PPD Inc (PPD) Stock

DelistedNasdaq: PPDPPD, Inc., together with its subsidiaries, provides drug development services to the biopharmaceutical industry worldwide.

47.28
Final close · Dec 7, 2021

PPD is no longer traded. PPD was acquired by Thermo Fisher (TMO) on December 8, 2021.

Each PPD share was exchanged for $47.50 in cash. Prices on this page are historical; the last trade was December 7, 2021 at $47.28.

See Thermo Fisher (TMO) stock →

PPD stock price history

Split-adjusted closes, 2020–2021

PPD final trading statistics

Final close
$47.28
Final trading day
Dec 7, 2021
Market cap at delisting
$16.61B
Shares outstanding
351.40M
Final 52-week range
$31.54 – $47.41
Avg. volume (final 3 mo.)
1,713,259
All-time high (split-adj.)
$47.41 · Nov 2021
All-time low (split-adj.)
$14.00 · Mar 2020
Return since IPO
+57.6%
Beta
—
Book value / share
—
Price / book
—
Final 52 wk
31.5447.41

PPD earnings per share

Earnings per share

PPD revenue & net income

RevenueNet income

PPD annual financials

PPD Inc revenue, net income and EPS by fiscal year
Fiscal yearRevenueNet incomeEPS
FY2020$4.68B$153.7M$1.18
FY2019$4.03B$47.8M$5.46
FY2018$3.75B$104.2M—
FY2017$3.00B$296.0M—
FY2016$2.68B$183.1M—

Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.

About PPD Inc

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. PPD, Inc. was founded in 1985 and is headquartered in Wilmington, North Carolina. As of December 8, 2021, PPD, Inc. operates as a subsidiary of Thermo Fisher Scientific Inc.

PPD stock FAQ

What happened to PPD stock?

PPD was acquired by Thermo Fisher (TMO) on December 8, 2021. Shareholders received $47.50 in cash for each share. PPD stock stopped trading on the Nasdaq, with a final close of $47.28 on December 7, 2021.

What did PPD shareholders receive?

Each PPD share was converted into $47.50 in cash. The deal was valued at about $17.4 billion.

Is PPD stock still trading?

No. PPD was delisted from the Nasdaq on December 8, 2021 and no longer trades on a U.S. exchange.

What was the last price of PPD stock?

PPD closed at $47.28 on its final trading day, December 7, 2021, for a market value of about $16.61B.

What were PPD's revenue and earnings in its last full fiscal year?

PPD reported revenue of $4.68B and net income of $153.7M in fiscal 2020, its last full year as a public company.

When did PPD go public?

PPD Inc stock began trading on February 6, 2020.

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