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.
The price of QuidelOrtho Corporation (NASDAQ: QDEL) closed at $43.52 in the last session, down -4.79% from day before closing price of $45.71. In other words, the price has decreased by -$4.79 from its previous closing price. On the day, 0.6 million shares were traded. QDEL stock price reached its highest trading level at $45.8 during the session, while it also had its lowest trading level at $42.87.
Ratios:
We take a closer look at QDEL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.74.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 2927011840 and an Enterprise Value of 5560812544. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.974 whereas that against EBITDA is 9.481.
Stock Price History:
The Beta on a monthly basis for QDEL is 0.08, which has changed by -0.37336212 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, QDEL has reached a high of $71.57, while it has fallen to a 52-week low of $29.74. The 50-Day Moving Average of the stock is 2.95%, while the 200-Day Moving Average is calculated to be 6.26%.
Shares Statistics:
According to the various share statistics, QDEL traded on average about 983.28K shares per day over the past 3-months and 837290 shares per day over the past 10 days. A total of 67.20M shares are outstanding, with a floating share count of 66.30M. Insiders hold about 1.42% of the company’s shares, while institutions hold 96.18% stake in the company. Shares short for QDEL as of 1736899200 were 4139251 with a Short Ratio of 4.21, compared to 1734048000 on 3786480. Therefore, it implies a Short% of Shares Outstanding of 4139251 and a Short% of Float of 9.0.
