How were PPD's earnings last quarter?

PPD, Inc. (NASDAQ:PPD) announced its quarterly earnings data on Wednesday, October, 27th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.05. The firm earned $1.56 billion during the quarter, compared to the consensus estimate of $1.41 billion. PPD had a net margin of 6.11% and a negative trailing twelve-month return on equity of 89.48%. The firm's revenue was up 26.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share.

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) .

PPD (PPD) raised $1.5 billion in an IPO on Thursday, February 6th 2020. The company issued 60,000,000 shares at a price of $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 served 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.

NASDAQ:PPD

PPD (PPD) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

Compare

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

Stock Analysis

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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.

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PPD Stock News Headlines

April 19, 2024 | msn.com

Police Video Shows Suspect In Philadelphia Babysitter's Shooting: Authorities

April 19, 2024 | msn.com

Section 9 girls golf scores, schedule for the 2024 season

April 19, 2024 | DTI (Ad)

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April 19, 2024 | msn.com

CSPD: Overnight shooting near Garden of the Gods Road

April 19, 2024 | msn.com

Six displaced after overnight house fire, no injuries

April 19, 2024 | msn.com

ShotSpotter program helps Pueblo police tackle violent crime

April 18, 2024 | msn.com

PPD: One man dead after shooting on Duke St.

April 17, 2024 | msn.com

Mang Sang Killing: PPD Releases Suspect Footage

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | msn.com

Police trying to identify suspect who fatally stabbed, ran over man in South Philadelphia

April 16, 2024 | msn.com

Pueblo police chase leads to drug bust, gun seizure

April 16, 2024 | msn.com

Violent sexual assault suspect at-large in Southern California, police say

April 16, 2024 | msn.com

Study suggests adolescent stress may raise risk of postpartum depression in adults

April 16, 2024 | msn.com

Germantown Babysitter Shot Answering Door: PPD

April 16, 2024 | msn.com

Woman Charged with Attempted Murder After Two Separate Stabbing Attacks Against a 1-Year-Old Boy and 24-Year-Old Woman

April 15, 2024 | msn.com

Missing Princeton, KY teen might be seen in Dawson Springs

April 15, 2024 | msn.com

19-year-old suspect sought in Pueblo homicide

April 15, 2024 | msn.com

Parma man missing since April 7: Police

April 13, 2024 | msn.com

Stolen car driven with headlights off in Pueblo leads to fatal crash

April 12, 2024 | msn.com

Upgrades, tournaments and course changes: 4 things you need to know about Peoria golf in 2024

April 11, 2024 | msn.com

What to Know About Postpartum Post-Traumatic Stress Disorder (P-PTSD)

April 11, 2024 | msn.com

Crews working to save whale spotted entangled in netting off Daly City

April 10, 2024 | msn.com

Gunmen Shot, Killed Pair Sitting In Parked Car: Philadelphia PD (VIDEO)

April 10, 2024 | msn.com

No arrests made in Sunday fatal shooting in Pueblo

April 10, 2024 | msn.com

Man shot in Portsmouth, rushed to hospital

April 10, 2024 | msn.com

PPD continue search for suspects in 2020 murder

April 9, 2024 | msn.com

Man arrested in connection to shooting homicide in Portsmouth last month

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Company Calendar

Last Earnings: 10/27/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Commercial Physical Research
Sub-Industry: N/A
Current Symbol: NASDAQ:PPD
CUSIP: N/A
CIK: 1793294
Web: www.ppdi.com
Phone: 910-251-0081
Fax: N/A
Employees: 26,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.00
Trailing P/E Ratio: 47.28
Forward P/E Ratio: 32.16
P/E Growth: 2.11
Net Income: $153.69 million
Net Margins: 6.11%
Pretax Margin: 7.31%
Return on Equity: -89.48%
Return on Assets: 7.94%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.23
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: $4.68 billion
Price / Sales: 3.55
Cash Flow: $1.99 per share
Price / Cash Flow: 23.71
Book Value: ($1.21) per share
Price / Book: -39.07

Miscellaneous

Outstanding Shares: 351,395,000
Free Float: 344,718,000
Market Cap: $16.61 billion
Optionable: Not Optionable
Beta: 1.96

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Key Executives

Mr. David S. Simmons (Age 56)
Chairman & CEO
Comp: $3.42M
Mr. Christopher G. Scully (Age 50)
Exec. VP, CFO, Treasurer & Assistant Sec.
Comp: $1M
Mr. William J. Sharbaugh (Age 58)
Chief Operating Officer
Comp: $1.12M
Mr. Anshul Thakral (Age 43)
Exec. VP, Chief Commercial Officer & Pres of Evidera
Comp: $1.13M
Dr. David Michael Johnston (Age 52)
Exec. VP of Global Clinical Devel.
Comp: $788.87k
Mr. Glen Donovan (Age 47)
Chief Accounting Officer
Mr. B. Judd Hartman (Age 57)
Exec. VP & Chief Admin. Officer
Ms. Tracy H. Krumme (Age 53)
VP & Head of Investor Relations
Ms. Julia James (Age 46)
Exec. VP, Gen. Counsel & Sec.
Mr. Ronald E. Garrow (Age 57)
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

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) announced its quarterly earnings data on Wednesday, October, 27th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.05. The firm earned $1.56 billion during the quarter, compared to the consensus estimate of $1.41 billion. PPD had a net margin of 6.11% and a negative trailing twelve-month return on equity of 89.48%. The firm's revenue was up 26.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share.
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 IPO on Thursday, February 6th 2020. The company issued 60,000,000 shares at a price of $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 served 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 4/19/2024 by MarketBeat.com Staff

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PPD (PPD) Stock Price, News & Analysis

About PPD Stock (NASDAQ:PPD)

PPD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy PPD Stock? PPD Pros and Cons Explained

Pros

Cons

PPD Stock Analysis - Frequently Asked Questions

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