Analysts expect Nielsen Holdings plc (NYSE:NLSN – Get Rating) to report earnings of $0.45 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Nielsen’s earnings, with estimates ranging from $0.44 to $0.45. Nielsen posted earnings per share of $0.43 during the same quarter last year, which indicates a positive year over year growth rate of 4.7%. The company is expected to announce its next earnings report on Monday, January 1st.
On average, analysts expect that Nielsen will report full year earnings of $1.88 per share for the current year, with EPS estimates ranging from $1.86 to $1.89. For the next financial year, analysts expect that the firm will report earnings of $2.03 per share, with EPS estimates ranging from $1.96 to $2.08. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Nielsen.
Nielsen (NYSE:NLSN – Get Rating) last released its earnings results on Thursday, April 28th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.41 by $0.04. Nielsen had a net margin of 14.09% and a return on equity of 17.99%. The firm had revenue of $877.00 million for the quarter, compared to analyst estimates of $879.27 million. During the same period last year, the firm earned $0.45 EPS. The business’s quarterly revenue was up 1.6% compared to the same quarter last year.
In other news, major shareholder Windacre Partnership Llc purchased 5,652,100 shares of the company’s stock in a transaction dated Wednesday, April 13th. The shares were purchased at an average price of $27.49 per share, for a total transaction of $155,376,229.00. Following the transaction, the insider now owns 91,074,100 shares of the company’s stock, valued at $2,503,627,009. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last quarter, insiders have purchased 26,105,385 shares of company stock worth $715,142,857. 0.63% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of NLSN. Bank of Nova Scotia lifted its position in shares of Nielsen by 178.5% in the 1st quarter. Bank of Nova Scotia now owns 16,873,055 shares of the business services provider’s stock worth $459,622,000 after purchasing an additional 10,814,521 shares during the period. Barclays PLC lifted its position in shares of Nielsen by 1,010.6% in the 4th quarter. Barclays PLC now owns 5,565,860 shares of the business services provider’s stock worth $114,156,000 after purchasing an additional 5,064,714 shares during the period. National Bank of Canada FI acquired a new position in shares of Nielsen during the 4th quarter valued at $94,399,000. Norges Bank acquired a new position in shares of Nielsen during the 4th quarter valued at $85,279,000. Finally, UBS Group AG lifted its position in shares of Nielsen by 30.5% during the 3rd quarter. UBS Group AG now owns 14,480,001 shares of the business services provider’s stock valued at $277,871,000 after acquiring an additional 3,388,422 shares during the period.
NLSN stock traded down $0.51 during mid-day trading on Monday, hitting $25.14. The stock had a trading volume of 6,062,802 shares, compared to its average volume of 5,014,129. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.55. Nielsen has a 52 week low of $16.02 and a 52 week high of $28.21. The firm has a market capitalization of $9.04 billion, a P/E ratio of 18.35 and a beta of 1.41. The firm has a fifty day simple moving average of $25.25 and a 200 day simple moving average of $21.68.
Nielsen announced that its board has approved a stock repurchase program on Monday, February 28th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the business services provider to purchase up to 16% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 16th. Investors of record on Thursday, June 2nd will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.95%. Nielsen’s dividend payout ratio is presently 17.52%.
Nielsen Company Profile (Get Rating)
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company worldwide. The company provides viewership and listening data, and analytics principally to media publishers and marketers, and advertising agencies for television, computer, mobile, CTV, digital, and listening platforms.
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