PRA Health Sciences (PRAH) PT Raised to $108 at Mizuho Securities

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PRA Health Sciences (PRAH) PT Raised to $116 at Credit Suisse

August 7, 2020 6:30 AM EDT

Credit Suisse analyst Erin Wilson Wright raised the price target on PRA Health Sciences (NASDAQ: PRAH) to $116.00 (from $113.00) while maintaining a Outperform rating.... More

PRA Health Sciences (PRAH) PT Raised to $130 at Jefferies

August 7, 2020 4:32 AM EDT

Jefferies analyst David Windley raised the price target on PRA Health Sciences (NASDAQ: PRAH) to $130.00 (from $120.00) while maintaining a Buy rating.... More

PRA Health Sciences (PRAH) Tops Q2 EPS by 3c, Revenues Beat: Offers FY20 EPS Outlook Above Consensus, FY20 Revenue Mid-Point View Above Consensus

August 6, 2020 5:33 PM EDT

PRA Health Sciences (NASDAQ: PRAH) reported Q2 EPS of $0.86, $0.03 better than the analyst estimate of $0.83. Revenue for the quarter came in at $729.9 million versus the consensus estimate of $716.72 million.

Net new business of $701.6 million; Net book-to-bill of 1.35 excluding reimbursement revenueNet new business of $1,083.3 million; Net book-to-bill of 1.62 including reimbursement revenue$729.9 million of total revenue; representing a decrease of 4.4% at actual foreign exchange rates and 3.8% on a constant currency basis

Considering the very difficult circumstances, I was delighted with our second quarter financial results. We reported... More