Nielsen Holdings plc (NYSE:NLSN) has been assigned a consensus recommendation of "Hold" from the twelve analysts that are currently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $26.10.
A number of analysts have commented on the stock. Truist lifted their target price on shares of Nielsen from $20.00 to $26.00 in a report on Monday, March 1st. JPMorgan Chase & Co. began coverage on shares of Nielsen in a report on Friday, March 12th. They issued an "overweight" rating for the company. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reissued a "neutral" rating and issued a $29.00 price target (up previously from $27.00) on shares of Nielsen in a report on Thursday, May 27th. BMO Capital Markets boosted their price target on shares of Nielsen from $30.00 to $33.00 and gave the company an "outperform" rating in a report on Thursday, May 13th. Finally, Citigroup lowered shares of Nielsen from a "buy" rating to a "neutral" rating and boosted their price target for the company from $27.00 to $29.00 in a report on Friday, May 21st.
NLSN opened at $25.58 on Friday. The stock's fifty day simple moving average is $26.42. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.86. Nielsen has a 52 week low of $13.13 and a 52 week high of $28.42. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 15.69 and a beta of 1.46.
Nielsen (NYSE:NLSN) last released its earnings results on Thursday, May 6th. The business services provider reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.15. Nielsen had a net margin of 10.46% and a return on equity of 25.28%. The firm had revenue of $863.00 million during the quarter, compared to analyst estimates of $847.47 million. During the same quarter in the previous year, the business earned $0.29 EPS. The business's quarterly revenue was down 44.6% compared to the same quarter last year. Equities analysts forecast that Nielsen will post 1.46 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 17th. Shareholders of record on Thursday, June 3rd will be given a dividend of $0.06 per share. The ex-dividend date is Wednesday, June 2nd. This represents a $0.24 annualized dividend and a yield of 0.94%. Nielsen's dividend payout ratio (DPR) is presently 15.79%.
A number of large investors have recently modified their holdings of NLSN. California Public Employees Retirement System lifted its position in Nielsen by 6.8% during the 4th quarter. California Public Employees Retirement System now owns 922,945 shares of the business services provider's stock worth $19,262,000 after buying an additional 58,430 shares in the last quarter. Lapides Asset Management LLC lifted its position in Nielsen by 15.8% during the 4th quarter. Lapides Asset Management LLC now owns 421,500 shares of the business services provider's stock worth $8,797,000 after buying an additional 57,500 shares in the last quarter. US Bancorp DE lifted its position in Nielsen by 30.6% during the 4th quarter. US Bancorp DE now owns 3,462 shares of the business services provider's stock worth $72,000 after buying an additional 811 shares in the last quarter. Tiff Advisory Services Inc. increased its stake in shares of Nielsen by 10.2% during the 4th quarter. Tiff Advisory Services Inc. now owns 1,067,358 shares of the business services provider's stock worth $22,012,000 after purchasing an additional 98,440 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Nielsen during the 4th quarter worth about $340,000.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company worldwide. It operates in two segments, Nielsen Global Media (Media) and Nielsen Global Connect (Connect). The Media segment provides viewership and listening data, and analytics principally to media publishers and marketers, and advertising agencies for television, radio, digital viewing, and listening platforms.
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