QuidelOrtho Corporation (QDEL)

QuidelOrtho Statistics

Total Valuation

QuidelOrtho has a market cap or net worth of $2.63 billion. The enterprise value is $5.29 billion.

Market Cap	2.63B
Enterprise Value	5.29B

Important Dates

The next confirmed earnings date is Thursday, November 7, 2024, after market close.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	n/a

Share Statistics

QuidelOrtho has 67.24 million shares outstanding. The number of shares has increased by 0.07% in one year.

Shares Outstanding	67.24M
Shares Change (YoY)	+0.07%
Shares Change (QoQ)	+0.30%
Owned by Insiders (%)	5.52%
Owned by Institutions (%)	86.89%
Float	51.57M

Valuation Ratios

PE Ratio	n/a
Forward PE	15.26
PS Ratio	0.92
Forward PS	0.94
PB Ratio	0.83
P/FCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.87
EV / EBITDA	8.97
EV / EBIT	40.46
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.44, with a Debt / Equity ratio of 0.87.

Current Ratio	1.44
Quick Ratio	0.65
Debt / Equity	0.87
Debt / EBITDA	4.29
Debt / FCF	n/a
Interest Coverage	0.69

Financial Efficiency

Return on equity (ROE) is -45.48% and return on invested capital (ROIC) is 1.20%.

Return on Equity (ROE)	-45.48%
Return on Assets (ROA)	1.07%
Return on Capital (ROIC)	1.20%
Revenue Per Employee	$399,239
Profits Per Employee	-$261,887
Employee Count	7,100
Asset Turnover	0.37
Inventory Turnover	2.58

Taxes

Income Tax	-127.10M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -39.18% in the last 52 weeks. The beta is 0.12, so QuidelOrtho's price volatility has been lower than the market average.

Beta (5Y)	0.12
52-Week Price Change	-39.18%
50-Day Moving Average	42.56
200-Day Moving Average	44.00
Relative Strength Index (RSI)	40.26
Average Volume (20 Days)	529,112

Short Selling Information

The latest short interest is 4.23 million, so 6.30% of the outstanding shares have been sold short.

Short Interest	4.23M
Short Previous Month	4.17M
Short % of Shares Out	6.30%
Short % of Float	8.21%
Short Ratio (days to cover)	6.26

Income Statement

In the last 12 months, QuidelOrtho had revenue of $2.83 billion and -$1.86 billion in losses. Loss per share was -$27.77.

Revenue	2.83B
Gross Profit	1.36B
Operating Income	130.80M
Pretax Income	-1.99B
Net Income	-1.86B
EBITDA	589.70M
EBIT	130.80M
Loss Per Share	-$27.77

Balance Sheet

The company has $107.20 million in cash and $2.77 billion in debt, giving a net cash position of -$2.66 billion or -$39.62 per share.

Cash & Cash Equivalents	107.20M
Total Debt	2.77B
Net Cash	-2.66B
Net Cash Per Share	-$39.62
Equity (Book Value)	3.17B
Book Value Per Share	47.30
Working Capital	408.90M

Cash Flow

In the last 12 months, operating cash flow was $23.30 million and capital expenditures -$193.40 million, giving a free cash flow of -$170.10 million.

Operating Cash Flow	23.30M
Capital Expenditures	-193.40M
Free Cash Flow	-170.10M
FCF Per Share	-$2.53

Margins

Gross margin is 47.89%, with operating and profit margins of 4.61% and -65.60%.

Gross Margin	47.89%
Operating Margin	4.61%
Pretax Margin	-70.08%
Profit Margin	-65.60%
EBITDA Margin	20.80%
EBIT Margin	4.61%
FCF Margin	-5.62%

Dividends & Yields

QuidelOrtho does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.07%
Shareholder Yield	-0.07%
Earnings Yield	-70.75%
FCF Yield	-6.47%

Analyst Forecast

The average price target for QuidelOrtho is $58.83, which is 50.50% higher than the current price. The consensus rating is "Buy".

Price Target	$58.83
Price Target Difference	50.50%
Analyst Consensus	Buy
Analyst Count	7
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

QuidelOrtho has an Altman Z-Score of 1.34 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.34
Piotroski F-Score	5