IQVIA Holdings Inc (NYSE: IQV) on Tuesday, plunged -0.60% from the previous trading day, before settling in for the closing price of $201.79. Within the past 52 weeks, IQV’s price has moved between $187.62 and $261.73.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Healthcare Sector giant was 7.76%. The company achieved an average annual earnings per share of 8.97%. With a float of $180.00 million, this company’s outstanding shares have now reached $181.60 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Diagnostics & Research industry stocks is more important than anything else. 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) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.84 earnings per share (EPS) for the period topping the consensus outlook (set at 2.82) by 0.02. 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
IQVIA Holdings Inc (IQV) is currently performing well based on its current performance indicators. A quick ratio of 0.81 was reported for the most recent quarter. 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 18.56.
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)
Looking closely at IQVIA Holdings Inc (NYSE: IQV), its last 5-days average volume was 1.24 million, which is a jump from its year-to-date volume of 1.18 million. As of the previous 9 days, the stock’s Stochastic %D was 67.17%. Additionally, its Average True Range was 6.05.
During the past 100 days, IQVIA Holdings Inc’s (IQV) raw stochastic average was set at 19.86%, which indicates a significant decrease from 43.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.71% in the past 14 days, which was lower than the 33.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $217.88, while its 200-day Moving Average is $230.84. However, in the short run, IQVIA Holdings Inc’s stock first resistance to watch stands at $202.57. Second resistance stands at $204.55. The third major resistance level sits at $206.74. If the price goes on to break the first support level at $198.40, it is likely to go to the next support level at $196.21. Should the price break the second support level, the third support level stands at $194.23.
IQVIA Holdings Inc (NYSE: IQV) Key Stats
Market capitalization of the company is 36.41 billion based on 181,500K outstanding shares. Right now, sales total 14,984 M and income totals 1,358 M. The company made 3,896 M in profit during its latest quarter, and 285,000 K in sales during its previous quarter.
