IQVIA Holdings Inc. (NYSE:IQV) has a beta value of 1.43 and has seen 0.51 million shares traded in the last trading session. The company, currently valued at $50.82B, closed the last trade at $263.22 per share which meant it lost -$2.01 on the day or -0.76% during that session. The IQV stock price is -0.81% off its 52-week high price of $265.34 and 44.53% above the 52-week low of $146.00. The 3-month trading volume is 873.73K shares.
The consensus among analysts is that IQVIA Holdings Inc. (IQV) is a Buy stock at the moment, with a recommendation rating of 1.70. 0 analysts rate the stock as a Sell, while 3 rate it as Overweight. 1 out of 21 have rated it as a Hold, with 16 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $2.12.
IQVIA Holdings Inc. (NYSE:IQV) trade information
Sporting -0.76% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the IQV stock price touched $263.22 or saw a rise of 0.8%. Year-to-date, IQVIA Holdings Inc. shares have moved 46.91%, while the 5-day performance has seen it change 1.41%. Over the past 30 days, the shares of IQVIA Holdings Inc. (NYSE:IQV) have changed 5.96%.
Wall Street analysts have a consensus price target for the stock at $278.61, which means that the shares’ value could jump 5.52% from current levels. The projected low price target is $235.00 while the price target rests at a high of $300.00. In that case, then, we find that the current price level is -13.97% off the targeted high while a plunge would see the stock lose 10.72% from current levels.
IQVIA Holdings Inc. (IQV) estimates and forecasts
Figures show that IQVIA Holdings Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 40.16% over the past 6 months, with this year growth rate of 37.69%, compared to 9.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 30.10% and 12.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be 20.30%.
15 analysts offering their estimates for the company have set an average revenue estimate of $3.35 billion for the current quarter. 14 have an estimated revenue figure of $3.47 billion for the next quarter concluding in Dec 2021.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -14.20% over the past 5 years. Earnings growth for 2021 is a modest 49.50% while over the next 5 years, the company’s earnings are expected to increase by 19.39%.
IQVIA Holdings Inc. is expected to release its next earnings report between October 18 and October 22 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
IQVIA Holdings Inc. (NYSE:IQV)’s Major holders
Insiders own 0.71% of the company shares, while shares held by institutions stand at 91.51% with a share float percentage of 92.17%. Investors are also buoyed by the number of investors in a company, with IQVIA Holdings Inc. having a total of 1,215 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 20.78 million shares worth more than $5.03 billion. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 10.84% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 15.58 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $3.78 billion and represent 8.13% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. As of Jun 29, 2021, the former fund manager holds about 2.83% shares in the company for having 5.41 million shares of worth $1.31 billion while later fund manager owns 4.27 million shares of worth $1.03 billion as of Jun 29, 2021, which makes it owner of about 2.23% of company’s outstanding stock.