Qiagen stock: buy or sell?

QGEN stock price: $36.47 3.93% At close on February 27th, 2020

Updated on:
February 27th, 2020

2

Qiagen shares crossed up the SMA line of 200 days today and closed at $36.47, climbed a 3.93%.

QIAGEN N.V. provides sample to insight solutions that transform biological materials into molecular insights worldwide. It offers sample technologies for plasmid deoxyribonucleic acid (DNA) purification, ribonucleic acid purification and stabilization, genomic and viral nucleic acid purification, DNA cleanup after polymerase chain reaction (PCR) and sequencing, and library preparation for sequencing applications; and assay technology solutions.

Should I buy Qiagen stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Just 1 of our buy setups matches with Qiagen stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is Qiagen stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't detect any rating for QGEN stock for the last 30 days.

Qiagen stock analysis

Daily outlook

Qiagen shares broke up the SMA line of 200 days today and closed at $36.47, climbed a 3.93%.

Qiagen broke up the simple moving average line of 200d today and closed at $36.47, climbed a 3.93%. Since December when SMA50d and SMA100d crossed up, QGEN price slipped $-4.69 per share (-11.39%).

QGEN stock chart (daily)

Weekly outlook

Qiagen closed this week at $36.47 and dropped a rough -2.43%.

Since mid February when QGEN stock price broke up the SMA40w line, it gained $0.99 (2.79%).

QGEN stock chart (weekly)

Qiagen stock price history

Qiagen stock went public on June 28th, 1996 with a price of $1.931. Since then, QGEN stock grew a 1,789.60%, with a yearly average of 77.80%. If you had invested $1,000 in Qiagen stock in 1996, it would worth $17,896.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Qiagen stock historical price chart

QGEN stock reached 52-week highs on December at $43.16, and all-time highs 2000-07-17 with a price of 58.18.

Qiagen stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' QGEN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for Qiagen stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since May, when Qiagen published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
QGEN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.3n/a
2017-Q2-n/a0.1n/a
2017-Q32017-11-060.320.320.0%
2017-Q42018-01-310.410.434.9%
2018-Q12018-05-020.240.268.3%
2018-Q22018-07-310.320.333.1%
2018-Q32018-10-290.330.356.1%
2018-Q42019-02-040.40.40.0%
2019-Q12019-05-010.26n/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a decent gain of 5.95% to $1,501.85 M USD. Instead, its profit margin (compared to sales) jumped to 12.68%, that is $190.38 million.

To have an updated picture of the financial situation of Qiagen, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Qiagen TTM sales up to were $1,158.28 and income was $158.09 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Qiagen business evolution since December 2018: Annual sales up to , compared to lastest yearly report, plunged a hair-raising -22.88%. Nonetheless, profit margin (net income/sales) remained constant at 12.68%.

QGEN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,300 M-$69 M5.3%-
2014$1,345 M3.44%$117 M8.7%68.86%
2015$1,281 M-4.74%$127 M9.9%8.98%
2016$1,338 M4.45%$80 M6.0%-36.74%
2017$1,418 M5.95%$40 M2.8%-49.76%
2018$1,502 M5.95%$190 M12.7%371.31%
TTM $1,158 M-22.88%$158 M13.6%-16.96%

Quarterly financial results

Qiagen reported million in sales for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was 15.12%. When comparing sales to same quarter last year, Qiagen sales marked a dreadful drop down and collapsed a -100.00%.
QGEN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$308 M-$18 M5.7%-
2017-Q2$349 M13.42%$14 M4.0%-20.96%
2017-Q3$364 M4.29%$48 M13.3%247.56%
2017-Q4$397 M9.04%$-40 M-10.0%-181.87%
2018-Q1$344 M-13.43%$32 M9.4%-181.36%
2018-Q2$377 M9.79%$37 M9.8%14.00%
2018-Q3$378 M0.19%$60 M16.0%63.85%
2018-Q4$403 M6.68%$61 M15.1%1.04%

Qiagen ownership

When you are planning to buy a stock, it's always 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 Qiagen, 2.74% of all outstanding shares are owned by its staff.

In case of Qiagen stock, 72.11% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for QGEN stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

QGEN
Market cap$8.3 B
Total shares227.8 M
Float shares219.7 M
  - Institutional holdings (%)72.1%
  - Insider holdings (%)2.7%
Shares in short selling0.0%

Qiagen summary

Thursday, February 27th, 2020
Open$36.07
Close$36.47
Day range$35.84 - $37.60
Previous close$35.09
Session gain3.93%
Average true range$0.84
50d mov avg$35.85
100d mov avg$35.18
200d mov avg$36.10
Daily pattern
Weekly pattern lb11c

Qiagen performance

To better understand Qiagen performance you must compare its gains with other related stocks in same sector or industry. We compared Qiagen against in the following table:
Stock3m6m12m
QGENQiagen-14.79%5.13%-7.08%

Qiagen competitors

Unfortunately, we could not find any public company that could be defined as Qiagen competitor. This doesn't mean Qiagen does not have any competitor in the market, it's just we could not detected it.