Nielsen (NYSE:NLSN) posted its quarterly earnings results on Thursday. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.11, Briefing.com reports. The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.97%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.27 earnings per share.
Shares of NLSN traded up $0.44 during mid-day trading on Friday, reaching $20.35. 6,311,881 shares of the company’s stock were exchanged, compared to its average volume of 3,376,662. 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 50-day simple moving average of $20.92 and a two-hundred day simple moving average of $22.33. Nielsen has a 52-week low of $17.94 and a 52-week high of $28.50. The company has a market cap of $7.43 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 1.03 and a beta of 0.92.
Several research analysts recently issued reports on NLSN shares. ValuEngine cut shares of Nielsen from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Citigroup set a $28.00 price target on shares of Nielsen and gave the stock a “buy” rating in a report on Friday, August 16th. Finally, Morgan Stanley cut their price target on shares of Nielsen from $27.00 to $25.00 and set an “overweight” rating for the company in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target 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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