Nielsen N.V. (NLSN) Expected to Post Quarterly Sales of $1.62 Billion

Wall Street brokerages expect Nielsen N.V. (NYSE:NLSN) to announce sales of $1.62 billion for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for Nielsen’s earnings. The highest sales estimate is $1.63 billion and the lowest is $1.58 billion. Nielsen posted sales of $1.53 billion in the same quarter last year, which suggests a positive year over year growth rate of 5.9%. The business is expected to announce its next quarterly earnings report on Tuesday, April 24th.

According to Zacks, analysts expect that Nielsen will report full year sales of $1.62 billion for the current fiscal year, with estimates ranging from $6.82 billion to $6.92 billion. For the next fiscal year, analysts anticipate that the firm will post sales of $7.12 billion per share, with estimates ranging from $6.99 billion to $7.20 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Nielsen.

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Nielsen (NYSE:NLSN) last posted its quarterly earnings data on Thursday, February 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.04). The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.76 billion. Nielsen had a return on equity of 16.79% and a net margin of 6.53%. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share.

A number of research analysts have weighed in on NLSN shares. Macquarie downgraded Nielsen from an “outperform” rating to a “neutral” rating and set a $38.00 price target for the company. in a research note on Tuesday, January 2nd. Deutsche Bank set a $33.00 price target on Nielsen and gave the company a “hold” rating in a research note on Friday, February 9th. Zacks Investment Research upgraded Nielsen from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 10th. BMO Capital Markets decreased their price target on Nielsen from $40.00 to $38.00 and set a “market perform” rating for the company in a research note on Monday, February 12th. Finally, Credit Suisse Group decreased their price target on Nielsen from $44.00 to $43.00 and set an “outperform” rating for the company in a research note on Friday, February 9th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $41.88.

In other news, CFO Jamere Jackson sold 19,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $32.97, for a total value of $626,430.00. Following the completion of the sale, the chief financial officer now directly owns 81,848 shares of the company’s stock, valued at $2,698,528.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.67% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in NLSN. Nationwide Fund Advisors lifted its position in shares of Nielsen by 12.5% in the third quarter. Nationwide Fund Advisors now owns 215,489 shares of the business services provider’s stock valued at $8,932,000 after buying an additional 23,991 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of Nielsen by 1.5% in the third quarter. New York State Common Retirement Fund now owns 807,600 shares of the business services provider’s stock valued at $33,475,000 after buying an additional 12,000 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Nielsen in the third quarter valued at approximately $390,000. Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Nielsen in the third quarter valued at approximately $274,000. Finally, Legal & General Group Plc lifted its position in shares of Nielsen by 4.9% in the third quarter. Legal & General Group Plc now owns 1,741,911 shares of the business services provider’s stock valued at $72,202,000 after buying an additional 80,968 shares during the last quarter. 98.07% of the stock is owned by institutional investors.

NLSN stock opened at $31.79 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.88. The company has a market capitalization of $11,337.71, a price-to-earnings ratio of 15.07, a P/E/G ratio of 1.58 and a beta of 0.99. Nielsen has a twelve month low of $31.47 and a twelve month high of $43.61.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Wednesday, March 7th were given a $0.34 dividend. The ex-dividend date of this dividend was Tuesday, March 6th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.28%. Nielsen’s payout ratio is 64.45%.

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Nielsen Company Profile

Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.

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