Quintiles Transitional Holdings Inc. (NYSE:Q) has received a consensus rating of “Buy” from the sixteen analysts that are currently covering the company. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $80.45.

A number of analysts have weighed in on Q shares. Argus reaffirmed a “buy” rating and set a $85.00 price objective (up from $75.00) on shares of Quintiles Transitional Holdings in a research report on Thursday, August 18th. Zacks Investment Research cut Quintiles Transitional Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, August 6th. Pacific Crest increased their target price on Quintiles Transitional Holdings from $75.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, July 28th. Deutsche Bank AG increased their target price on Quintiles Transitional Holdings from $71.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, July 28th. Finally, Citigroup Inc. increased their target price on Quintiles Transitional Holdings from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, July 28th.

Shares of Quintiles Transitional Holdings (NYSE:Q) traded down 0.18% on Wednesday, reaching $77.33. The company had a trading volume of 119,808 shares. The company’s 50-day moving average price is $76.83 and its 200 day moving average price is $70.10. The firm has a market capitalization of $9.16 billion, a P/E ratio of 23.25 and a beta of 0.59. Quintiles Transitional Holdings has a 52 week low of $55.01 and a 52 week high of $78.86.

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Quintiles Transitional Holdings (NYSE:Q) last announced its earnings results on Wednesday, July 27th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.03. The firm earned $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Quintiles Transitional Holdings had a negative return on equity of 189.34% and a net margin of 6.83%. The business’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 EPS. On average, analysts expect that Quintiles Transitional Holdings will post $3.81 EPS for the current year.

Large investors have recently made changes to their positions in the stock. Citizens Financial Group Inc RI boosted its stake in shares of Quintiles Transitional Holdings by 1.0% in the first quarter. Citizens Financial Group Inc RI now owns 1,978 shares of the company’s stock worth $129,000 after buying an additional 20 shares during the period. Montag & Caldwell LLC boosted its stake in shares of Quintiles Transitional Holdings by 0.5% in the second quarter. Montag & Caldwell LLC now owns 10,566 shares of the company’s stock worth $690,000 after buying an additional 50 shares during the period. Lebenthal Holdings LLC boosted its stake in shares of Quintiles Transitional Holdings by 0.3% in the second quarter. Lebenthal Holdings LLC now owns 33,135 shares of the company’s stock worth $2,164,000 after buying an additional 99 shares during the period. Globeflex Capital L P boosted its stake in shares of Quintiles Transitional Holdings by 0.9% in the second quarter. Globeflex Capital L P now owns 22,004 shares of the company’s stock worth $1,437,000 after buying an additional 193 shares during the period. Finally, Meiji Yasuda Life Insurance Co boosted its stake in shares of Quintiles Transitional Holdings by 5.3% in the second quarter. Meiji Yasuda Life Insurance Co now owns 3,990 shares of the company’s stock worth $261,000 after buying an additional 200 shares during the period. Hedge funds and other institutional investors own 92.78% of the company’s stock.

Quintiles Transitional Holdings Company Profile

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services. The Company is engaged in the development and commercialization of pharmaceutical therapies. The Company’s segments include Product Development and Integrated Healthcare Services.

5 Day Chart for NYSE:Q

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