Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $37.75 USD
Change Today +0.27 / 0.72%
Volume 115.2K
PRAH On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

pra health sciences inc (PRAH) Snapshot

Open
$37.28
Previous Close
$37.48
Day High
$38.35
Day Low
$37.28
52 Week High
07/28/15 - $44.02
52 Week Low
11/13/14 - $18.47
Market Cap
2.3B
Average Volume 10 Days
210.2K
EPS TTM
--
Shares Outstanding
60.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PRA HEALTH SCIENCES INC (PRAH)

Related News

No related news articles were found.

pra health sciences inc (PRAH) Related Businessweek News

No Related Businessweek News Found

pra health sciences inc (PRAH) Details

PRA Health Sciences, Inc., a contract research organization, provides various product development services for pharmaceutical and biotechnology companies worldwide. The company offers integrated services, such as data management, statistical analysis, clinical trial management, and regulatory and drug development consulting. Its services include a suite of product registration services, such as clinical trial management, project management, regulatory affairs, therapeutic expertise, clinical operations, data and programming, safety and risk management, biostatistics and medical writing, quality assurance, and late phase services. The company’s services also comprise strategic solutions, including embedded, functional services provider, staff augmentation, and custom-built development solutions, as well as commercialization services; and early development services, including phase I through phase IIa clinical trials and bioanalytical laboratory services. It conducts clinical trials in the areas of pharmaceutical development, comprising oncology, central nervous system, inflammation, and infectious diseases. The company was formerly known as PRA Global Holdings, Inc. and changed its name to PRA Health Sciences, Inc. in July 2014. The company was founded in 1976 and is headquartered in Raleigh, North Carolina. PRA Health Sciences, Inc. is a subsidiary of KKR PRA Investors L.P.

11,000 Employees
Last Reported Date: 03/3/15
Founded in 1976

pra health sciences inc (PRAH) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $635.0K
Executive Vice President and Corporate Compli...
Total Annual Compensation: $485.0K
Compensation as of Fiscal Year 2014.

pra health sciences inc (PRAH) Key Developments

PRA Health Sciences, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Year 2015

PRA Health Sciences, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $392,848,000 against $357,545,000 a year ago. Income from operations was $38,321,000 against $17,436,000 a year ago. Income before income taxes and equity in losses of unconsolidated joint ventures was $18,843,000 against loss before income taxes and equity in losses of unconsolidated joint ventures of $8,885,000 a year ago. Net income was $12,415,000 or $0.20 per share diluted against net loss of $4,056,000 or $0.10 per share diluted a year ago. EBITDA was $52,674,000 against $36,174,000 a year ago. Adjusted EBITDA was $61,319,000 against $45,472,000 a year ago. Adjusted net income was $29,718,000 or $0.47 per share diluted against $13,994,000 or $0.34 per share diluted a year ago. Adjusted operating income was $56.2 million against $40.6 million a year ago. Capital expenditure was $9.5 million compared to $6.1 million during the same period in 2014. The increase in capital expenditure reflects ongoing investment in information technology and the expansion of facilities in the U.S. and abroad. Cash provided by operations was $26.6 million compared to $37.1 million for the same period in 2014. For the six months, the company reported total revenue of $668,486,000 against $622,774,000 a year ago. Income from operations was $71,258,000 against $28,160,000 a year ago. Income before income taxes and equity in losses of unconsolidated joint ventures was $44,989,000 against loss before income taxes and equity in losses of unconsolidated joint ventures of $25,082,000 a year ago. Net income was $29,602,000 or $0.47 per share diluted against net loss of $14,097,000 or $0.35 per share diluted a year ago. Net cash provided by operating activities was $29,957,000 against net cash used in operating activities of $3,260,000 a year ago. Purchase of fixed assets was $17,066,000 against $11,876,000 a year ago. EBITDA was $112,511,000 against $66,204,000 a year ago. Adjusted EBITDA was $117,061,000 against $85,194,000 a year ago. Adjusted net income was $55,527,000 or $0.88 per share diluted against $22,901,000 or $0.56 per share diluted a year ago. Net debt as on June 30, 2015 was $862.9 million against $1,200.7 million as on June 30, 2014. Adjusted operating income was $106.8 million against $74.4 million a year ago. For the year 2015, the company expects service revenue of $1.34 billion to $1.39 billion against previous guidance of $1.34 billion to $1.39 billion. The company expects diluted GAAP net income per share of $0.80 to $0.90 against previous guidance of $0.70 to $0.80. The company raised adjusted net income per share from $1.62 to $1.72 to $1.75 to $1.85. The company expects annual effective income tax rate of 30% against previous guidance of 30%.

Mithra Pharmaceuticals SA/NV Selects PRA Health Sciences as Clinical Research Organisation for Phase III Clinical Trial

Mithra Pharmaceuticals SA/NV announced that it has signed an agreement with PRA Health Sciences as a Clinical Research Organisation (CRO) for Mithra’s upcoming Phase III clinical trials on its product candidate Estelle, a combined oral contraceptive, composed of 15 mg of Estetrol (E4) and 3 mg of Drospirenone (DRSP). The main objective of these trials is to evaluate the contraceptive efficacy of Estelle in women aged between 18 and 35 years. This is done by measuring the overall Pearl Index (PI) (i.e. standardised measurement of contraceptive methods calculated as the number of contraceptive failures per 100 women divided by the years of exposure). The secondary objectives are to evaluate the contraceptive efficacy among the entire population (18 to 50 years old) and to evaluate the safety of Estelle. Endometrial safety will be assessed in a subset of women by performing endometrial biopsies before and at the end of the study. The trial will assess the efficacy and safety of Estelle in 1,700 patients at multiple centers across the United States and Canada and 1,500 patients at multiple centers across Europe. The selection of countries and centers will be subjected to an extensive feasibility study conducted by PRA Health Sciences. Among the countries under consideration: Belgium, France, Germany and the Netherlands.

PRA Health Sciences, Inc. to Report Q2, 2015 Results on Jul 27, 2015

PRA Health Sciences, Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 27, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PRAH:US $37.75 USD +0.27

PRAH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Charles River Laboratories International Inc $70.38 USD +0.27
ICON PLC $77.99 USD -0.76
INC Research Holdings Inc $42.01 USD -0.08
PAREXEL International Corp $67.49 USD -1.73
WuXi PharmaTech Cayman Inc $42.49 USD -0.20
View Industry Companies
 

Industry Analysis

PRAH

Industry Average

Valuation PRAH Industry Range
Price/Earnings 100.0x
Price/Sales 1.7x
Price/Book 3.3x
Price/Cash Flow 24.2x
TEV/Sales 1.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PRA HEALTH SCIENCES INC, please visit www.prahs.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.