Research Analysts Issue Forecasts for Express Scripts Holding Company’s Q1 2019 Earnings (ESRX)

Express Scripts Holding Company (NASDAQ:ESRX) – Analysts at SunTrust Banks issued their Q1 2019 earnings per share (EPS) estimates for shares of Express Scripts Holding in a research report issued to clients and investors on Thursday. SunTrust Banks analyst D. Macdonald anticipates that the company will post earnings of $1.59 per share for the quarter. SunTrust Banks also issued estimates for Express Scripts Holding’s Q2 2019 earnings at $2.01 EPS.

A number of other equities analysts have also issued reports on ESRX. Royal Bank Of Canada assumed coverage on shares of Express Scripts Holding in a research report on Tuesday. They issued a “sector perform” rating and a $68.00 target price for the company. Robert W. Baird reiterated a “hold” rating and issued a $56.00 target price on shares of Express Scripts Holding in a research report on Friday, September 1st. Morgan Stanley increased their target price on shares of Express Scripts Holding from $52.00 to $57.00 and gave the company an “underweight” rating in a research report on Thursday, August 10th. BidaskClub lowered shares of Express Scripts Holding from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Finally, ValuEngine lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Four analysts have rated the stock with a sell rating, fourteen 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 currently has a consensus rating of “Hold” and an average price target of $70.09.

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Express Scripts Holding (NASDAQ:ESRX) traded up 1.36% during mid-day trading on Monday, hitting $61.83. 997,545 shares of the stock traded hands. Express Scripts Holding has a 1-year low of $57.80 and a 1-year high of $77.50. The firm has a market cap of $35.71 billion, a price-to-earnings ratio of 10.73 and a beta of 0.88. The stock has a 50-day moving average of $61.81 and a 200 day moving average of $62.96.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.71 by $0.02. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The company had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. During the same period last year, the firm posted $1.57 EPS. Express Scripts Holding’s revenue for the quarter was up .5% on a year-over-year basis.

In other Express Scripts Holding news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $63.93, for a total transaction of $249,327.00. Following the completion of the sale, the director now directly owns 11,500 shares of the company’s stock, valued at $735,195. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Phyllis S. Anderson sold 578 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $63.13, for a total transaction of $36,489.14. Following the sale, the vice president now directly owns 10,530 shares of the company’s stock, valued at $664,758.90. The disclosure for this sale can be found here. Insiders have sold 5,641 shares of company stock valued at $357,317 over the last ninety days. Insiders own 0.68% of the company’s stock.

Hedge funds have recently bought and sold shares of the business. Park National Corp OH lifted its position in shares of Express Scripts Holding by 0.3% in the second quarter. Park National Corp OH now owns 3,575 shares of the company’s stock worth $228,000 after purchasing an additional 11 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Express Scripts Holding by 0.3% in the second quarter. Parkside Financial Bank & Trust now owns 8,634 shares of the company’s stock worth $551,000 after purchasing an additional 23 shares in the last quarter. Carroll Financial Associates Inc. lifted its position in shares of Express Scripts Holding by 1.0% in the second quarter. Carroll Financial Associates Inc. now owns 3,186 shares of the company’s stock worth $203,000 after purchasing an additional 30 shares in the last quarter. CAPROCK Group Inc. lifted its position in shares of Express Scripts Holding by 0.9% in the second quarter. CAPROCK Group Inc. now owns 3,675 shares of the company’s stock worth $235,000 after purchasing an additional 33 shares in the last quarter. Finally, Sandy Spring Bank lifted its position in shares of Express Scripts Holding by 0.6% in the second quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock worth $413,000 after purchasing an additional 37 shares in the last quarter. 88.69% of the stock is owned by institutional investors.

About Express Scripts Holding

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).

Earnings History and Estimates for Express Scripts Holding (NASDAQ:ESRX)

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