NASDAQ:QDELQuidel Stock Price, Forecast & News

Quidel's stock was trading at $89.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, QDEL shares have increased by 153.2% and is now trading at $227.04. View which stocks have been most impacted by Coronavirus.

5 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 2 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, August 13th 2020. View our earnings forecast for Quidel.

Quidel Co. (NASDAQ:QDEL) issued its earnings results 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 business had revenue of $174.65 million for the quarter, compared to analysts' expectations of $157.12 million. Quidel had a net margin of 15.73% and a return on equity of 23.69%. View Quidel's earnings history.

5 brokers have issued 1-year target prices for Quidel's shares. Their forecasts range from $75.00 to $170.00. On average, they expect Quidel's stock price to reach $117.00 in the next year. This suggests that the stock has a possible downside of 48.5%. View analysts' price targets for Quidel.

News stories about QDEL stock have been trending somewhat negative this week, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Quidel earned a news impact score of -1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Quidel.

Quidel saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,770,000 shares, a drop of 16.1% from the May 31st total of 2,110,000 shares. Based on an average trading volume of 932,400 shares, the days-to-cover ratio is presently 1.9 days. Approximately 4.8% of the shares of the company are sold short. 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."

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 $227.04.

Quidel has a market capitalization of $9.54 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]