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Express Scripts (ESRX) – Riding the Health Care Wave?
Mar
23
Written by:
3/23/2010 1:03 PM
Express Scripts (ESRX) – Riding the Health Care Wave? Express Scripts, a provider of pharmacy benefits management including retail management, card programs, home delivery, specialty and formulary management among other services has climbed to new 52 week highs as recently as yesterday. With the passage of a portion of the Obama Administrations Health Care Reform Bill, health care stocks in many sectors have rallied. But Express Scripts also shows great sales and earnings growth at a reasonable price. The company’s stock has moved from $48.05 a share to a recent 52 week high of $103.24 a share. More than doubling over the past 12 months. Revenue is growing 93% for this quarter and next quarter compared to the prior year numbers. While earnings is expanding roughly 28% this quarter and 35% next quarter, according to recent estimates. Analysts have bumped their earnings expectations over the past three months from $1.06 a share for first quarter of the year to $1.10 a share. The price of the stock compared to its earnings (P/E) is 20.64 midway through the trading day today. When considering Express Scripts’ nearest quarters, this is a very reasonably priced stock. The 5 year growth rate is tempered at 19.6% which allows the PEG to be reported at a more standard ratio near 1. I believe the stock will continue to move higher with investors interested in industry due to the recent government action. The company will also report their first quarter earnings the last week of April, which should create additional interest from traders. Ad: Get your Unemployment Benefits tax free!
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23 comment(s) so far...
Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Very Useful and Impressive Article...
Thanks for sharing!
By Jamorama on
3/23/2010 11:29 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
It seems that market is going to turn bearish very soon. I would consider waiting for the moment to go short...
By Matt on
3/25/2010 4:51 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Well, that makes me wish I had invested in that company! Shoots
By FileCure Review on
3/25/2010 5:55 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Thanks for the writeup, Very Intersting
By Linkvana Review on
3/25/2010 11:44 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Also must thank you for the write-up, I have to agree as a Wall Street systems analyst despite the recent upsurge in drug company stock, obviously catalyzed by the signing of the Health Care Reform Bill, I do not forecast that the upswing will last very long, you can visit my blog, in which I discuss trading options and current trends in the market, thanks!
By humphreybogart on
3/26/2010 10:24 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Express Scripts seems to have a very solid business model. With the current state of the economy, people will naturally adopt cost saving measures which will have positive effects, whether directly or indirectly to companies like ESRX. I would say ESRX is good for a long term position.
By Andrew Mercer on
3/28/2010 5:08 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
great article. Good business model. Important in today's society
By driver update software on
3/28/2010 2:01 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Services rendered by Express Scripts are growing and its outstanding success will itself bring more changing result in the coming time.
By Invesp on
3/29/2010 2:21 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
I admit, you are very experienced in this regard.
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Content is always updated, and most importantly, all of your content is useful for our needs.
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By tips tinggi badan on
3/31/2010 9:11 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
FastSwings.com lost it's pagerank over a year ago for some reason. Figuring out Google is a full time job in itself.
By Steve Patterson on
3/31/2010 10:20 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Very admiring article..keep up he great work...thanks..
By men's health magazine on
4/1/2010 10:59 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Hi,
I agree with the post and also seeing some positive trends to be set by the ESRX in the coming sessions at market but let's how does it correlates with overall market conditions that would likely to change so considering the trends will be appreciable to have a clear idea.
By Forex on
4/2/2010 1:55 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
I would say growing in popularity was the Express Scripts High Performance Formulary, which most effectively promotes the use of generics and low-cost brand drugs..
By weight loss plans on
4/7/2010 8:40 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Any company that offers cost savings to consumers are sure to thrive in this very turbulent economy of ours. ESRX is one such company and is included in Forbes' list of top hiring companies where it hired around 3,500 employees in 2009. It's acquisition of NetRx in December of last year is likely to make it the largest public company in St. Louis.
By Jennifer Smith on
4/10/2010 1:08 AM
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Beauty
Just following your advice could become a second job for me, thanks for sharing all this information.
By Beauty on
4/20/2010 1:20 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Express Scripts makes the use of prescription drugs safer and more affordable for tens of millions of consumers through thousands of employers, government.
By business website design on
4/26/2010 6:31 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
In most cases, Express Scripts will guide you to use more cost-effective .
By St patricks day decorations on
5/22/2010 2:21 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Express Scripts (NASDAQ: ESRX) is one of North America's top five Pharmacy Benefits Management (PBM) companies measured by prescriptions sold.
By Surveillance Uk on
6/9/2010 6:05 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
express scripts is a great idea
By fascias soffits on
7/15/2010 5:54 PM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Express Scripts makes the use of prescription drugs safer and more affordable for tens of millions of consumers through thousands of employers.
By Bureau Services on
7/23/2010 1:17 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
I agree with the post and also seeing some positive trends to be set by the ESRX in the coming sessions at market but let's how does it correlates with overall market conditions...
By print my emotions on
8/20/2010 9:37 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Interesting to read this post with the benefit of hindsight.
It amazes me how quickly the markets change.
By bingo sign up bonus on
2/4/2011 11:01 AM
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Re: Express Scripts (ESRX) – Riding the Health Care Wave?
Unfortunately I did'nt buy into this. I know someone who did and made a lot.
By whiplash settlement on
2/4/2011 11:05 AM
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