Nielsen (NYSE:NLSN) issued its quarterly earnings results on Thursday. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.11, Briefing.com reports. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same quarter in the prior year, the business posted $0.27 EPS. Nielsen’s revenue for the quarter was up 1.0% compared to the same quarter last year.
NLSN stock traded up $0.44 during trading on Friday, reaching $20.35. The company’s stock had a trading volume of 6,311,881 shares, compared to its average volume of 3,376,662. Nielsen has a 1 year low of $17.94 and a 1 year high of $28.50. 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 company has a market capitalization of $7.43 billion, a P/E ratio of 11.76, a price-to-earnings-growth ratio of 1.03 and a beta of 0.92. The company’s fifty day moving average is $20.92 and its 200-day moving average is $22.33.
A number of equities research analysts have issued reports on the company. ValuEngine lowered Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Morgan Stanley cut their price target on Nielsen from $27.00 to $25.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Citigroup set a $28.00 price target on Nielsen and gave the stock a “buy” rating in a research note on Friday, August 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Nielsen currently has a consensus rating of “Hold” and an average target price 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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