Nielsen (NYSE:NLSN) Posts Quarterly Earnings Results

Nielsen (NYSE:NLSN) posted its quarterly earnings results on Wednesday. The business services provider reported $0.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.12, Morningstar.com reports. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Nielsen had a positive return on equity of 15.52% and a negative net margin of 11.46%. The business’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 EPS. Nielsen updated its FY 2019 guidance to $1.70-1.80 EPS and its FY19 guidance to $1.70-1.80 EPS.

NLSN traded down $0.18 during trading on Thursday, hitting $22.98. The stock had a trading volume of 3,386,944 shares, compared to its average volume of 3,527,901. The stock has a 50 day simple moving average of $23.10. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 13.28, a price-to-earnings-growth ratio of 1.24 and a beta of 0.91. Nielsen has a one year low of $21.51 and a one year high of $28.50. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 2.76.

Large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its position in shares of Nielsen by 75.2% during the 1st quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock valued at $25,000 after acquiring an additional 451 shares during the period. Bessemer Group Inc. lifted its position in shares of Nielsen by 675.1% during the 2nd quarter. Bessemer Group Inc. now owns 1,961 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 1,708 shares during the period. Quadrant Capital Group LLC lifted its position in shares of Nielsen by 1,516.6% during the 1st quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock valued at $55,000 after acquiring an additional 2,290 shares during the period. NuWave Investment Management LLC lifted its position in shares of Nielsen by 2,320.6% during the 2nd quarter. NuWave Investment Management LLC now owns 3,413 shares of the business services provider’s stock valued at $77,000 after acquiring an additional 3,272 shares during the period. Finally, Quantamental Technologies LLC bought a new stake in shares of Nielsen during the 1st quarter valued at $86,000. Hedge funds and other institutional investors own 95.50% of the company’s stock.

Several research analysts have weighed in on the company. ValuEngine lowered Nielsen from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. Zacks Investment Research lowered Nielsen from a “buy” rating to a “hold” rating in a research report on Wednesday, May 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $27.36.

About Nielsen

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.

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Earnings History for Nielsen (NYSE:NLSN)

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