Nasdaq Inc (NASDAQ: NDAQ)’s Stock Is Up 20.89%, A Prediction For What Could Come Next

During the recent session, Nasdaq Inc (NASDAQ:NDAQ)’s traded shares were 3.41 million, with the beta value of the company hitting 0.94. At the last check today, the stock’s price was $59.26, reflecting an intraday loss of -3.64% or -$2.24. The 52-week high for the NDAQ share is $64.25, that puts it down -8.42 from that peak though still a striking 20.89% gain since the share price plummeted to a 52-week low of $46.88. The company’s market capitalization is $34.12B, and the average trade volume was 3.30 million shares over the past three months.

Nasdaq Inc (NASDAQ:NDAQ) trade information

Nasdaq Inc (NDAQ) registered a -3.64% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.64% in intraday trading to $59.26, hitting a weekly high. The stock’s 5-day price performance is -1.34%, and it has moved by -4.77% in 30 days. Based on these gigs, the overall price performance for the year is 7.23%.

Nasdaq Inc (NDAQ) estimates and forecasts

Statistics show that Nasdaq Inc has underperformed its competitors in share price, compared to the industry in which it operates. Nasdaq Inc (NDAQ) shares have gone up 19.82% during the last six months, with a year-to-date growth rate less than the industry average at -2.48% against 5.40. In the rating firms’ projections, revenue will increase 19.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.11B as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 1.14B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 914M and 925M respectively. In this case, analysts expect current quarter sales to grow by 21.80% and then jump by 23.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.00%. While earnings are projected to return -1.27% in 2024, the next five years will return 7.95% per annum.

NDAQ Dividends

Nasdaq Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Nasdaq Inc is 0.88, with the dividend yield indicating at 1.48 percent, continuing the trend of increasing dividends in recent years.

Nasdaq Inc (NASDAQ:NDAQ)’s Major holders