Express Scripts Holding Company (NASDAQ:ESRX) has earned a consensus rating of “Hold” from the nineteen brokerages that are covering the company. Three analysts have rated the stock with a sell rating, eight have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $77.21.
ESRX has been the topic of a number of recent analyst reports. Credit Suisse Group AG reiterated a “buy” rating and set a $85.00 price target on shares of Express Scripts Holding Company in a research report on Thursday, February 16th. Wells Fargo & Co downgraded Express Scripts Holding Company from a “market perform” rating to an “underperform” rating in a research report on Wednesday, March 15th. Cowen and Company reiterated an “outperform” rating and set a $90.00 price target on shares of Express Scripts Holding Company in a research report on Tuesday, April 4th. Jefferies Group LLC set a $88.00 price target on Express Scripts Holding Company and gave the stock a “buy” rating in a research report on Saturday, March 18th. Finally, TheStreet downgraded Express Scripts Holding Company from a “b-” rating to a “c+” rating in a research report on Monday, February 6th.
In related news, SVP Everett Neville sold 2,352 shares of Express Scripts Holding Company stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $70.16, for a total transaction of $165,016.32. Following the transaction, the senior vice president now owns 11,287 shares in the company, valued at $791,895.92. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.
Large investors have recently bought and sold shares of the company. Dodge & Cox acquired a new stake in Express Scripts Holding Company during the fourth quarter valued at about $1,456,850,000. Norges Bank acquired a new stake in Express Scripts Holding Company during the fourth quarter valued at about $440,205,000. Toronto Dominion Bank boosted its stake in Express Scripts Holding Company by 24,343.7% in the third quarter. Toronto Dominion Bank now owns 3,279,364 shares of the company’s stock valued at $229,589,000 after buying an additional 3,265,948 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in Express Scripts Holding Company during the third quarter valued at about $207,602,000. Finally, Brave Warrior Advisors LLC acquired a new stake in Express Scripts Holding Company during the fourth quarter valued at about $129,966,000. 85.36% of the stock is owned by institutional investors.
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Express Scripts Holding Company (NASDAQ:ESRX) traded down 0.88% on Tuesday, hitting $66.46. The stock had a trading volume of 2,843,351 shares. The stock has a market cap of $40.26 billion, a P/E ratio of 12.33 and a beta of 0.92. Express Scripts Holding Company has a 12 month low of $63.22 and a 12 month high of $80.02. The company’s 50 day moving average is $66.23 and its 200-day moving average is $69.86.
Express Scripts Holding Company (NASDAQ:ESRX) last issued its quarterly earnings results on Tuesday, February 14th. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.01. The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $26.31 billion. Express Scripts Holding Company had a return on equity of 24.99% and a net margin of 2.70%. Express Scripts Holding Company’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.56 earnings per share. Analysts forecast that Express Scripts Holding Company will post $6.93 EPS for the current year.
About Express Scripts Holding Company
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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