Zacks Investment Research lowered shares of Nielsen (NYSE:NLSN) from a buy rating to a hold rating in a research report report published on Wednesday morning, Zacks.com reports.
According to Zacks, “Nielsen reported better-than-expected earnings in the first quarter driven by solid execution and ongoing focus on operational efficiency. However, it is being impacted by unimpressive performance in the emerging-markets served. The company’s ongoing investments in technology and infrastructure remain risks for margin expansion and profitability. Mounting competition in the digital space poses a major threat to its market position. Notably, in a year’s time, the stock has underperformed the industry it belongs to. Nevertheless, the company is benefiting from strength in both the segments, namely Global Media and Connect. We believe the company’s consistent investment in product portfolio, and growing client adoption are expected to continue aiding business growth in the near term as well as long haul. “
A number of other equities analysts also recently issued reports on NLSN. Morgan Stanley set a $26.00 target price on Nielsen and gave the stock a buy rating in a research note on Tuesday, January 8th. ValuEngine cut Nielsen from a hold rating to a sell rating in a report on Tuesday, January 22nd. Credit Suisse Group set a $27.00 target price on Nielsen and gave the company a hold rating in a report on Friday, March 1st. BMO Capital Markets increased their target price on Nielsen from $24.00 to $26.00 and gave the company a market perform rating in a report on Monday, March 4th. Finally, SunTrust Banks set a $28.00 target price on Nielsen and gave the company a buy rating in a report on Thursday, March 28th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $27.67.
Shares of NLSN stock traded up $0.10 during trading hours on Wednesday, reaching $24.22. 151,016 shares of the company’s stock were exchanged, compared to its average volume of 3,749,384. The company has a market cap of $8.57 billion, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 1.30 and a beta of 0.91. Nielsen has a 1 year low of $20.53 and a 1 year high of $32.06. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.76.
Nielsen (NYSE:NLSN) last issued its earnings results on Tuesday, April 30th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.08. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.57 billion. Nielsen had a positive return on equity of 15.52% and a negative net margin of 11.46%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.40 EPS. On average, equities analysts forecast that Nielsen will post 1.58 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Wednesday, June 5th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.78%. The ex-dividend date of this dividend is Tuesday, June 4th. Nielsen’s dividend payout ratio is presently 80.92%.
Several institutional investors and hedge funds have recently modified their holdings of NLSN. Parallel Advisors LLC raised its position in shares of Nielsen by 75.2% in the 1st quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock worth $25,000 after buying an additional 451 shares during the period. Bessemer Group Inc. raised its position in Nielsen by 231.7% in the fourth quarter. Bessemer Group Inc. now owns 1,184 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 827 shares during the period. Oregon Public Employees Retirement Fund raised its position in Nielsen by 2,202.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 843,869 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 807,219 shares during the period. Enlightenment Research LLC purchased a new position in Nielsen in the fourth quarter valued at about $42,000. Finally, Quadrant Capital Group LLC raised its position in Nielsen by 1,516.6% in the first quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 2,290 shares during the period. 99.84% of the stock is currently owned by institutional investors and hedge funds.
Nielsen Company Profile
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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