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NASDAQ: PPD
PPD Inc Stock Forecast, Predictions & Price Target

Analyst price target for PPD

Based on 7 analysts offering 12 month price targets for PPD Inc.
Min Forecast
$40.00-14.62%
Avg Forecast
$45.71-2.42%
Max Forecast
$48.00+2.45%

Should I buy or sell PPD stock?

Based on 10 analysts offering ratings for PPD Inc.
Hold
Strong Buy
1 analysts 10%
Buy
0 analysts 0%
Hold
9 analysts 90%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

PPD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
JP Morgan
Top 16%
85
HoldDowngrades$48.00+2.45%2021-04-28
Jefferies
Top 5%
96
HoldDowngradesN/AN/A2021-04-20
Citigroup
Top 3%
98
HoldDowngrades$47.50+1.39%2021-04-19
Credit Suisse
Top 25%
76
HoldDowngrades$47.50+1.39%2021-04-19
Truist Securities
Top 3%
98
HoldDowngradesN/AN/A2021-04-16
Deutsche Bank
Top 15%
86
HoldDowngrades$47.00+0.32%2021-04-16
William Blair
Bottom 38%
38
HoldDowngradesN/AN/A2021-04-16
Anonymous
KeyBanc
HoldDowngrades$40.00-14.62%2021-04-16
Baird
Top 31%
70
HoldDowngrades$48.00+2.45%2021-04-15
Barclays
Top 21%
80
Strong BuyInitiates Coverage On$42.00-10.35%2021-03-03

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Forecast return on equity

Is PPD forecast to generate an efficient return?
Company
-141.1%
Industry
101.53%
Market
2,530.69%
PPD's Return on Equity is forecast to be low in 3 years (-141.1%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is PPD forecast to generate an efficient return on assets?
Company
11.35%
Industry
68.36%
Market
1,237.47%
PPD is forecast to generate lower Return on Assets (11.35%) than the US Drug Manufacturers - Specialty & Generic industry average (68.36%)
Forecast

PPD earnings per share forecast

What is PPD's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$1.32+78.38%
Avg 2 year Forecast
$1.64+121.62%
Avg 3 year Forecast
$1.99+168.92%
PPD's earnings are forecast to grow at an exceptional rate of 38.95% per year
Forecast

PPD revenue forecast

What is PPD's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$5.7B+2.5%
Avg 2 year Forecast
$6.1B+10.14%
Avg 3 year Forecast
$6.2B+11.25%
PPD's revenue is forecast to grow at a rate of 4.07% per year, which is not exceptional
Forecast

PPD earnings growth forecast

How is PPD forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?
Company
38.95%
Industry
24.29%
Market
18.62%
PPD's earnings are forecast to grow faster (38.95% per year) than the US Drug Manufacturers - Specialty & Generic industry average (24.29%)
Forecast
PPD's earnings are forecast to grow faster (38.95% per year) than the US market average (18.62%)
Forecast
PPD's earnings are forecast to grow faster (38.95% per year) than the risk-free savings rate (1.5%)
Forecast

PPD revenue growth forecast

How is PPD forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?
Company
4.07%
Industry
24.41%
Market
12.38%
PPD's revenues are forecast to grow slower (4.07% per year) than the US Drug Manufacturers - Specialty & Generic industry average (24.41%)
Forecast
PPD's revenues are forecast to grow slower (4.07% per year) than the US market average (12.38%)
Forecast

PPD Stock Forecast FAQ

Is PPD Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: PPD) stock is to Hold PPD stock.

Out of 10 analysts, 1 (10%) are recommending PPD as a Strong Buy, 0 (0%) are recommending PPD as a Buy, 9 (90%) are recommending PPD as a Hold, 0 (0%) are recommending PPD as a Sell, and 0 (0%) are recommending PPD as a Strong Sell.

What is PPD's earnings growth forecast for 2021-2023?

(NASDAQ: PPD) PPD's forecast annual earnings growth rate of 38.95% is forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast earnings growth rate of 24.29%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.62%.

PPD's earnings in 2021 is $258,299,000.On average, 1 Wall Street analysts forecast PPD's earnings for 2021 to be $463,736,228, with the lowest PPD earnings forecast at $463,736,228, and the highest PPD earnings forecast at $463,736,228. On average, 1 Wall Street analysts forecast PPD's earnings for 2022 to be $576,157,131, with the lowest PPD earnings forecast at $576,157,131, and the highest PPD earnings forecast at $576,157,131.

In 2023, PPD is forecast to generate $699,117,495 in earnings, with the lowest earnings forecast at $699,117,495 and the highest earnings forecast at $699,117,495.

What is PPD's revenue growth forecast for 2021-2023?

(NASDAQ: PPD) PPD's forecast annual revenue growth rate of 4.07% is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 24.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.38%.

PPD's revenue in 2021 is $5,551,946,000.On average, 5 Wall Street analysts forecast PPD's revenue for 2021 to be $1,999,188,307,763, with the lowest PPD revenue forecast at $1,816,203,964,681, and the highest PPD revenue forecast at $2,112,385,266,994. On average, 6 Wall Street analysts forecast PPD's revenue for 2022 to be $2,148,241,914,223, with the lowest PPD revenue forecast at $1,973,685,977,079, and the highest PPD revenue forecast at $2,497,813,308,954.

In 2023, PPD is forecast to generate $2,169,915,961,822 in revenue, with the lowest revenue forecast at $2,088,158,562,251 and the highest revenue forecast at $2,259,625,032,436.

What is PPD's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: PPD) forecast ROA is 11.35%, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of 68.36%.

What is PPD's Price Target?

According to 7 Wall Street analysts that have issued a 1 year PPD price target, the average PPD price target is $45.71, with the highest PPD stock price forecast at $48.00 and the lowest PPD stock price forecast at $40.00.

On average, Wall Street analysts predict that PPD's share price could stay at $45.71 by Apr 28, 2022. The average PPD stock price prediction forecasts a potential downside of N/A from the current PPD share price of $46.85.

What is PPD's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: PPD) PPD's current Earnings Per Share (EPS) is $0.74. On average, analysts forecast that PPD's EPS will be $1.32 for 2021, with the lowest EPS forecast at $1.32, and the highest EPS forecast at $1.32. On average, analysts forecast that PPD's EPS will be $1.64 for 2022, with the lowest EPS forecast at $1.64, and the highest EPS forecast at $1.64. In 2023, PPD's EPS is forecast to hit $1.99 (min: $1.99, max: $1.99).

What is PPD's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: PPD) forecast ROE is -141.1%, which is considered weak.
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