Quest Diagnostics Incorporated (NYSE:DGX) went up by 1.37% from its latest closing price when compared to the 1-year high value of $116.49 and move down -15.5%, while DGX stocks collected +2.14% of gains with the last five trading sessions.
Quest Diagnostics Incorporated (NYSE:DGX) Worth an Investment?
Quest Diagnostics Incorporated (NYSE: DGX) scored price to earnings ratio above its average ratio, recording 19.76 times of increase in earnings at the present.
DGX Market Performance
DGX stocks went up by 2.14% for the week, with the monthly jump of 4.25% and a quarterly performance of 14.74%, while its annual performance rate touched -9.14%. The simple moving average for the period of the last 20 days is 3.33% for DGX stocks with the simple moving average of 7.57% for the last 200 days.
Analysts’ Opinion on Quest Diagnostics Incorporated (NYSE:DGX)
Many brokerage firms have already submitted their reports for DGX stocks, with Jefferies repeating the rating for DGX shares by setting it to “Buy”. The predicted price for DGX socks in the upcoming period according to Jefferies is $107 based on the research report published on April 2, 2019.
Credit Suisse, on the other hand, stated in their research note that they expect to see DGX stock at the price of $91, previously predicting the value of $101. The rating they have provided for DGX stocks is “Neutral” according to the report published on March 18, 2019.
Argus gave “ Hold” rating to DGX stocks, setting the target price at $91 in the report published on January 31, 2019.
DGX Stocks 6.13% Far from 50 Day Moving Average
After a stumble in the market that brought DGX to its low price for the period of the last 52 weeks, Quest Diagnostics Incorporated was unable to take a rebound, for now settling with -13.42% of loss for the given period.
The stock volatility was left at 1.61%, however, within the period of a single month, the volatility rate increased by 1.27%, while the shares surge at the distance of +3.57% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +10.93% upper at the present time.
In the course of the last 5 trading sessions, DGX went up by +2.14%, which changed the moving average for the period of 200 days to the total of -8.73% of losses for the stock in comparison to the 20-day moving average settled at $97.79. In addition, Quest Diagnostics Incorporated saw 21.12% in overturn over the period of a single year with a tendency to cut further gains.
DGX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Quest Diagnostics Incorporated (DGX), starting from Davis J. E., who sold 47,574 shares at the price of $95.00 back on Apr 24. After this action, Rushing now owns 36,534 shares of Quest Diagnostics Incorporated, valued at $4,519,530 with the latest closing price.
Davis J. E., the EVP, General Diagnostics of Quest Diagnostics Incorporated, sold 8,000 shares at the value of $90.29 during a trade that took place back on Apr 08, which means that Davis J. E. is holding 36,534 shares at the value of $722,332 based on the most recent closing price.
DGX Stock Fundamentals
The current profitability levels are settled at +16.25 for the present operating margin and +34.30 for gross margin. The net margin for Quest Diagnostics Incorporated stands at +9.73. Total capital return value is set at 13.43, while invested capital returns managed to touch 8.47. Equity return holds the value 13.70%, with 6.40% for asset returns.
Based on Quest Diagnostics Incorporated (DGX), the company’s capital structure generated 76.51 points for debt to equity in total, while total debt to capital is set at the value of 43.35. Total debt to assets is settled at the value of 36.27 with long-term debt to equity ratio rests at 65.74 and long-term debt to capital is 37.24.
EBITDA value lies at +346.00 M with total debt to EBITDA carrying the value of 2.60. The value for Enterprise to Sales is 2.28 with debt to enterprise value settled at 0.26. The receivables turnover for Quest Diagnostics Incorporated is 7.74 with the total asset turnover at the value of 0.70. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.