Express Scripts Holding Company (ESRX) Receives $69.34 Consensus PT from Brokerages

Express Scripts Holding Company (NASDAQ:ESRX) has been given an average recommendation of “Hold” by the twenty-six ratings firms that are presently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $68.95.

ESRX has been the topic of a number of recent research reports. BidaskClub cut Express Scripts Holding from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Needham & Company LLC initiated coverage on Express Scripts Holding in a report on Friday, July 21st. They set a “hold” rating on the stock. Morgan Stanley increased their price objective on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a report on Thursday, August 10th. Jefferies Group LLC set a $72.00 price objective on Express Scripts Holding and gave the stock a “buy” rating in a report on Tuesday, August 29th. Finally, Robert W. Baird reissued a “hold” rating and set a $56.00 price objective on shares of Express Scripts Holding in a report on Friday, September 1st.

In other news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $63.93, for a total transaction of $249,327.00. Following the transaction, the director now directly owns 11,500 shares in the company, valued at approximately $735,195. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Everett Neville sold 1,163 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $61.48, for a total value of $71,501.24. Following the transaction, the vice president now owns 18,232 shares in the company, valued at $1,120,903.36. The disclosure for this sale can be found here. Insiders have sold a total of 5,641 shares of company stock worth $357,317 over the last quarter. Corporate insiders own 0.68% of the company’s stock.

Several institutional investors have recently made changes to their positions in ESRX. Burt Wealth Advisors grew its position in Express Scripts Holding by 11.4% during the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock worth $108,000 after acquiring an additional 174 shares during the last quarter. CKW Financial Group grew its position in Express Scripts Holding by 20.0% during the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock worth $115,000 after acquiring an additional 300 shares during the last quarter. TrimTabs Asset Management LLC bought a new position in Express Scripts Holding during the 1st quarter worth approximately $121,000. IHT Wealth Management LLC grew its position in Express Scripts Holding by 8.1% during the 1st quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock worth $128,000 after acquiring an additional 145 shares during the last quarter. Finally, First Personal Financial Services grew its position in Express Scripts Holding by 199.1% during the 2nd quarter. First Personal Financial Services now owns 2,103 shares of the company’s stock worth $134,000 after acquiring an additional 1,400 shares during the last quarter. Hedge funds and other institutional investors own 88.69% of the company’s stock.

Express Scripts Holding (ESRX) traded up 0.70% during midday trading on Thursday, hitting $57.21. The stock had a trading volume of 3,405,612 shares. The company has a 50-day moving average price of $61.90 and a 200-day moving average price of $62.41. Express Scripts Holding has a 52 week low of $56.62 and a 52 week high of $77.50. The stock has a market cap of $33.04 billion, a P/E ratio of 9.93 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.02. The business had revenue of $25.35 billion for the quarter, compared to analysts’ expectations of $25.52 billion. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.57 EPS. Equities analysts expect that Express Scripts Holding will post $6.99 EPS for the current year.

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About Express Scripts Holding

Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans and government health programs. It operates in two segments: PBM and Emerging Markets (EM).

Analyst Recommendations for Express Scripts Holding (NASDAQ:ESRX)

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