Iqvia (IQV) Set to Announce Quarterly Earnings on Wednesday

Iqvia (NYSE:IQV) will announce its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $1.34 per share for the quarter.

Shares of Iqvia (NYSE:IQV) opened at $98.06 on Wednesday. Iqvia has a 1-year low of $75.94 and a 1-year high of $110.67. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.29. The stock has a market cap of $20,400.00, a PE ratio of 338.14, a P/E/G ratio of 1.37 and a beta of 0.61.

A number of analysts recently issued reports on IQV shares. Mitsubishi UFJ Financial Group started coverage on shares of Iqvia in a report on Friday, December 15th. They set a “neutral” rating and a $112.00 price objective for the company. Morgan Stanley raised their price objective on shares of Iqvia from $96.00 to $121.00 and gave the stock an “overweight” rating in a report on Thursday, November 9th. KeyCorp restated a “sector weight” rating and set a $100.00 price objective on shares of Iqvia in a report on Friday, November 10th. Barclays raised their price objective on shares of Iqvia from $100.00 to $120.00 and gave the stock an “overweight” rating in a report on Friday, October 27th. Finally, Zacks Investment Research upgraded shares of Iqvia from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a report on Tuesday, October 31st. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $109.71.

In other news, Director John Connaughton sold 1,163,191 shares of Iqvia stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $102.00, for a total value of $118,645,482.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James H. Erlinger III sold 10,000 shares of Iqvia stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $101.21, for a total transaction of $1,012,100.00. The disclosure for this sale can be found here. Insiders sold 8,727,078 shares of company stock valued at $890,124,079 in the last quarter. Corporate insiders own 6.40% of the company’s stock.

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About Iqvia

IQVIA Holdings Inc, formerly Quintiles IMS Holdings, Inc, provides integrated information and technology-enabled healthcare services. The Company operates through segments, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

Earnings History for Iqvia (NYSE:IQV)

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