QuidelOrtho Corporation – Consensus ‘hold’ rating and 42.3% Upside Potential

Broker Ratings
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QuidelOrtho Corporation which can be found using ticker (QDEL) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $64.00 and $38.00 with the average target price sitting at $51.50. Given that the stocks previous close was at $36.18 this is indicating there is a potential upside of 42.3%. It’s also worth noting that there is a 50 day moving average of $41.88 while the 200 day moving average is $42.47. The company has a market capitalization of 2.51B. The price for the stock stands currently at: $37.39 USD

The potential market cap would be $3,579,560,583 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $42.04 and a 1.04% return on assets.

QuidelOrtho Corporation is a vitro diagnostics company. The Company is engaged in the development and manufacturing of advanced technologies in diagnostic testing. Its capabilities include immunoassay and molecular testing, clinical chemistry and transfusion medicine. The Company’s business units include Labs, Molecular Diagnostics, Point of Care, and Transfusion Medicine. Its Labs business unit includes Virology, Specialty Products, Specialty Products, Immunodiagnostics, VITROS Platform, XT Platform, VITROS XT Platform, and VITROS Automation Solutions. Its Molecular Diagnostics business includes Lyra, Solana, and Savanna. It provides diagnostic testing solutions under various brand names, including AdenoPlus, BIOVUE, D, ELVIRA, ELVIS, FastPoint, FreshCells, InflammaDry, Lyra, MicroVue, Ortho, Ortho Clinical Diagnostics, Ortho Vision, Quidel, QuickVue, QuickVue+, QVue, ReadyCells, Savanna, Sofia, Solana, Thyretain, Triage, Virena, and Vitros.

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