Nasdaq (NASDAQ:NDAQ) Earning Positive Press Coverage, Analysis Finds

Headlines about Nasdaq (NASDAQ:NDAQ) have trended positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nasdaq earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.0814436269429 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have impacted Accern’s scoring:

Several research analysts have recently commented on NDAQ shares. Deutsche Bank AG decreased their target price on Nasdaq from $80.00 to $79.00 and set a “buy” rating for the company in a research report on Friday, April 28th. Royal Bank Of Canada set a $70.00 target price on Nasdaq and gave the stock a “hold” rating in a research report on Friday, April 21st. Jefferies Group LLC reiterated a “hold” rating and issued a $71.00 target price (up previously from $68.00) on shares of Nasdaq in a research report on Monday, July 17th. BidaskClub upgraded Nasdaq from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, Zacks Investment Research lowered Nasdaq from a “hold” rating to a “sell” rating in a research report on Tuesday, June 27th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Nasdaq currently has a consensus rating of “Buy” and an average price target of $75.22.

Nasdaq (NDAQ) traded up 0.03% on Friday, reaching $75.11. The company had a trading volume of 771,507 shares. The stock has a market cap of $12.42 billion, a price-to-earnings ratio of 57.51 and a beta of 0.76. The company has a 50-day moving average of $71.74 and a 200 day moving average of $69.89. Nasdaq has a one year low of $63.30 and a one year high of $75.68.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.06. Nasdaq had a return on equity of 12.19% and a net margin of 5.76%. The company had revenue of $602 million for the quarter, compared to analyst estimates of $596.55 million. During the same period in the prior year, the company posted $0.91 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. On average, equities research analysts predict that Nasdaq will post $4.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.52 annualized dividend and a dividend yield of 2.02%. Nasdaq’s dividend payout ratio is currently 118.75%.

In other news, insider Edward S. Knight sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $74.39, for a total value of $1,115,850.00. Following the sale, the insider now directly owns 78,063 shares in the company, valued at approximately $5,807,106.57. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Nasdaq (NASDAQ:NDAQ)

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