PPD Inc. (NASDAQ:PPD) saw a downside of -0.17% to close Tuesday at $46.82 after subtracting -$0.08 on the day. The 5-day average trading volume is 1,430,140 shares of the company’s common stock. It has gained $47.08 in the past week. An average of 1,625,730 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,252,028.
PPD’s 1-month performance is 0.36% or $0.13 on its low of $46.57 reached on 09/13/21. The company’s shares have touched a 52-week low of $31.54 and high of $47.08, with the stock’s rally to the 52-week high happening on 10/08/21. YTD, PPD has achieved 36.82% or $12.60. However, the current price is down -0.56%% from the 52-week high price.
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On Apr 14, 182 days have gone by since the last insider trading activity for PPD Inc. (PPD). SIMMONS DAVID S (Chief Executive Officer) most recently sold 100,000 shares at $42.00 per share on Apr 14. This transaction cost the insider $4,200,000. Chief Executive Officer, SIMMONS DAVID S, sold 22,935 shares at a price of $38.00 on Mar 17. Then, on Mar 17, See Remarks Johnston David Michael sold 21,598 shares at a price of $38.00 per share. This transaction amounted to $820,724.
The company’s PE ratio for the last five years has touched a high of 432.31 and a low of 63.54. PPD stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.95 while the price to cash flow ratio at 61.22.
PPD Inc.’s quick ratio for the period ended June 29 was 1.20, with the current ratio over the same period at 1.20 meaning that PPD stock is able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 37.10%. The trailing 12-month EBITDA margin is 17.25% while for the period ending June 29; PPD Inc.’s operating margin was 10.80%. The firm’s gross profit as reported stood at $1.8 billion against revenue of $4.68 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected PPD to announce $0.33 per share in earnings in its latest quarter, but it posted $0.39, representing a 18.20% surprise. EBITDA for the quarter stood at more than $240.72 million. PPD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 7.29 billion, with total debt at $4.48 billion. Shareholders hold equity totaling $351.31 million
Let’s look briefly at PPD Inc. (PPD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 49.37% to suggest the stock is trending Neutral, with historical volatility in this time period at 3.19%.
The stock’s 5-day moving average is $46.91, reflecting a -0.21% or -$0.10 change from its current price. PPD is currently trading +0.21% above its 20-day SMA, +1.50% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +1.04% and +34.35% respectively.
Stochastic %K and %D was 54.70% and 66.91% and the average true range (ATR) pointed at 0.17. The RSI (14) points at 54.34%, while the 14-day stochastic is at 25.44% with the period’s ATR at 0.18. The stock’s 9-day MACD Oscillator is pointing at 0.04 and 0.07 on the 14-day charts.
Analysts offering their rating for PPD stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate PPD as a “sell,”, while 10 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is PPD’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $47.50 and a high of $48.00, with their median price target at $47.50. Looking at these predictions, the average price target given by analysts is for PPD Inc. (PPD) stock is $47.63.