NASDAQ:QDEL

Quidel Stock Forecast, Price & News

$240.69

+7.08 (+3.03 %)

(As of 01/25/2021 11:45 AM ET)

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Today's Range

$237.50

Now: $240.69▼

$255.19

50-Day Range

$179.65

MA: $196.64▼

$218.49

52-Week Range

$72.99

Now: $240.69▼

$306.72

Volume35,461 shs

Average Volume1.09 million shs

Market Capitalization$10.13 billion

P/E Ratio28.25

Dividend YieldN/A

Beta0.45

Quidel Corporation develops, manufactures, and markets diagnostic testing solutions for applications in infectious diseases, cardiology, thyroid, women's and general health, eye health, gastrointestinal diseases, and toxicology worldwide. It offers Sofia and Sofia 2 fluorescent immunoassay systems; QuickVue, a lateral flow immunoassay products; and InflammaDry and AdenoPlus, a point-of-care products for the detection of infectious and inflammatory diseases and conditions of the eye. The company also provides Triage MeterPro, a portable testing platform that enables physicians to promote enhanced health outcomes, as well as the detection of certain drugs of abuse; Triage BNP test for use on Beckman Coulter lab analyzers; and Triage TOX drug screen, which provides results for the determination of the presence of drug and/or the major metabolites in urine. In addition, the company offers traditional cell lines, specimen collection devices, media, and controls for use in laboratories that culture and test for various human viruses, including respiratory and herpes family viruses; and cell-based products comprising tubes, shell vials, and multi-well plates. Further, it provides biomarkers, which include clinical and research products for the assessment of osteoporosis and the evaluation of bone resorption/formation; and enzyme linked immunosorbent assays and reagents for the detection of activation products. Additionally, it offers AmpliVue hand-held molecular diagnostic assay platform for the detection of the pathogen; Solana, an amplification and detection system; and Lyra molecular real-time polymerase chain reaction assays. The company markets its products through distributors and direct sales force for use in physician offices, hospitals, clinical laboratories, reference laboratories, leading universities, retail and urgent care clinics, pharmacies, and wellness screening centers. Quidel Corporation was founded in 1979 and is headquartered in San Diego, California.

MarketRank^™

Overall MarketRank^™

1.84 out of 5 stars

Medical Sector

114th out of 1,923 stocks

Diagnostic Substances Industry

2nd out of 32 stocks

1.2 Analyst's Opinion

Consensus Rating
Quidel has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $250.60, Quidel has a forecasted upside of 3.9% from its current price of $241.30.
Amount of Analyst Coverage
Quidel has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Quidel has received 407 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Quidel has received 363 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Quidel has received 52.86% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Quidel and other stocks. Vote “Outperform” if you believe QDEL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe QDEL will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Quidel does not currently pay a dividend.
Dividend Growth
Quidel does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Quidel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,967,260.00 in company stock.
Percentage Held by Insiders
Only 14.10% of the stock of Quidel is held by insiders.
Percentage Held by Institutions
84.04% of the stock of Quidel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Quidel are expected to grow by 103.72% in the coming year, from $18.55 to $37.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Quidel is 28.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Quidel is 28.32, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 35.64.
Price to Earnings Growth Ratio
Quidel has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Quidel has a P/B Ratio of 17.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Diagnostic substances

Sub-IndustryHealth Care Supplies

SectorMedical

Current SymbolNASDAQ:QDEL

Previous Symbol

CUSIP74838J10

CIK353569

Webwww.quidel.com

Phone858-552-1100

Employees1,250

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio2.70

Quick Ratio2.24

Price-To-Earnings

Trailing P/E Ratio28.25

Forward P/E Ratio12.98

P/E Growth0.21

Sales & Book Value

Annual Sales$534.89 million

Price / Sales18.93

Cash Flow$5.22 per share

Price / Cash Flow46.07

Book Value$13.44 per share

Price / Book17.91

Profitability

EPS (Most Recent Fiscal Year)$2.73

Net Income$72.92 million

Net Margins36.91%

Return on Equity63.31%

Return on Assets40.55%

Miscellaneous

Outstanding Shares42,068,000

Market Cap$10.13 billion

Next Earnings Date2/10/2021 (Estimated)

OptionableOptionable

$240.69

+7.08 (+3.03 %)

(As of 01/25/2021 11:45 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Quidel (NASDAQ:QDEL) Frequently Asked Questions

How has Quidel's stock been impacted by Coronavirus (COVID-19)?

Quidel's stock was trading at $89.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QDEL stock has increased by 168.6% and is now trading at $240.84.
View which stocks have been most impacted by COVID-19.

