Qiagen NV [QGEN] stock prices are down -0.02% to $41.17 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QGEN shares have gain 0.15% over the last week, with a monthly amount drifted -7.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Qiagen NV [NYSE: QGEN] stock has seen the most recent analyst activity on December 19, 2023, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $44. On December 07, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $50 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $50 on September 12, 2023. Morgan Stanley upgraded its rating to a Overweight. In a note dated January 18, 2022, DZ Bank upgraded an Buy rating on this stock.
The stock price of Qiagen NV [QGEN] has been fluctuating between $34.74 and $47.69 over the past year. Currently, Wall Street analysts expect the stock to reach $54.56 within the next 12 months. Qiagen NV [NYSE: QGEN] shares were valued at $41.17 at the most recent close of the market. An investor can expect a potential return of 32.52% based on the average QGEN price forecast.
Analyzing the QGEN fundamentals
The Qiagen NV [NYSE:QGEN] reported sales of 1.97B for trailing twelve months, representing a surge of 2.24%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.81 points at the first support level, and at 40.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.60, and for the 2nd resistance point, it is at 42.03.
Ratios To Look Out For
It’s worth pointing out that Qiagen NV [NYSE:QGEN]’s Current Ratio is 1.99. As well, the Quick Ratio is 1.62, while the Cash Ratio is 0.62. Considering the valuation of this stock, the price to sales ratio is 4.64, the price to book ratio is 2.45 and price to earnings (TTM) ratio is 26.98.
