Nasdaq (NDAQ) Set to Announce Quarterly Earnings on Monday

Nasdaq (NASDAQ:NDAQ) will be issuing its quarterly earnings data before the market opens on Monday, January 29th. Analysts expect the company to announce earnings of $1.00 per share for the quarter.

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

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

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

In other Nasdaq news, EVP Pc Nelson Griggs sold 2,064 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $76.58, for a total value of $158,061.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradley J. Peterson sold 19,169 shares of the stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $80.70, for a total transaction of $1,546,938.30. Following the completion of the sale, the insider now directly owns 32,214 shares of the company’s stock, valued at approximately $2,599,669.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,629 shares of company stock valued at $1,809,309. Corporate insiders own 1.60% of the company’s stock.

NDAQ has been the topic of several recent analyst reports. Barclays cut their price objective on shares of Nasdaq from $85.00 to $84.00 and set an “overweight” rating on the stock in a report on Thursday, October 26th. Zacks Investment Research upgraded shares of Nasdaq from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $78.00 price objective on shares of Nasdaq in a report on Thursday, October 12th. Royal Bank of Canada set a $78.00 price objective on shares of Nasdaq and gave the stock a “hold” rating in a report on Monday, October 16th. Finally, Citigroup increased their price objective on shares of Nasdaq from $75.00 to $82.00 and gave the stock a “neutral” rating in a report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the stock. Nasdaq currently has a consensus rating of “Hold” and an average target price of $81.23.

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Nasdaq Company Profile

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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