QuidelOrtho Corporation Share Price Target ‘$54.60’, now 76.1% Upside Potential

Broker Ratings
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QuidelOrtho Corporation with ticker code (QDEL) now have 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $64.00 and $40.00 and has a mean share price target at $54.60. (at the time of writing). Given that the stocks previous close was at $31.01 this would imply there is now a potential upside of 76.1%. There is a 50 day moving average of $40.00 and the 200 moving average now moves to $56.07. The company has a market capitalization of 2.07B. The stock price for the company is currently $30.86 USD

The potential market cap would be $3,638,972,602 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 $42.81 and a 1.32% 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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