Market Update: Express Scripts Holding Company (NASDAQ:ESRX) – Express Scripts Holding Company to Present at an Upcoming Conference

[PR Newswire] – ST. LOUIS, May 2, 2016 /PRNewswire/ — Express Scripts Holding Company (Nasdaq: ESRX) announced that it will present at the Bank of America Merrill Lynch 2016 Health Care Conference on Wednesday, May 11, … Read more on this. Express Scripts Holding Company (ESRX) , with a current value of $46.57B, started trading this morning at $73.87. During the trading session, ESRX traded between $73.25 to $74.12 with its 52-week range being $65.55 to $94.61. Express Scripts (ESRX) shares are currently priced at 11.61x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 13.47x earnings multiple for the same period. According to a consensus of 19 analysts, the earnings estimate of $1.58 per share would be $0.14 better than the year-ago quarter and a $0.04 sequential increase. The full-year EPS estimate is $6.35, which would be a $0.82 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $25.41 Billion. If reported, that would be a 0.16% decrease over the year-ago quarter. Recently, Credit Suisse Initiated ESRX at Outperform (Mar 16, 2016). Previously, Mizuho downgraded ESRX from Buy to Neutral. The average price target for ESRX shares by the analysts covering the stock is $80.76, which is 9.33% above where the stock opened this morning. See more in (NASDAQ:ESRX) Similar Articles: Stock Update: Express Scripts Holding Company (NASDAQ:ESRX) – Express Scripts Announces 2016 First Quarter Results; Increases 2016 Guidance Range: Raises Mid-Point; Provides 2016 Second Quarter Guidance Market Update (NASDAQ:ESRX): Express Scripts Holding Company Announces First Quarter Earnings Conference Call Market Update: Express Scripts Holding Company (NASDAQ:ESRX) – Express Scripts Announces a Tender Offer for Any and All of the Outstanding 3.125% Senior Notes due 2016