The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, QuidelOrtho Corporation’s stock clocked out at $33.55, down -5.52% from its previous closing price of $35.51. In other words, the price has decreased by -$5.52 from its previous closing price. On the day, 1.26 million shares were traded. QDEL stock price reached its highest trading level at $35.455 during the session, while it also had its lowest trading level at $33.53.
Ratios:
To gain a deeper understanding of QDEL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.76.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2268849152 and an Enterprise Value of 4838748160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.75 whereas that against EBITDA is 8.63.
Stock Price History:
The Beta on a monthly basis for QDEL is 0.16, which has changed by -0.23732668 over the last 52 weeks, in comparison to a change of 0.11241627 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 $23.77. The 50-Day Moving Average of the stock is 5.06%, while the 200-Day Moving Average is calculated to be -15.29%.
Shares Statistics:
It appears that QDEL traded 1.38M shares on average per day over the past three months and 2621190 shares per day over the past ten days. A total of 67.50M shares are outstanding, with a floating share count of 66.28M. Insiders hold about 1.99% of the company’s shares, while institutions hold 111.13% stake in the company. Shares short for QDEL as of 1745971200 were 4285310 with a Short Ratio of 3.10, compared to 1743379200 on 4058741. Therefore, it implies a Short% of Shares Outstanding of 4285310 and a Short% of Float of 10.6000006.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
