IQVIA Holdings Inc. (NYSE:IQV) has a beta of 1.45, a 12-month trailing P/E ratio of 114.40, and a growth ratio of 5.79. The stock’s Relative Strength Index (RSI) is 53.64, with weekly volatility at 1.94% and ATR at 4.54. The IQV stock’s 52-week price range has touched low of $133.18 and a $248.74 high. Its shares traded lower over the last trading session, losing -2.70% on 06/18/21. The shares fell to a low of $238.99 before closing at $239.66. Intraday shares traded counted 4.05 million, which was -308.1% lower than its 30-day average trading volume of 991.24K. IQV’s previous close was $246.30 while the outstanding shares total 191.30M.
Investors have identified the Diagnostics & Research company IQVIA Holdings Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $47.21 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
IQVIA Holdings Inc. (IQV) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For IQV, the company has in raw cash 2.31 billion on their books with 144.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 5.58 billion total, with 4.87 billion as their total liabilities.
IQV were able to record 718.0 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by 491.0 million. In cash movements, the company had a total of 867.0 million as operating cash flow.
Potential earnings growth for IQVIA Holdings Inc. (IQV)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, IQVIA Holdings Inc. recorded a total of 3.41 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 19.21% coming in sequential stages and their sales for the 07/28/2021 quarter increasing by 3.26%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.29 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.12 billion. This allows shareholders to hold on to 191.30M with the recently reported earning now reading 1.13 cents per share. This is a figure that compared to analyst’s prediction for their 07/28/2021 (2.05 cents a share).
Having a look at the company’s valuation, the company is expected to record 9.37 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on IQV sounds very interesting.
Is the stock of IQV attractive?
In related news, Director, DANHAKL JOHN G bought 63,451 shares of the company’s stock in a transaction that recorded on Dec 23. The purchase was performed at an average price of 176.95, for a total value of 11,227,654. As the purchase deal closes, the Director, Rittenmeyer Ronald A now sold 9,590 shares of the company’s stock, valued at 1,658,686. Also, Director, Rittenmeyer Ronald A sold 40,792 shares of the company’s stock in a deal that was recorded on Nov 16. The shares were cost at an average price of 174.35 per share, with a total market value of 7,112,085. Following this completion of disposal, the See Remarks, BOUSBIB ARI now holds 69,120 shares of the company’s stock, valued at 11,750,400. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
19 out of 21 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on IQVIA Holdings Inc.. 0 analysts has assigned a Sell rating on the IQV stock. The 12-month mean consensus price target for the company’s shares has been set at $258.89.