Analysts expect Express Scripts Holding Company (NASDAQ:ESRX) to announce $1.71 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Express Scripts Holding Company’s earnings. The highest EPS estimate is $1.73 and the lowest is $1.70. Express Scripts Holding Company posted earnings of $1.57 per share in the same quarter last year, which suggests a positive year over year growth rate of 8.9%. The firm is expected to issue its next earnings report on Monday, July 24th.
According to Zacks, analysts expect that Express Scripts Holding Company will report full-year earnings of $6.97 per share for the current year, with EPS estimates ranging from $6.90 to $7.01. For the next financial year, analysts expect that the company will report earnings of $7.68 per share, with EPS estimates ranging from $7.50 to $8.02. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Express Scripts Holding Company.
Express Scripts Holding Company (NASDAQ:ESRX) last released its earnings results on Monday, April 24th. The company reported $1.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.32 by $0.01. The firm had revenue of $24.65 billion for the quarter, compared to the consensus estimate of $24.95 billion. Express Scripts Holding Company had a net margin of 3.42% and a return on equity of 25.64%. The company’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.22 EPS.
A number of brokerages have recently weighed in on ESRX. Vetr upgraded Express Scripts Holding Company from a “hold” rating to a “buy” rating and set a $79.36 price target on the stock in a research note on Monday, February 27th. Leerink Swann upgraded Express Scripts Holding Company to a “positive” rating in a research note on Tuesday, March 7th. Cowen and Company dropped their price target on Express Scripts Holding Company from $90.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 25th. SunTrust Banks, Inc. restated a “buy” rating on shares of Express Scripts Holding Company in a research note on Tuesday, April 25th. Finally, Mizuho dropped their price target on Express Scripts Holding Company from $76.00 to $61.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 25th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $71.95.
Shares of Express Scripts Holding Company (NASDAQ ESRX) traded up 1.47% during mid-day trading on Thursday, reaching $64.91. 6,702,544 shares of the company traded hands. The firm has a 50 day moving average of $61.09 and a 200-day moving average of $66.58. The stock has a market capitalization of $38.53 billion, a PE ratio of 11.77 and a beta of 0.94. Express Scripts Holding Company has a 52 week low of $57.80 and a 52 week high of $80.02. Express Scripts Holding Company also was the target of unusually large options trading on Thursday. Stock investors acquired 24,356 call options on the company. This represents an increase of approximately 837% compared to the typical daily volume of 2,599 call options.
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In other Express Scripts Holding Company news, VP Phyllis S. Anderson sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $60.08, for a total value of $66,088.00. Following the completion of the transaction, the vice president now directly owns 11,108 shares of the company’s stock, valued at $667,368.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.68% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in ESRX. Dubuque Bank & Trust Co. increased its position in shares of Express Scripts Holding Company by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock worth $116,000 after buying an additional 608 shares during the last quarter. TrimTabs Asset Management LLC bought a new position in shares of Express Scripts Holding Company during the first quarter worth about $121,000. Capital Analysts LLC increased its position in shares of Express Scripts Holding Company by 15.2% in the fourth quarter. Capital Analysts LLC now owns 1,777 shares of the company’s stock worth $122,000 after buying an additional 235 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of Express Scripts Holding Company during the fourth quarter worth about $124,000. Finally, IHT Wealth Management LLC increased its position in shares of Express Scripts Holding Company by 8.1% in the first quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock worth $128,000 after buying an additional 145 shares during the last quarter. 89.30% of the stock is owned by institutional investors.
Express Scripts Holding Company Company Profile
Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans and government health programs. It operates in two segments: PBM and Emerging Markets (EM).
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