$1.14 EPS Expected for Quintiles IMS Holdings Inc (Q)

October 13, 2017 - By Maria Brooks

 $1.14 EPS Expected for Quintiles IMS Holdings Inc (Q)
Investors sentiment increased to 0.93 in Q2 2017. Its up 0.11, from 0.82 in 2017Q1. It is positive, as 28 investors sold Quintiles IMS Holdings Inc shares while 146 reduced holdings. 61 funds opened positions while 101 raised stakes. 199.95 million shares or 0.74% less from 201.43 million shares in 2017Q1 were reported.
45,814 were reported by M&T Fincl Bank. Macquarie Grp Ltd holds 0.27% or 1.63M shares in its portfolio. Aviva Pcl invested in 0.04% or 86,208 shares. Balyasny Asset Limited stated it has 11,619 shares. Buffington Mohr Mcneal has 0.51% invested in Quintiles IMS Holdings Inc (NYSE:Q). Bain Cap Ltd Liability Corporation holds 15.05% or 8.73M shares in its portfolio. Sumitomo Mitsui Asset Mgmt Limited reported 0.11% stake. The Connecticut-based Essex Finance Service Inc has invested 0.05% in Quintiles IMS Holdings Inc (NYSE:Q). Northwestern Mutual Wealth owns 4,484 shares for 0% of their portfolio. Manufacturers Life The holds 8,761 shares. Pnc Ser Group Inc holds 0.01% of its portfolio in Quintiles IMS Holdings Inc (NYSE:Q) for 122,372 shares. Principal Fincl Grp Inc holds 48,235 shares or 0% of its portfolio. 11,696 were accumulated by Bremer Trust Natl Association. Royal Savings Bank Of Canada holds 0% or 59,335 shares. Envestnet Asset Management Inc has 17,083 shares.

Wall Street await Quintiles IMS Holdings Inc (NYSE:Q) to release earnings on November, 1. Analysts forecast earnings per share of $1.14, up exactly $0.14 or 14.00 % from 2014’s $1 EPS. The expected Q’s profit could reach $245.78 million giving the stock 21.85 P/E in the case that $1.14 earnings per share is reported. After posting $1.09 EPS for the previous quarter, Quintiles IMS Holdings Inc’s analysts now forecast 4.59 % EPS growth. About 1.58 million shares traded or 7.48% up from the average. Quintiles IMS Holdings Inc (NYSE:Q) has risen 27.93% since October 13, 2016 and is uptrending. It has outperformed by 11.23% the S&P500.

Quintiles IMS Holdings Inc (NYSE:Q) Ratings Coverage

Among 22 analysts covering Quintiles Transnational (NYSE:Q), 9 have Buy rating, 0 Sell and 13 Hold. Therefore 41% are positive. Quintiles Transnational had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, December 1 by William Blair. The firm has “Buy” rating given on Wednesday, October 5 by Goldman Sachs. The rating was maintained by UBS with “Buy” on Wednesday, October 5. As per Tuesday, June 6, the company rating was maintained by Jefferies. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, September 22. The stock has “Neutral” rating by Bank of America on Friday, December 2. The company was maintained on Monday, September 18 by Argus Research. The stock of Quintiles IMS Holdings Inc (NYSE:Q) has “Hold” rating given on Friday, September 4 by Zacks. The rating was downgraded by Raymond James to “Mkt Perform” on Thursday, December 1. The rating was downgraded by Piper Jaffray on Thursday, October 27 to “Neutral”.

Quintiles IMS Holdings, Inc., formerly Quintiles Transnational Holdings Inc., provides integrated information and technology-enabled healthcare services. The company has market cap of $21.48 billion. The Firm operates through divisions, including Commercial Solutions; Research & Development Solutions, and Integrated Engagement Services. It has a 137.44 P/E ratio. The Commercial Solutions segment offerings include national information offerings, sub-national information offerings, technology solutions, and workflow analytics and consulting services.

More important recent Quintiles IMS Holdings Inc (NYSE:Q) news were published by: Businesswire.com which released: “QuintilesIMS to Announce Third-Quarter 2017 Results on October 26, 2017” on October 12, 2017, also Investorplace.com published article titled: “Quintiles IMS Holdings’ (Q) Shares Have Buy Rating Remain in Place”, Nasdaq.com published: “Q Crosses Above Average Analyst Target” on October 13, 2017. More interesting news about Quintiles IMS Holdings Inc (NYSE:Q) was released by: Businesswire.com and their article: “QuintilesIMS to Host Financial Analyst and Investor Conference on November 8, 2017” with publication date: October 04, 2017.

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