Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
QuidelOrtho Corporation (NASDAQ: QDEL) closed the day trading at $35.60 down -3.44% from the previous closing price of $36.87. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 0.61 million shares were traded. QDEL stock price reached its highest trading level at $36.74 during the session, while it also had its lowest trading level at $35.28.
Ratios:
For a better understanding of QDEL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.77.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on December 11, 2024, Upgraded its rating to Buy and sets its target price to $50 from $44 previously.
On December 10, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $43.
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 2401095168 and an Enterprise Value of 4982897152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.791 whereas that against EBITDA is 9.432.
Stock Price History:
The Beta on a monthly basis for QDEL is 0.41, which has changed by -0.26461476 over the last 52 weeks, in comparison to a change of 0.07903516 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 $29.74. The 50-Day Moving Average of the stock is -15.65%, while the 200-Day Moving Average is calculated to be -12.83%.
Shares Statistics:
Over the past 3-months, QDEL traded about 877.83K shares per day on average, while over the past 10 days, QDEL traded about 724220 shares per day. A total of 67.30M shares are outstanding, with a floating share count of 66.25M. Insiders hold about 1.77% of the company’s shares, while institutions hold 108.48% stake in the company. Shares short for QDEL as of 1740700800 were 4260845 with a Short Ratio of 4.85, compared to 1738281600 on 3412473. Therefore, it implies a Short% of Shares Outstanding of 4260845 and a Short% of Float of 9.229999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
