QuidelOrtho Corp's fundamentals are relatively weak, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 80 out of 206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 18.88.In the medium term, the stock price is expected to trend down.The company has shown very weak stock market performance over the past month, in line with its fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of QuidelOrtho Corp is 5.71, ranking 187 out of 206 in the Healthcare Equipment & Supplies industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 619.80M, representing a year-over-year decrease of 10.54%, while its net profit experienced a year-over-year decrease of 622.83%.
Key Metrics
The current valuation score of QuidelOrtho Corp is 8.38, ranking 23 out of 206 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -0.58, which is -1737.73% below the recent high of 9.47 and -85394.90% above the recent low of -494.25.
The current earnings forecast score of QuidelOrtho Corp is 6.75, ranking 163 out of 206 in the Healthcare Equipment & Supplies industry. The average price target is 32.00, with a high of 60.00 and a low of 22.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of QuidelOrtho Corp is 5.96, ranking 163 out of 206 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 12.57 and the support level at 9.00, making it suitable for range-bound swing trading.
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The current institutional shareholding score of QuidelOrtho Corp is 10.00, ranking 1 out of 206 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 129.53%, representing a quarter-over-quarter increase of 4.67%. The largest institutional shareholder is PRFDX, holding a total of 903.09K shares, representing 1.32% of shares outstanding, with 1.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of QuidelOrtho Corp is 4.84, ranking 94 out of 206 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.74. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. QuidelOrtho Corp’s latest ESG disclosure leads the Healthcare Equipment & Supplies industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
