Quintiles Transitional Holdings Inc. (NYSE:Q) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a note issued to investors on Monday.

Q has been the topic of a number of other research reports. Avondale Partners upgraded Quintiles Transitional Holdings from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $62.00 to $87.00 in a research note on Monday, July 11th. Evercore ISI raised their price target on Quintiles Transitional Holdings from $70.00 to $78.00 and gave the stock a “hold” rating in a research note on Wednesday, July 27th. KeyCorp restated a “buy” rating on shares of Quintiles Transitional Holdings in a research note on Thursday, July 28th. Citigroup Inc. raised their price target on Quintiles Transitional Holdings from $72.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Finally, Deutsche Bank AG raised their price target on Quintiles Transitional Holdings from $71.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, July 28th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $81.85.

Analyst Recommendations for Quintiles Transitional Holdings (NYSE:Q)

Quintiles Transitional Holdings (NYSE:Q) traded down 3.23% during midday trading on Monday, reaching $77.23. 1,100,715 shares of the company traded hands. The stock has a market capitalization of $9.15 billion, a P/E ratio of 23.22 and a beta of 0.58. Quintiles Transitional Holdings has a 1-year low of $55.01 and a 1-year high of $81.45. The firm has a 50-day moving average of $78.02 and a 200-day moving average of $71.58.

Quintiles Transitional Holdings (NYSE:Q) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.03. Quintiles Transitional Holdings had a negative return on equity of 189.34% and a net margin of 6.83%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter in the prior year, the business posted $0.78 EPS. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts predict that Quintiles Transitional Holdings will post $3.82 earnings per share for the current year.

Institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. boosted its position in shares of Quintiles Transitional Holdings by 22.2% in the second quarter. Pacer Advisors Inc. now owns 1,685 shares of the company’s stock valued at $110,000 after buying an additional 306 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its position in shares of Quintiles Transitional Holdings by 41.7% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 1,700 shares of the company’s stock valued at $111,000 after buying an additional 500 shares in the last quarter. Invictus RG purchased a new position in shares of Quintiles Transitional Holdings during the second quarter valued at about $125,000. Citizens Financial Group Inc RI boosted its position in shares of Quintiles Transitional Holdings by 1.0% in the first quarter. Citizens Financial Group Inc RI now owns 1,978 shares of the company’s stock valued at $129,000 after buying an additional 20 shares in the last quarter. Finally, Acrospire Investment Management LLC purchased a new position in shares of Quintiles Transitional Holdings during the first quarter valued at about $130,000. 92.78% of the stock is owned by hedge funds and other institutional investors.

Quintiles Transitional Holdings Company Profile

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services. The Company is engaged in the development and commercialization of pharmaceutical therapies. The Company’s segments include Product Development and Integrated Healthcare Services.

5 Day Chart for NYSE:Q

Receive News & Stock Ratings for Quintiles Transitional Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quintiles Transitional Holdings Inc. and related stocks with our FREE daily email newsletter.