Nielsen (NYSE:NLSN) updated its FY 2019 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.72. The company issued revenue guidance of $6.485-6.485 billion, compared to the consensus revenue estimate of $6.48 billion.
A number of research firms have recently weighed in on NLSN. ValuEngine downgraded shares of Zynerba Pharmaceuticals from a buy rating to a hold rating in a research note on Tuesday, May 28th. Zacks Investment Research downgraded shares of Horiba from a hold rating to a sell rating in a research note on Wednesday, May 22nd. One research 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’s stock. Nielsen presently has an average rating of Hold and an average target price of $27.36.
Shares of Nielsen stock opened at $22.90 on Wednesday. The stock’s fifty day simple moving average is $23.08. The stock has a market cap of $8.37 billion, a PE ratio of 13.24, a PEG ratio of 1.24 and a beta of 0.91. Nielsen has a 1-year low of $21.51 and a 1-year high of $28.50. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 2.76.
Nielsen (NYSE:NLSN) last issued its quarterly earnings results on Tuesday, April 30th. The business services provider reported $0.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.08. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Nielsen had a negative net margin of 11.46% and a positive return on equity of 15.52%. The company’s revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 EPS. On average, equities research analysts expect that Nielsen will post 1.58 EPS for the current fiscal year.
Nielsen Company Profile
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.
