Express Scripts Holding Company (NASDAQ:ESRX) Expected to Post Q4 2017 Earnings of $2.06 Per Share

Express Scripts Holding Company (NASDAQ:ESRX) – Stock analysts at Jefferies Group raised their Q4 2017 EPS estimates for shares of Express Scripts Holding in a research note issued to investors on Tuesday, Zacks Investment Research reports. Jefferies Group analyst B. Tanquilut now anticipates that the company will earn $2.06 per share for the quarter, up from their prior estimate of $2.04. Jefferies Group currently has a “Buy” rating on the stock.

Other equities analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of Express Scripts Holding from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Monday, October 16th. ValuEngine upgraded shares of Express Scripts Holding from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Robert W. Baird reiterated a “hold” rating and set a $56.00 target price on shares of Express Scripts Holding in a research report on Friday, September 1st. Needham & Company LLC began coverage on shares of Express Scripts Holding in a research report on Friday, July 21st. They issued a “hold” rating for the company. Finally, Mizuho set a $67.00 price objective on shares of Express Scripts Holding and gave the company a “hold” rating in a research report on Tuesday, October 24th. Seven equities research analysts have rated the stock with a sell rating, ten have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $69.53.

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Shares of Express Scripts Holding (NASDAQ:ESRX) traded down $0.70 during trading hours on Friday, reaching $60.05. 3,608,400 shares of the company’s stock were exchanged, compared to its average volume of 4,115,587. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.73 and a quick ratio of 0.61. The company has a market capitalization of $34,407.16, a price-to-earnings ratio of 8.88, a PEG ratio of 0.90 and a beta of 0.88. Express Scripts Holding has a 12-month low of $55.80 and a 12-month high of $77.50.

Express Scripts Holding (NASDAQ:ESRX) last issued its earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.90. The firm had revenue of $24.68 billion during the quarter, compared to analyst estimates of $25.68 billion. Express Scripts Holding had a net margin of 3.64% and a return on equity of 25.46%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.74 earnings per share.

Several institutional investors have recently modified their holdings of the company. Park National Corp OH grew its holdings in shares of Express Scripts Holding by 0.3% in the second quarter. Park National Corp OH now owns 3,575 shares of the company’s stock worth $228,000 after purchasing an additional 11 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Express Scripts Holding by 0.3% in the second quarter. Parkside Financial Bank & Trust now owns 8,634 shares of the company’s stock worth $551,000 after purchasing an additional 23 shares during the last quarter. Carroll Financial Associates Inc. grew its holdings in shares of Express Scripts Holding by 1.0% in the second quarter. Carroll Financial Associates Inc. now owns 3,186 shares of the company’s stock worth $203,000 after purchasing an additional 30 shares during the last quarter. CAPROCK Group Inc. grew its holdings in shares of Express Scripts Holding by 0.9% in the second quarter. CAPROCK Group Inc. now owns 3,675 shares of the company’s stock worth $235,000 after purchasing an additional 33 shares during the last quarter. Finally, Sandy Spring Bank grew its holdings in shares of Express Scripts Holding by 0.6% in the second quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock worth $413,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 90.30% of the company’s stock.

In other Express Scripts Holding news, VP Everett Neville sold 1,163 shares of Express Scripts Holding stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $61.48, for a total transaction of $71,501.24. Following the transaction, the vice president now directly owns 18,232 shares of the company’s stock, valued at $1,120,903.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Phyllis S. Anderson sold 643 shares of Express Scripts Holding stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $62.37, for a total transaction of $40,103.91. The disclosure for this sale can be found here. Insiders have sold 6,284 shares of company stock worth $397,421 over the last three months. Insiders own 0.68% of the company’s stock.

Express Scripts Holding Company Profile

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).

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Earnings History and Estimates for Express Scripts Holding (NASDAQ:ESRX)

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