Zacks: Analysts Expect Nielsen Holdings PLC (NYSE:NLSN) to Post $0.42 EPS

Wall Street brokerages expect Nielsen Holdings PLC (NYSE:NLSN) to post earnings of $0.42 per share for the current quarter, Zacks reports. Six analysts have issued estimates for Nielsen’s earnings. The highest EPS estimate is $0.45 and the lowest is $0.40. Nielsen reported earnings per share of $0.49 in the same quarter last year, which indicates a negative year over year growth rate of 14.3%. The business is scheduled to announce its next earnings results before the market opens on Thursday, October 24th.

On average, analysts expect that Nielsen will report full-year earnings of $1.76 per share for the current fiscal year, with EPS estimates ranging from $1.75 to $1.77. For the next financial year, analysts forecast that the company will post earnings of $1.79 per share, with EPS estimates ranging from $1.67 to $1.85. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Nielsen.

Nielsen (NYSE:NLSN) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.12. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.20 earnings per share.

NLSN has been the topic of a number of analyst reports. Morgan Stanley decreased their price objective on Nielsen from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, October 10th. ValuEngine upgraded Nielsen from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Citigroup set a $28.00 price objective on Nielsen and gave the stock a “buy” rating in a report on Friday, August 16th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $26.33.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Capital Group LLC raised its holdings in Nielsen by 2,265.9% during the second quarter. Private Capital Group LLC now owns 970 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 929 shares during the period. Bessemer Group Inc. increased its holdings in shares of Nielsen by 675.1% in the second quarter. Bessemer Group Inc. now owns 1,961 shares of the business services provider’s stock worth $45,000 after purchasing an additional 1,708 shares during the last quarter. CSat Investment Advisory L.P. increased its holdings in shares of Nielsen by 66.5% in the second quarter. CSat Investment Advisory L.P. now owns 1,998 shares of the business services provider’s stock worth $45,000 after purchasing an additional 798 shares during the last quarter. NuWave Investment Management LLC increased its position in shares of Nielsen by 2,320.6% during the second quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock worth $77,000 after purchasing an additional 3,272 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Nielsen during the second quarter worth $163,000. Institutional investors own 96.25% of the company’s stock.

Shares of Nielsen stock opened at $20.95 on Friday. The company has a debt-to-equity ratio of 2.90, a quick ratio of 1.07 and a current ratio of 1.07. Nielsen has a 52 week low of $19.86 and a 52 week high of $28.50. The stock has a 50 day moving average price of $21.36 and a two-hundred day moving average price of $22.67. The stock has a market capitalization of $7.58 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 1.05 and a beta of 0.92.

Nielsen Company Profile

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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