Wells Fargo Downgrades Express Scripts Holding Company to Underperform

Brokerage firm Wells Fargo Downgrades its rating on Express Scripts Holding Company(ESRX). The shares have been rated Underperform. Previously, the analysts had a Market Perform rating on the shares. The rating by the stock financial advisor at Wells Fargo was issued on Mar 15, 2017 in a research report to their Investors and Clients.

Express Scripts Holding Company (ESRX) made into the market gainers list on Fridays trading session with the shares advancing 0.40% or 0.26 points. Due to strong positive momentum, the stock ended at $65.09, which is also near the day’s high of $65.36. The stock began the session at $65.19 and the volume stood at 70,76,930 shares. The 52-week high of the shares is $80.02 and the 52 week low is $64.45. The company has a current market capitalization of $39,426 M and it has 60,57,20,000 shares in outstanding.

Express Scripts Holding Company(ESRX) last announced its earnings results on Feb 14, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $24.863B. Analysts had an estimated revenue of $26.310B. Earnings per share were $1.88. Analysts had estimated an EPS of $1.87.

Several Insider Transactions has been reported to the SEC. On Mar 2, 2017, Everett Neville (Sr VP-Supply Chain & Specialty) sold 2,352 shares at $70.16 per share price.Also, On Nov 14, 2016, Steven B Miller (Sr. VP & Chief Med. Officer) sold 21,798 shares at $75.02 per share price.On Nov 14, 2016, Phyllis S. Anderson (Sr. VP & Ch. Marketing Officer) sold 642 shares at $74.74 per share price, according to the Form-4 filing with the securities and exchange commission.

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