Quintiles Transitional Holdings Inc. (NYSE:Q) will post its Q416 quarterly earnings results on Tuesday, February 14th. Analysts expect Quintiles Transitional Holdings to post earnings of $1.06 per share and revenue of $1.97 billion for the quarter.
Shares of Quintiles Transitional Holdings Inc. (NYSE:Q) opened at 79.56 on Monday. Quintiles Transitional Holdings Inc. has a 12 month low of $60.23 and a 12 month high of $81.45. The firm has a 50-day moving average of $76.97 and a 200-day moving average of $76.97. The firm has a market cap of $19.59 billion, a price-to-earnings ratio of 24.46 and a beta of 0.68.
In related news, Director Jack M. Greenberg sold 2,000 shares of the stock in a transaction on Monday, November 21st. The shares were sold at an average price of $79.77, for a total transaction of $159,540.00. Following the transaction, the director now owns 2,930 shares of the company’s stock, valued at approximately $233,726.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.90% of the stock is currently owned by company insiders.
A number of analysts recently weighed in on Q shares. Jefferies Group LLC lowered shares of Quintiles Transitional Holdings from a “buy” rating to a “hold” rating and set a $79.00 target price on the stock. in a report on Wednesday, October 19th. They noted that the move was a valuation call. Piper Jaffray Companies lowered shares of Quintiles Transitional Holdings from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $75.00 to $72.00 in a report on Thursday, October 27th. Barclays PLC reaffirmed an “overweight” rating and set a $90.00 target price on shares of Quintiles Transitional Holdings in a report on Wednesday, November 30th. Citigroup Inc. lowered shares of Quintiles Transitional Holdings from a “strong-buy” rating to a “market perform” rating in a report on Thursday, December 1st. Finally, William Blair lowered shares of Quintiles Transitional Holdings from an “outperform” rating to a “market perform” rating in a report on Thursday, December 1st. Fifteen research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Quintiles Transitional Holdings currently has an average rating of “Hold” and a consensus target price of $81.88.
Quintiles Transitional Holdings Company Profile
Quintiles IMS Holdings Inc, formerly Quintiles Transnational Holdings Inc, is a provider of biopharmaceutical development services and commercial outsourcing services. It is engaged in the development and commercialization of pharmaceutical therapies. Its segments include Product Development and Integrated Healthcare Services.
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