IQVIA Holdings Inc. (IQV): Next Year EPS Value is Estimated at 7.55

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IQVIA Holdings Inc. (NYSE:IQV) changes shares on Wednesday trading session, with a change of 0.37% or $0.6 shares. The trading starts at $161.50 and closed at $160.15 throughout the day. The trading session low price was $159.67 and day high was $161.82 on Wednesday, August 05. After the session, the Healthcare sector daily volume shifted to 0.72 million while its average volume is 1.20M. In other hand, the IQV market cap reached to $30.72B. While, its current target price is $184.17.

On July 21, 2020, Biogen names IQVIA’s Michael McDonnell CFO. According to the news reported on Reuters, Biogen Inc on Tuesday named IQVIA Holding Inc’s Michael McDonnell as chief financial officer, effective Aug. 15.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.43% and up 13.25% for month. Its quarterly performance was 19.95% above, while its half year performance is up 0.62%. IQV yearly performance stood at positive 4.08% and rise 4.04% for year-to-date. Current recommendation for IQVIA Holdings Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. IQV EPS (TTM) for 12-month is 0.67. EPS for this year is -11.10%, while for the next year its value is 7.55. Sales growth for the current quarter is 23.06 while its EPS Q/Q reached 45.70%. It has an EPS of -18.80% down for past five years and for the next five years will be up 10.47%.

Let’s take a look on the analyst recommendations on IQV for the current month and previous month. For the current month, 18 of 23 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 1 as underweight and 3 as Hold. As compared with the previous month ratings, 22 analysts participate in stock recommendation. Out of 22, 0 rated it sell, 18 rated it as Buy and 2 as Hold Ratings.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in IQVIA Holdings Inc. (IQV) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 19.73 million shares which valued 2.13 billion. On Mar 30, 2020, Blackrock Inc. owned 13.79 million shares which valued at 1.49 billion. On Mar 30, 2020, State Street Corporation has a total of 7.94 million shares which valued at 856.65 million. In the end, State Street Corporation have 4.15% shares outstanding of IQVIA Holdings Inc. (IQV) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 93.00%.

The company posted an EPS (TTM) of 0.67. According to the most recent quarter report on (Sep 2020), 20 analysts estimated an average EPS of 1.52, while 1.6 EPS posted a year ago period. Analyst Estimated EPS for IQV published in the report was $1.23 – $1.65 during the same period. Comparing with last year, the average estimated EPS was 1.6 which is higher than 1.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for IQV rise 12.79% for period of 200 days. SMA for 50 days was 8.85% which is showing green signal, while SMA-20 was 3.99%. The moving average value for IQVIA Holdings Inc. (IQV) is 139.84 and 148.05 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in IQV stock. On Aug 04, Bruehlman Ronald E, See Remarks, bought 10,000 trading shares at the cost of $159.94, which valued at 1.6 million. On Jul 28, TPG Group Holdings (SBS) Advis, Former Director, sold 2,919,051 shares at the cost of $159.12, with total shares of 0. On Jul 22, BOUSBIB ARI, See Remarks, sold 46,080 shares at the cost of 160.00. After this transaction, BOUSBIB ARI total shares reached to 652,035 which valued at 7.37 million.