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The closing price of Qiagen NV (NYSE: QGEN) was $42.21 for the day, up 0.21% from the previous closing price of $42.12. In other words, the price has increased by $0.21 from its previous closing price. On the day, 0.76 million shares were traded. QGEN stock price reached its highest trading level at $42.39 during the session, while it also had its lowest trading level at $41.79.
Ratios:
Our analysis of QGEN’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 10.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.27.
On June 27, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $50.
On December 19, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $44.Wells Fargo initiated its Equal Weight rating on December 19, 2023, with a $44 target price.
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 Sep 11 ’24 when Sackers Roland bought 25,000 shares for $46.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QGEN now has a Market Capitalization of 9380919296 and an Enterprise Value of 9949679616. As of this moment, Qiagen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 134.51, and their Forward P/E ratio for the next fiscal year is 18.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 22.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.83 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 5.128 whereas that against EBITDA is 27.279.
Stock Price History:
Over the past 52 weeks, QGEN has reached a high of $47.44, while it has fallen to a 52-week low of $34.74. The 50-Day Moving Average of the stock is -6.12%, while the 200-Day Moving Average is calculated to be -3.21%.
Shares Statistics:
QGEN traded an average of 1.27M shares per day over the past three months and 1086920 shares per day over the past ten days. A total of 226.45M shares are outstanding, with a floating share count of 221.24M. Insiders hold about 0.28% of the company’s shares, while institutions hold 76.32% stake in the company. Shares short for QGEN as of 1727654400 were 4004614 with a Short Ratio of 3.15, compared to 1724976000 on 2980582. Therefore, it implies a Short% of Shares Outstanding of 4004614 and a Short% of Float of 2.3599999.
