IQVIA Holdings Inc (NYSE: IQV) is -16.73% lower on its value in year-to-date trading and has touched a low of $200.20 and a high of $261.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IQV stock was last observed hovering at around $202.94 in the last trading session, with the day’s loss setting it -10.26%.
Currently trading at $192.68, the stock is -10.34% and -15.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.58 million and changing -5.06% at the moment leaves the stock -16.99% off its SMA200. IQV registered -6.39% loss for a year compared to 6-month gain of -16.65%. The firm has a 50-day simple moving average (SMA 50) of $226.9556 and a 200-day simple moving average (SMA200) of $232.1212.
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The stock witnessed a -17.62% loss in the last 1 month and extending the period to 3 months gives it a -20.74%, and is -12.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.72% over the week and 3.49% over the month.
IQVIA Holdings Inc (IQV) has around 87000 employees, a market worth around $33.20B and $15.31B in sales. Current P/E ratio is 25.27 and Fwd P/E is 15.96. Profit margin for the company is 9.17%. Distance from 52-week low is -3.76% and -26.38% from its 52-week high. The company has generated returns on investments over the last 12 months (7.22%).
with sales reaching $3.94B over the same period.The EPS is expected to grow by 9.03% this year, but quarterly earnings will post 2.69% year-over-year. Quarterly sales are estimated to grow 1.74% in year-over-year returns.
IQVIA Holdings Inc (IQV) Top Institutional Holders
1499.0 institutions hold shares in IQVIA Holdings Inc (IQV), with institutional investors hold 95.22% of the company’s shares. The shares outstanding are 181.50M, and float is at 178.22M with Short Float at 1.47%. Institutions hold 94.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.28 million shares valued at $4.29 billion. The investor’s holdings represent 11.1509% of the IQV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.23 million shares valued at $3.22 billion to account for 8.3755 of the shares outstanding. The other top investors are HARRIS ASSOCIATES L P which holds 10.67 million shares representing 5.8666% and valued at over $2.26 billion, while STATE STREET CORP holds 4.4135 of the shares totaling 8.03 million with a market value of $1.7 billion.
IQVIA Holdings Inc (IQV) Insider Activity
The most recent transaction is an insider sale by Sherbet Eric. SEC filings show that Sherbet Eric sold 1,300 shares of the company’s common stock on Aug 27 ’24 at a price of $246.33 per share for a total of $0.32 million. Following the sale, the insider now owns 19536.0 shares.
Still, SEC filings show that on Mar 01 ’24, BOUSBIB ARI () disposed off 31,678 shares at an average price of $250.53 for $7.94 million. The insider now directly holds 796,752 shares of IQVIA Holdings Inc (IQV).