Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy PPD stock in Canada | $46.97

Own PPD shares in just a few minutes.

PPD Inc
NASDAQ: PPD - USD
DRUG MANUFACTURERS-SPECIALTY & GENERIC
$47.04
+ $0.07 ( + 0.15%)

PPD Inc is a drug manufacturers-specialty & generic business based in the US. PPD shares (PPD) are listed on the NASDAQ and all prices are listed in US Dollars. PPD employs 28,000 staff and has a trailing 12-month revenue of around USD$5.6 billion.

How to buy shares in PPD

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PPD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy PPD stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted PPD's stock price?

Since the stock market crash in March caused by coronavirus, PPD's stock price has had significant positive movement.

Its last market close was $46.97, which is 34.26% up on its pre-crash value of $30.88 and 342.70% up on the lowest point reached during the March crash when the stocks fell as low as $10.61.

If you had bought $1,000 worth of PPD stocks at the start of February 2020, those stocks would have been worth $inf at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $inf.

PPD stock price

Use our graph to track the performance of PPD stocks over time.

PPD shares at a glance

Information last updated 2021-10-17.
Latest market close$46.97
52-week range$31.54 - $47.09
50-day moving average $46.77
200-day moving average $45.77
Wall St. target price$47.22
PE ratio 65.5726
Dividend yield N/A (0%)
Earnings per share (TTM) $0.72

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available Asset Types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
FREE TRADES
Wealthsimple Trade
Stocks, ETFs
$0
N/A
$0
Free
Get 2 free stocks when you open a Wealthsimple Trade personal account and deposit and trade at least $150.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
BMO InvestorLine
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$9.95
$9.95 + $1.25 per options contract
$0 if conditions met, otherwise $25/quarter
$0 - $9.95
Buy and sell a select group of Canada’s most popular ETFs without paying commissions.
An easy-to-use online trading platform with access to research, tools, and the option to access InvestorLine adviceDirect for additional professional support.
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$4.99-$9.99
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
$0
$9.99 ($4.99 if completed 150 trades or more a quarter)
Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
$6.95
$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
OFFER
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95-$9.95
$9.95 + $1 per contract
$0
Free
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
OFFER
Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$6.95 - $8.75 + $1.25 per contract
$0 if conditions met, otherwise $25/quarter
$0 - $8.75
Get up to 50 free trades. Be one of the first 100 new Qtrade clients to use the promo code 50FREETRADES and deposit a minimum of $10,000 (or top up to $15,000 to get $150 transfer fees waived). Valid until December 31, 2021.
Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.
loading

Compare up to 4 providers

Online stock trading

PPD price performance over time

Historical closes compared with the close of $46.97 from 2021-10-20

1 week (2021-10-15) 0.04%
1 month (2021-09-22) 0.36%
3 months (2021-07-22) 2.11%
6 months (2021-04-22) 1.64%
1 year (2020-10-21) 29.93%
2 years (2019-10-18) N/A
3 years (2018-10-18) N/A
5 years (2016-10-18) N/A

Is PPD under- or over-valued?

Valuing PPD stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PPD's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PPD's P/E ratio

PPD's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 66x. In other words, PPD shares trade at around 66x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

PPD's PEG ratio

PPD's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5286. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PPD's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

PPD's EBITDA

PPD's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $919.9 million.

The EBITDA is a measure of a PPD's overall financial performance and is widely used to measure a its profitability.

PPD financials

Revenue TTM $5.6 billion
Operating margin TTM 11.21%
Gross profit TTM $3 billion
Return on assets TTM 6.15%
Return on equity TTM 0%
Profit margin 3.68%
Book value N/A
Market capitalisation $16.5 billion

TTM: trailing 12 months

Shorting PPD shares

There are currently 16.2 million PPD shares held short by investors – that's known as PPD's "short interest". This figure is 1.2% up from 16.0 million last month.

There are a few different ways that this level of interest in shorting PPD shares can be evaluated.

PPD's "short interest ratio" (SIR)

PPD's "short interest ratio" (SIR) is the quantity of PPD shares currently shorted divided by the average quantity of PPD shares traded daily (recently around 1.3 million). PPD's SIR currently stands at 12.37. In other words for every 100,000 PPD shares traded daily on the market, roughly 12370 shares are currently held short.

However PPD's short interest can also be evaluated against the total number of PPD shares, or, against the total number of tradable PPD shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PPD's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 PPD shares in existence, roughly 50 shares are currently held short) or 0.1387% of the tradable shares (for every 100,000 tradable PPD shares, roughly 139 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against PPD.

PPD share dividends

We're not expecting PPD to pay a dividend over the next 12 months.

PPD overview

PPD, Inc. , together with its subsidiaries, provides drug development services to the biopharmaceutical industry worldwide. The company operates through two segments, Clinical Development Services and Laboratory Services. It offers clinical development services, including product development and consulting, early development, Phases II-IV clinical trial management, accelerated enrollment, peri-and post-approval, and medical communications services. The company also provides laboratory services comprising bioanalytical, biomarker, vaccine science, good manufacturing practice, and central laboratory services. It serves pharmaceutical, biotechnology, medical device, and government organizations, as well as other industry participants. The company has a collaboration with Science 37 to design, build, test, implement, and execute digital trials using Science 37's DCT SaaS-based technology platform.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Ask an Expert

You must be logged in to post a comment.

Go to site