IQVIA Holdings Inc [IQV] stock is trading at $203.20, down -1.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IQV shares have gain 1.31% over the last week, with a monthly amount drifted -7.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, RBC Capital Mkts started tracking the stock with Outperform rating on September 04, 2024, and set its price target to $275. On July 24, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $242 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $270 on June 06, 2024. Leerink Partners initiated its recommendation with a Outperform and recommended $290 as its price target on February 26, 2024. Guggenheim downgraded its rating to Neutral for this stock on February 15, 2024. In a note dated February 13, 2024, BTIG Research initiated an Buy rating and provided a target price of $285 on this stock.
IQVIA Holdings Inc [IQV] stock has fluctuated between $187.62 and $261.73 over the past year. Currently, Wall Street analysts expect the stock to reach $252.8 within the next 12 months. IQVIA Holdings Inc [NYSE: IQV] shares were valued at $203.20 at the most recent close of the market. An investor can expect a potential return of 24.41% based on the average IQV price forecast.
Analyzing the IQV fundamentals
IQVIA Holdings Inc [NYSE:IQV] reported sales of 15.31B for the trailing twelve months, which represents a growth of 4.06%. 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 0.22 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.94.
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 200.60 points at the first support level, and at 198.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 207.91, and for the 2nd resistance point, it is at 212.62.
Ratios To Look Out For
For context, IQVIA Holdings Inc’s Current Ratio is 0.81. Further, the Quick Ratio stands at 0.81, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 5.30 and price to earnings (TTM) ratio is 26.65.
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.
