Nasdaq Inc. (NASDAQ:NDAQ) shares fell to a low of $175.89 before closing at $178.78. Intraday shares traded counted 1.04 million, which was -39.43% lower than its 30-day average trading volume of 746.27K. NDAQ’s previous close was $175.80 while the outstanding shares total 164.71M. The firm has a beta of 0.85, a 12-month trailing P/E ratio of 29.04, and a growth ratio of 3.32. The stock’s Relative Strength Index (RSI) is 69.07, with weekly volatility at 1.81% and ATR at 2.91. The NDAQ stock’s 52-week price range has touched low of $114.66 and a $180.53 high. The stock traded higher over the last trading session, gaining 1.70% on 06/21/21.
Investors have identified the Financial Data & Stock Exchanges company Nasdaq Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $30.00 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Nasdaq Inc. (NDAQ) Fundamentals that are to be considered.
NDAQ were able to record 352.0 million as free cash flow during the 07/21/2021 quarter of the year, this saw their quarterly net cash flow reduce by -1.97 billion. In cash movements, the company had a total of 394.0 million as operating cash flow.
Potential earnings growth for Nasdaq Inc. (NDAQ)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/21/2021 quarter of the year, Nasdaq Inc. recorded a total of 1.65 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 18.1% coming in sequential stages and their sales for the 07/21/2021 quarter increasing by 11.5%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.29 billion trying to sell their products during the last quarter, with the result yielding a gross income of 365.0 million. This allows shareholders to hold on to 164.71M with the recently reported earning now reading 1.81 cents per share. This is a figure that compared to analyst’s prediction for their 07/21/2021 (1.96 cents a share).
Having a look at the company’s valuation, the company is expected to record 7.16 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NDAQ sounds very interesting.
Is the stock of NDAQ attractive?
In related news, Executive Vice President, Griggs PC Nelson sold 1,000 shares of the company’s stock in a transaction that recorded on Jun 03. The sale was performed at an average price of 167.89, for a total value of 167,890. As the sale deal closes, the Executive Vice President, Griggs PC Nelson now sold 2,000 shares of the company’s stock, valued at 330,980. Also, Executive Vice President, Peterson Bradley J sold 6,982 shares of the company’s stock in a deal that was recorded on May 24. The shares were price at an average price of 165.90 per share, with a total market value of 1,158,314. Following this completion of acquisition, the Director, SPLINTER MICHAEL R now holds 5,000 shares of the company’s stock, valued at 825,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
9 out of 19 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Nasdaq Inc.. 0 analysts has assigned a Sell rating on the NDAQ stock. The 12-month mean consensus price target for the company’s shares has been set at $178.13.