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Quest Diagnostics (DGX)
NYSE:DGX
Quest Diagnostics (DGX) Stock Price & Analysis
846 Followers
DGX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$119.59 - $150.59
Previous Close$144.25
Volume1.28M
Average Volume (3M)902.06K
Market Cap
$16.06B
Enterprise Value$20.99B
Total Cash (Recent Filing)$271.00M
Total Debt (Recent Filing)$5.09B
Price to Earnings (P/E)19.5
Beta0.57
Next Earnings
Oct 22, 2024EPS Estimate
$2.28Last Dividend Ex-Date
Jul 08, 2024Dividend Yield2%
Share Statistics
EPS (TTM)7.41
Shares Outstanding111,091,574
10 Day Avg. Volume693,274
30 Day Avg. Volume902,062
Standard Deviation0.09
R-Squared0.28
Alpha0.00103
Financial Highlights & Ratios
Price to Book (P/B)-5.96
Price to Sales (P/S)6.75
Price to Cash Flow (P/CF)7.30
P/FCF Ratio7.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.25
Enterprise Value/Gross Profit6.88
Enterprise Value/Ebitda15.65
Forecast
1Y Price Target
$150.30Price Target Upside3.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Quest Diagnostics News
Bulls Say, Bears Say
Bulls Say
EarningsDGX’s 2Q EPS of $2.35 was ahead of forecast and Consensus on stronger revenues and profitability.
GuidanceDGX upped its 2024 EPS guidance by more than the beat, despite absorbing a headwind from IT outage/weather disruption.
Revenue GrowthRevenue growth was driven by the same metrics as the past few quarters: Increasing number of tests per requisition, new customers and continued strong payor mix.
Bears Say
EarningsStock trading down 4.3% indicates more pressure than initially thought.
MarginsGross margin of 33.6% was down 30 bps y/y compared to flat in 1Q.
RevenueThere is an expected revenue headwind from an IT outage and Hurricane Beryl in Texas in 3Q.
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Ownership Overview
1.77% Insiders
32.31% Mutual Funds
30.16% Other Institutional Investors
35.76% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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DGX FAQ
What was Quest Diagnostics’s price range in the past 12 months?
Quest Diagnostics lowest stock price was $119.59 and its highest was $150.59 in the past 12 months.
What is Quest Diagnostics’s market cap?
Currently, no data Available
When is Quest Diagnostics’s upcoming earnings report date?
Quest Diagnostics’s upcoming earnings report date is Oct 22, 2024 which is in 87 days.
How were Quest Diagnostics’s earnings last quarter?
Quest Diagnostics released its earnings results on Jul 23, 2024. The company reported $2.35 earnings per share for the quarter, beating the consensus estimate of $2.335 by $0.015.
Is Quest Diagnostics overvalued?
According to Wall Street analysts Quest Diagnostics’s price is currently Undervalued.
Does Quest Diagnostics pay dividends?
Quest Diagnostics pays a Quarterly dividend of $0.75 which represents an annual dividend yield of 2%. See more information on Quest Diagnostics dividends here
What is Quest Diagnostics’s EPS estimate?
Quest Diagnostics’s EPS estimate is $2.28.
How many shares outstanding does Quest Diagnostics have?
Quest Diagnostics has 111,317,210 shares outstanding.
What happened to Quest Diagnostics’s price movement after its last earnings report?
Quest Diagnostics reported an EPS of $2.35 in its last earnings report, beating expectations of $2.335. Following the earnings report the stock price went down -4.337%.
Which hedge fund is a major shareholder of Quest Diagnostics?
Among the largest hedge funds holding Quest Diagnostics’s share is Davis Selected Advisers. It holds Quest Diagnostics’s shares valued at 317M.
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Quest Diagnostics Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$150.30 (3.24% Upside)
$150.30 (3.24% Upside)
Blogger Sentiment
Bullish
DGX Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 143.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $60.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 8.2%
Last 30 Days ▲ 8.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.76%
12-Months-Change
Fundamentals
Return on Equity
13.00%
Trailing 12-Months
Asset Growth
3.40%
Trailing 12-Months
Company Description
Quest Diagnostics
Quest Diagnostics, Inc. engages in the provision fo diagnostic testing, information and services. It operates through the Diagnostic Information Services (DIS) and All Other segments. The DIS segment offers diagnostic information services to patients, clinicians, hospitals, health plans, and employers. The All Other segment consists of risk assessment services, healthcare information technology, diagnostic products, and clinical trials testing businesses. The company was founded in 1967 and is headquartered in Secaucus, NJ.
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DGX Earnings Call
Q2 2024
0:00 / 0:00
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DGX Revenue Breakdown
97.02% Diagnostic Information Services
2.98% All other operating segments
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DGX Stock 12 Month Forecast
Average Price Target
$150.30
▲(3.24% Upside)
Technical Analysis
Best Analysts Covering DGX
1 Year
1 Year Success Rate
25/37 ratings generated profit
1 Year Average Return
+6.88%
reiterated a buy rating 3 months ago
Copying Ann Hynes's trades and holding each position for 1 Year would result in 67.57% of your transactions generating a profit, with an average return of +6.88% per trade.
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