NYSE:IQV

IQVIA Stock Forecast, Price & News

$171.23

+2.24 (+1.33 %)

(As of 12/1/2020 12:00 AM ET)

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Today's Range

$170.31

Now: $171.23▼

$173.77

50-Day Range

$153.99

MA: $167.04▼

$173.93

52-Week Range

$81.79

Now: $171.23▼

$180.77

Volume1.29 million shs

Average Volume1.34 million shs

Market Capitalization$32.83 billion

P/E Ratio188.17

Dividend YieldN/A

Beta1.45

IQVIA Holdings Inc. provides advanced analytics, technology solutions, and contract 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; 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 services; and strategic planning and design services, as well as clinical trial, genomic, bioanalytical, ADME, discovery, 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. The company has a strategic alliance with ACCORD-2 to provide single research platform to speed development of new COVID-19 treatments. IQVIA Holdings Inc. serves pharmaceutical, biotechnology, device and diagnostic, and consumer health companies. The company was formerly known as Quintiles IMS Holdings, Inc. and changed its name to IQVIA Holdings Inc. in November 2017. IQVIA Holdings Inc. was founded in 1982 and is headquartered in Durham, North Carolina.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
IQVIA has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 15 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $173.35, IQVIA has a forecasted upside of 1.2% from its current price of $171.23.
Amount of Analyst Coverage
IQVIA has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
IQVIA has received 529 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
IQVIA has received 456 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
IQVIA has received 53.71% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about IQVIA and other stocks. Vote “Outperform” if you believe IQV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IQV will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
IQVIA does not currently pay a dividend.
Dividend Growth
IQVIA does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IQVIA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,982,795.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of IQVIA is held by insiders.
Percentage Held by Institutions
78.90% of the stock of IQVIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for IQVIA are expected to grow by 24.06% in the coming year, from $5.86 to $7.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IQVIA is 188.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 20.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of IQVIA is 188.17, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 29.36.
Price to Earnings Growth Ratio
IQVIA has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IQVIA has a P/B Ratio of 5.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial physical research

Sub-IndustryN/A

SectorBusiness Services

Current SymbolNYSE:IQV

Previous Symbol

CUSIPN/A

CIK1478242

Webwww.iqvia.com

Phone919-998-2000

Employees67,000

Debt

Debt-to-Equity Ratio2.00

Current Ratio1.12

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio188.17

Forward P/E Ratio29.22

P/E Growth2.63

Sales & Book Value

Annual Sales$11.09 billion

Price / Sales2.96

Cash Flow$12.48 per share

Price / Cash Flow13.72

Book Value$31.85 per share

Price / Book5.38

Profitability

EPS (Most Recent Fiscal Year)$5.94

Net Income$191 million

Net Margins1.61%

Return on Equity18.03%

Return on Assets4.64%

Miscellaneous

Outstanding Shares191,726,000

Market Cap$32.83 billion

Next Earnings Date2/10/2021 (Estimated)

OptionableOptionable

$171.23

+2.24 (+1.33 %)

(As of 12/1/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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IQVIA (NYSE:IQV) Frequently Asked Questions

How has IQVIA's stock price been impacted by Coronavirus (COVID-19)?

IQVIA's stock was trading at $125.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IQV shares have increased by 36.5% and is now trading at $171.23.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of IQVIA?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IQVIA in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for IQVIA or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than IQVIA?

Wall Street analysts have given IQVIA a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but IQVIA wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is IQVIA's next earnings date?

IQVIA is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for IQVIA.

How were IQVIA's earnings last quarter?

IQVIA Holdings Inc. (NYSE:IQV) announced its quarterly earnings data on Tuesday, October, 20th. The medical research company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.11. The medical research company had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.75 billion. IQVIA had a net margin of 1.61% and a return on equity of 18.03%. IQVIA's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.60 EPS.
View IQVIA's earnings history.

What guidance has IQVIA issued on next quarter's earnings?

IQVIA updated its FY21 earnings guidance on Tuesday, October, 20th. The company provided EPS guidance of $7.65-7.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.57. The company issued revenue guidance of $12.3-12.6 billion, compared to the consensus revenue estimate of $12.23 billion.

What price target have analysts set for IQV?

17 equities research analysts have issued 12 month target prices for IQVIA's stock. Their forecasts range from $110.00 to $224.00. On average, they anticipate IQVIA's share price to reach $173.35 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
View analysts' price targets for IQVIA.

