Quest Diagnostics, Inc (DGX) soared 0.16 in the last month: It’s impossible to believe the numbers

Quest Diagnostics, Inc (NYSE: DGX) kicked off on Tuesday, up 0.16% from the previous trading day, before settling in for the closing price of $158.20. Over the past 52 weeks, DGX has traded in a range of $123.04-$165.32.

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Annual sales at Healthcare sector company grew by 4.86% over the past five years. While this was happening, its average annual earnings per share was recorded 2.17%. With a float of $111.06 million, this company’s outstanding shares have now reached $112.00 million.

Let’s look at the performance matrix of the company that is accounted for 48000 employees. In terms of profitability, gross margin is 32.31%, operating margin of 13.94%, and the pretax margin is 11.67%.

Quest Diagnostics, Inc (DGX) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Quest Diagnostics, Inc is 0.50%, while institutional ownership is 89.55%. The most recent insider transaction that took place on Nov 29 ’24, was worth 5,731,302. In this transaction SVP & General Counsel of this company sold 35,146 shares at a rate of $163.07, taking the stock ownership to the 38,478 shares. Before that another transaction happened on Nov 27 ’24, when Company’s EVP, Regional Businesses sold 33,103 for $162.99, making the entire transaction worth $5,395,484. This insider now owns 68,412 shares in total.

Quest Diagnostics, Inc (DGX) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.50% during the next five years compared to 7.36% growth over the previous five years of trading.

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

Take a look at Quest Diagnostics, Inc’s (DGX) current performance indicators. Last quarter, stock had a quick ratio of 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85. Likewise, its price to free cash flow for the trailing twelve months is 17.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.45, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 9.73 in one year’s time.

Technical Analysis of Quest Diagnostics, Inc (DGX)

Quest Diagnostics, Inc (NYSE: DGX) saw its 5-day average volume 0.81 million, a negative change from its year-to-date volume of 0.91 million. As of the previous 9 days, the stock’s Stochastic %D was 17.44%. Additionally, its Average True Range was 2.71.

During the past 100 days, Quest Diagnostics, Inc’s (DGX) raw stochastic average was set at 75.15%, which indicates a significant increase from 20.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.31% in the past 14 days, which was lower than the 20.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $156.19, while its 200-day Moving Average is $144.69. Nevertheless, the first resistance level for the watch stands at $160.05 in the near term. At $161.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $163.29. If the price goes on to break the first support level at $156.81, it is likely to go to the next support level at $155.17. Assuming the price breaks the second support level, the third support level stands at $153.57.

Quest Diagnostics, Inc (NYSE: DGX) Key Stats

The company with the Market Capitalisation of 17.69 billion has total of 111,615K Shares Outstanding. Its annual sales at the moment are 9,252 M in contrast with the sum of 854,000 K annual income. Company’s last quarter sales were recorded 2,488 M and last quarter income was 226,000 K.