Somewhat Positive Media Coverage Somewhat Unlikely to Impact Nasdaq (NDAQ) Share Price
News coverage about Nasdaq (NASDAQ:NDAQ) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nasdaq earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.9522507237283 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- UPDATE 1-U.S. SEC puts Chicago Stock Exchange’s China deal on hold (ICE, NDAQ, CBOE) (markets.businessinsider.com)
- Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 31, 2017 (finance.yahoo.com)
- SIX Swiss Exchange and Nasdaq to Develop Distributed Ledger Technology for SIX’s OTC Structured Products (finance.yahoo.com)
- BIO-key International, Inc. (Nasdaq: BKYI) to Ring The Nasdaq Stock Market Closing Bell (finance.yahoo.com)
- Zealand Pharma (Nasdaq: ZEAL) to Ring The Nasdaq Stock Market Opening Bell (finance.yahoo.com)
Several analysts have recently commented on the stock. BidaskClub raised shares of Nasdaq from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. UBS AG reaffirmed a “buy” rating and set a $85.00 price target (up previously from $80.00) on shares of Nasdaq in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $76.00 price target (up previously from $74.00) on shares of Nasdaq in a research report on Thursday, July 27th. Citigroup Inc. assumed coverage on shares of Nasdaq in a research report on Wednesday, July 12th. They set a “neutral” rating and a $72.00 price target on the stock. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $71.00 price target (up previously from $68.00) on shares of Nasdaq in a research report on Monday, July 17th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $75.22.
Shares of Nasdaq (NASDAQ NDAQ) traded down 0.43% during mid-day trading on Thursday, reaching $75.92. The company’s stock had a trading volume of 750,671 shares. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 57.69 and a beta of 0.76. Nasdaq has a 1-year low of $63.30 and a 1-year high of $76.79. The firm’s 50 day moving average price is $72.64 and its 200-day moving average price is $70.24.
Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.06. The company had revenue of $602 million for the quarter, compared to the consensus estimate of $596.55 million. Nasdaq had a net margin of 5.76% and a return on equity of 12.19%. Nasdaq’s revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 earnings per share. On average, analysts predict that Nasdaq will post $4.18 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Thursday, September 14th. Nasdaq’s dividend payout ratio is presently 118.75%.
In other news, insider Edward S. Knight sold 15,000 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were sold at an average price of $74.39, for a total value of $1,115,850.00. Following the transaction, the insider now owns 78,063 shares of the company’s stock, valued at approximately $5,807,106.57. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.
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Nasdaq Company Profile
Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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