IQVIA Holdings Inc. (NYSE:IQV) went down by -1.64% from its latest closing price compared to the recent 1-year high of $254.05. The company’s stock price has collected -1.21% of loss in the last five trading sessions. Press Release reported on 07/13/21 that IQVIA to Announce Second-Quarter 2021 Results on July 27, 2021
Is It Worth Investing in IQVIA Holdings Inc. (NYSE :IQV) Right Now?
IQVIA Holdings Inc. (NYSE:IQV) scored a price-to-earnings ratio above its average ratio, recording 116.00 x from its present earnings ratio. Plus, the 36-month beta value for IQV is at 1.42. Opinions of the stock are interesting as 19 analysts out of 22 who provided ratings for IQVIA Holdings Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $266.94, which is $15.86 above the current price. IQV currently public float of 189.67M and currently shorts hold a 1.50% ratio of that float. Today, the average trading volume of IQV was 1.04M shares.
IQV’s Market Performance
IQV stocks went down by -1.21% for the week, with a monthly drop of -0.17% and a quarterly performance of 10.97%, while its annual performance rate touched 54.85%. The volatility ratio for the week stands at 2.11% while the volatility levels for the past 30 days are set at 1.70% for IQVIA Holdings Inc.. The simple moving average for the period of the last 20 days is -1.42% for IQV stocks with a simple moving average of 21.96% for the last 200 days.
Analysts’ Opinion of IQV
Many brokerage firms have already submitted their reports for IQV stocks, with Stephens repeating the rating for IQV by listing it as a “Overweight.” The predicted price for IQV in the upcoming period, according to Stephens is $250 based on the research report published on April 16th of the current year 2021.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see IQV reach a price target of $218. The rating they have provided for IQV stocks is “Overweight” according to the report published on March 08th, 2021.
Barclays gave a rating of “Overweight” to IQV, setting the target price at $220 in the report published on March 03rd of the current year.
IQV Trading at 0.79% from the 50-Day Moving Average
After a stumble in the market that brought IQV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.34% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.99% upper at present.
During the last 5 trading sessions, IQV fell by -1.21%, which changed the moving average for the period of 200-days by +54.96% in comparison to the 20-day moving average, which settled at $246.49. In addition, IQVIA Holdings Inc. saw 35.64% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at IQV starting from DANHAKL JOHN G, who purchase 63,451 shares at the price of $176.95 back on Dec 23. After this action, DANHAKL JOHN G now owns 137,410 shares of IQVIA Holdings Inc., valued at $11,227,654 using the latest closing price.
Rittenmeyer Ronald A, the Director of IQVIA Holdings Inc., sale 9,590 shares at $172.96 during a trade that took place back on Nov 24, which means that Rittenmeyer Ronald A is holding 11,894 shares at $1,658,686 based on the most recent closing price.
Stock Fundamentals for IQV
Current profitability levels for the company are sitting at:
- +6.89 for the present operating margin
- +22.64 for the gross margin
The net margin for IQVIA Holdings Inc. stands at +2.46. The total capital return value is set at 4.14, while invested capital returns managed to touch 1.52. Equity return is now at value 7.00, with 1.70 for asset returns.
Based on IQVIA Holdings Inc. (IQV), the company’s capital structure generated 217.63 points at debt to equity in total, while total debt to capital is 68.52. Total debt to assets is 53.17, with long-term debt to equity ratio resting at 212.55. Finally, the long-term debt to capital ratio is 66.92.
When we switch over and look at the enterprise to sales, we see a ratio of 4.08, with the company’s debt to enterprise value settled at 0.28. The receivables turnover for the company is 4.45 and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.