Wall Street analysts predict that Nielsen Holdings PLC (NYSE:NLSN) will report $1.62 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have made estimates for Nielsen’s earnings, with the highest sales estimate coming in at $1.63 billion and the lowest estimate coming in at $1.62 billion. Nielsen posted sales of $1.65 billion during the same quarter last year, which suggests a negative year over year growth rate of 1.8%. The firm is scheduled to announce its next quarterly earnings report on Thursday, July 25th.

According to Zacks, analysts expect that Nielsen will report full year sales of $6.49 billion for the current financial year, with estimates ranging from $6.48 billion to $6.51 billion. For the next year, analysts expect that the company will post sales of $6.62 billion, with estimates ranging from $6.58 billion to $6.68 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Nielsen.

Nielsen (NYSE:NLSN) last released its earnings results on Tuesday, April 30th. The business services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.08. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.57 billion. Nielsen had a positive return on equity of 15.52% and a negative net margin of 11.46%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.40 earnings per share.

A number of analysts have recently weighed in on NLSN shares. BMO Capital Markets upped their price target on shares of Nielsen from $24.00 to $26.00 and gave the stock a “market perform” rating in a report on Monday, March 4th. Credit Suisse Group set a $27.00 target price on shares of Nielsen and gave the stock a “hold” rating in a research note on Friday, March 1st. Zacks Investment Research downgraded shares of Nielsen from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th. SunTrust Banks set a $28.00 target price on shares of Nielsen and gave the stock a “buy” rating in a research note on Thursday, March 28th. Finally, ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research report on Tuesday, January 22nd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Nielsen presently has an average rating of “Buy” and an average target price of $27.58.

Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its stake in Nielsen by 75.2% in the first 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 last quarter. Bessemer Group Inc. boosted its position in shares of Nielsen by 231.7% during the fourth quarter. Bessemer Group Inc. now owns 1,184 shares of the business services provider’s stock worth $28,000 after purchasing an additional 827 shares in the last quarter. Enlightenment Research LLC bought a new position in shares of Nielsen during the fourth quarter worth $42,000. Quadrant Capital Group LLC raised its holdings in shares of Nielsen by 1,516.6% during the first quarter. Quadrant Capital Group LLC now owns 2,441 shares of the business services provider’s stock worth $55,000 after acquiring an additional 2,290 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of Nielsen by 1,822.4% during the first quarter. Assetmark Inc. now owns 3,172 shares of the business services provider’s stock worth $75,000 after acquiring an additional 3,007 shares during the period. 99.93% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Nielsen stock opened at $24.16 on Wednesday. Nielsen has a fifty-two week low of $20.53 and a fifty-two week high of $32.06. The company has a market capitalization of $8.39 billion, a P/E ratio of 13.97, a P/E/G ratio of 1.24 and a beta of 0.91. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.07 and a quick ratio of 1.07.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Wednesday, June 5th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, June 4th. This represents a $1.40 dividend on an annualized basis and a yield of 5.79%. Nielsen’s payout ratio is presently 80.92%.

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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