NASDAQ:PPD

PPD (PPD) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$47.28
$47.28
50-Day Range
$47.10
$47.41
52-Week Range
$31.54
$47.41
Volume
N/A
Average Volume
1.91 million shs
Market Capitalization
$16.61 billion
P/E Ratio
47.28
Dividend Yield
N/A
Price Target
N/A
PPD stock logo

About PPD Stock (NASDAQ:PPD)

PPD, Inc., together with its subsidiaries, provides drug development services to the biopharmaceutical industry worldwide. The company operates through two segments, Clinical Development Services and Laboratory Services. It offers clinical development services, including product development and consulting, early development, Phases II-IV clinical trial management, accelerated enrollment, peri-and post-approval, and medical communications services. The company also provides laboratory services comprising bioanalytical, biomarker, vaccine science, good manufacturing practice, and central laboratory services. It serves pharmaceutical, biotechnology, medical device, and government organizations, as well as other industry participants. The company has a collaboration with Science 37 to design, build, test, implement, and execute digital trials using Science 37's DCT SaaS-based technology platform. PPD, Inc. was founded in 1985 and is headquartered in Wilmington, North Carolina.

PPD Stock News Headlines

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The “Next Bitcoin”? 10 CENT Crypto Set to Explode
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See More Headlines
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Company Calendar

Last Earnings
10/27/2021
Today
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial Physical Research
Sub-Industry
N/A
Current Symbol
NASDAQ:PPD
Fax
N/A
Employees
26,000
Year Founded
N/A

Profitability

Net Income
$153.69 million
Pretax Margin
7.31%

Debt

Sales & Book Value

Annual Sales
$4.68 billion
Cash Flow
$1.99 per share
Book Value
($1.21) per share

Miscellaneous

Free Float
344,718,000
Market Cap
$16.61 billion
Optionable
Not Optionable
Beta
1.96
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Key Executives

Should I Buy PPD Stock? PPD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PPD, Inc.:

  • PPD, Inc. has a strong presence in the biopharmaceutical industry worldwide, offering a wide range of drug development services.
  • David Johnston, Ph.D., the executive vice president and global head of clinical development services at PPD, brings extensive experience and expertise to the company.
  • PPD's Accelerated Enrollment Solutions (AES) business provides data-driven patient recruitment for clinical trials, enhancing efficiency and speed in trial execution.
  • Recent collaborations and partnerships, such as the one with Science 37 for digital trials, demonstrate PPD's commitment to innovation and staying at the forefront of industry trends.
  • Considering the current stock price and market trends, PPD, Inc. shows potential for growth and value appreciation.

Cons

Investors should be bearish about investing in PPD, Inc. for these reasons:

  • Market volatility and regulatory challenges in the biopharmaceutical industry can impact PPD's operations and financial performance.
  • Dependency on external factors such as government regulations, clinical trial outcomes, and industry competition may pose risks to investment returns.
  • Fluctuations in global economic conditions and healthcare spending could affect the demand for PPD's services and solutions.
  • Uncertainties related to the success of new drug developments and clinical trials could influence the company's revenue streams and profitability.
  • Investors need to carefully assess the competitive landscape and potential threats to PPD's market position to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these PPD pros and cons to contact@marketbeat.com.

PPD Stock Analysis - Frequently Asked Questions

How were PPD's earnings last quarter?

PPD, Inc. (NASDAQ:PPD) posted its quarterly earnings results on Wednesday, October, 27th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.38 by $0.05. The business had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.41 billion. PPD had a net margin of 6.11% and a negative trailing twelve-month return on equity of 89.48%. PPD's revenue was up 26.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 EPS.

What other stocks do shareholders of PPD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PPD investors own include Cisco Systems (CSCO), Alibaba Group (BABA), Johnson & Johnson (JNJ), Salesforce (CRM), Pfizer (PFE), CVS Health (CVS), Intel (INTC), NVIDIA (NVDA), RTX (RTX) and Verizon Communications (VZ).

When did PPD IPO?

PPD (PPD) raised $1.5 billion in an initial public offering (IPO) on Thursday, February 6th 2020. The company issued 60,000,000 shares at $24.00-$27.00 per share. Barclays, J.P. Morgan, Morgan Stanley, Goldman Sachs, BofA Securities, Credit Suisse, Jefferies, UBS Investment Bank, Citigroup, Deutsche Bank Securities, Evercore ISI, HSBC, Mizuho Securities, Baird and William Blair acted as the underwriters for the IPO and BofA Securities, Credit Suisse, Jefferies, UBS Investment Bank, Citigroup, Deutsche Bank Securities, Evercore ISI, HSBC, Mizuho Securities, Baird, William Blair and Drexel Hamilton were co-managers.

This page (NASDAQ:PPD) was last updated on 5/1/2024 by MarketBeat.com Staff

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