Quidel Stock Analysis

Quidel Stock Analysis Notes

About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Quidel recorded a loss per share of 27.81. The entity last dividend was issued on the 29th of October 2010. QuidelOrtho Corporation focuses on the development and manufacture of diagnostic testing technologies across the continuum of healthcare testing needs. The company was founded in 1979 and is headquartered in San Diego, California. Quidelortho Corp operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 1600 people. To find out more about Quidel contact Douglas Bryant at 858 552 1100 or learn more at https://www.quidelortho.com.

Quidel Investment Alerts

Quidel Upcoming and Recent Events

Quidel Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.82 B.

Quidel Profitablity

The company has Profit Margin (PM) of (0.66) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 18th of January 2025, Quidel holds the Coefficient Of Variation of 2567.57, semi deviation of 2.63, and Risk Adjusted Performance of 0.0401. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quidel, as well as the relationship between them. Please check Quidel jensen alpha, as well as the relationship between the potential upside and skewness to decide if Quidel is priced some-what accurately, providing market reflects its current price of 41.74 per share. Given that Quidel has jensen alpha of 0.1181, we recommend you to check out Quidel's recent market performance to make sure the company can sustain itself at a future point.

Quidel Price Movement Analysis

Quidel Insider Trading Activities

Quidel Outstanding Bonds

Quidel Predictive Daily Indicators

Quidel Forecast Models

Quidel's time-series forecasting models are one of many Quidel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Quidel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Quidel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Quidel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Quidel. By using and applying Quidel Stock analysis, traders can create a robust methodology for identifying Quidel entry and exit points for their positions.

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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

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.