Nielsen (NYSE:NLSN) released its earnings results on Thursday. The business services provider reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.11, Briefing.com reports. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.97%. The firm had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the firm earned $0.27 EPS. The company’s revenue was up 1.0% compared to the same quarter last year.
Shares of NLSN stock traded up $0.44 during trading on Friday, reaching $20.35. 6,311,881 shares of the company’s stock traded hands, compared to its average volume of 3,376,662. The company has a market capitalization of $7.43 billion, a P/E ratio of 11.76, a PEG ratio of 1.03 and a beta of 0.92. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.90. The firm’s 50-day moving average is $20.92 and its 200 day moving average is $22.33. Nielsen has a 1 year low of $17.94 and a 1 year high of $28.50.
A number of research firms have recently weighed in on NLSN. ValuEngine downgraded shares of Nielsen from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Citigroup set a $28.00 target price on shares of Nielsen and gave the company a “buy” rating in a research report on Friday, August 16th. Finally, Morgan Stanley reduced their target price on shares of Nielsen from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Nielsen currently has an average rating of “Hold” and a consensus price target of $26.00.
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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