The closing price of IQVIA Holdings Inc (NYSE: IQV) was $238.53 for the day, down -1.83% from the previous closing price of $242.98. In other words, the price has decreased by -$4.45 from its previous closing price. On the day, 939792 shares were traded.
Ratios:
Our analysis of IQV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 2.33 whereas as Long-Term Debt/Eq ratio is at 2.19.
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, Leerink Partners on February 26, 2024, initiated with a Outperform rating and assigned the stock a target price of $290.
On February 13, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $285.BTIG Research initiated its Buy rating on February 13, 2024, with a $285 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 ’24 when BOUSBIB ARI sold 31,678 shares for $250.53 per share. The transaction valued at 7,936,193 led to the insider holds 796,752 shares of the business.
STAUB W RICHARD sold 14,100 shares of IQV for $3,494,034 on Feb 29 ’24. The insider now owns 15,945 shares after completing the transaction at $247.80 per share. On Feb 28 ’24, another insider, Knightly Kevin C, who serves as the insider of the company, sold 8,607 shares for $250.17 each. As a result, the insider received 2,153,176 and left with 5,251 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 43.42B and an Enterprise Value of 55.82B. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.67, and their Forward P/E ratio for the next fiscal year is 19.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 7.08. Its current Enterprise Value per Revenue stands at 3.73 whereas that against EBITDA is 17.14.
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 238.53, while the 200-Day Moving Average is calculated to be 218.80.
Shares Statistics:
IQV traded an average of 1.02M shares per day over the past three months and 860.92k shares per day over the past ten days. A total of 181.50M shares are outstanding, with a floating share count of 179.94M. Insiders hold about 1.14% of the company’s shares, while institutions hold 91.29% stake in the company. Shares short for IQV as of Mar 15, 2024 were 3.2M with a Short Ratio of 3.14, compared to 3.31M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.76% and a Short% of Float of 2.01%.
