PAREXEL International Corporation (NASDAQ:PRXL) registered a -9.09% decrease, still its new closing price is 24.96% up from the company’s 1 year high of 72.32.It posted -8.92% losses in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 17 stock analysts following this company have an average price target at $65.58, with individual PT in the $47.00-$76.00 range. The shares moved at $63.93, implying that brokerage firms see shares gaining about 2.95% in twelve months time.
PAREXEL International Corporation (PRXL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.72% fall year to date. A Senior Vice President, CRS at PAREXEL International Corporation (PRXL) offloaded shares in a transaction closed on Monday August 15, 2016. Saarony Gadi sold 2,500 shares in the company at $70.05 each and collected $175,000 in proceeds. Saarony Gadi now owns 9,417 shares in the company after this transaction. A SVP, PAREXEL Access in the company, Schultz Joshua, disclosed a transaction on Tuesday August 09, 2016 that ended up generating $171,001 from the sale of 2,500 shares at $68.64 per share.
PAREXEL International Corporation (NASDAQ:PRXL) Upcoming Results on Tap
PAREXEL International Corporation will next provide financial results for the September 2017 quarter. Stock analysts expect it to report per-share earnings of $0.92 in that period. Sales during the quarter are predicted to arrive at $540.66 million.
Earnings surprise history: Last quarter, the company posted approximately $500.9 million in revenue and EPS of $0.76. The mean forecast was for $524.79 million and $0.85 a share, respectively. One quarter earlier, revenue for the stock was at $538.6 million, with earnings at $0.94/share.
PAREXEL International Corporation (PRXL) Brokerage Update
PAREXEL International Corporation (PRXL) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underperform from Mkt Perform by Raymond James, according to news reported on Thursday February 02, 2017.Another important research note was issued by Goldman on Friday December 16, 2016.The firm downgraded PRXL to Sell from Neutral. Over the last six months and over the last three months, the shares of PAREXEL International Corporation (PRXL), have changed -3.60% and 11.51%, respectively.