Quest Diagnostics Price To Sales vs. Net Income
DGX Stock | USD 162.66 0.66 0.40% |
Quest Diagnostics Price To Sales Ratio |
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Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.44 | 0.32 |
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For Quest Diagnostics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Quest Diagnostics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Quest Diagnostics Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Quest Diagnostics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Quest Diagnostics Incorporated over time as well as its relative position and ranking within its peers.
Quest |
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quest Diagnostics. If investors know Quest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quest Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.015 | Dividend Share 2.96 | Earnings Share 7.45 | Revenue Per Share 85.744 | Quarterly Revenue Growth 0.084 |
The market value of Quest Diagnostics is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Quest Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quest Diagnostics' market value can be influenced by many factors that don't directly affect Quest Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quest Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Quest Diagnostics Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Quest Diagnostics's current stock value. Our valuation model uses many indicators to compare Quest Diagnostics value to that of its competitors to determine the firm's financial worth. Quest Diagnostics Incorporated is rated below average in price to sales category among its peers. It is rated # 3 in net income category among its peers making up about 475,143,904 of Net Income per Price To Sales. At this time, Quest Diagnostics' Price To Sales Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Quest Diagnostics' earnings, one of the primary drivers of an investment's value.Quest Net Income vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Quest Diagnostics |
| = | 1.91 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Quest Diagnostics |
| = | 908 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Quest Net Income Comparison
Quest Diagnostics is currently under evaluation in net income category among its peers.
Quest Diagnostics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Quest Diagnostics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Quest Diagnostics will eventually generate negative long term returns. The profitability progress is the general direction of Quest Diagnostics' change in net profit over the period of time. It can combine multiple indicators of Quest Diagnostics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | -14 M | -14.7 M | |
Operating Income | 1.3 B | 1.1 B | |
Income Before Tax | 1.1 B | 962.5 M | |
Total Other Income Expense Net | -132 M | -125.4 M | |
Net Income | 908 M | 649.1 M | |
Income Tax Expense | -248 M | -235.6 M | |
Net Income Applicable To Common Shares | 1.1 B | 758.9 M | |
Net Income From Continuing Ops | 819 M | 983.8 M | |
Non Operating Income Net Other | -12.7 M | -12 M | |
Interest Income | 9 M | 8.6 M | |
Net Interest Income | -144 M | -151.2 M | |
Change To Netincome | 169.1 M | 164.9 M | |
Net Income Per Share | 7.63 | 8.01 | |
Income Quality | 1.40 | 1.47 | |
Net Income Per E B T | 0.76 | 0.50 |
Quest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Quest Diagnostics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Quest Diagnostics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Quest Diagnostics' important profitability drivers and their relationship over time.
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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.