Quidel stock: buy or sell?
November 15th, 2019
Quidel Corporation develops, manufactures, and markets diagnostic testing solutions for applications primarily in infectious diseases, POC women's and general health, and gastrointestinal diseases.
Should I buy Quidel stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Quidel stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Quidel stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 6 ratings published for QDEL stock in the last 30 days. The general sentiment of these ratings is bullish for QDEL stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
Quidel stock analysis
After crossing up the simple moving average line of 200 days yesterday, Quidel closed at $64.19.
After crossing up the simple moving average line of 200 days yesterday, Quidel shares closed today at $64.19, climbed a 3.90%. QDEL broke out again over $62.32 after a 6.76% correction started on November/5.
Quidel rocketed a dazzling 7.79% this week. Late September QDEL plunged a spooky -6.54% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $70.00 resistance. This week QDEL price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
Quidel stock price history
Quidel stock went public on February 1st, 1991 with a price of $0.001. Since then, QDEL stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in Quidel stock in 1991, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Quidel stock historical price chart
QDEL stock reached 52-week highs on February at $70.31, and all-time highs 2018-08-31 with a price of 77.63.
Quidel stock price target is $71.60How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 5 price predictions for QDEL stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareQuidel presented exceptional results for 2018-Q4 on February. Quidel skyrocketed Earnings per Share (EPS) by 38.90%, beating experts consensus of $0.54. Quidel posted $0.75.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an outstanding gain of 88.05% to $522.29 million USD. Aligned with this, its profit margin (compared to sales) boosted to 14.20%, that is $74.18 million.
|2013||$175 M||-||$7.37 M4.2%||-|
|2014||$183 M||4.11%||$-7.07 M-3.9%||-195.98%|
|2015||$196 M||7.40%||$-6.08 M-3.1%||-14.07%|
|2016||$192 M||-2.31%||$-13.81 M-7.2%||127.14%|
|2017||$278 M||44.96%||$-8.17 M-2.9%||-40.87%|
|2018||$522 M||88.05%||$74 M14.2%||-1,008.55%|
Quarterly financial resultsQuidel posted $132.59 M in revenues for 2018-Q4, a 12.94% up compared to previous quarter. Reported quarter income marked $32.48 M with a profit margin of 24.50%. Profit margin rocketed a 15.28% compared to previous quarter when profit margin was 9.22%. When comparing revenues to same quarter last year, Quidel sales marked an astounding increase and skyrocketed a 15.40%. Looking back to recent quarterly results, Quidel posted 2 negative quarters in a row.
|2017-Q1||$74 M||-||$14 M19.4%||-|
|2017-Q2||$38 M||-48.07%||$-12 M-30.9%||-182.86%|
|2017-Q3||$51 M||32.99%||$-6 M-10.9%||-53.34%|
|2017-Q4||$115 M||125.74%||$-5 M-4.4%||-7.91%|
|2018-Q1||$169 M||47.22%||$34 M20.1%||-767.41%|
|2018-Q2||$103 M||-39.01%||$-3 M-3.0%||-109.06%|
|2018-Q3||$117 M||13.81%||$11 M9.2%||-451.82%|
|2018-Q4||$133 M||12.94%||$32 M24.5%||200.12%|
Quidel ownershipWhen you are planning to buy shares of a stock, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Quidel, 12.51% of all outstanding shares are owned by its staff.
Bearish positions for QDEL stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.7 B||$67.0 B||$102.7 B||$493.8 M||$10.1 B|
|Total shares||41.7 M||270.0 M||718.3 M||61.7 M||111.1 M|
|Float shares||37.9 M||269.9 M||637.3 M||55.1 M||103.2 M|
|- Institutional holdings (%)||92.4%||87.5%||79.9%||95.2%||97.8%|
|- Insider holdings (%)||12.5%||0.3%||11.4%||2.7%||0.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, November 15th, 2019|
|Day range||$62.38 - $64.60|
|Average true range||$2.34|
|50d mov avg||$61.04|
|100d mov avg||$59.92|
|200d mov avg||$60.91|
Quidel performanceTo better understand Quidel performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Quidel to Becton, Dickinson and, Danaher, OraSure Technologies, PerkinElmer, Thermo Fisher Scientific and Meridian Bioscience:
|TMOThermo Fisher Sci...||11.18%||17.38%||27.62%|