In last trading session, Nasdaq Inc (NASDAQ:NDAQ) saw 5.16 million shares changing hands with its beta currently measuring 0.94. Company’s recent per share price level of $61.63 trading at -$0.21 or -0.34% at ring of the bell on the day assigns it a market valuation of $35.45B. That closing price of NDAQ’s stock is at a discount of -2.3% from its 52-week high price of $63.05 and is indicating a premium of 23.93% from its 52-week low price of $46.88. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.01 million shares which gives us an average trading volume of 3.02 million if we extend that period to 3-months.
Nasdaq Inc (NASDAQ:NDAQ) trade information
Upright in the red during last session for losing -0.34%, in the last five days NDAQ remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $61.63 price level, adding 2.25% to its value on the day. Nasdaq Inc’s shares saw a change of 6.00% in year-to-date performance and have moved 3.27% in past 5-day. Nasdaq Inc (NASDAQ:NDAQ) showed a performance of 8.96% in past 30-days. Number of shares sold short was 5.17 million shares which calculate 2.06 days to cover the short interests.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Nasdaq Inc (NDAQ) estimates and forecasts
Statistics highlight that Nasdaq Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 26.19% of value to its shares in past 6 months, showing an annual growth rate of -2.84% while that of industry is 5.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -7.20% in the current quarter and calculating -5.60% decrease in the next quarter. This year revenue growth is estimated to rise 18.90% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.11 billion for the same. And 11 analysts are in estimates of company making revenue of $1.14 billion in the next quarter that will end on Jun 2024. Company posted $914 million and $925 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 21.80% while estimating it to be 22.80% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.00% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -2.12% while estimates for its earnings growth in next 5 years are of 7.04%.
NDAQ Dividends
Nasdaq Inc is more likely to be releasing its next quarterly report between April 17 and April 22 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Nasdaq Inc (NASDAQ:NDAQ)’s Major holders
Insiders are in possession of 16.12% of company’s total shares while institution are holding 77.64 percent of that, with stock having share float percentage of 92.56%. Investors also watch the number of corporate investors in a company very closely, which is 77.64% institutions for Nasdaq Inc that are currently holding shares of the company. Thoma Bravo, LP is the top institutional holder at NDAQ for having 71.66 million shares of worth $4.42 billion. And as of Dec 30, 2023, it was holding 12.45% of the company’s outstanding shares.
The second largest institutional holder is Investor AB, which was holding about 58.18 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 10.11% of outstanding shares, having a total worth of $3.59 billion.
On the other hand, MFS Series Trust I-MFS Value Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 29, 2023, the former fund manager was holding 14.97 million shares of worth $922.46 million or 2.60% of the total outstanding shares. The later fund manager was in possession of 12.71 million shares on Dec 30, 2023, making its stake of worth around $783.37 million in the company or a holder of 2.21% of company’s stock.
