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IQVIA Holdings Inc (NYSE: IQV) closed the day trading at $197.66 up 0.80% from the previous closing price of $196.10. In other words, the price has increased by $0.80 from its previous closing price. On the day, 1.21 million shares were traded. IQV stock price reached its highest trading level at $198.5599 during the session, while it also had its lowest trading level at $194.08.
Ratios:
For a better understanding of IQV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on December 20, 2024, initiated with a Overweight rating and assigned the stock a target price of $250.
On September 04, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $275.RBC Capital Mkts initiated its Outperform rating on September 04, 2024, with a $275 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 27 ’24 when Sherbet Eric sold 1,300 shares for $246.33 per share. The transaction valued at 320,229 led to the insider holds 19,536 shares of the business.
Sherbet Eric bought 1,300 shares of IQV for $320,229 on Aug 27 ’24. On Mar 01 ’24, another insider, BOUSBIB ARI, who serves as the insider of the company, sold 31,678 shares for $250.53 each. As a result, the insider received 7,936,193 and left with 796,752 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IQV now has a Market Capitalization of 35875291136 and an Enterprise Value of 48115290112. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.93, and their Forward P/E ratio for the next fiscal year is 16.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 5.15. Its current Enterprise Value per Revenue stands at 3.142 whereas that against EBITDA is 17.02.
Stock Price History:
The Beta on a monthly basis for IQV is 1.48, which has changed by -0.08955848 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, IQV has reached a high of $261.73, while it has fallen to a 52-week low of $187.62. The 50-Day Moving Average of the stock is -2.01%, while the 200-Day Moving Average is calculated to be -11.49%.
Shares Statistics:
Over the past 3-months, IQV traded about 1.61M shares per day on average, while over the past 10 days, IQV traded about 1248760 shares per day. A total of 181.60M shares are outstanding, with a floating share count of 180.00M. Insiders hold about 0.83% of the company’s shares, while institutions hold 93.15% stake in the company. Shares short for IQV as of 1735603200 were 3117727 with a Short Ratio of 1.94, compared to 1732838400 on 3106048. Therefore, it implies a Short% of Shares Outstanding of 3117727 and a Short% of Float of 1.96.
