Previous close | 135.67 |
Open | 135.60 |
Bid | 132.80 x 800 |
Ask | 136.54 x 800 |
Day's range | 134.24 - 135.57 |
52-week range | 120.40 - 158.34 |
Volume | |
Avg. volume | 1,061,887 |
Market cap | 15.071B |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 19.61 |
EPS (TTM) | 6.86 |
Earnings date | 19 Jul 2023 - 24 Jul 2023 |
Forward dividend & yield | 2.84 (2.11%) |
Ex-dividend date | 10 Jul 2023 |
1y target est | 146.93 |
Investors need to pay close attention to Quest Diagnostics (DGX) stock based on the movements in the options market lately.
Quest Diagnostics (DGX) succeeds on contract wins in its reference and professional lab services offerings.
Option Care (OPCH) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Investors are optimistic about Quest Diagnostics (DGX) on the strength of the base business performance and its strategies to accelerate growth.
As one of the largest diagnostic companies in the United States, Quest Diagnostics (NYSE: DGX) is vitally important to the healthcare sector. Prior to the pandemic, Quest Diagnostics was already an impressive company, serving 1-in-3 American adults and half of the hospitals in the U.S. Thanks to its commitment to innovation, the company was able to quickly respond to the pandemic by launching five different types of COVID-19 tests. This provided a temporary boost to its growth prospects: Full-year revenue surged 14.3% in 2021 to $10.8 billion, and adjusted diluted earnings per share (EPS) soared 27.4% for the year to $14.24.
Here is your Pro Recap of the biggest analyst cuts you may have missed on InvestingPro since yesterday: downgrades at AMD, Comerica, Quest Diagnostics, Corox, and E2open. Advanced Micro Devices (NASDAQ:AMD) was skidding lower in the premarket Wednesday after sluggish Q2 guidance, which prompted Bank of America to downgrade it to Hold from Buy and to trim its price target to $95 from the prior $98. BofA sees a "range of headwinds" for the company, including "aggressive pricing/promotion pressure from main rival {Intel," as well as concerns on second-half data center growth, lackluster positioning in AI accelerators, and limited room for further expansion in its price-to-earnings multiple until revenue "re-accelerates back to historical levels."
Quest Diagnostics (DGX) base business registers growth in the first quarter of 2023.
Demand for routine diagnostic tests has picked up as an increasing number of people return to the healthcare system for routine care after delaying care during the pandemic. Healthcare giant Abbott Laboratories and hospital operator HCA Healthcare Inc last week sounded optimistic about demand for medical device procedures, routine diagnostic testing and consumer-based health products, as cases of COVID-19 infection decline.
Quest Diagnostics (DGX) delivered earnings and revenue surprises of 3.55% and 5.80%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Henry Schein's (HSIC) medical business is expected to have gained from improved U.S. patient traffic to physician offices, ultimate care sites and ambulatory surgical centers.
Quest Diagnostics' (DGX) first-quarter 2023 results are likely to reflect an impressive performance in its non-COVID-19 base business amid inflationary pressure and labor challenges.
Align Technology's (ALGN) first-quarter 2023 results are likely to witness impressive performance across its operating segments amid macroeconomic pressure.
Quest Diagnostics' (DGX) upgrade to advanced diagnostics and support services is likely to feature personalized patient access to service centers and mobile phlebotomists.
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Quest Diagnostics (DGX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Quest Diagnostics' (DGX) latest panels provide consumers a deeper look into their health, helping to prepare them for meaningful discussions with their healthcare providers
These services by Quest Diagnostics (DGX) are available to recipients and living donors across the United States (excluding Alaska and Hawaii), broadening access for both donor and patient.
Quest Diagnostics (DGX) now offers professional laboratory management services for nine of Northern Light Health's hospital laboratories.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Quest Diagnostics (DGX) is building strong platforms to focus on high-growth areas like molecular genomics and oncology.
This maker of diagnostics tests just announced that it will be sending more cash to its shareholders.
The Ensign Group (ENSG) buys two skilled nursing facilities in Colorado, aiming to expand its portfolio of nursing homes in the state.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors continue to be optimistic about Quest Diagnostics (DGX) on its accelerated growth strategy and improvements in base volumes.