Nielsen (NYSE:NLSN) issued its earnings results on Thursday. The business services provider reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.11, Briefing.com reports. The business had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.61 billion. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.97%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company posted $0.27 earnings per share.
NLSN stock traded up $0.44 during trading on Friday, hitting $20.35. 6,311,881 shares of the company’s stock traded hands, compared to its average volume of 3,376,662. The firm has a market capitalization of $7.43 billion, a P/E ratio of 11.76, a PEG ratio of 1.03 and a beta of 0.92. The business has a fifty day simple moving average of $20.92 and a two-hundred day simple moving average of $22.33. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 2.90. Nielsen has a 1 year low of $17.94 and a 1 year high of $28.50.
NLSN has been the topic of a number of research reports. Morgan Stanley reduced their target price on shares of Nielsen from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Friday. Citigroup set a $28.00 target price on shares of Nielsen and gave the stock a “buy” rating in a research report on Friday, August 16th. Finally, ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Nielsen presently has an average rating of “Hold” and an average price target of $26.00.
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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