Nielsen N.V. (NLSN) Expected to Post Quarterly Sales of $1.75 Billion
Brokerages expect that Nielsen N.V. (NYSE:NLSN) will report $1.75 billion in sales for the current fiscal quarter, according to Zacks. Seven analysts have issued estimates for Nielsen’s earnings, with the highest sales estimate coming in at $1.77 billion and the lowest estimate coming in at $1.71 billion. Nielsen posted sales of $1.66 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 5.4%. The firm is expected to report its next quarterly earnings report on Thursday, February 8th.
According to Zacks, analysts expect that Nielsen will report full-year sales of $1.75 billion for the current year, with estimates ranging from $6.52 billion to $6.59 billion. For the next financial year, analysts forecast that the company will report sales of $6.77 billion per share, with estimates ranging from $6.73 billion to $6.80 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Nielsen.
NLSN has been the subject of several research reports. Deutsche Bank set a $35.00 price target on shares of Nielsen and gave the company a “hold” rating in a research report on Wednesday, November 29th. BMO Capital Markets reiterated a “market perform” rating and issued a $44.00 price target on shares of Nielsen in a research report on Thursday, October 26th. BidaskClub downgraded shares of Nielsen from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. Morgan Stanley dropped their price objective on shares of Nielsen from $50.00 to $49.00 and set an “overweight” rating on the stock in a research note on Thursday, October 26th. Finally, Citigroup raised shares of Nielsen from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Friday, November 17th. Three analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $43.60.
Several hedge funds have recently made changes to their positions in NLSN. Cable Hill Partners LLC acquired a new stake in Nielsen during the 3rd quarter worth approximately $116,000. Group One Trading L.P. acquired a new stake in Nielsen in the second quarter valued at approximately $108,000. First Interstate Bank acquired a new stake in Nielsen in the second quarter valued at approximately $124,000. YorkBridge Wealth Partners LLC grew its position in Nielsen by 3,670.1% in the third quarter. YorkBridge Wealth Partners LLC now owns 3,280 shares of the business services provider’s stock valued at $136,000 after acquiring an additional 3,193 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Nielsen by 133.5% in the third quarter. IFP Advisors Inc now owns 3,605 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 2,061 shares in the last quarter. Institutional investors and hedge funds own 95.62% of the company’s stock.
Shares of Nielsen (NLSN) opened at $36.22 on Thursday. The firm has a market cap of $13,360.00, a P/E ratio of 20.74, a PEG ratio of 1.77 and a beta of 0.93. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.88. Nielsen has a 12-month low of $34.22 and a 12-month high of $45.73.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 5th. Investors of record on Tuesday, November 21st were given a $0.34 dividend. The ex-dividend date was Monday, November 20th. This represents a $1.36 annualized dividend and a dividend yield of 3.75%. Nielsen’s dividend payout ratio is presently 95.77%.
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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