IQVIA Holdings Inc [IQV] stock is trading at $248.84, up 0.01%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IQV shares have gain 0.10% over the last week, with a monthly amount glided 6.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
IQVIA Holdings Inc [NYSE: IQV] stock has seen the most recent analyst activity on September 04, 2024, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $275. Previously, Jefferies downgraded its rating to Hold on July 24, 2024, and dropped its price target to $242. On June 06, 2024, Goldman initiated with a Buy rating and assigned a price target of $270 on the stock. Leerink Partners started tracking the stock assigning a Outperform rating and suggested a price target of $290 on February 26, 2024. Guggenheim downgraded its rating to a Neutral. BTIG Research started tracking with a Buy rating for this stock on February 13, 2024, and assigned it a price target of $285. In a note dated November 02, 2023, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $248 to $202.
IQVIA Holdings Inc [IQV] stock has fluctuated between $167.42 and $261.73 over the past year. Currently, Wall Street analysts expect the stock to reach $269.43 within the next 12 months. IQVIA Holdings Inc [NYSE: IQV] shares were valued at $248.84 at the most recent close of the market. An investor can expect a potential return of 8.27% based on the average IQV price forecast.
Analyzing the IQV fundamentals
IQVIA Holdings Inc [NYSE:IQV] reported sales of 15.16B for the trailing twelve months, which represents a growth of 2.53%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.23 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 246.68 points at the first support level, and at 244.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 250.73, and for the 2nd resistance point, it is at 252.62.
Ratios To Look Out For
For context, IQVIA Holdings Inc’s Current Ratio is 0.85. As well, the Quick Ratio is 0.85, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 2.99, the price to book ratio is 6.76 and price to earnings (TTM) ratio is 32.27.
Transactions by insiders
Recent insider trading involved Sherbet Eric,, that happened on Aug 27 ’24 when 1300.0 shares were sold. Officer, Sherbet Eric completed a deal on Aug 27 ’24 to buy 1300.0 shares. Meanwhile, BOUSBIB ARI sold 31678.0 shares on Mar 01 ’24.
