Mizuho Securities analyst Ann Hynes has maintained their bullish stance on IQV stock, giving a Buy rating today.
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Ann Hynes has given her Buy rating due to a combination of factors, including IQVIA Holdings’ impressive performance in the fourth quarter of 2024. The company reported an adjusted EPS of $3.12 and adjusted EBITDA of $996 million, both surpassing consensus estimates. A key driver behind this success is the Technology & Analytics Solutions (TAS) segment, which demonstrated significant growth of 8.3% year-over-year, exceeding the company’s long-term growth targets.
Furthermore, IQVIA showcased strong net bookings of $2.5 billion and a book-to-bill ratio of 1.20x, indicating robust demand. The company’s reaffirmation of its 2025 guidance, projecting revenue between $15.725 billion to $16.125 billion and adjusted EPS growth of 5-9%, underscores confidence in its future prospects. Additionally, solid free cash flow and improvements in adjusted EBITDA margins enhance the company’s financial stability. These factors collectively support Ann Hynes’s Buy rating for IQVIA Holdings.
In another report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $261.00 price target.