Quidel Stock Short Ratio

QDEL Stock  USD 41.35  0.25  0.60%   
Quidel fundamentals help investors to digest information that contributes to Quidel's financial success or failures. It also enables traders to predict the movement of Quidel Stock. The fundamental analysis module provides a way to measure Quidel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quidel stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Quidel Company Short Ratio Analysis

Quidel's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Quidel Short Ratio

    
  3.54 X  
Most of Quidel's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quidel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Quidel Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Quidel is extremely important. It helps to project a fair market value of Quidel Stock properly, considering its historical fundamentals such as Short Ratio. Since Quidel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quidel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quidel's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition

Quidel Price To Sales Ratio

Price To Sales Ratio

2.53

At this time, Quidel's Price To Sales Ratio is quite stable compared to the past year.
Based on the latest financial disclosure, Quidel has a Short Ratio of 3.54 times. This is 9.23% lower than that of the Health Care Equipment & Supplies sector and 12.81% lower than that of the Health Care industry. The short ratio for all United States stocks is 11.5% higher than that of the company.

Quidel Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quidel's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quidel could also be used in its relative valuation, which is a method of valuing Quidel by comparing valuation metrics of similar companies.
Quidel is currently under evaluation in short ratio category among its peers.

Quidel ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Quidel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quidel's managers, analysts, and investors.
Environmental
Governance
Social

Quidel Institutional Holders

Institutional Holdings refers to the ownership stake in Quidel that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Quidel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Quidel's value.
Shares
Jpmorgan Chase & Co2024-09-30
1.2 M
Newtyn Management Llc2024-09-30
1.2 M
Dimensional Fund Advisors, Inc.2024-09-30
1.1 M
Millennium Management Llc2024-09-30
1.1 M
Madison Avenue Partners, Lp2024-09-30
M
Geode Capital Management, Llc2024-09-30
920.7 K
Van Lanschot Kempen Investment Management Nv2024-09-30
890.9 K
Point72 Asset Management, L.p.2024-09-30
752.6 K
Charles Schwab Investment Management Inc2024-09-30
732.8 K
T. Rowe Price Investment Management,inc.2024-09-30
9.4 M
The Carlyle Group Inc2024-09-30
8.3 M

Quidel Fundamentals

About Quidel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quidel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quidel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quidel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out Quidel Piotroski F Score and Quidel Altman Z Score analysis.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quidel. If investors know Quidel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quidel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(27.81)
Revenue Per Share
42.04
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0104
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quidel's market value can be influenced by many factors that don't directly affect Quidel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.