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IQVIA Holdings Inc (NYSE: IQV) closed the day trading at $237.30 up 0.89% from the previous closing price of $235.20. In other words, the price has increased by $0.89 from its previous closing price. On the day, 1.22 million shares were traded. IQV stock price reached its highest trading level at $237.735 during the session, while it also had its lowest trading level at $230.24.
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 25.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.83.
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, RBC Capital Mkts on September 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $275.
On July 24, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $266 to $242.
On June 06, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $270.Goldman initiated its Buy rating on June 06, 2024, with a $270 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 43259789312 and an Enterprise Value of 55174791168. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.78, and their Forward P/E ratio for the next fiscal year is 19.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 6.44. Its current Enterprise Value per Revenue stands at 3.641 whereas that against EBITDA is 19.854.
Stock Price History:
Over the past 52 weeks, IQV has reached a high of $261.73, while it has fallen to a 52-week low of $167.42. The 50-Day Moving Average of the stock is 0.86%, while the 200-Day Moving Average is calculated to be 3.03%.
Shares Statistics:
Over the past 3-months, IQV traded about 1.19M shares per day on average, while over the past 10 days, IQV traded about 1238920 shares per day. A total of 181.50M shares are outstanding, with a floating share count of 180.80M. Insiders hold about 0.82% of the company’s shares, while institutions hold 94.73% stake in the company. Shares short for IQV as of 1723680000 were 3292792 with a Short Ratio of 2.78, compared to 1721001600 on 2671547. Therefore, it implies a Short% of Shares Outstanding of 3292792 and a Short% of Float of 2.0599999.
Earnings Estimates
The current market rating for IQVIA Holdings Inc (IQV) reflects the collective analysis of 20.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $3.21, with high estimates of $3.4 and low estimates of $3.06.
Analysts are recommending an EPS of between $11.3 and $11.1 for the fiscal current year, implying an average EPS of $11.2. EPS for the following year is $12.47, with 23.0 analysts recommending between $13.01 and $12.1.
Revenue Estimates
18 analysts predict $3.86B in revenue for the current quarter. It ranges from a high estimate of $3.88B to a low estimate of $3.84B. As of the current estimate, IQVIA Holdings Inc’s year-ago sales were $nanFor the next quarter, 18 analysts are estimating revenue of $4.06B. There is a high estimate of $4.1B for the next quarter, whereas the lowest estimate is $4.02B.
A total of 23 analysts have provided revenue estimates for IQV’s current fiscal year. The highest revenue estimate was $15.53B, while the lowest revenue estimate was $15.43B, resulting in an average revenue estimate of $15.47B. In the same quarter a year ago, actual revenue was $14.98BBased on 23 analysts’ estimates, the company’s revenue will be $16.5B in the next fiscal year. The high estimate is $16.88B and the low estimate is $16.2B.
