NASDAQ:QDELQuidel Stock Price, Forecast & News

Quidel's stock was trading at $89.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, QDEL stock has increased by 157.3% and is now trading at $230.79. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quidel in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Quidel.

Quidel is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Quidel.

Quidel Co. (NASDAQ:QDEL) released its quarterly earnings data on Wednesday, May, 6th. The company reported $1.15 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.99 by $0.16. The company had revenue of $174.65 million for the quarter, compared to analyst estimates of $157.12 million. Quidel had a return on equity of 23.69% and a net margin of 15.73%. View Quidel's earnings history.

Quidel updated its second quarter 2020 After-Hours earnings guidance on Monday, July, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $201-202 million, compared to the consensus revenue estimate of $178.91 million.

6 analysts have issued 1-year price objectives for Quidel's stock. Their forecasts range from $75.00 to $306.00. On average, they anticipate Quidel's share price to reach $161.83 in the next twelve months. This suggests that the stock has a possible downside of 29.9%. View analysts' price targets for Quidel.

News stories about QDEL stock have been trending somewhat positive this week, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Quidel earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Quidel.

Quidel saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,100,000 shares, an increase of 18.6% from the June 15th total of 1,770,000 shares. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 5.7% of the company's shares are short sold. View Quidel's Current Options Chain.

Some companies that are related to Quidel include Align Technology (ALGN), West Pharmaceutical Services (WST), Cooper Companies (COO), DENTSPLY SIRONA (XRAY), Haemonetics (HAE), Neogen (NEOG), ICU Medical (ICUI), STAAR Surgical (STAA), Merit Medical Systems (MMSI), Atrion (ATRI), Cerus (CERS), Meridian Bioscience (VIVO), OraSure Technologies (OSUR), Anika Therapeutics (ANIK) and Antares Pharma (ATRS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Quidel investors own include NVIDIA (NVDA), Shopify (SHOP), Netflix (NFLX), Teladoc Health (TDOC), Trade Desk (TTD), Alibaba Group (BABA), Gilead Sciences (GILD), Twilio (TWLO), Adobe (ADBE) and Okta (OKTA).

Quidel trades on the NASDAQ under the ticker symbol "QDEL."

Quidel's stock is owned by a variety of retail and institutional investors. Top institutional investors include Louisiana State Employees Retirement System (0.02%), Envestnet Asset Management Inc. (0.01%), Paragon Advisors LLC (0.01%), Symphony Financial Ltd. Co. (0.01%), Private Trust Co. NA (0.00%) and Harel Insurance Investments & Financial Services Ltd. (0.00%). Company insiders that own Quidel stock include Charles P Slacik, Douglas C Bryant, Edward Keith Russell, Karen Gibson, Kenneth F Buechler, Mary Lake Ph D Polan, Michael Donald Jr Abney, Randall J Steward, Ratan S Borkar, Robert Joseph Bujarski, Thomas D Brown and Werner Kroll. View institutional ownership trends for Quidel.

QDEL stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Paragon Advisors LLC, Symphony Financial Ltd. Co., Private Trust Co. NA, Harel Insurance Investments & Financial Services Ltd., Envestnet Asset Management Inc., and Sound Income Strategies LLC. View insider buying and selling activity for Quidel.

Shares of QDEL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of QDEL stock can currently be purchased for approximately $230.79.

Quidel has a market capitalization of $9.69 billion and generates $534.89 million in revenue each year. The company earns $72.92 million in net income (profit) each year or $2.73 on an earnings per share basis. Quidel employs 1,250 workers across the globe.

The official website for Quidel is www.quidel.com.

Quidel's mailing address is 9975 SUMMERS RIDGE ROAD, SAN DIEGO CA, 92121. The company can be reached via phone at 858-552-1100 or via email at [email protected]