QuidelOrtho Corporation (NASDAQ:QDEL) has a beta value of 0.10 and has seen 1.32 million shares traded in the last trading session. The company, currently valued at $2.07B, closed the last trade at $30.67 per share which meant it lost -$0.08 on the day or -0.26% during that session. The QDEL stock price is -61.23% off its 52-week high price of $49.45 and 22.5% above the 52-week low of $23.77.
The consensus among analysts is that QuidelOrtho Corporation (QDEL) is Buy stock at the moment, with a recommendation rating of 1.90. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
QuidelOrtho Corporation (NASDAQ:QDEL) trade information
Sporting -0.26% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QDEL stock price touched $30.67 or saw a rise of 4.48%. Year-to-date, QuidelOrtho Corporation shares have moved -31.16%, while the 5-day performance has seen it change 1.62%. Over the past 30 days, the shares of QuidelOrtho Corporation (NASDAQ:QDEL) have changed 10.36%.
Wall Street analysts have a consensus price target for the stock at $110, which means that the shares’ value could jump 72.12% from current levels. The projected low price target is $50.0 while the price target rests at a high of $125.0. In that case, then, we find that the current price level is -307.56% off the targeted high while a plunge would see the stock gain -63.03% from current levels.
QuidelOrtho Corporation (QDEL) estimates and forecasts
The company’s shares have lost -25.49% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -2.47%.
8 analysts offering their estimates for the company have set an average revenue estimate of 612.36M for the current quarter. 8 have an estimated revenue figure of 694.96M for the next ending quarter. Year-ago sales stood 637M and 727.1M respectively for this quarter and the next, and analysts expect sales will shrink by -3.87% for the current quarter and -2.47% for the next.
Earnings growth for 2025 is a modest 28.99% while over the next 5 years, the company’s earnings are expected to increase by 31.81%.
QDEL Dividends
QuidelOrtho Corporation is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
QuidelOrtho Corporation (NASDAQ:QDEL)’s Major holders
The top two institutional holders are CARLYLE GROUP INC. with over 11.52 million shares worth more than $382.72 million. As of 2024-06-30, CARLYLE GROUP INC. held 17.1695% of shares outstanding.
The other major institutional holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC., with the holding of over 9.49 million shares as of 2024-06-30. The firm’s total holdings are worth over $315.42 million and represent 14.1502% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and T. Rowe Price Mid-Cap Growth Fund, Inc. . As of Apr 30, 2025 , the former fund manager holds about 5.91% shares in the company for having 4.0 shares of worth $122.57 million while later fund manager owns 3.27 shares of worth $100.15 million as of Dec 31, 2024 , which makes it owner of about 4.83% of company’s outstanding stock.
