IQVIA Holdings Inc. (NYSE: IQV) kicked off on January 24, 2023, at the price of $225.00, down -1.30% from the previous trading day. During the day, the shares moved up to $229.17 and dropped to $224.87 before settling in for the closing price of $228.75. Over the past 52 weeks, IQV has traded in a range of $165.75-$256.62.
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A company in the Healthcare sector has jumped its sales by 15.30% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 246.20%. With a float of $184.29 million, this company’s outstanding shares have now reached $186.50 million.
In an organization with 85000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +24.37, operating margin of +10.22, and the pretax margin is +8.13.
IQVIA Holdings Inc. (IQV) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of IQVIA Holdings Inc. is 0.78%, while institutional ownership is 91.10%.
IQVIA Holdings Inc. (IQV) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/29/2022, the organization reported $2.48 earnings per share (EPS), higher than consensus estimate (set at $2.38) by $0.1. This company achieved a net margin of +6.96 while generating a return on equity of 16.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 246.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.65% during the next five years compared to 59.90% growth over the previous five years of trading.
IQVIA Holdings Inc. (NYSE: IQV) Trading Performance Indicators
Take a look at IQVIA Holdings Inc.’s (IQV) current performance indicators. Last quarter, stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 24.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.14, a number that is poised to hit 2.77 in the next quarter and is forecasted to reach 10.82 in one year’s time.
Technical Analysis of IQVIA Holdings Inc. (IQV)
Let’s dig in a bit further. During the last 5-days, its volume was 0.79 million. That was inferior than the volume of 0.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.56%. Additionally, its Average True Range was 5.66.
During the past 100 days, IQVIA Holdings Inc.’s (IQV) raw stochastic average was set at 94.49%, which indicates a significant increase from 87.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.05% in the past 14 days, which was lower than the 36.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $213.71, while its 200-day Moving Average is $212.79. However, in the short run, IQVIA Holdings Inc.’s stock first resistance to watch stands at $228.34. Second resistance stands at $230.91. The third major resistance level sits at $232.64. If the price goes on to break the first support level at $224.04, it is likely to go to the next support level at $222.31. The third support level lies at $219.74 if the price breaches the second support level.
IQVIA Holdings Inc. (NYSE: IQV) Key Stats
The company with the Market Capitalisation of 41.69 billion has total of 185,740K Shares Outstanding. Its annual sales at the moment are 13,874 M in contrast with the sum of 966,000 K annual income. Company’s last quarter sales were recorded 3,562 M and last quarter income was 283,000 K.