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. It also offers television audience measurement services; digital audience measurement services; video advertising services; and independent measurement and consumer research primarily servicing radio, advertisers, and advertising agencies in the audio industry. In addition, it offers consumer behavioral and transactional data. Nielsen Holdings plc provides marketing solutions. The company was founded in 1923 and is headquartered in New York, New York.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets cut shares of Nielsen from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $34.00 to $28.00 in a report on Monday, May 16th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company's stock. According to data from MarketBeat, Nielsen presently has a consensus rating of "Hold" and an average target price of $24.57.
Nielsen Stock Performance
Shares of NYSE:NLSN traded up $0.02 during midday trading on Tuesday, hitting $27.58. The company's stock had a trading volume of 4,163,120 shares, compared to its average volume of 6,520,789. The stock has a fifty day moving average price of $23.94 and a 200 day moving average price of $23.47. Nielsen has a one year low of $16.02 and a one year high of $27.79. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of $9.92 billion, a price-to-earnings ratio of 18.76 and a beta of 1.34.
Nielsen (NYSE:NLSN - Get Rating) last issued its quarterly earnings data on Wednesday, July 27th. The business services provider reported $0.44 EPS for the quarter, beating the consensus estimate of $0.43 by $0.01. The company had revenue of $882.00 million during the quarter, compared to analysts' expectations of $886.52 million. Nielsen had a net margin of 14.99% and a return on equity of 17.69%. Nielsen's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 earnings per share. On average, research analysts forecast that Nielsen will post 1.8 EPS for the current fiscal year.
Nielsen Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 2nd. Investors of record on Thursday, August 18th will be paid a dividend of $0.06 per share. The ex-dividend date is Wednesday, August 17th. This represents a $0.24 annualized dividend and a yield of 0.87%. Nielsen's dividend payout ratio is currently 16.33%.