Quest Diagnostics Incorporated Stock Price To Earning

DGX Stock

USD 163.59 0.30 0.18%

Quest Diagnostics Incorporated fundamentals help investors to digest information that contributes to Quest Diagnostics' financial success or failures. It also enables traders to predict the movement of Quest Stock. The fundamental analysis module provides a way to measure Quest Diagnostics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quest Diagnostics stock.

Short Long Term Debt Total Total Assets

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Quest Diagnostics Incorporated Company Price To Earning Analysis

Quest Diagnostics' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Quest Diagnostics Price To Earning

14.57 X

Most of Quest Diagnostics' fundamental indicators, such as Price To Earning, 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 Price To Earning 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 Price To Earning. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Long Term Debt	Property Plant Equipment	Good Will	Treasury Stock	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.91	0.86	0.67	0.94	0.99	0.87	0.4	0.82	0.92	0.96	0.57	0.96	-0.8	-0.58	0.35	0.78	0.37	0.27	-0.31	0.39	0.56	0.48	0.01
Total Stockholder Equity	0.99		0.86	0.88	0.71	0.95	0.96	0.87	0.31	0.78	0.91	0.94	0.59	0.95	-0.81	-0.59	0.42	0.78	0.4	0.33	-0.38	0.4	0.57	0.51	0.01
Net Debt	0.91	0.86		0.75	0.4	0.75	0.94	0.62	0.5	0.91	0.89	0.95	0.45	0.96	-0.75	-0.37	-0.02	0.65	0.24	0.16	-0.14	0.1	0.32	0.13	0.03
Retained Earnings	0.86	0.88	0.75		0.64	0.82	0.83	0.73	0.3	0.69	0.85	0.85	0.75	0.88	-0.91	-0.65	0.37	0.8	0.62	0.41	-0.27	0.38	0.7	0.45	-0.38
Accounts Payable	0.67	0.71	0.4	0.64		0.81	0.63	0.84	0.1	0.28	0.5	0.54	0.66	0.55	-0.44	-0.79	0.73	0.75	0.34	0.13	-0.5	0.58	0.77	0.85	-0.21
Net Receivables	0.94	0.95	0.75	0.82	0.81		0.91	0.93	0.29	0.68	0.85	0.85	0.61	0.87	-0.7	-0.66	0.49	0.74	0.32	0.22	-0.44	0.51	0.63	0.69	0.0
Total Liab	0.99	0.96	0.94	0.83	0.63	0.91		0.85	0.48	0.85	0.91	0.97	0.55	0.97	-0.77	-0.56	0.27	0.75	0.33	0.2	-0.22	0.38	0.53	0.44	0.01
Total Current Assets	0.87	0.87	0.62	0.73	0.84	0.93	0.85		0.4	0.54	0.7	0.75	0.58	0.73	-0.59	-0.75	0.64	0.75	0.39	0.22	-0.26	0.75	0.75	0.81	-0.05
Short Term Debt	0.4	0.31	0.5	0.3	0.1	0.29	0.48	0.4		0.3	0.49	0.33	0.18	0.37	-0.33	-0.4	0.0	0.28	0.27	0.06	0.58	0.43	0.35	0.08	-0.03
Common Stock	0.82	0.78	0.91	0.69	0.28	0.68	0.85	0.54	0.3		0.79	0.91	0.28	0.9	-0.72	-0.1	-0.16	0.44	0.23	0.15	-0.14	0.04	0.16	0.09	0.02
Intangible Assets	0.92	0.91	0.89	0.85	0.5	0.85	0.91	0.7	0.49	0.79		0.89	0.52	0.93	-0.83	-0.46	0.15	0.67	0.44	0.34	-0.2	0.24	0.45	0.3	-0.03
Long Term Debt	0.96	0.94	0.95	0.85	0.54	0.85	0.97	0.75	0.33	0.91	0.89		0.51	0.98	-0.82	-0.43	0.17	0.74	0.35	0.29	-0.31	0.25	0.43	0.34	-0.03
Property Plant Equipment	0.57	0.59	0.45	0.75	0.66	0.61	0.55	0.58	0.18	0.28	0.52	0.51		0.58	-0.45	-0.82	0.36	0.84	0.3	-0.07	-0.25	0.31	0.87	0.52	-0.68
Good Will	0.96	0.95	0.96	0.88	0.55	0.87	0.97	0.73	0.37	0.9	0.93	0.98	0.58		-0.83	-0.47	0.14	0.73	0.34	0.22	-0.28	0.21	0.47	0.31	-0.09
