$0.42 EPS Expected for Nielsen Holdings PLC (NYSE:NLSN) This Quarter

Brokerages expect that Nielsen Holdings PLC (NYSE:NLSN) will report earnings of $0.42 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Nielsen’s earnings, with the highest EPS estimate coming in at $0.45 and the lowest estimate coming in at $0.40. Nielsen posted earnings per share of $0.49 in the same quarter last year, which suggests a negative year-over-year growth rate of 14.3%. The company is scheduled to report its next earnings results on Thursday, October 24th.

According to Zacks, analysts expect that Nielsen will report full year earnings of $1.77 per share for the current year, with EPS estimates ranging from $1.75 to $1.78. For the next year, analysts expect that the firm will report earnings of $1.79 per share, with EPS estimates ranging from $1.67 to $1.85. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Nielsen.

Nielsen (NYSE:NLSN) last released its earnings results on Wednesday, July 31st. The business services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.12. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. Nielsen’s revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share.

NLSN has been the subject of a number of recent analyst reports. Citigroup set a $28.00 price objective on shares of Nielsen and gave the stock a “buy” rating in a research note on Friday, August 16th. ValuEngine raised shares of Nielsen from a “sell” rating to a “hold” rating in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Nielsen currently has a consensus rating of “Hold” and an average price target of $26.17.

NYSE:NLSN traded up $0.23 during trading hours on Friday, reaching $20.94. 589,063 shares of the company’s stock were exchanged, compared to its average volume of 2,860,774. The business’s 50-day simple moving average is $21.24 and its two-hundred day simple moving average is $23.31. Nielsen has a 12 month low of $19.86 and a 12 month high of $28.50. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $7.46 billion, a P/E ratio of 12.10, a price-to-earnings-growth ratio of 1.04 and a beta of 0.92.

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Thursday, August 22nd were given a $0.35 dividend. This is an increase from Nielsen’s previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, August 21st. This represents a $1.40 dividend on an annualized basis and a yield of 6.69%. Nielsen’s dividend payout ratio is presently 80.92%.

Hedge funds have recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. raised its holdings in shares of Nielsen by 20.4% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 74,810 shares of the business services provider’s stock valued at $1,770,000 after purchasing an additional 12,666 shares in the last quarter. Swiss National Bank raised its holdings in shares of Nielsen by 2.5% during the 1st quarter. Swiss National Bank now owns 1,183,461 shares of the business services provider’s stock valued at $28,013,000 after purchasing an additional 29,200 shares in the last quarter. Xact Kapitalforvaltning AB raised its holdings in shares of Nielsen by 53.6% during the 1st quarter. Xact Kapitalforvaltning AB now owns 61,208 shares of the business services provider’s stock valued at $1,449,000 after purchasing an additional 21,361 shares in the last quarter. Ontario Teachers Pension Plan Board bought a new position in shares of Nielsen during the 1st quarter valued at $649,000. Finally, GAM Holding AG bought a new position in shares of Nielsen during the 1st quarter valued at $1,344,000. Institutional investors own 96.17% of the company’s stock.

About Nielsen

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.

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