IQVIA Holdings Inc
IQV: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$784.00 | Mvqmrv | Qpmxjfxm |
Narrow-Moat IQVIA Posts Solid Q1 Results; Maintaining FVE of $276, Shares Remain Undervalued
IQVIA reported solid first-quarter results highlighted by revenue of $3.6 billion, representing a nearly 5% increase from the prior-year period. IQVIA’s technology and analytics and R&D solutions segments continue to report strong growth. We maintain our fair value estimate of $276 per share and view the stock as currently undervalued, trading in 4-star territory. We also maintain our narrow moat and stable moat trend ratings.