Equities analysts expect that Nielsen Holdings PLC (NYSE:NLSN) will announce sales of $1.65 billion for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Nielsen’s earnings, with the lowest sales estimate coming in at $1.63 billion and the highest estimate coming in at $1.69 billion. Nielsen posted sales of $1.76 billion during the same quarter last year, which would indicate a negative year over year growth rate of 6.3%. The business is scheduled to issue its next earnings report on Thursday, February 14th.
According to Zacks, analysts expect that Nielsen will report full-year sales of $6.50 billion for the current fiscal year, with estimates ranging from $6.49 billion to $6.51 billion. For the next financial year, analysts forecast that the firm will post sales of $6.45 billion, with estimates ranging from $6.37 billion to $6.56 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Nielsen.
Nielsen (NYSE:NLSN) last announced its earnings results on Thursday, October 25th. The business services provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. Nielsen had a net margin of 4.85% and a return on equity of 14.56%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.58 billion.
Several brokerages recently weighed in on NLSN. Zacks Investment Research raised shares of Nielsen from a “sell” rating to a “hold” rating in a research note on Friday, December 7th. Morgan Stanley set a $26.00 target price on shares of Nielsen and gave the company a “buy” rating in a research note on Tuesday. SunTrust Banks cut their target price on shares of Nielsen from $28.00 to $27.00 and set a “buy” rating for the company in a research note on Monday, October 29th. Credit Suisse Group began coverage on Nielsen in a report on Friday, December 7th. They issued a “neutral” rating and a $29.00 price target for the company. Finally, ValuEngine upgraded Nielsen from a “strong sell” rating to a “sell” rating in a report on Monday, October 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $28.42.
In other Nielsen news, SVP Jeffrey Charlton sold 6,337 shares of Nielsen stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $27.46, for a total value of $174,014.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.35% of the stock is owned by insiders.
Several large investors have recently modified their holdings of NLSN. Dimensional Fund Advisors LP grew its holdings in shares of Nielsen by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,906,047 shares of the business services provider’s stock worth $89,879,000 after purchasing an additional 49,796 shares during the period. FMR LLC grew its holdings in shares of Nielsen by 135.2% during the 2nd quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock worth $672,439,000 after purchasing an additional 12,496,283 shares during the period. ING Groep NV purchased a new stake in shares of Nielsen during the 2nd quarter worth about $465,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Nielsen by 77.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock worth $200,000 after purchasing an additional 2,827 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Nielsen by 40.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 47,247 shares of the business services provider’s stock worth $1,459,000 after purchasing an additional 13,650 shares during the period. Institutional investors and hedge funds own 95.56% of the company’s stock.
NLSN stock traded up $0.07 during trading on Friday, hitting $25.68. The stock had a trading volume of 3,968,600 shares, compared to its average volume of 3,022,950. Nielsen has a 1-year low of $20.53 and a 1-year high of $39.25. The company has a market capitalization of $9.11 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 1.06 and a beta of 0.93. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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