PAREXEL International VP Sells $282,965 in Stock (PRXL)
PAREXEL International (NASDAQ:PRXL) VP Anita Cooper sold 4,916 shares of PAREXEL International stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $57.56, for a total value of $282,964.96. Following the sale, the vice president now directly owns 16,486 shares of the company’s stock, valued at approximately $948,934. The transaction was disclosed in a filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. 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 currently has a consensus rating of “Buy” and an average price target of $56.63.
PAREXEL International (NASDAQ:PRXL) traded down 0.96% during mid-day trading on Thursday, hitting $56.93. 312,922 shares of the company’s stock traded hands. 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 $54.80 and a 200-day moving average of $52.29. The company has a market cap of $3.238 billion and a price-to-earnings ratio of 25.55.
PAREXEL International (NASDAQ:PRXL) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.65 EPS for the quarter, beating the Thomson Reuters 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 prior 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).
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