Zacks: Analysts Anticipate Nielsen N.V. (NLSN) Will Announce Quarterly Sales of $1.64 Billion
Analysts expect Nielsen N.V. (NYSE:NLSN) to post sales of $1.64 billion for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Nielsen N.V.’s earnings. The lowest sales estimate is $1.62 billion and the highest is $1.66 billion. Nielsen N.V. posted sales of $1.57 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 4.5%. The firm is expected to issue its next quarterly earnings results on Tuesday, October 24th.
According to Zacks, analysts expect that Nielsen N.V. will report full year sales of $1.64 billion for the current year, with estimates ranging from $6.52 billion to $6.59 billion. For the next financial year, analysts expect that the company will post sales of $6.81 billion per share, with estimates ranging from $6.73 billion to $6.92 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that follow Nielsen N.V..
Nielsen N.V. (NYSE:NLSN) last issued its earnings results on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.14. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.65 billion. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. Nielsen N.V.’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the company earned $0.31 earnings per share.
Several equities research analysts have recently commented on NLSN shares. TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Friday, July 28th. BidaskClub raised Nielsen N.V. from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. Pivotal Research reduced their target price on Nielsen N.V. from $39.00 to $38.00 and set a “hold” rating for the company in a report on Thursday, July 27th. Finally, Deutsche Bank AG reduced their target price on Nielsen N.V. from $44.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, May 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Nielsen N.V. presently has a consensus rating of “Hold” and a consensus price target of $46.64.
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In other news, insider Stephen Hasker sold 20,930 shares of the stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total transaction of $899,990.00. Following the transaction, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.67% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its stake in Nielsen N.V. by 4,459.8% in the first quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock worth $1,277,040,000 after buying an additional 30,235,644 shares during the period. Capital Research Global Investors raised its stake in Nielsen N.V. by 21.2% in the second quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock worth $1,469,362,000 after buying an additional 6,648,088 shares during the period. Vontobel Asset Management Inc. acquired a new stake in Nielsen N.V. during the second quarter worth about $177,700,000. FMR LLC raised its stake in Nielsen N.V. by 274.4% in the second quarter. FMR LLC now owns 3,952,896 shares of the business services provider’s stock worth $152,819,000 after buying an additional 2,897,137 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in Nielsen N.V. by 143.0% in the second quarter. The Manufacturers Life Insurance Company now owns 4,877,253 shares of the business services provider’s stock worth $188,555,000 after buying an additional 2,870,282 shares during the period. 96.32% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Nielsen N.V. (NYSE:NLSN) opened at 39.07 on Wednesday. Nielsen N.V. has a 12 month low of $36.96 and a 12 month high of $54.99. The stock has a 50 day moving average of $40.17 and a 200-day moving average of $40.83. The firm has a market capitalization of $13.93 billion, a PE ratio of 28.48 and a beta of 0.97.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date of this dividend is Tuesday, August 22nd. Nielsen N.V.’s dividend payout ratio (DPR) is presently 99.27%.
About Nielsen N.V.
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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