IQVIA Holdings Inc (NYSE: IQV) is -22.14% lower on its value in year-to-date trading and has touched a low of $134.65 and a high of $252.88 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 $164.47 in the last trading session, with the day’s loss setting it -2.45%.
Currently trading at $162.02, the stock is 1.79% and 6.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -1.49% at the moment leaves the stock -13.26% off its SMA200. IQV registered -17.55% loss for a year compared to 6-month loss of -17.92%. The firm has a 50-day simple moving average (SMA 50) of $151.5546 and a 200-day simple moving average (SMA200) of $186.7893.
The stock witnessed a 6.37% gain in the last 1 month and extending the period to 3 months gives it a 5.89%, and is -0.36% 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 2.75% over the week and 2.82% over the month.
IQVIA Holdings Inc (IQV) has around 88000 employees, a market worth around $28.03B and $15.50B in sales. Current P/E ratio is 22.08 and Fwd P/E is 12.50. Profit margin for the company is 8.61%. Distance from 52-week low is 20.33% and -35.93% from its 52-week high. The company has generated returns on investments over the last 12 months (6.93%).
The EPS is expected to grow by 6.27% this year
1424.0 institutions hold shares in IQVIA Holdings Inc (IQV), with institutional investors hold 96.52% of the company’s shares. The shares outstanding are 174.10M, and float is at 171.50M with Short Float at 5.44%. Institutions hold 95.59% 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 11.1326 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 8.3617 of the shares outstanding. The other top investors are HARRIS ASSOCIATES L P which holds 10.67 million shares representing 5.8569 and valued at over $2.26 billion, while STATE STREET CORP holds 4.4062 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 purchase by DANHAKL JOHN G, the company’s Director. SEC filings show that DANHAKL JOHN G bought 1,275 shares of the company’s common stock on Dec 03 ’24 at a price of $200.58 per share for a total of $0.26 million. Following the purchase, the insider now owns 1275.0 shares.
IQVIA Holdings Inc disclosed in a document filed with the SEC on Aug 27 ’24 that Sherbet Eric sold a total of 1,300 shares of the company’s common stock. The trade occurred on Aug 27 ’24 and was made at $246.33 per share for $0.32 million. Following the transaction, the insider now directly holds 19536.0 shares of the IQV stock.
