Stock Update (NASDAQ:ESRX): Newman Ferrara LLP Announces Investigation of Express Scripts Holding Company

[Business Wire] – Newman Ferrara LLP has begun an investigation into whether the officers and directors of Express Scripts Holding Company breached their fiduciary duties to the company. Read more on this. Express Scripts Holding Company (ESRX) , with a current market cap of $46.13B, opened at $72.01. Shares have traded today between $71.76 and $72.96 per share with the price of the stock fluctuating between $65.55 to $94.61 over the last 52 weeks. Express Scripts (ESRX) shares are currently priced at 11.58x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 4.76x 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 $0.03 sequential increase. What we find to be interesting is that the full-year EPS estimate of $6.36 is a $0.83 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $25.38 Billion. If reported, that would be a 0.28% decrease over the year-ago quarter. More 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 $80.81, which is 12.22% above where the stock opened this morning. See more in (NASDAQ:ESRX) Similar Articles: Market Update: Express Scripts Holding Company (NASDAQ:ESRX) – SHAREHOLDER ALERT: Rosen Law Firm Reminds Express Scripts Holding Company Investors of Important Deadline in Class Action Stock Update (NASDAQ:ESRX): Harwood Feffer LLP Announces Investigation of Express Scripts Holding Company Market Update: Express Scripts Holding Company (NASDAQ:ESRX) – Express Scripts Holding Company to Present at an Upcoming Conference