QuidelOrtho Corporation Share Price Target ‘$56.00’, now 50.1% Upside Potential

Broker Ratings
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QuidelOrtho Corporation which can be found using ticker (QDEL) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $68.00 and $40.00 calculating the mean target share price we have $56.00. (at the time of writing). Given that the stocks previous close was at $37.32 and the analysts are correct then there would likely be a percentage uptick in value of 50.1%. It’s also worth noting that there is a 50 day moving average of $41.99 while the 200 day moving average is $58.95. The total market capitalization for the company now stands at 2.41B. The stock price is currently at: $35.97 USD

The potential market cap would be $3,614,754,408 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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