IQVIA Holdings Inc
IQV: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$482.00 | Sffpv | Wzlwlcd |
Narrow-Moat IQVIA Reports Solid Year-End Results; Maintaining FVE of $268, Shares Undervalued
Narrow-Moat IQVIA reported solid fourth-quarter results highlighted by revenue of over $3.7 billion and total 2022 revenue of $14.4 billion, growing nearly 4% versus the prior year. IQVIA’s technology and analytics, and research and development solutions businesses have continued to report healthy growth. We maintain our fair value estimate of $268 per share and it’s currently trading in 4-star territory about 15% below our fair value estimate.