Quest Diagnostics, Inc (DGX) poses a Brand-New Opportunity for Investors with beta value of 0.89

Quest Diagnostics, Inc (NYSE: DGX) flaunted slowness of -2.31% at $156.84, before settling in for the price of $160.55 at the close. Taking a more long-term approach, DGX posted a 52-week range of $123.04-$162.59.

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It was noted that the giant of the Healthcare sector posted annual sales growth of 4.86% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 7.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.20%. This publicly-traded company’s shares outstanding now amounts to $111.61 million, simultaneously with a float of $111.06 million. The organization now has a market capitalization sitting at $17.51 billion. At the time of writing, stock’s 50-day Moving Average stood at $153.85, while the 200-day Moving Average is $141.73.

Quest Diagnostics, Inc (DGX) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Quest Diagnostics, Inc industry. Quest Diagnostics, Inc’s current insider ownership accounts for 0.50%, in contrast to 88.49% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s SVP, Corp. Controller & CAO sold 18,755 shares at the rate of 154.05, making the entire transaction reach 2,889,123 in total value, affecting insider ownership by 34,941. Preceding that transaction, on Oct 28 ’24, Company’s SVP, Clinical Solutions sold 1,775 for 156.92, making the whole transaction’s value amount to 278,525. This particular insider is now the holder of 9,734 in total.

Quest Diagnostics, Inc (DGX) Earnings and Revenue Records

Quest Diagnostics, Inc’s EPS increase for this current 12-month fiscal period is 2.20% and is forecasted to reach 9.72 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.50% through the next 5 years, which can be compared against the 7.36% growth it accomplished over the previous five years trading on the market.

Quest Diagnostics, Inc (NYSE: DGX) Trading Performance Indicators

Let’s observe the current performance indicators for Quest Diagnostics, Inc (DGX). It’s Quick Ratio in the last reported quarter now stands at 1.17. The Stock has managed to achieve an average true range (ATR) of 3.11. Alongside those numbers, its PE Ratio stands at $21.05, and its Beta score is 0.89. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.84. Similarly, its price to free cash flow for trailing twelve months is now 17.11.

In the same vein, DGX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.45, a figure that is expected to reach 2.19 in the next quarter, and analysts are predicting that it will be 9.72 at the market close of one year from today.

Technical Analysis of Quest Diagnostics, Inc (DGX)

Now, what If we examine the latest scores posted by [Quest Diagnostics, Inc, DGX]. During the last 5-days, its volume was lower the volume of 0.92 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 72.61% While, its Average True Range was 3.15.

Raw Stochastic average of Quest Diagnostics, Inc (DGX) in the period of the previous 100 days is set at 78.80%, which indicates a major rise in contrast to 45.39% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 15.47% that was lower than 21.73% volatility it exhibited in the past 100-days period.