|Bid||56.87 x 600|
|Ask||56.89 x 1000|
|Day's Range||56.62 - 57.27|
|52 Week Range||56.62 - 77.50|
|PE Ratio (TTM)||9.85|
|Earnings Date||Oct 24, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||67.43|
Lackluster performance in PBM product network and services segment is likely to mar Express Scripts' (ESRX) revenues in the third quarter.
The $3.6 billion purchase of private equity-backed eviCore Healthcare marks Express Scripts' largest deal since its acquisition of Medco Health Solutions in 2012 for more than $29 billion.
Rating Action: Moody's places CareCore National's ratings on review for upgrade. Global Credit Research- 11 Oct 2017. New York, October 11, 2017-- Moody's Investors Service placed all ratings for CareCore ...
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Express Scripts Holding Co. a score of 41. Our analysis is based on comparing Express Scripts Holding Co. with the following peers – CVS Health Corporation, Premier Inc. Class A, Rite Aid Corporation and PharMerica Corporation (CVS-US, PINC-US, RAD-US and PMC-US). Investment Outlook Express Scripts Holding Co. ... Read more (Read more...)
Maxim Group Currently, we view Amazon.com’s potential entry into prescription drugs as both an opportunity and a risk for Express Scripts. According to CNBC, Amazon (AMZN) may decide within four to six weeks whether or not to enter the prescription drug market. The online retailer has reportedly been recruiting pharmacy management personnel and hired Mark Lyons of Premera Blue Cross to build its internal pharmacy benefits manager (PBM), which, in our view, could be the company’s first step towards entering the business on a larger scale.
Express Scripts said the acquisition of eviCore will allow it to expand beyond its prescription drug benefit services.
Rating Action: Moody's affirms Express Scripts' Baa2 rating; stable outlook. Global Credit Research- 10 Oct 2017. New York, October 10, 2017-- Moody's Investors Service affirmed the Baa2 senior unsecured ...
Express Scripts announced Tuesday that it would buy a privately held eviCore healthcare as Amazon reportedly eyes the online pharmaceutical market.
Express Scripts Holding Company says that the deal will combine its own pharmacy benefit management offering and eviCore Healthcare’s medical benefits management platform. Express Scripts Holding Company notes that the deal will also allow for synergies between the two companies. The deal for eviCore Healthcare will have Express Scripts Holding Company obtaining it from current investors.
On Tuesday, shares of Express Scripts Holding Co. (ESRX) are falling, down about 1.7% in late-morning trading after the company announced plans to purchase privately-held medical benefit management company eviCore Healthcare for $3.6 billion.
The deal comes as a pre-emptive move with Express Scripts exposed to more competition and the possibility of the pharmacy benefit manager losing Anthem Inc (ANTM.N) and rumoured entry of Amazon.com Inc (AMZN.O) into the prescription drug market. "The deal signals Express Scripts' desire to remain independent even with the likely Anthem loss," said Baird analyst Eric Coldwell, adding that the decision may disappoint some who hoped the company would pursue strategic options.
Express Scripts Holding Co said on Tuesday it would buy privately held specialty healthcare benefits manager eviCore healthcare for $3.6 billion to bolster its medical benefits management business amid the threat of losing a major client. The deal comes as a pre-emptive move with Express Scripts exposed to more competition and the possibility of the pharmacy benefit manager losing Anthem Inc and rumored entry of Amazon.com Inc into the prescription drug market.
As pharmacy benefit managers like Express Scripts look for ways to rein in the rising costs of prescription drugs, eviCore will give it the ability to make sure patients are getting the right medicines, in the right amount and at the right time.
Pharmacy-benefits manager Express Scripts Holding Co. will buy privately-held eviCore healthcare for $3.6 billion, bolstering its medical benefit management services. St. Louis-based Express Scripts is ...
Express Scripts Holding Company shares dropped 2.5% premarket on news that the company has agreed to buy privately-held medical benefit management company eviCore healthcare for $3.6 billion. The deal ...
Express Scripts Holding Co. agreed to pay $3.6 billion to acquire closely held EviCore Healthcare, a company that preapproves scans and other costly medical tests for health plans.
- Improves ability to address $1 trillion annually wasted on unnecessary healthcare spending - Establishes cornerstone platform to rapidly advance into Medical Benefits Management Services, a large and ...
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Express Scripts Holding Co.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average ... Read more (Read more...)