Stock to Watch: IQVIA Holdings Inc. (NYSE: IQV)

On Friday, Shares of IQVIA Holdings Inc. (NYSE: IQV) declined -1.16% to $133.67. The stock traded total volume of 1,246,366 shares lower than the average volume of 1.27M shares.

IQVIA Holdings Inc. (IQV) stated fourth-quarter net income of $69.0M. The Danbury, Connecticut-based company said it had profit of 34 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share. The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The clinical testing company posted revenue of $2.69B in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $2.62B.

For the year, the company stated profit of $259.0M, or $1.24 per share. Revenue was stated as $10.40M. It anticipates full-year earnings in the range of $6.20 to $6.40 per share, with revenue in the range of $10.90B to $11.130B.

IQV has the market capitalization of $26.16B and its EPS growth ratio for the past five years was -9.50%. The return on assets ratio of the Company was 5.40% while its return on investment ratio stands at 3.60%. Price to sales ratio was 2.48 while 91.00% of the stock was owned by institutional investors.

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