Nielsen (NYSE:NLSN) released its earnings results on Thursday. The business services provider reported $0.51 EPS for the quarter, beating the Thomson Reuters’ 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 company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm earned $0.27 EPS. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year.
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Shares of NLSN stock traded up $0.44 on Friday, hitting $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 debt-to-equity ratio of 2.90, a quick ratio of 1.07 and a current ratio of 1.07. Nielsen has a one year low of $17.94 and a one year high of $28.50. The company’s fifty day simple moving average is $20.92 and its 200 day simple moving average is $22.33. The stock has a market capitalization of $7.43 billion, a price-to-earnings ratio of 11.76, a P/E/G ratio of 1.03 and a beta of 0.92.
Several equities analysts recently commented on NLSN shares. ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a 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 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 on the stock in a report on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price 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.