Nasdaq (NDAQ) Set to Announce Quarterly Earnings on Monday

Nasdaq (NASDAQ:NDAQ) is scheduled to post its quarterly earnings results before the market opens on Monday, January 29th. Analysts expect Nasdaq to post earnings of $1.00 per share for the quarter.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. Nasdaq had a net margin of 6.72% and a return on equity of 12.69%. The business had revenue of $607.00 million during the quarter, compared to the consensus estimate of $599.84 million. During the same quarter last year, the company earned $0.91 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts expect Nasdaq to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Nasdaq (NASDAQ:NDAQ) opened at $80.07 on Monday. Nasdaq has a 1 year low of $65.98 and a 1 year high of $82.15. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $13,360.00, a P/E ratio of 53.03, a PEG ratio of 1.69 and a beta of 0.79.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend was Thursday, December 14th. Nasdaq’s payout ratio is currently 100.66%.

A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of Nasdaq from a “buy” rating to a “hold” rating in a research report on Friday. Jefferies Group reissued a “hold” rating and set a $83.50 price target on shares of Nasdaq in a research report on Tuesday, January 16th. Zacks Investment Research downgraded shares of Nasdaq from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Wells Fargo & Co reissued a “market perform” rating and set a $83.00 price target (up previously from $77.00) on shares of Nasdaq in a research report on Wednesday, January 10th. Finally, ValuEngine downgraded shares of Nasdaq from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $81.23.

In related news, EVP Pc Nelson Griggs sold 2,064 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $76.58, for a total transaction of $158,061.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Bradley J. Peterson sold 19,169 shares of the firm’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $80.70, for a total value of $1,546,938.30. Following the completion of the sale, the insider now owns 32,214 shares in the company, valued at $2,599,669.80. The disclosure for this sale can be found here. Insiders have sold 22,629 shares of company stock worth $1,809,309 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

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About Nasdaq

Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.

Earnings History for Nasdaq (NASDAQ:NDAQ)

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