Market Update (NASDAQ:ESRX): Express Scripts Holding Company Announces First Quarter Earnings Conference Call

[GlobeNewswire] – LOUIS, April 06, 2016– Express Scripts Holding Company announced today its intention to release its first quarter earnings on Monday, April 25, 2016 after the market closes and will hold its quarterly … Read more on this. Express Scripts Holding Company (ESRX) , valued at $43.74B, opened at $67.29. Looking at today’s trading action, the company’s one day range from $66.90 to $69.16 and has traded between $65.55 and $94.61 over the past 12 months. ESRX shares are currently priced at 11.09x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.82x earnings multiple for the same period. According to a consensus of 23 analysts, the earnings estimate of $1.22 per share would be $0.12 better than the year-ago quarter and a $0.06 sequential decrease. The full-year EPS estimate is $6.16 which would be a $0.63 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $25.22 Billion. If reported, that would be a 1.29% increase over the year-ago quarter. Recently, Credit Suisse Initiated ESRX at Outperform (Mar 16, 2016). Previously, Mizuho downgraded ESRX from Buy to Neutral. Investors should keep in mind is that the average price target is $81.06, which is 20.46% above where the stock opened this morning. See more in (NASDAQ:ESRX) Similar Articles: 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 Company Update: Express Scripts Holding Company (NASDAQ:ESRX) – Express Scripts Announces 2015 4th Quarter and Full Year Results; Narrows 2016 Guidance Range: Raises Mid-Point Market Update (NASDAQ:ESRX): Express Scripts Holding Company Announces Third Quarter 2015 Earnings Conference Call