PPD Inc. [NASDAQ: PPD] plunged by -$1.19 during the normal trading session on Thursday and reaching a high of $25.89 during the day while it closed the day at $25.22. PPD Inc. stock has also loss -9.80% of its value over the past 7 days. However, PPD stock has inclined by 16.49% in the 3 months of the year.
The market cap for PPD stock reached $9.02 billion, with 318.22 million shares outstanding and 252.70 million shares in the current float. Compared to the average trading volume of 1.41M shares, PPD reached a trading volume of 1405147 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here’s what leading stock market gurus have to say about PPD Inc. [PPD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PPD shares is $31.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PPD stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for PPD Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 04, 2020. While these analysts kept the previous recommendation, Jefferies dropped their target price from $30.50 to $20. The new note on the price target was released on March 23, 2020, representing the official price target for PPD Inc. stock.
The Average True Range (ATR) for PPD Inc. is set at 1.44, with the Price to Sales ratio for PPD stock in the period of the last 12 months amounting to 2.18. Price to Free Cash Flow for PPD in the course of the last twelve months was 66.92 with Quick ratio for the last quarter at 1.10.
PPD stock trade performance evaluation
PPD Inc. [PPD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.80.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PPD stock in for the last two-week period is set at 41.48, with the RSI for the last a single of trading hit 32.98, and the three-weeks RSI is set at 47.24 for PPD Inc. [PPD]. The present Moving Average for the last 50 days of trading for this stock 24.53, while it was recorded at 26.39 for the last single week of trading.
PPD Inc. [PPD]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and PPD Inc. [PPD] shares currently have an operating margin of +12.75 and a Gross Margin at +43.67. PPD Inc.’s Net Margin is presently recorded at +8.68.
Return on Total Capital for PPD is now 9.72, given the latest momentum, and Return on Invested Capital for the company is 9.72. Return on Equity for this stock inclined to 9.72, with Return on Assets sitting at 6.35. When it comes to the capital structure of this company, PPD Inc. [PPD] has a Total Debt to Total Equity ratio set at 0.00. Additionally, PPD Total Debt to Total Capital is recorded at 0.00, with Total Debt to Total Assets ending up at 0.00. Long-Term Debt to Equity for the company is recorded at 0.00, with the Long-Term Debt to Total Capital now at 0.00.
Reflecting on the efficiency of the workforce at the company, PPD Inc. [PPD] managed to generate an average of $11,609 per employee. Receivables Turnover for the company is 3.29 with a Total Asset Turnover recorded at a value of 0.73.PPD Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for PPD Inc. [PPD] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PPD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PPD Inc. go to 16.20%.
PPD Inc. [PPD]: Insider Ownership positions
There are presently around $6,026 million, or 54.10% of PPD stock, in the hands of institutional investors. The top three institutional holders of PPD stocks are: H&F CORPORATE INVESTORS VII, LTD. with ownership of 91,971,651, which is approximately New of the company’s market cap and around 0.50% of the total institutional ownership; CARLYLE GROUP INC., holding 66,454,994 shares of the stock with an approximate value of $1.76 billion in PPD stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $287.39 million in PPD stock with ownership of nearly New of the company’s market capitalization.
Positions in PPD Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 109 institutional holders increased their position in PPD Inc. [NASDAQ:PPD] by around 228,171,736 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 228,171,736 shares, according to the latest SEC report filing. PPD stock had 109 new institutional investments in for a total of 228,171,736 shares, while 0 institutional investors sold positions of 0 shares during the same period.