For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, IQVIA Holdings Inc (NYSE: IQV) closed at $198.07 down -2.63% from its previous closing price of $203.43. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 1.91 million shares were traded. IQV stock price reached its highest trading level at $202.34 during the session, while it also had its lowest trading level at $195.91.
Ratios:
For a deeper understanding of IQVIA Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.33. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 35949707264 and an Enterprise Value of 48189706240. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.98, and their Forward P/E ratio for the next fiscal year is 16.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 5.16. Its current Enterprise Value per Revenue stands at 3.147 whereas that against EBITDA is 17.046.
Stock Price History:
The Beta on a monthly basis for IQV is 1.48, which has changed by -0.03724563 over the last 52 weeks, in comparison to a change of 0.23095727 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 -0.86%, while the 200-Day Moving Average is calculated to be -10.70%.
Shares Statistics:
For the past three months, IQV has traded an average of 1.65M shares per day and 1468590 over the past ten days. 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 92.92% stake in the company. Shares short for IQV as of 1736899200 were 3037246 with a Short Ratio of 1.84, compared to 1734048000 on 2814174. Therefore, it implies a Short% of Shares Outstanding of 3037246 and a Short% of Float of 1.91.
