The price-to-earnings ratio for IQVIA Holdings Inc (NYSE: IQV) is 27.93x, which is above its average ratio. Moreover, the 36-month beta value for IQV is 1.50. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for IQV is 180.80M and currently, short sellers hold a 1.71% of that float. On October 24, 2024, IQV’s average trading volume was 1.02M shares.
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IQV) stock’s latest price update
The stock of IQVIA Holdings Inc (NYSE: IQV) has decreased by -5.67 when compared to last closing price of 228.31. Despite this, the company has experienced a -7.92% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-24 that IQVIA (IQV) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
IQV’s Market Performance
IQVIA Holdings Inc (IQV) has experienced a -7.92% fall in stock performance for the past week, with a -7.06% drop in the past month, and a -10.14% drop in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 2.06% for IQV. The simple moving average for the last 20 days is -6.48% for IQV stock, with a simple moving average of -7.29% for the last 200 days.
Analysts’ Opinion of IQV
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see IQV reach a price target of $275. The rating they have provided for IQV stocks is “Outperform” according to the report published on September 04th, 2024.
Jefferies gave a rating of “Hold” to IQV, setting the target price at $242 in the report published on July 24th of the current year.
IQV Trading at -9.51% 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 -17.72% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -8.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.53% lower at present.
During the last 5 trading sessions, IQV fell by -7.62%, which changed the moving average for the period of 200-days by -2.57% in comparison to the 20-day moving average, which settled at $230.31. In addition, IQVIA Holdings Inc saw -6.92% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IQV starting from Sherbet Eric, who sale 1,300 shares at the price of $246.33 back on Aug 27 ’24. After this action, Sherbet Eric now owns 19,536 shares of IQVIA Holdings Inc, valued at $320,229 using the latest closing price.
Sherbet Eric, the Officer of IQVIA Holdings Inc, proposed sale 1,300 shares at $246.33 during a trade that took place back on Aug 27 ’24, which means that Sherbet Eric is holding shares at $320,229 based on the most recent closing price.
Stock Fundamentals for IQV
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.3 for the gross margin
The net margin for IQVIA Holdings Inc stands at 0.09. The total capital return value is set at 0.11. Equity return is now at value 22.84, with 5.43 for asset returns.
Based on IQVIA Holdings Inc (IQV), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.97. The interest coverage ratio of the stock is 3.0.
Currently, EBITDA for the company is 3.21 billion with net debt to EBITDA at 3.57. When we switch over and look at the enterprise to sales, we see a ratio of 3.34. The receivables turnover for the company is 4.61for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To wrap up, the performance of IQVIA Holdings Inc (IQV) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
