$1.58 Billion in Sales Expected for Nielsen Holdings PLC (NLSN) This Quarter

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Equities analysts forecast that Nielsen Holdings PLC (NYSE:NLSN) will announce $1.58 billion in sales for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Nielsen’s earnings. The lowest sales estimate is $1.56 billion and the highest is $1.59 billion. Nielsen reported sales of $1.64 billion in the same quarter last year, which suggests a negative year over year growth rate of 3.7%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, October 24th.

According to Zacks, analysts expect that Nielsen will report full year sales of $6.52 billion for the current fiscal year, with estimates ranging from $6.50 billion to $6.53 billion. For the next fiscal year, analysts forecast that the firm will report sales of $6.50 billion, with estimates ranging from $6.41 billion to $6.59 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that cover Nielsen.

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

A number of research analysts have commented on the stock. Morgan Stanley decreased their target price on shares of Nielsen from $40.00 to $38.00 and set a “$30.76” rating on the stock in a research report on Wednesday, July 18th. Robert W. Baird upped their target price on shares of Nielsen from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, August 14th. SunTrust Banks set a $26.00 target price on shares of Nielsen and gave the company a “buy” rating in a research report on Saturday, July 28th. Needham & Company LLC decreased their target price on shares of Nielsen to $30.00 and set a “buy” rating on the stock in a research report on Friday, July 27th. Finally, Pivotal Research decreased their target price on shares of Nielsen from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, July 26th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $30.77.

Shares of NLSN traded down $0.24 during mid-day trading on Monday, reaching $26.07. The stock had a trading volume of 163,828 shares, compared to its average volume of 4,520,909. 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 firm has a market capitalization of $9.83 billion, a P/E ratio of 12.46, a P/E/G ratio of 1.47 and a beta of 0.93.

Several institutional investors and hedge funds have recently modified their holdings of NLSN. FMR LLC raised its holdings in Nielsen by 135.2% in the second quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after acquiring an additional 12,496,283 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Nielsen by 0.4% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 10,264,744 shares of the business services provider’s stock valued at $326,317,000 after purchasing an additional 43,266 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Nielsen by 10.2% in the second quarter. Bank of New York Mellon Corp now owns 5,667,928 shares of the business services provider’s stock valued at $175,309,000 after purchasing an additional 523,530 shares during the last quarter. Ariel Investments LLC increased its stake in Nielsen by 24.6% in the second quarter. Ariel Investments LLC now owns 4,891,462 shares of the business services provider’s stock valued at $151,293,000 after purchasing an additional 966,961 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Nielsen by 5.2% in the second quarter. Northern Trust Corp now owns 3,997,795 shares of the business services provider’s stock valued at $123,652,000 after purchasing an additional 198,492 shares during the last quarter. 95.56% of the stock is currently owned by institutional investors and hedge funds.

About Nielsen

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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