Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of QuidelOrtho Corporation (NASDAQ: QDEL) was $27.7 for the day, down -6.40% from the previous closing price of $29.6. In other words, the price has decreased by -$6.40 from its previous closing price. On the day, 1.19 million shares were traded. QDEL stock price reached its highest trading level at $29.08 during the session, while it also had its lowest trading level at $27.65.
Ratios:
Our analysis of QDEL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 144.71. 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 May 08, 2025, Jefferies Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $44.
Citigroup Upgraded its Neutral to Buy on December 11, 2024, whereas the target price for the stock was revised from $44 to $50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2009853696 and an Enterprise Value of 4530382336. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.652 whereas that against EBITDA is 7.819.
Stock Price History:
The Beta on a monthly basis for QDEL is 0.35, which has changed by -0.3516612 over the last 52 weeks, in comparison to a change of 0.15927899 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 1.64%, while the 200-Day Moving Average is calculated to be -15.76%.
Shares Statistics:
QDEL traded an average of 1.37M shares per day over the past three months and 1487820 shares per day over the past ten days. A total of 67.70M shares are outstanding, with a floating share count of 67.27M. Insiders hold about 0.93% of the company’s shares, while institutions hold 117.60% stake in the company. Shares short for QDEL as of 1757894400 were 8152849 with a Short Ratio of 5.94, compared to 1755216000 on 7276389. Therefore, it implies a Short% of Shares Outstanding of 8152849 and a Short% of Float of 19.950001.
Earnings Estimates
Current recommendations for the stock of the company come from 6.0 analysts. The consensus estimate for the next quarter is $0.95, with high estimates of $1.04 and low estimates of $0.84.
Analysts are recommending an EPS of between $2.33 and $2.13 for the fiscal current year, implying an average EPS of $2.29. EPS for the following year is $3.11, with 6.0 analysts recommending between $3.33 and $2.92.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 6 analysts. 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, 6 analysts are estimating revenue of $732.56M. There is a high estimate of $757.18M for the next quarter, whereas the lowest estimate is $719.7M.
A total of 7 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 $2.7B. In the same quarter a year ago, actual revenue was $2.78BBased on 7 analysts’ estimates, the company’s revenue will be $2.78B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.74B.
