In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, QuidelOrtho Corporation (NASDAQ: QDEL) closed at $24.29 down -4.52% from its previous closing price of $25.44. In other words, the price has decreased by -$4.52 from its previous closing price. On the day, 1.4 million shares were traded. QDEL stock price reached its highest trading level at $25.53 during the session, while it also had its lowest trading level at $24.215.
Ratios:
For a deeper understanding of QuidelOrtho Corporation’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1642633216 and an Enterprise Value of 4212532480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 1.524 whereas that against EBITDA is 7.513.
Stock Price History:
The Beta on a monthly basis for QDEL is -0.03, which has changed by -0.42166668 over the last 52 weeks, in comparison to a change of 0.16821623 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 -16.34%, while the 200-Day Moving Average is calculated to be -32.35%.
Shares Statistics:
For the past three months, QDEL has traded an average of 1.62M shares per day and 1570460 over the past ten days. A total of 67.50M shares are outstanding, with a floating share count of 66.99M. Insiders hold about 0.93% of the company’s shares, while institutions hold 112.51% stake in the company. Shares short for QDEL as of 1752537600 were 6247245 with a Short Ratio of 3.85, compared to 1749772800 on 4065000. Therefore, it implies a Short% of Shares Outstanding of 6247245 and a Short% of Float of 15.39.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
