Wall Street brokerages predict that Nielsen Holdings PLC (NYSE:NLSN) will announce $1.65 billion in sales for the current quarter, Zacks reports. Seven analysts have made estimates for Nielsen’s earnings, with the lowest sales estimate coming in at $1.63 billion and the highest estimate coming in at $1.69 billion. Nielsen posted sales of $1.76 billion during the same quarter last year, which suggests a negative year over year growth rate of 6.3%. The business is expected to announce its next earnings results on Thursday, February 14th.

According to Zacks, analysts expect that Nielsen will report full-year sales of $6.50 billion for the current fiscal year, with estimates ranging from $6.49 billion to $6.51 billion. For the next fiscal year, analysts anticipate that the business will report sales of $6.45 billion, with estimates ranging from $6.37 billion to $6.56 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Nielsen.

Nielsen (NYSE:NLSN) last posted its quarterly earnings results on Thursday, October 25th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.58 billion. Nielsen had a return on equity of 14.56% and a net margin of 4.85%.

A number of brokerages recently commented on NLSN. Morgan Stanley set a $26.00 price objective on Nielsen and gave the stock a “buy” rating in a research note on Tuesday. Zacks Investment Research restated a “hold” rating on shares of Nielsen in a research note on Monday, December 31st. Credit Suisse Group began coverage on Nielsen in a research note on Friday, December 7th. They set a “neutral” rating and a $29.00 price objective for the company. SunTrust Banks lowered their price objective on Nielsen from $28.00 to $27.00 and set a “buy” rating for the company in a research note on Monday, October 29th. Finally, ValuEngine upgraded Nielsen from a “strong sell” rating to a “sell” rating in a research note on Monday, October 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $28.42.

In other news, SVP Jeffrey Charlton sold 6,337 shares of the stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $27.46, for a total value of $174,014.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.35% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in Nielsen by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 2,906,047 shares of the business services provider’s stock valued at $89,879,000 after buying an additional 49,796 shares in the last quarter. FMR LLC boosted its stake in Nielsen by 135.2% during the second quarter. FMR LLC now owns 21,740,698 shares of the business services provider’s stock valued at $672,439,000 after buying an additional 12,496,283 shares in the last quarter. ING Groep NV bought a new position in Nielsen during the second quarter valued at about $465,000. Northwestern Mutual Wealth Management Co. boosted its stake in Nielsen by 77.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after buying an additional 2,827 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Nielsen by 40.6% during the second quarter. Envestnet Asset Management Inc. now owns 47,247 shares of the business services provider’s stock valued at $1,459,000 after buying an additional 13,650 shares in the last quarter. 95.56% of the stock is owned by institutional investors.

Shares of NLSN stock traded up $0.07 on Friday, hitting $25.68. 3,968,600 shares of the stock traded hands, compared to its average volume of 3,022,950. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The firm has a market cap of $9.11 billion, a P/E ratio of 12.17, a P/E/G ratio of 1.06 and a beta of 0.93. Nielsen has a 1-year low of $20.53 and a 1-year high of $39.25.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.

Recommended Story: The risks of owning bonds

Get a free copy of the Zacks research report on Nielsen (NLSN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Nielsen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nielsen and related companies with MarketBeat.com's FREE daily email newsletter.