Nielsen (NYSE:NLSN) issued its quarterly earnings results on Thursday. The business services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.11, Briefing.com reports. The business had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 earnings per share.
NLSN traded up $0.44 during midday trading on Friday, reaching $20.35. The company had a trading volume of 6,311,881 shares, compared to its average volume of 3,376,662. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 2.90. The business has a 50-day moving average of $20.92 and a two-hundred day moving average of $22.33. The company has a market cap of $7.43 billion, a P/E ratio of 11.76, a P/E/G ratio of 1.03 and a beta of 0.92. Nielsen has a 1 year low of $17.94 and a 1 year high of $28.50.
NLSN has been the subject of a number of analyst reports. ValuEngine cut Nielsen from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Morgan Stanley reduced their price target on Nielsen from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Citigroup set a $28.00 price target on Nielsen and gave the stock a “buy” rating in a research report on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Nielsen currently has a consensus rating of “Hold” and a consensus target price of $26.00.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.
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