Brokerages Set Nielsen Holdings PLC (NYSE:NLSN) PT at $27.50

Shares of Nielsen Holdings PLC (NYSE:NLSN) have earned an average rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.50.

NLSN has been the topic of several recent analyst reports. Zacks Investment Research downgraded Nielsen from a “buy” rating to a “hold” rating in a research note on Wednesday, May 22nd. ValuEngine downgraded Nielsen from a “hold” rating to a “sell” rating in a research note on Tuesday, May 28th.

A number of large investors have recently added to or reduced their stakes in NLSN. Dimensional Fund Advisors LP boosted its holdings in Nielsen by 15.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,532,772 shares of the business services provider’s stock worth $82,421,000 after purchasing an additional 479,683 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Nielsen by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 4,579,948 shares of the business services provider’s stock worth $106,754,000 after purchasing an additional 162,003 shares during the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in Nielsen during the fourth quarter worth $222,000. Norges Bank acquired a new position in Nielsen during the fourth quarter worth $73,058,000. Finally, Washington Trust Bank boosted its holdings in Nielsen by 29.7% during the first quarter. Washington Trust Bank now owns 13,220 shares of the business services provider’s stock worth $313,000 after purchasing an additional 3,026 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors and hedge funds.

NLSN traded down $0.42 on Tuesday, hitting $21.70. 1,192,446 shares of the company’s stock traded hands, compared to its average volume of 3,151,753. The firm has a 50 day simple moving average of $22.92. The company has a market capitalization of $7.87 billion, a price-to-earnings ratio of 12.54, a price-to-earnings-growth ratio of 1.17 and a beta of 0.91. Nielsen has a one year low of $21.15 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 2.90.

Nielsen (NYSE:NLSN) last issued its earnings results on Wednesday, July 31st. The business services provider reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.12. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter last year, the company earned $0.20 EPS. Equities analysts predict that Nielsen will post 1.58 EPS for the current fiscal year.

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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Analyst Recommendations for Nielsen (NYSE:NLSN)

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