Is Quidel a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quidel in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Quidel stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QDEL, but not buy additional shares or sell existing shares.
View analyst ratings for Quidel or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Quidel?

Wall Street analysts have given Quidel a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Quidel wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Bryant's approval rating as Quidel's CEO?

47 employees have rated Quidel CEO Doug Bryant on Glassdoor.com. Doug Bryant has an approval rating of 76% among Quidel's employees.

When is Quidel's next earnings date?

Quidel is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Quidel.

How were Quidel's earnings last quarter?

Quidel Co. (NASDAQ:QDEL) posted its earnings results on Thursday, October, 29th. The company reported $5.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $4.31 by $1.47. The company earned $476.10 million during the quarter, compared to the consensus estimate of $445.30 million. Quidel had a net margin of 36.91% and a trailing twelve-month return on equity of 63.31%. The firm's revenue was up 276.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.70 EPS.
View Quidel's earnings history.

What guidance has Quidel issued on next quarter's earnings?

Quidel issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, January, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $808-810 million, compared to the consensus revenue estimate of $819.52 million.

What price target have analysts set for QDEL?

5 analysts have issued 12-month target prices for Quidel's stock. Their forecasts range from $90.00 to $363.00. On average, they expect Quidel's stock price to reach $250.60 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
View analysts' price targets for Quidel or view Wall Street analyst' top-rated stocks.

Who are some of Quidel's key competitors?

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

What other stocks do shareholders of Quidel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Quidel investors own include NVIDIA (NVDA), DocuSign (DOCU), Tesla (TSLA), PayPal (PYPL), Shopify (SHOP), Square (SQ), Teladoc Health (TDOC), Netflix (NFLX), Advanced Micro Devices (AMD) and Zoom Video Communications (ZM).

Who are Quidel's key executives?

Quidel's management team includes the following people:

Mr. Douglas C. Bryant, Pres, CEO & Director (Age 63, Pay $1.07M)
Mr. Randall J. Steward, Chief Financial Officer (Age 67, Pay $580.51k)
Mr. Robert J. Bujarski, Chief Operating Officer (Age 53, Pay $567.24k)
Mr. Ratan S. Borkar, Sr. VP of International Commercial Operations (Age 47, Pay $525.98k)
Dr. Werner Kroll, Sr. VP of R&D (Age 64, Pay $566.11k)
Ruben Argueta, Director of Investor Relations
Ms. Michelle A. Hodges, Sr. VP & Gen. Counsel
Mr. Michael Donald Abney Jr., Sr. VP of North American Sales & Distribution (Age 57)
Mr. Edward Keith Russell, Sr. VP of Bus. Devel. (Age 53)
Ms. Karen Gibson, Sr. VP of Information Systems & Bus. Transformation (Age 59)

What is Quidel's stock symbol?

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

Who are Quidel's major shareholders?

Quidel's stock is owned by a variety of retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.14%), Beacon Harbor Wealth Advisors Inc. (0.05%), Tributary Capital Management LLC (0.02%), Louisiana State Employees Retirement System (0.02%), Exchange Traded Concepts LLC (0.02%) and Denali Advisors LLC (0.02%). Company insiders that own Quidel stock include Charles P Slacik, Douglas C Bryant, Edward Keith Russell, Edward L Michael, Karen Gibson, Kenneth F Buechler, Mary Lake Ph D Polan, Matthew Strobeck, 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.

Which major investors are selling Quidel stock?

QDEL stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Tributary Capital Management LLC, State of Alaska Department of Revenue, Strs Ohio, and Beacon Harbor Wealth Advisors Inc.. Company insiders that have sold Quidel company stock in the last year include Edward Keith Russell, Mary Lake Ph D Polan, Michael Donald Jr Abney, Randall J Steward, Ratan S Borkar, Robert Joseph Bujarski, and Werner Kroll.
View insider buying and selling activity for Quidel or view top insider-selling stocks.

Which major investors are buying Quidel stock?

QDEL stock was purchased by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Kestra Advisory Services LLC, Exchange Traded Concepts LLC, Patten & Patten Inc. TN, New York State Teachers Retirement System, Crossmark Global Holdings Inc., Donaldson Capital Management LLC, and Sowell Financial Services LLC. Company insiders that have bought Quidel stock in the last two years include Douglas C Bryant, Edward L Michael, and Matthew Strobeck.
View insider buying and selling activity for Quidel or or view top insider-buying stocks.

How do I buy shares of Quidel?

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

What is Quidel's stock price today?

One share of QDEL stock can currently be purchased for approximately $240.84.

How big of a company is Quidel?

Quidel has a market capitalization of $10.13 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.

What is Quidel's official website?

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

How can I contact Quidel?

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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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