Nielsen Holdings Gets a Hold from Cantor Fitzgerald

By Austin Angelo

Cantor Fitzgerald analyst Kip Paulson reiterated a Hold rating on Nielsen Holdings (NYSE: NLSN) today and set a price target of $48. The company’s shares closed yesterday at $41.13.

Paulson said:

“Largely in-line 1Q17 results expected. Our 1Q17 revenue/EBITDA/adj. EPS estimates are $1,564.9M (+5.4% Y/Y ex FX, or +3% ex Gracenote)/$423.0M (27.0% margin)/$0.49, largely in line with consensus estimates (FactSet) of $1,546.9M/$422.4M/$0.48, respectively.”

According to TipRanks.com, Paulson is a 3-star analyst with an average return of 12.3% and a 72.7% success rate. Paulson covers the Technology sector, focusing on stocks such as Alibaba Group, Facebook Inc, and Alphabet Inc.

Currently, the analyst consensus on Nielsen Holdings is Moderate Buy and the average price target is $44.67, representing an 8.6% upside.

In a report issued on April 17, BMO Capital also reiterated a Hold rating on the stock with a $45 price target.

Based on Nielsen Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.66 billion and quarterly net profit of $159 million. In comparison, last year the company earned revenue of $1.49 billion and had a net profit of $100 million.

Based on the recent corporate insider activity of 171 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NLSN in relation to earlier this year. Most recently, in February 2017, Jeffrey Charlton, the SVP & Corp. Contr. of NLSN sold 947 shares for a total of $42,865.

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Nielsen Holdings Plc provides global marketing data collection and analytics services. The company operates through two segments: Watch and Buy. The Watch segment provides services to media and advertising clients and audience measurement services through television, radio, online and mobile. The Buy segment provides consumer packaged goods to manufacturers and retailers. The company was founded on August 31, 2015 and is headquartered in New York, NY.