Express Scripts Holding (ESRX) Earning Somewhat Positive News Coverage, Accern Reports
Headlines about Express Scripts Holding (NASDAQ:ESRX) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Express Scripts Holding earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.4384627077912 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- RBC Capital Initiates Coverage on Express Scripts Holding Company (ESRX) With A Rating Of “Sector Perform” – First News 24 (firstnewspaper24.com)
- Express Scripts Holding Co. breached its 50 day moving average in a Bearish Manner : ESRX-US : September 19, 2017 (finance.yahoo.com)
- Royal Bank Of Canada Begins Coverage on Express Scripts Holding Company (ESRX) (americanbankingnews.com)
- Research Analysts Issue Forecasts for Express Scripts Holding Company’s Q1 2019 Earnings (ESRX) (americanbankingnews.com)
- Why Express Scripts Holding Company (ESRX) Could Be A Buy (finance.yahoo.com)
ESRX has been the topic of a number of recent analyst reports. Jefferies Group LLC set a $72.00 price target on shares of Express Scripts Holding and gave the company a “buy” rating in a research report on Tuesday, August 29th. ValuEngine lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Robert W. Baird restated a “hold” rating and issued a $56.00 price target on shares of Express Scripts Holding in a research report on Friday, September 1st. Needham & Company LLC initiated coverage on shares of Express Scripts Holding in a research report on Friday, July 21st. They issued a “hold” rating on the stock. Finally, BidaskClub upgraded shares of Express Scripts Holding from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $70.09.
Express Scripts Holding (NASDAQ:ESRX) traded up 1.34% during midday trading on Wednesday, hitting $61.82. 6,855,729 shares of the company were exchanged. Express Scripts Holding has a one year low of $57.80 and a one year high of $77.50. The stock has a market capitalization of $35.70 billion, a PE ratio of 10.73 and a beta of 0.88. The firm’s 50-day moving average price is $61.81 and its 200-day moving average price is $62.96.
Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Tuesday, July 25th. The company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.71 by $0.02. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The business had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. During the same period last year, the company earned $1.57 EPS. The firm’s revenue was up .5% compared to the same quarter last year. Equities research analysts anticipate that Express Scripts Holding will post $6.99 earnings per share for the current year.
In related 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 sale, the vice president now directly owns 18,232 shares in the company, valued at approximately $1,120,903.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Phyllis S. Anderson sold 578 shares of Express Scripts Holding stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $63.13, for a total transaction of $36,489.14. Following the sale, the vice president now owns 10,530 shares in the company, valued at $664,758.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,641 shares of company stock worth $357,317. 0.68% of the stock is owned by corporate insiders.
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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