Nasdaq (NDAQ) Getting Favorable Media Coverage, Study Shows

Media coverage about Nasdaq (NASDAQ:NDAQ) has trended positive on Sunday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing 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 closest to one being the most favorable. Nasdaq earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.0777645864453 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

Nasdaq (NASDAQ NDAQ) traded down $1.36 during trading on Friday, hitting $79.02. The company had a trading volume of 1,071,717 shares, compared to its average volume of 1,160,000. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.05 and a quick ratio of 1.15. Nasdaq has a 12 month low of $65.98 and a 12 month high of $83.29. The stock has a market capitalization of $13,140.00, a PE ratio of 20.74, a PEG ratio of 1.69 and a beta of 0.71.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.05 EPS for the quarter, beating the consensus estimate of $1.00 by $0.05. Nasdaq had a return on equity of 12.75% and a net margin of 18.49%. The company had revenue of $635.00 million for the quarter, compared to analysts’ expectations of $628.36 million. During the same period last year, the firm posted $0.95 earnings per share. Nasdaq’s revenue was up 6.0% compared to the same quarter last year. research analysts anticipate that Nasdaq will post 4.8 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be given a dividend of $0.38 per share. The ex-dividend date is Thursday, March 15th. This represents a $1.52 annualized dividend and a dividend yield of 1.92%. Nasdaq’s dividend payout ratio (DPR) is presently 39.90%.

Nasdaq declared that its Board of Directors has initiated a stock repurchase program on Monday, January 29th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

A number of research firms have recently commented on NDAQ. ValuEngine cut Nasdaq from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. BidaskClub cut Nasdaq from a “hold” rating to a “sell” rating in a research note on Wednesday, December 20th. Barclays cut their target price on Nasdaq from $85.00 to $84.00 and set an “overweight” rating on the stock in a research note on Thursday, October 26th. Zacks Investment Research raised Nasdaq from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a research report on Wednesday, January 10th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $83.00 price objective (up from $77.00) on shares of Nasdaq in a research report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $82.05.

In other Nasdaq news, insider Bradley J. Peterson sold 19,169 shares of the firm’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $80.70, for a total value of $1,546,938.30. Following the transaction, the insider now directly owns 32,214 shares of the company’s stock, valued at $2,599,669.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Pc Nelson Griggs sold 2,064 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $76.58, for a total value of $158,061.12. The disclosure for this sale can be found here. Insiders sold 31,701 shares of company stock worth $2,552,781 over the last three months. 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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