Equities analysts expect Nasdaq Inc (NASDAQ:NDAQ) to report sales of $621.21 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Nasdaq’s earnings, with the highest sales estimate coming in at $622.84 million and the lowest estimate coming in at $620.00 million. Nasdaq reported sales of $635.00 million in the same quarter last year, which would indicate a negative year over year growth rate of 2.2%. The company is expected to report its next earnings results on Wednesday, January 30th.

On average, analysts expect that Nasdaq will report full year sales of $2.50 billion for the current fiscal year, with estimates ranging from $2.50 billion to $2.51 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.57 billion, with estimates ranging from $2.56 billion to $2.58 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that cover Nasdaq.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings results on Wednesday, October 24th. The financial services provider reported $1.15 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.01. The company had revenue of $600.00 million during the quarter, compared to the consensus estimate of $605.67 million. Nasdaq had a return on equity of 13.69% and a net margin of 17.95%. Nasdaq’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the business earned $1.01 EPS.

A number of brokerages have issued reports on NDAQ. Rosenblatt Securities began coverage on Nasdaq in a report on Wednesday, September 5th. They set a “neutral” rating and a $99.00 price target for the company. Zacks Investment Research downgraded Nasdaq from a “hold” rating to a “sell” rating in a report on Wednesday, September 12th. Citigroup lifted their price target on Nasdaq from $88.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, December 3rd. BidaskClub downgraded Nasdaq from a “hold” rating to a “sell” rating in a report on Saturday, September 22nd. Finally, Atlantic Securities started coverage on Nasdaq in a report on Wednesday, November 28th. They issued an “overweight” rating and a $105.00 target price for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Nasdaq currently has a consensus rating of “Hold” and an average price target of $96.79.

In other Nasdaq news, Director Lars Wedenborn sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 28th. The stock was sold at an average price of $89.94, for a total transaction of $224,850.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ann M. Dennison sold 1,553 shares of the company’s stock in a transaction that occurred on Monday, October 29th. The shares were sold at an average price of $83.67, for a total value of $129,939.51. The disclosure for this sale can be found here. 0.40% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. First Hawaiian Bank purchased a new stake in Nasdaq during the 3rd quarter valued at approximately $101,000. Federated Investors Inc. PA acquired a new position in Nasdaq during the 3rd quarter worth approximately $106,000. Legacy Advisors LLC acquired a new position in Nasdaq during the 3rd quarter worth approximately $116,000. Piedmont Investment Advisors LLC acquired a new position in Nasdaq during the 2nd quarter worth approximately $125,000. Finally, Ancora Advisors LLC acquired a new position in Nasdaq during the 3rd quarter worth approximately $130,000. 75.53% of the stock is owned by hedge funds and other institutional investors.

NASDAQ NDAQ traded down $0.48 during trading on Friday, reaching $86.54. 535,862 shares of the company’s stock were exchanged, compared to its average volume of 901,522. The company has a market capitalization of $14.27 billion, a price-to-earnings ratio of 21.32, a price-to-earnings-growth ratio of 1.91 and a beta of 0.50. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.94 and a quick ratio of 0.94. Nasdaq has a 1 year low of $72.98 and a 1 year high of $96.84.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Thursday, December 13th. Nasdaq’s payout ratio is currently 43.35%.

About Nasdaq

Nasdaq, Inc provides trading, clearing, marketplace technology, regulatory, securities listing, information, and public and private company services worldwide. The company's Market Services segment offers equity derivative trading and clearing; cash equity trading; fixed income and commodities trading and clearing; and trade management services.

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Earnings History and Estimates for Nasdaq (NASDAQ:NDAQ)

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