PPD Inc (PPD) Forecast, Price Target & Analyst Ratings

NASDAQ:PPD

Current stock price

47.28
-0.03 (-0.06%)
At close:
47.48
+0.2 (+0.42%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PPD Inc (PPD).

Forecast Snapshot

Consensus Price Target

Price Target
$48.25
+ 2.04% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 1, 2022
Period
Q4 / 2021
EPS Estimate
$0.45
Revenue Estimate
1.482B

ChartMill Buy Consensus

Rating
52.94%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$48.25
Upside
+ 2.04%
From current price of $47.28 to mean target of $48.25, Based on 17 analyst forecasts
Low
$45.45
Median
$48.45
High
$50.40

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

17 Wall Street analysts provided a forecast for the next 12 months for PPD. The average price target is 48.25 null. This implies a price increase of 2.04% is expected in the next year compared to the current price of 47.28.

Analyst Ratings & History

Current Analyst Ratings

PPD Current Analyst RatingPPD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

PPD Historical Analyst RatingsPPD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
52.94%
PPD was analyzed by 17 analysts. The buy percentage consensus is at 53. So analysts seem to be rather neutral about PPD.
In the previous month the buy percentage consensus was at a similar level.
PPD was analyzed by 17 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-04-28JP MorganDowngrade Overweight -> Neutral
2021-04-20JefferiesDowngrade Buy -> Hold
2021-04-19Credit SuisseDowngrade Outperform -> Neutral
2021-04-19CitigroupDowngrade Buy -> Neutral
2021-04-16William BlairDowngrade Outperform -> Market Perform
2021-04-16Deutsche BankDowngrade Buy -> Hold
2021-04-16KeybancDowngrade Overweight -> Sector Weight
2021-04-16Truist SecuritiesDowngrade Buy -> Hold
2021-04-15BairdDowngrade Outperform -> Neutral
2021-03-03BarclaysInitiate Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 1, 2022
Period
Q4 / 2021
EPS Estimate
$0.45
Revenue Estimate
1.482B
Revenue Q2Q
8.64%
EPS Q2Q
15.11%
Number of Analysts
13

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

PPD is expected to report earnings on 3/1/2022. The consensus EPS estimate for the next earnings is 0.45 null and the consensus revenue estimate is 1.48B null.

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2018 2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
PPD revenue by date.PPD revenue by date.
3.749B
24.92%
4.031B
7.52%
4.682B
16.14%
6.075B
29.76%
6.434B
5.92%
7.021B
9.11%
7.473B
6.45%
8.035B
7.51%
EBITDA
YoY % growth
PPD ebitda by date.PPD ebitda by date.
661.2M
0.92%
683.3M
3.34%
788.5M
15.40%
N/AN/AN/AN/AN/A
EBIT
YoY % growth
PPD ebit by date.PPD ebit by date.
402.2M
6.94%
418.5M
4.05%
509.4M
21.72%
N/AN/AN/AN/AN/A
Operating Margin
PPD operating margin by date.PPD operating margin by date.
10.73%10.38%10.88%N/AN/AN/AN/AN/A
EPS
YoY % growth
PPD eps by date.PPD eps by date.
N/AN/A1.18
21.89%
1.62
37.26%
1.84
13.63%
2.10
14.23%
2.37
12.80%
2.70
13.93%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 21 Q1 / 22 Q2 / 22 Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
0.45
15.11%
0.40
13.41%
0.40
2.70%
0.47
8.15%
0.53
16.99%
0.44
11.11%
0.41
2.55%
0.50
7.14%
0.62
18.59%
Revenue
Q2Q % growth
1.482B
8.64%
1.501B
8.86%
1.532B
-2.77%
1.566B
0.34%
1.591B
7.36%
1.588B
5.84%
1.651B
7.80%
1.692B
8.06%
1.71B
7.44%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

PPD Yearly Revenue VS EstimatesPPD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B
PPD Yearly EPS VS EstimatesPPD Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
21.23%
EPS Next 5 Year
18.02%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
14.86%
Revenue Next 5 Year
11.64%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

PPD Inc / PPD Forecast FAQ

What is the average price target for PPD Inc (PPD) stock?

17 analysts have analysed PPD and the average price target is 48.25 null. This implies a price increase of 2.04% is expected in the next year compared to the current price of 47.28.

What is the next earnings date for PPD stock?

PPD Inc (PPD) will report earnings on 2022-03-01, after the market close.

Can you provide the consensus estimates for PPD Inc next earnings?

The consensus EPS estimate for the next earnings of PPD Inc (PPD) is 0.45 null and the consensus revenue estimate is 1.48B null.

What is the expected long term growth rate for PPD Inc (PPD)?

The expected long term growth rate for PPD Inc (PPD) is 14.86%.