Who are some of IQVIA's key competitors?

Some companies that are related to IQVIA include Incyte (INCY), Exact Sciences (EXAS), PPD (PPD), Charles River Laboratories International (CRL), ICON Public (ICLR), PRA Health Sciences (PRAH), Syneos Health (SYNH), Exelixis (EXEL), Medpace (MEDP), BTG (BTGGF), Precigen (PGEN), National Research (NRC), Starpharma (SPHRY), Anavex Life Sciences (AVXL) and Luna Innovations (LUNA).
View all competitors.

What other stocks do shareholders of IQVIA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IQVIA investors own include CA (CA), BlackRock (BLK), NVIDIA (NVDA), Micron Technology (MU), Endologix (ELGX), Chipotle Mexican Grill (CMG), Alibaba Group (BABA), PayPal (PYPL), salesforce.com (CRM) and Accenture (ACN).

Who are IQVIA's key executives?

IQVIA's management team includes the following people:

Mr. Ari Bousbib, Chairman, Pres & CEO (Age 59, Pay $8.93M)
Mr. Eric M. Sherbet, Exec. VP, Gen. Counsel & Sec. (Age 56, Pay $1.11M)
Mr. W. Richard Staub III, Pres of R&D Solutions (Age 57, Pay $1.38M)
Mr. Kevin C. Knightly, Pres of Technology & Commercial Solutions (Age 59, Pay $1.18M)
Mr. Ronald E. Bruehlman, Exec. VP & Interim CFO (Age 59)
Mr. Emmanuel N. Korakis, Sr. VP, Corp. Controller & Principal Accounting Officer (Age 46)
Dr. Jeffrey A. Spaeder, Sr. VP, Global Chief Medical & Scientific Officer
Mr. Alejandro Martinez, Chief Information Officer
Andrew Markwick, Sr. VP of Investor Relations & Treasury
Ms. Trudy Stein, Chief HR Officer & Exec. VP

What is IQVIA's stock symbol?

IQVIA trades on the New York Stock Exchange (NYSE) under the ticker symbol "IQV."

Who are IQVIA's major shareholders?

IQVIA's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.37%), State Street Corp (4.31%), Great West Life Assurance Co. Can (1.66%), Morgan Stanley (1.32%), Jackson Square Partners LLC (1.28%) and Winslow Capital Management LLC (1.15%). Company insiders that own IQVIA stock include Ari Bousbib, Canada Pension Plan Investment, Group Holdings (Sbs) Advis Tpg, John Connaughton, Kevin C Knightly, Michael J Evanisko, Michael R Mcdonnell, Ronald A Rittenmeyer, Ronald E Bruehlman and W Richard Staub.
View institutional ownership trends for IQVIA.

Which institutional investors are selling IQVIA stock?

IQV stock was sold by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Victory Capital Management Inc., State of Tennessee Treasury Department, Polar Capital LLP, Polar Capital LLP, AQR Capital Management LLC, Boston Partners, and Third Point LLC. Company insiders that have sold IQVIA company stock in the last year include Ari Bousbib, Group Holdings (Sbs) Advis Tpg, John Connaughton, Michael J Evanisko, Michael R Mcdonnell, and Ronald A Rittenmeyer.
View insider buying and selling activity for IQVIA.

Which institutional investors are buying IQVIA stock?

IQV stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Allianz Asset Management GmbH, Winslow Capital Management LLC, Hound Partners LLC, BlackRock Inc., Samlyn Capital LLC, UBS Asset Management Americas Inc., and TCW Group Inc..
View insider buying and selling activity for IQVIA.

How do I buy shares of IQVIA?

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

What is IQVIA's stock price today?

One share of IQV stock can currently be purchased for approximately $171.23.

How big of a company is IQVIA?

IQVIA has a market capitalization of $32.83 billion and generates $11.09 billion in revenue each year. The medical research company earns $191 million in net income (profit) each year or $5.94 on an earnings per share basis. IQVIA employs 67,000 workers across the globe.

What is IQVIA's official website?

The official website for IQVIA is www.iqvia.com.

How can I contact IQVIA?

IQVIA's mailing address is 4820 EMPEROR BOULEVARD, DURHAM NC, 27703. The medical research company can be reached via phone at 919-998-2000 or via email at [email protected]

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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