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The price of IQVIA Holdings Inc (NYSE: IQV) closed at $238.79 in the last session, down -2.63% from day before closing price of $245.23. 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 $243.005 during the session, while it also had its lowest trading level at $238.58.
Ratios:
We take a closer look at IQV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.81. 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, Goldman on June 06, 2024, initiated with a Buy rating and assigned the stock a target price of $270.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $290.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 44705546240 and an Enterprise Value of 55303417856. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.97, and their Forward P/E ratio for the next fiscal year is 19.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.87 while its Price-to-Book (P/B) ratio in mrq is 6.48. Its current Enterprise Value per Revenue stands at 3.649 whereas that against EBITDA is 19.9.
Stock Price History:
The Beta on a monthly basis for IQV is 1.50, which has changed by 0.029444695 over the last 52 weeks, in comparison to a change of 0.21656322 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 $167.42. The 50-Day Moving Average of the stock is 8.18%, while the 200-Day Moving Average is calculated to be 7.57%.
Shares Statistics:
According to the various share statistics, IQV traded on average about 1.22M shares per day over the past 3-months and 1315360 shares per day over the past 10 days. A total of 181.50M shares are outstanding, with a floating share count of 180.70M. Insiders hold about 0.82% of the company’s shares, while institutions hold 89.17% stake in the company. Shares short for IQV as of 1719532800 were 3076930 with a Short Ratio of 2.53, compared to 1717113600 on 3223314. Therefore, it implies a Short% of Shares Outstanding of 3076930 and a Short% of Float of 1.9299999.
