Media stories about Nasdaq (NASDAQ:NDAQ) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nasdaq earned a news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.2018867769013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Harvey Capital Management Inc. Maintains Stake in NVIDIA Corporation (NASDAQ:NVDA) (currenthollywood.com)
- Nasdaq, Inc. $NDAQ Shares Bought by Rothschild Asset Management Inc. https://t.co/Kw05kQXP5f (4-traders.com)
- Latvenergo to Ring The Nasdaq Stock Market Opening Bell (finance.yahoo.com)
- Nasdaq Welcomes Zealand Pharma (Nasdaq:ZEAL) to The Nasdaq Stock Market (finance.yahoo.com)
- The Wildlife Conservation Society to Ring The Nasdaq Stock Market Closing Bell (finance.yahoo.com)
A number of equities analysts have issued reports on NDAQ shares. Royal Bank Of Canada set a $70.00 target price on Nasdaq and gave the stock a “hold” rating in a report on Friday, April 21st. Deutsche Bank AG cut their price objective on Nasdaq from $80.00 to $79.00 and set a “buy” rating on the stock in a report on Friday, April 28th. Evercore ISI reiterated an “in-line” rating and set a $74.00 price objective on shares of Nasdaq in a report on Friday, April 28th. UBS AG reiterated a “buy” rating and set a $81.00 price objective (down previously from $85.00) on shares of Nasdaq in a report on Friday, April 28th. Finally, BidaskClub upgraded Nasdaq from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $75.22.
Nasdaq (NASDAQ:NDAQ) traded down 0.55% on Friday, hitting $75.50. The company’s stock had a trading volume of 673,643 shares. The firm has a 50 day moving average of $72.81 and a 200-day moving average of $70.29. The stock has a market cap of $12.59 billion, a PE ratio of 57.37 and a beta of 0.76. Nasdaq has a 12 month low of $63.30 and a 12 month high of $76.79.
Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings results 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. The company had revenue of $602 million during the quarter, compared to the consensus estimate of $596.55 million. Nasdaq had a return on equity of 12.19% and a net margin of 5.76%. Nasdaq’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $0.91 earnings per share. On average, analysts expect that Nasdaq will post $4.18 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, September 14th. Nasdaq’s payout ratio is 118.75%.
In other Nasdaq news, insider Edward S. Knight sold 15,000 shares of the firm’s stock in a transaction 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 completion of the sale, the insider now directly owns 78,063 shares of the company’s stock, valued at $5,807,106.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company 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.
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