Nielsen Hldg NV Given Consensus Recommendation of “Hold” by Analysts (NASDAQ:NLSN)
Nielsen Hldg NV (NASDAQ:NLSN) has received a consensus rating of “Hold” from the seventeen brokerages that are covering the stock, AnalystRatings.NET reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $47.55.
In other Nielsen Hldg NV news, Insider James W. Cuminale unloaded 31,409 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $46.81, for a total value of $1,470,255.29. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Nielsen Hldg NV (NASDAQ:NLSN) opened at 46.99 on Thursday. Nielsen Hldg NV has a 1-year low of $34.38 and a 1-year high of $49.61. The stock has a 50-day moving average of $47.61 and a 200-day moving average of $46.67. The company has a market cap of $17.870 billion and a price-to-earnings ratio of 44.08.
Nielsen Hldg NV (NASDAQ:NLSN) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. Analysts expect that Nielsen Hldg NV will post $2.51 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 11th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Tuesday, August 26th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Nielsen Hldg NV from a “neutral” rating to an “underperform” rating in a research note on Friday, August 1st. They now have a $44.10 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Nielsen Hldg NV from $45.00 to $48.00 in a research note on Thursday, July 31st. Finally, analysts at FBR Capital Markets raised their price target on shares of Nielsen Hldg NV from $51.00 to $55.00 in a research note on Thursday, July 31st.
Nielsen NV, formerly Nielsen Holdings NV, is a Netherlands-based company engaged in information and measurement services.
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