For its third fiscal quarter (ending September 30), QuidelOrtho Corporation (NASDAQ: QDEL) has reported a 58% increase in E.P.S. from $-0.19 a year ago to $-0.30 in the current quarter. For the latest four quarters through September 30, E.P.S. were $-27.82 versus $0.20 for the same period a year ago — a decline of -14010%.
Recent Price Action
QuidelOrtho Corporation (NASDAQ: QDEL) stock declined by -2.8% on 11/7/24. The shares closed at $38.85. Trading volume in this decline was normal. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, QDEL is expected to be Value Creation neutral.
QuidelOrtho has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. QuidelOrtho has a good Appreciation Score of 85 but a poor Power Rating of 21, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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