NASDAQ OMX Group Hits New 12-Month High at $42.66 (NDAQ)
NASDAQ OMX Group (NASDAQ:NDAQ) hit a new 52-week high during mid-day trading on Monday , StockRatingsNetwork.com reports. The stock traded as high as $42.66 and last traded at $42.56, with a volume of 366,175 shares trading hands. The stock had previously closed at $42.36.
NDAQ has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of NASDAQ OMX Group in a research note on Friday. They now have a $44.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of NASDAQ OMX Group in a research note on Friday. They now have a $45.00 price target on the stock, up previously from $42.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of NASDAQ OMX Group in a research note on Friday. They now have a $50.00 price target on the stock, up previously from $45.00. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. NASDAQ OMX Group presently has an average rating of “Buy” and an average target price of $40.57.
The stock has a 50-day moving average of $38.95 and a 200-day moving average of $37.98. The company has a market cap of $7.253 billion and a price-to-earnings ratio of 15.96.
NASDAQ OMX Group (NASDAQ:NDAQ) last released its earnings data on Thursday, July 24th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $523.00 million for the quarter, compared to the consensus estimate of $517.20 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. Analysts expect that NASDAQ OMX Group will post $2.90 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 26th. Stockholders of record on Friday, September 12th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, September 10th.
In other NASDAQ OMX Group news, EVP Anna M. Ewing sold 20,000 shares of the company’s stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $41.00, for a total transaction of $820,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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