IQVIA Holdings Inc
IQV: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$223.00 | Vnymf | Vmrmbwxp |
Narrow-Moat IQVIA Reports Strong Q2 Results In Line With Expectations; Shares Undervalued; $276 FVE
IQVIA reported healthy second-quarter results highlighted by revenue of $3.5 billion, representing growth of 3% on a reported basis and over 7% growth at constant currency from the prior-year period. The results were in line with our expectations, and we maintain our fair value estimate of $276. We view the stock as undervalued and it's currently trading at 4 stars. We maintain our narrow moat and stable moat trend.