Report
Anna Baran
EUR 100.00 For Business Accounts Only

Raising FVE to $118 for Narrow-Moat IQVIA Due to Robust Near-Term Growth Outlook

Contract research organization IQVIA started the year well, with $2.7 billion in revenue slightly surpassing our expectations and representing 7.2% growth in constant currency (4.7% reported). Despite currency headwinds and the termination of a major trial, management maintained full-year guidance and affirmed that the operating environment for clinical development services remains strong. After adjusting our near-term revenue outlook for the technology and analytics segment, which performed ahe...
Underlying
IQVIA Holdings Inc

IQVIA Holdings is a provider of analytics, technology solutions and contract research services to the life sciences industry. The company's reportable segments are: Technology and Analytics Solutions, which provides information, technology solutions and real world solutions and services to life science clients; Research and Development Solutions, which primarily serves biopharmaceutical clients, is engaged in research and development and provides clinical research and clinical trial services; and Contract Sales and Medical Solutions, which provides contract sales to both biopharmaceutical clients and the healthcare market.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Anna Baran

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