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QuidelOrtho Corporation (NASDAQ: QDEL) closed the day trading at $26.69 down -2.73% from the previous closing price of $27.44. In other words, the price has decreased by -$2.73 from its previous closing price. On the day, 1.22 million shares were traded. QDEL stock price reached its highest trading level at $27.665 during the session, while it also had its lowest trading level at $26.11.
Ratios:
For a better understanding of QDEL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 139.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.80.
On December 11, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $44 to $50.
On December 10, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $43.Jefferies initiated its Hold rating on December 10, 2024, with a $43 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when The Bujarski 2007 Trust U/A Dt bought 100,200 shares for $47.50 per share.
Blaser Brian J. bought 6,033 shares of QDEL for $249,878 on Dec 11 ’24. The President and CEO now owns 6,033 shares after completing the transaction at $41.42 per share. On Dec 09 ’24, another insider, Robert Bujarski, who serves as the Former COO of the company, bought 20,000 shares for $40.40 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QDEL now has a Market Capitalization of 1812263424 and an Enterprise Value of 4461463552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.627 whereas that against EBITDA is 7.7.
Stock Price History:
The Beta on a monthly basis for QDEL is 0.26, which has changed by -0.39588046 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, QDEL has reached a high of $49.45, while it has fallen to a 52-week low of $22.05. The 50-Day Moving Average of the stock is -0.12%, while the 200-Day Moving Average is calculated to be -20.09%.
Shares Statistics:
Over the past 3-months, QDEL traded about 1.49M shares per day on average, while over the past 10 days, QDEL traded about 1355990 shares per day. A total of 67.70M shares are outstanding, with a floating share count of 65.70M. Insiders hold about 3.25% of the company’s shares, while institutions hold 117.59% stake in the company. Shares short for QDEL as of 1756425600 were 7635825 with a Short Ratio of 5.14, compared to 1753920000 on 6586431. Therefore, it implies a Short% of Shares Outstanding of 7635825 and a Short% of Float of 18.68.
Earnings Estimates
The performance of QuidelOrtho Corporation (QDEL) in the stock market is under the watchful eye of 7.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.96, with high estimates of $1.04 and low estimates of $0.84.
Analysts are recommending an EPS of between $2.41 and $2.29 for the fiscal current year, implying an average EPS of $2.33. EPS for the following year is $3.13, with 7.0 analysts recommending between $3.33 and $2.92.
Revenue Estimates
7 analysts predict $664.93M in revenue for. The current quarter. It ranges from a high estimate of $671.6M to a low estimate of $658.34M. As of. The current estimate, QuidelOrtho Corporation’s year-ago sales were $727.1MFor the next quarter, 7 analysts are estimating revenue of $735.9M. There is a high estimate of $757.18M for the next quarter, whereas the lowest estimate is $719.7M.
A total of 8 analysts have provided revenue estimates for QDEL’s current fiscal year. The highest revenue estimate was $2.72B, while the lowest revenue estimate was $2.69B, resulting in an average revenue estimate of $2.71B. In the same quarter a year ago, actual revenue was $2.78BBased on 8 analysts’ estimates, the company’s revenue will be $2.79B in the next fiscal year. The high estimate is $2.83B and the low estimate is $2.74B.
