Share on StockTwits

PAREXEL International (NASDAQ:PRXL) VP Anita Cooper unloaded 5,084 shares of PAREXEL International stock on the open market in a transaction dated Friday, August 15th. The shares were sold at an average price of $57.50, for a total value of $292,330.00. Following the completion of the transaction, the vice president now directly owns 16,486 shares of the company’s stock, valued at approximately $947,945. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

PRXL has been the subject of a number of recent research reports. 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 research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $56.63.

Shares of PAREXEL International (NASDAQ:PRXL) traded down 1.03% during mid-day trading on Wednesday, hitting $57.67. The stock had a trading volume of 106,914 shares. PAREXEL International has a 52-week low of $37.53 and a 52-week high of $58.47. The stock has a 50-day moving average of $54.68 and a 200-day moving average of $52.26. The company has a market cap of $3.280 billion and a price-to-earnings ratio of 25.90.

PAREXEL International (NASDAQ:PRXL) last issued its quarterly earnings data 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 quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts predict that PAREXEL International will post $2.69 earnings per share for the current fiscal year.

PAREXEL International Corporation (NASDAQ:PRXL), PAREXEL Consulting and Medical Communications Services (PCMS) and Perceptive Informatics, Inc (Perceptive).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.