Nasdaq Inc [NDAQ] stock is trading at $60.01, up 1.49%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NDAQ shares have gain 6.16% over the last week, with a monthly amount glided 5.45%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Morgan Stanley downgraded its rating to Equal-Weight on April 11, 2023, and dropped its price target to $60. On January 26, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $60 on the stock. Redburn started tracking the stock assigning a Neutral rating. Credit Suisse downgraded its rating to a Neutral and reduced its price target to $57 on November 02, 2022. BofA Securities downgraded its rating to Underperform for this stock on October 14, 2022, and downed its price target to $58. In a note dated October 12, 2022, Citigroup initiated an Neutral rating and provided a target price of $62 on this stock.
Nasdaq Inc [NDAQ] stock has fluctuated between $46.88 and $60.72 over the past year. Currently, Wall Street analysts expect the stock to reach $65.31 within the next 12 months. Nasdaq Inc [NASDAQ: NDAQ] shares were valued at $60.01 at the most recent close of the market. An investor can expect a potential return of 8.83% based on the average NDAQ price forecast.
Analyzing the NDAQ fundamentals
Nasdaq Inc [NASDAQ:NDAQ] reported sales of 6.07B for the trailing twelve months, which represents a growth of 4.17%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 59.04 points at the first support level, and at 58.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.76, and for the 2nd resistance point, it is at 61.52.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.69, the price to book ratio is 3.19 and price to earnings (TTM) ratio is 28.52.
Transactions by insiders
Recent insider trading involved Smith Bryan Everard, Executive Vice President, that happened on Mar 01 ’24 when 2064.0 shares were sold. Executive Vice President, DENNISON ANN M completed a deal on Nov 01 ’23 to sell 5150.0 shares. Meanwhile, Director Torgeby Johan bought 14000.0 shares on Oct 23 ’23.
