QuidelOrtho Corporation (QDEL)

NASDAQ: QDEL · IEX Real-Time Price · USD
47.94
-0.32 (-0.66%)
At close: Mar 28, 2024, 4:00 PM
45.75
-2.20 (-4.58%)
After-hours: Mar 28, 2024, 6:08 PM EDT

Total Valuation

QuidelOrtho has a market cap or net worth of $3.23 billion. The enterprise value is $5.65 billion.

Market Cap 3.23B
Enterprise Value 5.65B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

QuidelOrtho has 66.85 million shares outstanding. The number of shares has increased by 16.38% in one year.

Shares Outstanding 66.85M
Shares Change (YoY) +16.38%
Shares Change (QoQ) -0.15%
Owned by Insiders (%) 7.15%
Owned by Institutions (%) 100.63%
Float 50.59M

Valuation Ratios

PE Ratio n/a
Forward PE 17.94
PS Ratio 1.08
Forward PS 1.12
PB Ratio 0.65
P/FCF Ratio 38.32
PEG Ratio 7.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.82, with an EV/FCF ratio of 66.99.

EV / Earnings n/a
EV / Sales 1.89
EV / EBITDA 9.82
EV / EBIT 47.71
EV / FCF 66.99

Financial Position

The company has a current ratio of 1.57, with a Debt / Equity ratio of 0.52.

Current Ratio 1.57
Quick Ratio 0.56
Debt / Equity 0.52
Debt / EBITDA 4.49
Debt / FCF 30.66
Interest Coverage 0.80

Financial Efficiency

Return on equity (ROE) is -0.20%.

Return on Equity (ROE) -0.20%
Return on Assets (ROA) -0.10%
Return on Capital (ROIC) n/a
Revenue Per Employee $422,225
Profits Per Employee -$1,423
Employee Count 7,100
Asset Turnover 0.35
Inventory Turnover 2.73

Taxes

Income Tax -19.00M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -45.19% in the last 52 weeks. The beta is 0.11, so QuidelOrtho's price volatility has been lower than the market average.

Beta (1Y) 0.11
52-Week Price Change -45.19%
50-Day Moving Average 55.16
200-Day Moving Average 69.73
Relative Strength Index (RSI) 45.02
Average Volume (30 Days) 1,017,836

Short Selling Information

The latest short interest is 2.44 million, so 3.65% of the outstanding shares have been sold short.

Short Interest 2.44M
Short Previous Month 2.37M
Short % of Shares Out 3.65%
Short % of Float 4.83%
Short Ratio (days to cover) 1.70

Income Statement

In the last 12 months, QuidelOrtho had revenue of $3.00 billion and -$10.10 million in losses. Loss per share was -$0.15.

Revenue 3.00B
Gross Profit 1.49B
Operating Income 139.10M
Pretax Income -29.10M
Net Income -10.10M
EBITDA 575.70M
EBIT 118.50M
Loss Per Share -$0.15
Full Income Statement

Balance Sheet

The company has $167.30 million in cash and $2.59 billion in debt, giving a net cash position of -$2.42 billion or -$36.20 per share.

Cash & Cash Equivalents 167.30M
Total Debt 2.59B
Net Cash -2.42B
Net Cash Per Share -$36.20
Equity / Book Value 5.01B
Book Value Per Share 74.88
Working Capital 476.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $280.20 million and capital expenditures -$195.80 million, giving a free cash flow of $84.40 million.

Operating Cash Flow 280.20M
Capital Expenditures -195.80M
Free Cash Flow 84.40M
FCF Per Share $1.26
Full Cash Flow Statement

Margins

Gross margin is 49.85%, with operating and profit margins of 4.64% and -0.34%.

Gross Margin 49.85%
Operating Margin 4.64%
Pretax Margin -0.97%
Profit Margin -0.34%
EBITDA Margin 19.20%
EBIT Margin 3.95%
FCF Margin 2.82%

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 -16.38%
Shareholder Yield -16.38%
Earnings Yield -0.31%
FCF Yield 2.61%
Dividend Details

Analyst Forecast

The average price target for QuidelOrtho is $61.60, which is 28.49% higher than the current price. The consensus rating is "Hold".

Price Target $61.60
Price Target Difference 28.49%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) 1.03%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 1.37 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.37
Piotroski F-Score 4