Express Scripts Holding Company (NASDAQ:ESRX) - Analysts at William Blair boosted their Q4 2017 earnings per share (EPS) estimates for shares of Express Scripts Holding in a research note issued to investors on Monday. William Blair analyst J. Kreger now expects that the company will post earnings per share of $2.05 for the quarter, up from their prior forecast of $2.04. William Blair also issued estimates for Express Scripts Holding’s FY2019 earnings at $8.38 EPS.
Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Monday, April 24th. The company reported $1.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.01. Express Scripts Holding had a return on equity of 25.64% and a net margin of 3.42%. The company had revenue of $24.65 billion for the quarter, compared to analyst estimates of $24.95 billion. During the same period last year, the company earned $1.22 earnings per share. The business’s revenue was down .6% compared to the same quarter last year.
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A number of other equities research analysts have also recently issued reports on the stock. Robert W. Baird dropped their target price on shares of Express Scripts Holding from $73.00 to $53.00 and set a “neutral” rating on the stock in a report on Tuesday, April 25th. Morgan Stanley dropped their target price on shares of Express Scripts Holding from $71.00 to $52.00 and set an “underweight” rating on the stock in a report on Wednesday, April 26th. SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of Express Scripts Holding in a report on Tuesday, April 25th. Argus reaffirmed a “hold” rating on shares of Express Scripts Holding in a report on Wednesday, March 29th. Finally, Cowen and Company dropped their target price on shares of Express Scripts Holding from $90.00 to $83.00 and set an “outperform” rating on the stock in a report on Tuesday, April 25th. Four 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 given a strong buy rating to the company. Express Scripts Holding has a consensus rating of “Hold” and a consensus price target of $71.89.
Shares of Express Scripts Holding (NASDAQ ESRX) traded down 0.46% during midday trading on Wednesday, hitting $62.36. The stock had a trading volume of 1,043,928 shares. The company’s 50 day moving average price is $62.59 and its 200-day moving average price is $65.52. Express Scripts Holding has a 1-year low of $57.80 and a 1-year high of $79.50. The firm has a market capitalization of $37.01 billion, a PE ratio of 11.31 and a beta of 0.90.
In related news, VP Phyllis S. Anderson sold 1,100 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $60.08, for a total transaction of $66,088.00. Following the sale, the vice president now owns 11,108 shares in the company, valued at approximately $667,368.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.68% of the company’s stock.
Hedge funds have recently bought and sold shares of the company. Dubuque Bank & Trust Co. raised its stake in Express Scripts Holding by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock valued at $116,000 after buying an additional 608 shares in the last quarter. TrimTabs Asset Management LLC bought a new position in shares of Express Scripts Holding during the first quarter valued at approximately $121,000. Independent Advisor Alliance bought a new position in shares of Express Scripts Holding during the fourth quarter valued at approximately $124,000. Capital Analysts LLC increased its position in shares of Express Scripts Holding by 5.6% in the first quarter. Capital Analysts LLC now owns 1,877 shares of the company’s stock valued at $124,000 after buying an additional 100 shares during the last quarter. Finally, IHT Wealth Management LLC increased its position in shares of Express Scripts Holding by 8.1% in the first quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock valued at $128,000 after buying an additional 145 shares during the last quarter. Institutional investors and hedge funds own 88.47% of the company’s stock.
Express Scripts Holding 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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