Wall Street analysts predict that Nielsen N.V. (NYSE:NLSN) will report $1.64 billion in sales for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for Nielsen N.V.’s earnings, with estimates ranging from $1.62 billion to $1.66 billion. Nielsen N.V. reported sales of $1.57 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 4.5%. The company is expected to issue its next earnings report 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 $6.62 billion. For the next financial year, analysts expect that the firm will report sales of $6.81 billion per share, with estimates ranging from $6.73 billion to $6.92 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Nielsen N.V..
Nielsen N.V. (NYSE:NLSN) last announced its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.14. Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The business had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period last year, the firm earned $0.31 earnings per share. The firm’s quarterly revenue was up 3.0% on a year-over-year basis.
A number of brokerages have issued reports on NLSN. TheStreet raised shares of Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. Deutsche Bank AG reaffirmed a “buy” rating and set a $47.00 price target on shares of Nielsen N.V. in a report on Monday, April 17th. Zacks Investment Research raised Nielsen N.V. from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Wednesday, April 26th. BidaskClub upgraded shares of Nielsen N.V. from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Finally, Cantor Fitzgerald reiterated a “hold” rating and set a $48.00 price objective on shares of Nielsen N.V. in a research note on Friday, April 21st. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.64.
Shares of Nielsen N.V. (NYSE:NLSN) opened at 40.79 on Friday. The stock has a 50 day moving average price of $39.78 and a 200 day moving average price of $40.92. Nielsen N.V. has a 12-month low of $36.96 and a 12-month high of $54.99. The stock has a market capitalization of $14.54 billion, a P/E ratio of 29.73 and a beta of 0.97.
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Tuesday, August 22nd. Nielsen N.V.’s dividend payout ratio is 99.27%.
In other news, CFO Jamere Jackson sold 11,500 shares of the business’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $38.55, for a total transaction of $443,325.00. Following the transaction, the chief financial officer now owns 87,888 shares in the company, valued at approximately $3,388,082.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Stephen Hasker sold 20,930 shares of the business’s 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 in the company, valued at approximately $3,411,663. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of NLSN. First Interstate Bank bought a new position in Nielsen N.V. during the second quarter valued at about $124,000. Creative Planning increased its position in Nielsen N.V. by 3.0% in the second quarter. Creative Planning now owns 3,593 shares of the business services provider’s stock valued at $139,000 after buying an additional 103 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Nielsen N.V. by 2.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,620 shares of the business services provider’s stock valued at $140,000 after buying an additional 87 shares during the last quarter. Advisor Group Inc. increased its position in Nielsen N.V. by 26.6% in the second quarter. Advisor Group Inc. now owns 4,028 shares of the business services provider’s stock valued at $156,000 after buying an additional 847 shares during the last quarter. Finally, Beese Fulmer Investment Management Inc. increased its position in Nielsen N.V. by 2.6% in the first quarter. Beese Fulmer Investment Management Inc. now owns 5,010 shares of the business services provider’s stock valued at $207,000 after buying an additional 125 shares during the last quarter. Institutional investors own 94.96% of the company’s stock.
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Nielsen N.V. Company Profile
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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