Press coverage about Nasdaq (NASDAQ:NDAQ) has trended positive this week, according to Alpha One. The research firm, a service of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nasdaq earned a news sentiment score of 0.33 on Alpha One’s scale. Alpha One also gave news stories about the financial services provider an impact score of 87 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Alpha One Sentiment Analysis’s scoring:
- Nasdaq Inc $NDAQ Stake Maintained by Aetna Inc. PA https://t.co/8EckATrL07 (4-traders.com)
- 2U, Inc. (US: TWOU) and GetSmarter to Ring the Nasdaq Stock Market Closing Bell (marketwatch.com)
- Nasdaq Inc $NDAQ Shares Sold by Louisiana State Employees Retirement System https://t.co/1h5ZWxFVFP (4-traders.com)
- Veritone, Inc. (Nasdaq: VERI) to Ring The Nasdaq Stock Market Opening Bell (finance.yahoo.com)
- The Friedreich’s Ataxia Research Alliance (FARA) to Ring The Nasdaq Stock Market Closing Bell (finance.yahoo.com)
Nasdaq (NASDAQ:NDAQ) traded up 1.05% during midday trading on Friday, hitting $67.44. The stock had a trading volume of 937,510 shares. Nasdaq has a 1-year low of $61.19 and a 1-year high of $72.52. The company has a 50-day moving average of $68.48 and a 200-day moving average of $68.30. The stock has a market cap of $11.14 billion, a price-to-earnings ratio of 78.60 and a beta of 0.89.
Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.05. The business had revenue of $583 million during the quarter, compared to the consensus estimate of $593.46 million. Nasdaq had a net margin of 2.94% and a return on equity of 10.99%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.91 earnings per share. Equities research analysts forecast that Nasdaq will post $4.11 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Friday, June 16th will be given a $0.38 dividend. This is a boost from Nasdaq’s previous quarterly dividend of $0.32. The ex-dividend date is Wednesday, June 14th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.25%. Nasdaq’s payout ratio is presently 206.45%.
A number of research analysts have recently commented on the company. Royal Bank of Canada reissued a “sector perform” rating and set a $71.00 price objective on shares of Nasdaq in a report on Thursday, March 30th. Deutsche Bank AG reissued a “buy” rating and set a $77.00 price objective (down previously from $79.00) on shares of Nasdaq in a report on Monday, May 15th. Evercore ISI restated an “in-line” rating and set a $74.00 target price on shares of Nasdaq in a research note on Friday, April 28th. Zacks Investment Research upgraded Nasdaq from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Finally, Jefferies Group LLC restated a “hold” rating and set a $68.00 target price on shares of Nasdaq in a research note on Monday, April 10th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $73.11.
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In other Nasdaq news, Director Lars Wedenborn sold 10,000 shares of the business’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $68.38, for a total value of $683,800.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.20% of the stock is currently owned by insiders.
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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