PAREXEL International VP Anita Cooper Sells 6,800 Shares (PRXL)
PAREXEL International (NASDAQ:PRXL) VP Anita Cooper sold 6,800 shares of PAREXEL International stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $57.54, for a total value of $391,272.00. Following the sale, the vice president now directly owns 16,486 shares in the company, valued at approximately $948,604. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on PRXL. Analysts at Sterne Agee raised their price target on shares of PAREXEL International from $36.00 to $42.00 in a research note on Friday, August 8th. Separately, analysts at Robert W. Baird raised their price target on shares of PAREXEL International from $64.00 to $66.00 in a research note on Thursday, August 7th. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of PAREXEL International from $58.00 to $59.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $56.63.
Shares of PAREXEL International (NASDAQ:PRXL) traded down 0.36% during mid-day trading on Friday, hitting $57.46. 409,991 shares of the company’s stock traded hands. PAREXEL International has a 52-week low of $37.53 and a 52-week high of $57.81. The stock’s 50-day moving average is $54.25 and its 200-day moving average is $52.00. The company has a market cap of $3.268 billion and a price-to-earnings ratio of 25.63.
PAREXEL International (NASDAQ:PRXL) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.03. The company had revenue of $510.60 million for the quarter, compared to the consensus estimate of $508.99 million. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Analysts expect that PAREXEL International will post $2.69 EPS for the current fiscal year.
PAREXEL International Corporation (NASDAQ:PRXL), PAREXEL Consulting and Medical Communications Services (PCMS) and Perceptive Informatics, Inc (Perceptive).
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