QuidelOrtho - QDEL Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for QuidelOrtho in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" QDEL shares.
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5 brokers have issued 1 year price targets for QuidelOrtho's stock. Their QDEL share price forecasts range from $86.00 to $173.00. On average, they expect the company's share price to reach $122.00 in the next year. This suggests a possible upside of 36.0% from the stock's current price.
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QuidelOrtho's stock was trading at $85.67 on January 1st, 2023. Since then, QDEL stock has increased by 4.7% and is now trading at $89.70.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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QuidelOrtho will be holding an earnings conference call on Wednesday, February 15th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

QuidelOrtho Co. (NASDAQ:QDEL) announced its quarterly earnings results on Thursday, November, 4th. The company reported $5.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.52 by $1.84. The company earned $509.70 million during the quarter, compared to analysts' expectations of $344.25 million. QuidelOrtho had a trailing twelve-month return on equity of 30.18% and a net margin of 26.67%. The business's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $5.68 earnings per share.

QuidelOrtho updated its FY 2022 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.04 billion-$4.05 billion, compared to the consensus revenue estimate of $3.23 billion.

47 employees have rated QuidelOrtho Chief Executive Officer Doug Bryant on Glassdoor.com. Doug Bryant has an approval rating of 76% among the company's employees.

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

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

QuidelOrtho's stock is owned by a number of retail and institutional investors. Top institutional shareholders include LGT Capital Partners LTD. (0.95%), Cannell & Co. (0.35%), New York State Common Retirement Fund (0.25%), Allspring Global Investments Holdings LLC (0.24%), Wedge Capital Management L L P NC (0.23%) and Private Management Group Inc. (0.20%). Insiders that own company stock include Charles P Slacik, Douglas C Bryant, Edward Keith Russell, Edward L Michael, Mary Lake Ph D Polan, Matthew Strobeck, Michael Donald Jr Abney, Randall J Steward, Ratan S Borkar, Robert Joseph Bujarski, Werner Kroll, William J Ferenczy and William J Ferenczy.
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Shares of QDEL stock 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.
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One share of QDEL stock can currently be purchased for approximately $89.70.

QuidelOrtho (NASDAQ:QDEL) has a market capitalization of $5.92 billion and generates $1.70 billion in revenue each year. The company earns $704.23 million in net income (profit) each year or $18.80 on an earnings per share basis.

The company employs 1,600 workers across the globe.

QuidelOrtho's mailing address is 9975 SUMMERS RIDGE ROAD, SAN DIEGO CA, 92121. The official website for the company is www.quidel.com. The company can be reached via phone at (800) 874-1517, via email at rargueta@quidel.com, or via fax at 858-453-4338.