Treasury Stock	-0.8	-0.81	-0.75	-0.91	-0.44	-0.7	-0.77	-0.59	-0.33	-0.72	-0.83	-0.82	-0.45	-0.83		0.42	-0.28	-0.61	-0.68	-0.61	0.2	-0.28	-0.42	-0.23	0.12
Current Deferred Revenue	-0.58	-0.59	-0.37	-0.65	-0.79	-0.66	-0.56	-0.75	-0.4	-0.1	-0.46	-0.43	-0.82	-0.47	0.42		-0.69	-0.81	-0.33	-0.09	0.2	-0.68	-0.9	-0.73	0.37
Net Tangible Assets	0.35	0.42	-0.02	0.37	0.73	0.49	0.27	0.64	0.0	-0.16	0.15	0.17	0.36	0.14	-0.28	-0.69		0.5	0.43	0.44	-0.35	0.73	0.63	0.75	0.01
Long Term Debt Total	0.78	0.78	0.65	0.8	0.75	0.74	0.75	0.75	0.28	0.44	0.67	0.74	0.84	0.73	-0.61	-0.81	0.5		0.47	0.24	-0.33	0.41	0.81	0.57	-0.4
Capital Surpluse	0.37	0.4	0.24	0.62	0.34	0.32	0.33	0.39	0.27	0.23	0.44	0.35	0.3	0.34	-0.68	-0.33	0.43	0.47		0.74	0.1	0.39	0.52	0.29	-0.39
Long Term Investments	0.27	0.33	0.16	0.41	0.13	0.22	0.2	0.22	0.06	0.15	0.34	0.29	-0.07	0.22	-0.61	-0.09	0.44	0.24	0.74		-0.18	0.29	0.09	0.11	0.12
Short Long Term Debt	-0.31	-0.38	-0.14	-0.27	-0.5	-0.44	-0.22	-0.26	0.58	-0.14	-0.2	-0.31	-0.25	-0.28	0.2	0.2	-0.35	-0.33	0.1	-0.18		0.04	-0.06	-0.39	-0.14
Cash And Equivalents	0.39	0.4	0.1	0.38	0.58	0.51	0.38	0.75	0.43	0.04	0.24	0.25	0.31	0.21	-0.28	-0.68	0.73	0.41	0.39	0.29	0.04		0.66	0.81	-0.08
Net Invested Capital	0.56	0.57	0.32	0.7	0.77	0.63	0.53	0.75	0.35	0.16	0.45	0.43	0.87	0.47	-0.42	-0.9	0.63	0.81	0.52	0.09	-0.06	0.66		0.74	-0.61
Net Working Capital	0.48	0.51	0.13	0.45	0.85	0.69	0.44	0.81	0.08	0.09	0.3	0.34	0.52	0.31	-0.23	-0.73	0.75	0.57	0.29	0.11	-0.39	0.81	0.74		-0.2
Capital Stock	0.01	0.01	0.03	-0.38	-0.21	0.0	0.01	-0.05	-0.03	0.02	-0.03	-0.03	-0.68	-0.09	0.12	0.37	0.01	-0.4	-0.39	0.12	-0.14	-0.08	-0.61	-0.2

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Predict Quest Diagnostics

Quest Retained Earnings

Retained Earnings

9.27 Billion

At this time, Quest Diagnostics' Retained Earnings are fairly stable compared to the past year.

Based on the latest financial disclosure, Quest Diagnostics Incorporated has a Price To Earning of 14.57 times. This is 43.61% lower than that of the Health Care Providers & Services sector and 44.07% lower than that of the Health Care industry. The price to earning for all United States stocks is 49.27% higher than that of the company.

Quest Price To Earning 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 Price To Earning 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 price to earning 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	24.47 B
	Shares Outstanding	111.61 M
	Shares Owned By Insiders	0.43 %
	Shares Owned By Institutions	91.58 %
	Number Of Shares Shorted	2.38 M
	Price To Earning	14.57 X
	Price To Book	2.68 X
	Price To Sales	1.91 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	7.44 X
	Price To Earnings To Growth	1.91 X
	Target Price	167.36
	Number Of Employees	50 K
	Beta	0.89
	Market Capitalization	18.26 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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Additional Tools for Quest Stock Analysis

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.

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