Quidel Corporation (NASDAQ:QDEL) changes shares on Monday trading session, with a change of 18.42% or $31.64 shares. The trading starts at $179.53 and closed at $171.80 throughout the day. The trading session low price was $178.475 and day high was $204.95 on Monday, June 15. After the session, the Healthcare sector daily volume shifted to 2.81 million while its average volume is 1.00M. In other hand, the QDEL market cap reached to $7.88B. While, its current target price is $203.44 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 30.14% and up 9.54% for month. Its quarterly performance was 174.18% above, while its half year performance is up 182.91%. QDEL yearly performance stood at positive 262.70% and rise 171.14% for year-to-date. Current recommendation for Quidel Corporation is 2.40.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. QDEL EPS (TTM) for 12-month is 2.05. EPS for this year is -0.50%, while for the next year its value is 7.93. Sales growth for the current quarter is 13.80 while its EPS Q/Q reached 55.20%. It has an EPS of 59.90% up for past five years and for the next five years will be up 7.20%.
Let’s take a look on the analyst recommendations on QDEL for the current month and previous month. For the current month, 3 of 5 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $158.00-$170.00. Average target price for QDEL was reached at $165.33.
The insider ownership moved to 8.90% and institutional holding shifted to 89.10%.
The company posted an EPS (TTM) of 2.05. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 1.01, while 0.36 EPS posted a year ago period. Analyst Estimated EPS for QDEL published in the report was 0.48-1.81 during the same period. Comparing with last year, the average estimated EPS was 0.36 which is lower than 1.22 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for QDEL rise 126.51% for period of 200 days. SMA for 50 days was 40.16% which is showing green signal, while SMA-20 was 20.00%. The moving average value for Quidel Corporation (QDEL) is 104.04 and 164.99 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in QDEL stock. On Jun 11, BRYANT DOUGLAS C, President & CEO, bought 5,000 trading shares at the cost of $160.33, which valued at 0.8 million. On May 22, Kroll Werner, SVP, R&D, sold 68,152 shares at the cost of $174.44, with total shares of 4,599. On May 20, Bujarski Robert Joseph, SVP, NA Comm Ops & Gen Counsel, sold 20,000 shares at the cost of 189.41. After this transaction, Bujarski Robert Joseph total shares reached to 13,383 which valued at 3.79 million.