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) announced its quarterly earnings data on Wednesday, May, 6th. The company reported $1.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.16. The business earned $174.65 million during the quarter, compared to analysts' expectations 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.

5 equities research analysts have issued 12-month price objectives for Quidel's stock. Their forecasts range from $75.00 to $170.00. On average, they expect Quidel's share price to reach $117.00 in the next twelve months. This suggests that the stock has a possible downside of 48.5%. View analysts' price targets for Quidel.

Press coverage about QDEL stock has trended negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Quidel earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press 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 decrease in short interest in June. As of June 15th, there was short interest totaling 1,770,000 shares, a decrease 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 currently 1.9 days. Currently, 4.8% 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."

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]