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After finishing at $231.76 in the prior trading day, IQVIA Holdings Inc (NYSE: IQV) closed at $227.40, down -1.88%. In other words, the price has decreased by -$1.88 from its previous closing price. On the day, 0.85 million shares were traded. IQV stock price reached its highest trading level at $230.65 during the session, while it also had its lowest trading level at $226.84.
Ratios:
Our goal is to gain a better understanding of IQV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.69. 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 42249785344 and an Enterprise Value of 53370019840. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.49, and their Forward P/E ratio for the next fiscal year is 18.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 6.17. Its current Enterprise Value per Revenue stands at 3.522 whereas that against EBITDA is 19.205.
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 -5.56%, while the 200-Day Moving Average is calculated to be -2.02%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 1101160 shares per day over the last 10 days, according to various share statistics. A total of 181.50M shares are outstanding, with a floating share count of 180.79M. Insiders hold about 0.83% of the company’s shares, while institutions hold 93.39% stake in the company. Shares short for IQV as of 1726185600 were 3208445 with a Short Ratio of 2.87, compared to 1723680000 on 3292792. Therefore, it implies a Short% of Shares Outstanding of 3208445 and a Short% of Float of 2.01.
