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NYSE:IQV

IQVIA (IQV) Stock Price, News & Analysis

$239.67
+7.38 (+3.18%)
(As of 07/26/2024 ET)
Today's Range
$233.99
$239.95
50-Day Range
$206.65
$245.23
52-Week Range
$167.42
$261.73
Volume
1.19 million shs
Average Volume
1.09 million shs
Market Capitalization
$43.69 billion
P/E Ratio
32.74
Dividend Yield
N/A
Price Target
$263.56

IQVIA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
10.0% Upside
$263.56 Price Target
Short Interest
Healthy
1.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
0.74mentions of IQVIA in the last 14 days
Based on 46 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.64%
From $10.13 to $11.41 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Medical Sector

27th out of 936 stocks

Commercial Physical Research Industry

2nd out of 12 stocks

IQV stock logo

About IQVIA Stock (NYSE:IQV)

IQVIA Holdings Inc. engages in the provision of advanced analytics, technology solutions, and clinical research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions. The Technology & Analytics Solutions segment offers a range of cloud-based applications and related implementation services; real world solutions that enable life sciences and provider customers to generate and disseminate evidence, which informs health care decision making and improves patients' outcomes; and strategic and implementation consulting services, such as advanced analytics and commercial processes outsourcing services. This segment also provides country level performance metrics related to sales of pharmaceutical products, prescribing trends, medical treatment, and promotional activity across various channels, including retail, hospital, and mail order; and measurement of sales or prescribing activity at the regional, zip code, and individual prescriber level. The Research & Development Solutions segment offers project management and clinical monitoring; clinical trial support; strategic planning and design services; and patient and site centric solutions, as well as central laboratory, genomic, bioanalytical, ADME, discovery, and vaccine and biomarker laboratory services. The Contract Sales & Medical Solutions segment provides health care provider and patient engagement services, and scientific strategy and medical affairs services. It serves pharmaceutical, biotechnology, device and diagnostic, and consumer health companies. The company has a collaboration with argenx SE. The company was formerly known as Quintiles IMS Holdings, Inc. and changed its name to IQVIA Holdings Inc. in November 2017. The company is headquartered in Durham, North Carolina.

IQV Stock Price History

IQV Stock News Headlines

Jefferies Downgrades IQVIA Holdings (IQV)
IQVIA (NYSE:IQV) Price Target Raised to $300.00
625,000% Gain
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Barclays Boosts IQVIA (NYSE:IQV) Price Target to $275.00
Robert W. Baird Increases IQVIA (NYSE:IQV) Price Target to $251.00
UBS Group Boosts IQVIA (NYSE:IQV) Price Target to $300.00
Evercore ISI Increases IQVIA (NYSE:IQV) Price Target to $270.00
625,000% Gain
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Morgan Stanley Boosts IQVIA (NYSE:IQV) Price Target to $280.00
IQVIA (NYSE:IQV) Stock Rating Lowered by Jefferies Financial Group
IQVIA Target of Unusually High Options Trading (NYSE:IQV)
IQVIA (NYSE:IQV) Releases FY24 Earnings Guidance
See More Headlines
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Company Calendar

Last Earnings
7/22/2024
Today
7/26/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
Business Services
Fax
N/A
Employees
87,000
Year Founded
2016

Price Target and Rating

Average Stock Price Target
$263.56
High Stock Price Target
$300.00
Low Stock Price Target
$220.00
Potential Upside/Downside
+10.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
17 Analysts

Profitability

Net Income
$1.36 billion
Pretax Margin
9.88%

Debt

Sales & Book Value

Annual Sales
$14.98 billion
Cash Flow
$15.80 per share
Book Value
$36.83 per share

Miscellaneous

Free Float
179,285,000
Market Cap
$43.69 billion
Optionable
Optionable
Beta
1.49

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Should I Buy IQVIA Stock? IQV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in IQVIA Holdings Inc.:

  • IQVIA Holdings Inc. provides advanced analytics, technology solutions, and clinical research services to the life sciences industry globally, offering a diverse range of services that cater to a growing market demand.
  • Recent developments in the company's Technology & Analytics Solutions segment have shown promising growth potential, indicating a strong position in the market.
  • IQVIA Holdings Inc. has demonstrated consistent innovation and adaptation to industry trends, ensuring relevance and competitiveness in the market.
  • With a focus on cutting-edge technology solutions, IQVIA Holdings Inc. is well-positioned to capitalize on the increasing digital transformation within the healthcare sector.
  • Investors may find the current stock price of IQVIA Holdings Inc. attractive, offering a potential entry point for those looking to invest in a company with growth prospects.

Cons

Investors should be bearish about investing in IQVIA Holdings Inc. for these reasons:

  • While IQVIA Holdings Inc. has shown growth potential, there may be risks associated with market volatility and regulatory changes that could impact the company's performance.
  • Competition within the life sciences industry is intense, and IQVIA Holdings Inc. may face challenges in maintaining its market position against other established players.
  • Investing in IQVIA Holdings Inc. requires a thorough understanding of the healthcare and life sciences sector, as well as the ability to navigate complex regulatory environments that could affect the company's operations.
  • Fluctuations in global economic conditions and healthcare spending could impact the demand for IQVIA Holdings Inc.'s services, leading to potential revenue uncertainties.
  • While the current stock price may be attractive to some investors, it is essential to consider the overall market conditions and company performance before making 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 Sunday, July 7, 2024. Please send any questions or comments about these IQVIA pros and cons to contact@marketbeat.com.

IQV Stock Analysis - Frequently Asked Questions

How have IQV shares performed this year?

IQVIA's stock was trading at $231.38 at the beginning of the year. Since then, IQV stock has increased by 3.6% and is now trading at $239.67.
View the best growth stocks for 2024 here
.

How were IQVIA's earnings last quarter?

IQVIA Holdings Inc. (NYSE:IQV) issued its earnings results on Monday, July, 22nd. The medical research company reported $2.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.57 by $0.07. The business's revenue was up 2.3% compared to the same quarter last year.
Read the conference call transcript
.

What is Ari Bousbib's approval rating as IQVIA's CEO?

1,545 employees have rated IQVIA Chief Executive Officer Ari Bousbib on Glassdoor.com. Ari Bousbib has an approval rating of 84% among the company's employees.

Does IQVIA have any subsidiaries?

IQVIA subsidiaries include Q2 Solutions, Linguamatics, Advanced Health Media LLC, DrugDev, Aileron Solutions, Novella Clinical LLC, 159 Solutions LLC, and others.

Who are IQVIA's major shareholders?

IQVIA's top institutional investors include Bank of New York Mellon Corp (0.64%), Sumitomo Mitsui Trust Holdings Inc. (0.54%), Liontrust Investment Partners LLP (0.47%) and Raymond James & Associates (0.44%). Insiders that own company stock include Ari Bousbib, Eric Sherbet, Constantinos Panagos, Kevin C Knightly, John G Danhakl and John Connaughton.
View institutional ownership trends
.

How do I buy shares of IQVIA?

Shares of IQV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of IQVIA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IQVIA investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), NVIDIA (NVDA), Micron Technology (MU), Endologix (ELGX), Chipotle Mexican Grill (CMG) and Alibaba Group (BABA).

This page (NYSE:IQV) was last updated on 7/27/2024 by MarketBeat.com Staff

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