A new trading day began on Tuesday, with IQVIA Holdings Inc (NYSE: IQV) stock price down -1.37% from the previous day of trading, before settling in for the closing price of $204.02. IQV’s price has ranged from $187.62 to $261.73 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 7.76% over the past five years. Meanwhile, its annual earnings per share averaged 8.97%. With a float of $180.00 million, this company’s outstanding shares have now reached $181.50 million.
Let’s look at the performance matrix of the company that is accounted for 87000 employees. In terms of profitability, gross margin is 29.83%, operating margin of 14.2%, and the pretax margin is 9.75%.
IQVIA Holdings Inc (IQV) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of IQVIA Holdings Inc is 0.82%, while institutional ownership is 92.82%. The most recent insider transaction that took place on Aug 27 ’24, was worth 320,229. In this transaction an insider of this company sold 1,300 shares at a rate of $246.33, taking the stock ownership to the 19,536 shares. Before that another transaction happened on Aug 27 ’24, when Company’s Officer proposed sale 1,300 for $246.33, making the entire transaction worth $320,229.
IQVIA Holdings Inc (IQV) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.84 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.34% during the next five years compared to 42.42% growth over the previous five years of trading.
IQVIA Holdings Inc (NYSE: IQV) Trading Performance Indicators
Here are IQVIA Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.38. Likewise, its price to free cash flow for the trailing twelve months is 18.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.62, a number that is poised to hit 3.11 in the next quarter and is forecasted to reach 12.04 in one year’s time.
Technical Analysis of IQVIA Holdings Inc (IQV)
IQVIA Holdings Inc (NYSE: IQV) saw its 5-day average volume 2.0 million, a positive change from its year-to-date volume of 1.18 million. As of the previous 9 days, the stock’s Stochastic %D was 51.45%. Additionally, its Average True Range was 6.89.
During the past 100 days, IQVIA Holdings Inc’s (IQV) raw stochastic average was set at 20.86%, which indicates a significant decrease from 35.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.24% in the past 14 days, which was lower than the 33.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $221.19, while its 200-day Moving Average is $231.51. Nevertheless, the first resistance level for the watch stands at $202.87 in the near term. At $204.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $206.71. If the price goes on to break the first support level at $199.03, it is likely to go to the next support level at $196.84. Assuming the price breaks the second support level, the third support level stands at $195.19.
IQVIA Holdings Inc (NYSE: IQV) Key Stats
With a market capitalization of 36.52 billion, the company has a total of 181,500K Shares Outstanding. Currently, annual sales are 14,984 M while annual income is 1,358 M. The company’s previous quarter sales were 3,896 M while its latest quarter income was 285,000 K.
