“Growth in the second half of 2016 should primarily be driven by higher utilization of the company’s cost savings programs along with generic launches”. The Hedge Fund company now holds 25,950 shares of ESRX which is valued at $1,971,681. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
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The performance week for Express Scripts Holding Company is at -1.59% while the performance month is at 0.49%. It has market cap of $48.00B. Express Scripts Holding Company makes up approx 0.40% of Patton Albertson Miller Group’s portfolio. Brokerages covering the stock are now expecting the firm to earn $1.74 per share based on the 13 covering brokerages weighted into that average. The brokerages have targeted EPS at $1.57 for the quarter. The Hedge Fund company now holds 11,554 shares of ESRX which is valued at $908,144. Finally, Sigma Planning Corp boosted its position in shares of Express Scripts Holding by 1.7% in the second quarter.
An institutional investor recently raised its position in Express Scripts Holding stock.
A number of Reuters analysts recently commented on the stock.
The return on assets for Express Scripts Holding Company stands at 5.20%, (ROA – calculated by dividing the total annual earnings by the company’s total assets – illustrates how profitable a company really is in relation to its total assets). If we look forward at the long term growth estimates for the company, research analysts are expecting current year earnings per share to be $6.65.
06/20/2016 – Express Scripts Holding Company was downgraded to “underweight” by analysts at Morgan Stanley.
06/15/2016 – Express Scripts Holding Company had its “outperform” rating reiterated by analysts at Cowen. Three equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and nine have issued a buy recommendation on the company. P/E is calculated by dividing the trailing 12 months’ earnings per share by the present share price.
The share price of the company (NASDAQ:ESRX) was down -0.12%, with a high of 76.37 during the day and the volume of Express Scripts Holding Company shares traded was 2616791.
In related news, VP Everett Neville sold 800 shares of the firm’s stock in a transaction on Tuesday, May 10th. Express Scripts Holding has a 52 week low of $65.55 and a 52 week high of $91.37. Placing these targets into a simplified 1-5 rating system produces a score of 2.29 for Express Scripts Holding Company, where 1 represents a Strong Buy rating and 5 would indicate a Strong Sell rating.
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Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings results on Monday, July 25th. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.44 EPS.
