QDEL vs. NEOG, CLDX, NTLA, MYGN, LNTH, MOR, INDV, HIMS, IMCR, and CERT
Should you be buying QuidelOrtho stock or one of its competitors? The main competitors of QuidelOrtho include Neogen (NEOG), Celldex Therapeutics (CLDX), Intellia Therapeutics (NTLA), Myriad Genetics (MYGN), Lantheus (LNTH), MorphoSys (MOR), Indivior (INDV), Hims & Hers Health (HIMS), Immunocore (IMCR), and Certara (CERT). These companies are all part of the "medical" sector.
QuidelOrtho (NASDAQ:QDEL) and Neogen (NASDAQ:NEOG) are both mid-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, profitability, community ranking, media sentiment, institutional ownership, dividends, valuation and risk.
QuidelOrtho has higher revenue and earnings than Neogen. QuidelOrtho is trading at a lower price-to-earnings ratio than Neogen, indicating that it is currently the more affordable of the two stocks.
QuidelOrtho has a beta of 0.11, meaning that its stock price is 89% less volatile than the S&P 500. Comparatively, Neogen has a beta of 1.13, meaning that its stock price is 13% more volatile than the S&P 500.
99.0% of QuidelOrtho shares are owned by institutional investors. Comparatively, 96.7% of Neogen shares are owned by institutional investors. 1.0% of QuidelOrtho shares are owned by insiders. Comparatively, 0.7% of Neogen shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
In the previous week, QuidelOrtho had 21 more articles in the media than Neogen. MarketBeat recorded 28 mentions for QuidelOrtho and 7 mentions for Neogen. Neogen's average media sentiment score of 0.28 beat QuidelOrtho's score of 0.18 indicating that Neogen is being referred to more favorably in the news media.
QuidelOrtho presently has a consensus price target of $61.60, suggesting a potential upside of 52.48%. Neogen has a consensus price target of $22.50, suggesting a potential upside of 82.78%. Given Neogen's stronger consensus rating and higher possible upside, analysts clearly believe Neogen is more favorable than QuidelOrtho.
Neogen has a net margin of 0.17% compared to QuidelOrtho's net margin of -0.34%. QuidelOrtho's return on equity of 5.54% beat Neogen's return on equity.
QuidelOrtho received 109 more outperform votes than Neogen when rated by MarketBeat users. Likewise, 67.23% of users gave QuidelOrtho an outperform vote while only 57.19% of users gave Neogen an outperform vote.
Summary
QuidelOrtho beats Neogen on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding QDEL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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