Nasdaq (NDAQ) Receiving Somewhat Favorable News Coverage, Study Shows
News articles about Nasdaq (NASDAQ:NDAQ) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nasdaq earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.2403820562183 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Nasdaq, Inc. (NDAQ) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Nasdaq introduces board portal and team collaboration software (finextra.com)
- Nasdaq ISE halted trade following failed reopenings – MarketWatch (marketwatch.com)
- MARKET SNAPSHOT: Nasdaq ISE Halted Trade Following Failed Reopenings (foxbusiness.com)
- Electronics for Imaging, Inc. (Nasdaq: EFII) to Ring The Nasdaq Stock Market Closing Bell Remotely (nasdaq.com)
Several equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Nasdaq from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. Barclays PLC assumed coverage on shares of Nasdaq in a research report on Friday, September 8th. They set an “overweight” rating and a $85.00 price objective for the company. Royal Bank Of Canada set a $74.00 price objective on shares of Nasdaq and gave the stock a “hold” rating in a research report on Monday, July 17th. Jefferies Group LLC reaffirmed a “hold” rating and set a $71.00 price objective (up from $68.00) on shares of Nasdaq in a research report on Monday, July 17th. Finally, Keefe, Bruyette & Woods set a $76.00 price objective on shares of Nasdaq and gave the stock a “hold” rating in a research report on Thursday, August 17th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Nasdaq currently has an average rating of “Hold” and a consensus target price of $76.22.
Shares of Nasdaq (NDAQ) opened at 77.57 on Thursday. The company’s 50-day moving average is $75.79 and its 200 day moving average is $71.72. The firm has a market capitalization of $12.94 billion, a price-to-earnings ratio of 58.94 and a beta of 0.77. Nasdaq has a 52 week low of $63.30 and a 52 week high of $78.31.
Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.06. Nasdaq had a net margin of 5.76% and a return on equity of 12.19%. The firm had revenue of $602.00 million for the quarter, compared to the consensus estimate of $596.55 million. During the same period in the prior year, the firm posted $0.91 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. Analysts anticipate that Nasdaq will post $4.17 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.96%. Nasdaq’s dividend payout ratio (DPR) is 118.75%.
In other Nasdaq news, insider Edward S. Knight sold 14,629 shares of the stock in a transaction on Monday, August 14th. The shares were sold at an average price of $76.74, for a total transaction of $1,122,629.46. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bjorn Sibbern sold 3,000 shares of the stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $76.17, for a total transaction of $228,510.00. The disclosure for this sale can be found here. Insiders have sold a total of 36,844 shares of company stock worth $2,788,100 over the last quarter. 1.60% of the stock is currently owned by insiders.
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Nasdaq Company Profile
Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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