Jefferies Group LLC restated their buy rating on shares of INC Research Holdings, Inc. (NASDAQ:INCR) in a research report sent to investors on Friday, The Fly reports. They currently have a $55.00 price target on the stock.

A number of other research firms also recently weighed in on INCR. Robert W. Baird downgraded INC Research Holdings to an outperform rating and dropped their target price for the stock from $67.00 to $46.00 in a research report on Friday. TheStreet upgraded INC Research Holdings from a c rating to a b- rating in a research report on Monday, November 6th. Goldman Sachs Group, Inc. (The) restated a buy rating and set a $65.00 target price on shares of INC Research Holdings in a research report on Monday, August 7th. Credit Suisse Group started coverage on INC Research Holdings in a research report on Wednesday, October 11th. They set an outperform rating and a $68.00 target price for the company. Finally, Zacks Investment Research downgraded INC Research Holdings from a buy rating to a hold rating in a research report on Wednesday, October 4th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of $57.89.

INC Research Holdings (NASDAQ:INCR) traded down $2.05 during mid-day trading on Friday, hitting $39.10. The stock had a trading volume of 1,899,500 shares, compared to its average volume of 873,748. The company has a market capitalization of $4,079.89, a P/E ratio of 17.94, a P/E/G ratio of 1.17 and a beta of 1.36. INC Research Holdings has a 12 month low of $38.25 and a 12 month high of $61.10. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.99.

INC Research Holdings (NASDAQ:INCR) last released its earnings results on Thursday, November 9th. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.09). The firm had revenue of $592.21 million for the quarter, compared to the consensus estimate of $604.95 million. INC Research Holdings had a positive return on equity of 14.42% and a negative net margin of 4.29%. The company’s revenue was up 128.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 EPS. analysts predict that INC Research Holdings will post 2.3 EPS for the current year.

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In other INC Research Holdings news, CAO Christopher L. Gaenzle sold 42,601 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $58.67, for a total value of $2,499,400.67. Following the completion of the sale, the chief accounting officer now directly owns 69,557 shares in the company, valued at $4,080,909.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gregory S. Rush sold 88,739 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $58.99, for a total value of $5,234,713.61. Following the completion of the sale, the chief financial officer now owns 149,301 shares of the company’s stock, valued at $8,807,265.99. The disclosure for this sale can be found here. Insiders sold 198,321 shares of company stock valued at $11,550,792 in the last quarter. 0.24% of the stock is currently owned by corporate insiders.

Several institutional investors have recently made changes to their positions in INCR. UBS Asset Management Americas Inc. increased its holdings in shares of INC Research Holdings by 27.1% in the first quarter. UBS Asset Management Americas Inc. now owns 30,118 shares of the company’s stock worth $1,381,000 after acquiring an additional 6,423 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of INC Research Holdings by 2.6% in the first quarter. Principal Financial Group Inc. now owns 44,821 shares of the company’s stock worth $2,055,000 after acquiring an additional 1,154 shares in the last quarter. FMR LLC increased its holdings in shares of INC Research Holdings by 54.5% in the first quarter. FMR LLC now owns 400,045 shares of the company’s stock worth $18,342,000 after acquiring an additional 141,155 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of INC Research Holdings by 1.9% in the first quarter. Teachers Advisors LLC now owns 340,119 shares of the company’s stock worth $15,594,000 after acquiring an additional 6,211 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of INC Research Holdings by 20.9% in the first quarter. Dimensional Fund Advisors LP now owns 776,389 shares of the company’s stock worth $35,597,000 after acquiring an additional 134,313 shares in the last quarter. Institutional investors own 77.75% of the company’s stock.

INC Research Holdings Company Profile

INC Research Holdings, Inc is a global contract research organization (CRO). The Company focuses on Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. The Company operates through two segments: Clinical Development Services and Phase I Services.

The Fly

Analyst Recommendations for INC Research Holdings (NASDAQ:INCR)

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