Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $227.04 in the prior trading day, IQVIA Holdings Inc (NYSE: IQV) closed at $229.14, up 0.92%. In other words, the price has increased by $0.92 from its previous closing price. On the day, 0.85 million shares were traded. IQV stock price reached its highest trading level at $230.28 during the session, while it also had its lowest trading level at $226.945.
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 26.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.71. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.05.
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:
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 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 41749307392 and an Enterprise Value of 54068310016. As of this moment, IQVIA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.25, and their Forward P/E ratio for the next fiscal year is 18.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 6.58. Its current Enterprise Value per Revenue stands at 3.588 whereas that against EBITDA is 19.555.
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 -5.92%, while the 200-Day Moving Average is calculated to be 3.92%.
Shares Statistics:
The stock has traded on average 950.41K shares per day over the past 3-months and 1025280 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 180.13M. Insiders hold about 1.14% of the company’s shares, while institutions hold 91.04% stake in the company. Shares short for IQV as of 1713139200 were 2854640 with a Short Ratio of 3.00, compared to 1710460800 on 3196270. Therefore, it implies a Short% of Shares Outstanding of 2854640 and a Short% of Float of 1.79.
