Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Headquartered in Durham, NC., IQVIA Holdings Inc. provides advanced analytics, technology solutions and contract research services to the life sciences industry. The company was formed through the merger of IMS Health (RX) and Quintiles. The company is focused on helping healthcare clients to better serve patients by bringing in updated and innovative ideas in the process of clinical development and commercialization, speed innovation and accelerating improvements. IQVIA Holdings operates in more than 100 countries, with around 87,000 employees.
IQV boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of IQVIA Holdings are trading at a forward earnings multiple of 16.6X, as well as a PEG Ratio of 1.9, a Price/Cash Flow ratio of 12.5X, and a Price/Sales ratio of 2.3X.
A company's earnings performance is important for value investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for IQV, while the Zacks Consensus Estimate has increased $0.01 to $11.13 per share. IQV also holds an average earnings surprise of 1.7%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding IQV to their portfolios.
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IQVIA Holdings Inc. (IQV) : Free Stock Analysis Report
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