At the time of writing, Nasdaq Inc [NDAQ] stock is trading at $70.63, up 0.56%. An important factor to consider is whether the stock is rising or falling in short-term value. The NDAQ shares have gain 1.22% over the last week, with a monthly amount glided 12.59%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Nasdaq Inc [NASDAQ: NDAQ] stock has seen the most recent analyst activity on May 08, 2024, when Rosenblatt downgraded its rating to a Neutral and also revised its price target to $64 from $76. Previously, Barclays started tracking the stock with Overweight rating on April 11, 2024, and set its price target to $76. On April 09, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $80 on the stock. Edward Jones started tracking the stock assigning a Buy rating. Goldman upgraded its rating to a Buy but $73 remained the price target by the analyst firm on March 26, 2024. In a note dated April 11, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $70 to $60.
For the past year, the stock price of Nasdaq Inc fluctuated between $46.88 and $70.48. Currently, Wall Street analysts expect the stock to reach $69.9 within the next 12 months. Nasdaq Inc [NASDAQ: NDAQ] shares were valued at $70.63 at the most recent close of the market. An investor can expect a potential drop of -1.03% based on the average NDAQ price forecast.
Analyzing the NDAQ fundamentals
According to Nasdaq Inc [NASDAQ:NDAQ], the company’s sales were 6.57B for trailing twelve months, which represents an 25.05% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.9.
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 70.25 points at the first support level, and at 69.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.82, and for the 2nd resistance point, it is at 71.01.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.18, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 40.58.
Transactions by insiders
Recent insider trading involved Peterson Bradley J, Executive Vice President, that happened on Aug 09 ’24 when 40000.0 shares were sold. Officer, BRADLEY PETERSON completed a deal on Aug 09 ’24 to buy 40000.0 shares. Meanwhile, 10% Owner Argus Seller, LP sold 42.8 million shares on Jul 29 ’24.
