Quidel Stock Performance
| QDEL Stock | USD 41.35 0.25 0.60% |
The company holds a Beta of 1.3, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Quidel will likely underperform. At this point, Quidel has a negative expected return of -0.12%. Please make sure to check Quidel's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Quidel performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Quidel has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's technical and fundamental indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
Actual Historical Performance (%)
One Day Return (0.60) | Five Day Return 7.4 | Year To Date Return (44.67) | Ten Year Return 64.68 | All Time Return 706.83 |
1 | A Biotech Breakout Will Be Led By Small Caps | 09/23/2024 |
2 | Disposition of 0 shares by Michelle Hodges of Quidel subject to Rule 16b-3 | 10/15/2024 |
3 | Disposition of 1290 shares by Carlyle Group Inc. of Quidel at 35.3292 subject to Rule 16b-3 | 10/22/2024 |
4 | Analysts Estimate QuidelOrtho to Report a Decline in Earnings What to Look Out for | 10/31/2024 |
5 | QuidelOrtho Corp Q3 2024 Earnings Call Highlights Strategic Initiatives Drive Growth ... | 11/08/2024 |
6 | Rubric Capital Management LP Acquires Shares in QuidelOrtho Corp | 11/14/2024 |
7 | Acquisition by Michelle Hodges of 16047 shares of Quidel subject to Rule 16b-3 | 11/18/2024 |
8 | Carlyle Sells QuidelOrtho Shares, Analyst Sees Overhang Lifted | 11/20/2024 |
9 | Disposition of 8260183 shares by Carlyle Group Inc. of Quidel at 35.314 subject to Rule 16b-3 | 11/21/2024 |
10 | QuidelOrtho Co. Major Shareholder Carlyle Group Inc. Sells 8,260,183 Shares of Stock | 11/22/2024 |
11 | Disposition of 238 shares by Michelle Hodges of Quidel subject to Rule 16b-3 | 11/29/2024 |
12 | QuidelOrtho Earns Hold Rating from Analysts at Jefferies Financial Group | 12/10/2024 |
| Begin Period Cash Flow | 292.9 M |
Quidel |
Quidel Relative Risk vs. Return Landscape
If you would invest 4,599 in Quidel on September 16, 2024 and sell it today you would lose (464.00) from holding Quidel or give up 10.09% of portfolio value over 90 days. Quidel is currently does not generate positive expected returns and assumes 3.0662% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of stocks are less volatile than Quidel, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Quidel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quidel's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quidel, and traders can use it to determine the average amount a Quidel's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0385
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| Negative Returns | QDEL |
Estimated Market Risk
| 3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Quidel is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Quidel by adding Quidel to a well-diversified portfolio.
Quidel Fundamentals Growth
Quidel Stock prices reflect investors' perceptions of the future prospects and financial health of Quidel, and Quidel fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Quidel Stock performance.
| Return On Equity | -0.46 | ||||
| Return On Asset | 0.0104 | ||||
| Profit Margin | (0.66) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 5.39 B | ||||
| Shares Outstanding | 67.26 M | ||||
| Price To Earning | 5.56 X | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 0.99 X | ||||
| Revenue | 2.99 B | ||||
| Gross Profit | 1.94 B | ||||
| EBITDA | 703.5 M | ||||
| Net Income | (10.1 M) | ||||
| Cash And Equivalents | 264 M | ||||
| Cash Per Share | 4.00 X | ||||
| Total Debt | 2.61 B | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 1.66 X | ||||
| Book Value Per Share | 47.42 X | ||||
| Cash Flow From Operations | 280.2 M | ||||
| Earnings Per Share | (27.81) X | ||||
| Market Capitalization | 2.78 B | ||||
| Total Asset | 8.56 B | ||||
| Retained Earnings | 2.19 B | ||||
| Working Capital | 476.7 M | ||||
| Current Asset | 240.66 M | ||||
| Current Liabilities | 30.83 M | ||||
About Quidel Performance
By examining Quidel's fundamental ratios, stakeholders can obtain critical insights into Quidel's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Quidel is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 140.28 | 86.10 | |
| Return On Capital Employed | 0.02 | 0.02 |
Things to note about Quidel performance evaluation
Checking the ongoing alerts about Quidel for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quidel help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quidel generated a negative expected return over the last 90 days | |
| Quidel has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.99 B. Net Loss for the year was (10.1 M) with profit before overhead, payroll, taxes, and interest of 1.94 B. | |
| Quidel has a frail financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: QuidelOrtho Earns Hold Rating from Analysts at Jefferies Financial Group |
- Analyzing Quidel's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Quidel's stock is overvalued or undervalued compared to its peers.
- Examining Quidel's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Quidel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quidel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quidel's stock. These opinions can provide insight into Quidel's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.