Quest Diagnostics Incorporated Stock Current Valuation
| DGX Stock | USD 163.89 2.57 1.59% |
Valuation analysis of Quest Diagnostics helps investors to measure Quest Diagnostics' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to rise to about 10.2 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 7.35 in 2024. Fundamental drivers impacting Quest Diagnostics' valuation include:
Price Book 2.6418 | Enterprise Value 24.2 B | Enterprise Value Ebitda 13.5921 | Price Sales 1.8876 | Forward PE 16.3399 |
Overvalued
Today
Please note that Quest Diagnostics' price fluctuation is very steady at this time. Calculation of the real value of Quest Diagnostics is based on 3 months time horizon. Increasing Quest Diagnostics' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Quest Diagnostics is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Quest Stock. However, Quest Diagnostics' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 163.89 | Real 141.17 | Target 146.31 | Hype 163.96 | Naive 161.85 |
The intrinsic value of Quest Diagnostics' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Quest Diagnostics' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Quest Diagnostics Incorporated helps investors to forecast how Quest stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Quest Diagnostics more accurately as focusing exclusively on Quest Diagnostics' fundamentals will not take into account other important factors: Quest Diagnostics Incorporated Company Current Valuation Analysis
Quest Diagnostics' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Quest Diagnostics Current Valuation | 24.19 B |
Most of Quest Diagnostics' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quest Diagnostics Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Quest Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Quest Diagnostics is extremely important. It helps to project a fair market value of Quest Stock properly, considering its historical fundamentals such as Current Valuation. Since Quest Diagnostics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quest Diagnostics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quest Diagnostics' interrelated accounts and indicators.
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Quest Current Valuation Historical Pattern
Today, most investors in Quest Diagnostics Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Quest Diagnostics' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Quest Diagnostics current valuation as a starting point in their analysis.
Quest Diagnostics Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Quest Diagnostics Incorporated has a Current Valuation of 24.19 B. This is 68.44% higher than that of the Health Care Providers & Services sector and 210.31% higher than that of the Health Care industry. The current valuation for all United States stocks is 45.53% lower than that of the firm.
Quest Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quest Diagnostics' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quest Diagnostics could also be used in its relative valuation, which is a method of valuing Quest Diagnostics by comparing valuation metrics of similar companies.Quest Diagnostics is currently under evaluation in current valuation category among its peers.
Quest Diagnostics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Quest Diagnostics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quest Diagnostics' managers, analysts, and investors.Environmental | Governance | Social |
Quest Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0566 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 24.19 B | ||||
| Shares Outstanding | 111.61 M | ||||
| Shares Owned By Insiders | 0.43 % | ||||
| Shares Owned By Institutions | 91.25 % | ||||
| Number Of Shares Shorted | 2.38 M | ||||
| Price To Earning | 14.57 X | ||||
| Price To Book | 2.64 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 9.25 B | ||||
| Gross Profit | 3.47 B | ||||
| EBITDA | 1.26 B | ||||
| Net Income | 850 M | ||||
| Cash And Equivalents | 315 M | ||||
| Cash Per Share | 6.15 X | ||||
| Total Debt | 5.37 B | ||||
| Debt To Equity | 0.73 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 60.80 X | ||||
| Cash Flow From Operations | 1.27 B | ||||
| Short Ratio | 3.02 X | ||||
| Earnings Per Share | 7.45 X | ||||
| Price To Earnings To Growth | 1.88 X | ||||
| Target Price | 167.11 | ||||
| Number Of Employees | 50 K | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 18.01 B | ||||
| Total Asset | 14.02 B | ||||
| Retained Earnings | 8.82 B | ||||
| Working Capital | 557 M | ||||
| Current Asset | 1.5 B | ||||
| Current Liabilities | 1.17 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.89 % | ||||
| Net Asset | 14.02 B | ||||
| Last Dividend Paid | 2.96 |
About Quest Diagnostics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quest Diagnostics Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quest Diagnostics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quest Diagnostics Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.