Brokerages Anticipate Nielsen Holdings PLC (NLSN) Will Announce Quarterly Sales of $1.58 Billion

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Analysts expect that Nielsen Holdings PLC (NYSE:NLSN) will post sales of $1.58 billion for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have made estimates for Nielsen’s earnings, with the lowest sales estimate coming in at $1.56 billion and the highest estimate coming in at $1.59 billion. Nielsen posted sales of $1.64 billion in the same quarter last year, which suggests a negative year-over-year growth rate of 3.7%. The business is scheduled to report its next earnings report before the market opens on Wednesday, October 24th.

On average, analysts expect that Nielsen will report full year sales of $6.52 billion for the current year, with estimates ranging from $6.50 billion to $6.53 billion. For the next financial year, analysts forecast that the firm will post sales of $6.50 billion, with estimates ranging from $6.41 billion to $6.59 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Nielsen.

Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Thursday, July 26th. The business services provider reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.39). The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Nielsen had a net margin of 5.57% and a return on equity of 15.28%. The business’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 earnings per share.

A number of analysts have issued reports on the company. Goldman Sachs Group downgraded Nielsen from a “neutral” rating to a “sell” rating in a research report on Monday, July 2nd. Morgan Stanley decreased their target price on Nielsen from $40.00 to $38.00 and set a “$30.76” rating for the company in a research report on Wednesday, July 18th. Zacks Investment Research raised Nielsen from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 25th. Citigroup decreased their target price on Nielsen from $41.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, August 20th. Finally, Pivotal Research downgraded Nielsen from a “buy” rating to a “hold” rating and set a $27.00 target price for the company. in a research report on Wednesday, August 15th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. Nielsen currently has an average rating of “Hold” and an average target price of $30.77.

Shares of NLSN traded up $0.40 on Monday, reaching $26.15. 4,221,827 shares of the company’s stock traded hands, compared to its average volume of 4,517,318. The company has a current ratio of 1.18, a quick ratio of 1.19 and a debt-to-equity ratio of 1.96. Nielsen has a 52-week low of $20.53 and a 52-week high of $42.15. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 1.47 and a beta of 0.93.

Several hedge funds and other institutional investors have recently made changes to their positions in NLSN. Dimensional Fund Advisors LP grew its position in shares of Nielsen by 30.4% in the first quarter. Dimensional Fund Advisors LP now owns 2,856,251 shares of the business services provider’s stock valued at $90,800,000 after purchasing an additional 665,127 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Nielsen by 11.7% in the first quarter. PNC Financial Services Group Inc. now owns 54,062 shares of the business services provider’s stock valued at $1,720,000 after purchasing an additional 5,670 shares in the last quarter. Stifel Financial Corp purchased a new position in shares of Nielsen in the first quarter valued at $357,000. Nomura Asset Management Co. Ltd. grew its position in shares of Nielsen by 12.0% in the first quarter. Nomura Asset Management Co. Ltd. now owns 54,595 shares of the business services provider’s stock valued at $1,735,000 after purchasing an additional 5,851 shares in the last quarter. Finally, Rampart Investment Management Company LLC grew its position in shares of Nielsen by 76.0% in the first quarter. Rampart Investment Management Company LLC now owns 7,352 shares of the business services provider’s stock valued at $234,000 after purchasing an additional 3,175 shares in the last quarter. Institutional investors own 95.56% of the company’s stock.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.

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