Iqvia Holdings Inc (NYSE: IQV) has reported earnings for its third fiscal quarter (ending September 30) of $1.57 versus $1.66 for the same period a year ago — a decline of -5%. E.P.S. were $7.72 for the latest four quarters through September 30 versus $6.04 for the same period a year ago — an increase of 28%.
Recent Price Action
Iqvia Holdings Inc (NYSE: IQV) stock closed at $205.82 on 10/31/24 after a decline of -4.7%. Moreover, exceptionally high trading volume at 289% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -9.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, IQV is expected to continue to be a major Value Builder.
Iqvia Holdings has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Iqvia Holdings has a neutral Power Rating of 44 but a poor Appreciation Score of 19, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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