Shares of Express Scripts Holding Company (NASDAQ:ESRX) have earned an average rating of “Hold” from the twenty-five analysts that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $69.67.
ESRX has been the topic of several recent research reports. Jefferies Group set a $72.00 price target on shares of Express Scripts and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Mizuho set a $67.00 price target on shares of Express Scripts and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Royal Bank Of Canada initiated coverage on shares of Express Scripts in a research report on Tuesday, September 19th. They issued a “sector perform” rating and a $68.00 price target on the stock. UBS downgraded shares of Express Scripts from a “market perform” rating to an “underperform” rating in a research report on Monday, October 9th. Finally, BidaskClub downgraded shares of Express Scripts from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th.
In other Express Scripts news, CEO Timothy C. Wentworth acquired 8,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was acquired at an average cost of $61.13 per share, with a total value of $489,040.00. Following the purchase, the chief executive officer now directly owns 98,628 shares of the company’s stock, valued at approximately $6,029,129.64. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of Express Scripts stock in a transaction on Monday, September 11th. The stock was sold at an average price of $63.93, for a total transaction of $249,327.00. Following the completion of the transaction, the director now directly owns 11,500 shares of the company’s stock, valued at $735,195. The disclosure for this sale can be found here. Insiders have sold 5,121 shares of company stock valued at $325,920 over the last ninety days. 0.68% of the stock is currently owned by corporate insiders.
Express Scripts (NASDAQ:ESRX) traded up $2.32 on Friday, reaching $65.18. 7,745,500 shares of the company’s stock traded hands, compared to its average volume of 4,093,878. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 0.86. Express Scripts has a fifty-two week low of $55.80 and a fifty-two week high of $77.50. The company has a market capitalization of $36,920.00, a P/E ratio of 8.98, a PEG ratio of 0.91 and a beta of 0.88.
Express Scripts (NASDAQ:ESRX) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.90. Express Scripts had a net margin of 3.64% and a return on equity of 25.46%. The business had revenue of $24.68 billion for the quarter, compared to the consensus estimate of $25.68 billion. During the same period last year, the firm earned $1.74 earnings per share. The company’s quarterly revenue was down 2.9% on a year-over-year basis. research analysts expect that Express Scripts will post 7.01 earnings per share for the current year.
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About Express Scripts
Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans and government health programs. It operates in two segments: PBM and Emerging Markets (EM).
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