QuidelOrtho Corporation (QDEL)
QuidelOrtho Statistics
Share Statistics
QuidelOrtho has 67.45M shares outstanding. The number of shares has increased by 0.61% in one year.
| Shares Outstanding | 67.45M |
| Shares Change (YoY) | 0.61% |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 66.25M |
| Failed to Deliver (FTD) Shares | 4.71K |
| FTD / Avg. Volume | 0.49% |
Short Selling Information
The latest short interest is 4.14M, so 6.15% of the outstanding shares have been sold short.
| Short Interest | 4.14M |
| Short % of Shares Out | 6.15% |
| Short % of Float | 6.24% |
| Short Ratio (days to cover) | 4.26 |
Valuation Ratios
The PE ratio is -1.46 and the forward PE ratio is 18.57. QuidelOrtho's PEG ratio is 0.
| PE Ratio | -1.46 |
| Forward PE | 18.57 |
| PS Ratio | 1.06 |
| Forward PS | 0.8 |
| PB Ratio | 0.99 |
| P/FCF Ratio | 35.62 |
| PEG Ratio | 0 |
Enterprise Valuation
QuidelOrtho Corporation has an Enterprise Value (EV) of 7.42B.
| EV / Earnings | -3.66 |
| EV / Sales | 2.67 |
| EV / EBITDA | -3.78 |
| EV / EBIT | -3.78 |
| EV / FCF | 89.38 |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.17.
| Current Ratio | 1.22 |
| Quick Ratio | 0.69 |
| Debt / Equity | 0.17 |
| Total Debt / Capitalization | 14.57 |
| Cash Flow / Debt | 0.16 |
| Interest Coverage | -10.41 |
Financial Efficiency
Return on equity (ROE) is -0.68% and return on capital (ROIC) is -54.04%.
| Return on Equity (ROE) | -0.68% |
| Return on Assets (ROA) | -0.32% |
| Return on Capital (ROIC) | -54.04% |
| Revenue Per Employee | $421,651.52 |
| Profits Per Employee | $-307,121.21 |
| Employee Count | 6,600 |
| Asset Turnover | 0.43 |
| Inventory Turnover | 2.8 |
Taxes
| Income Tax | -79.5M |
| Effective Tax Rate | 0.04 |
Stock Price Statistics
The stock price has increased by -25.24% in the last 52 weeks. The beta is 0.1, so QuidelOrtho's price volatility has been higher than the market average.
| Beta | 0.1 |
| 52-Week Price Change | -25.24% |
| 50-Day Moving Average | 40.28 |
| 200-Day Moving Average | 40.45 |
| Relative Strength Index (RSI) | 40.54 |
| Average Volume (20 Days) | 961.39K |
Income Statement
In the last 12 months, QuidelOrtho had revenue of 2.78B and earned -2.03B in profits. Earnings per share was -30.16.
| Revenue | 2.78B |
| Gross Profit | 1.29B |
| Operating Income | -1.96B |
| Net Income | -2.03B |
| EBITDA | -1.96B |
| EBIT | -1.96B |
| Earnings Per Share (EPS) | -30.16 |
Balance Sheet
The company has 98.3M in cash and 509M in debt, giving a net cash position of -410.7M.
| Cash & Cash Equivalents | 98.3M |
| Total Debt | 509M |
| Net Cash | -410.7M |
| Retained Earnings | 135.8M |
| Total Assets | 6.45B |
| Working Capital | 220.1M |
Cash Flow
In the last 12 months, operating cash flow was 83M and capital expenditures 0, giving a free cash flow of 83M.
| Operating Cash Flow | 83M |
| Capital Expenditures | 0 |
| Free Cash Flow | 83M |
| FCF Per Share | 1.24 |
Margins
Gross margin is 46.23%, with operating and profit margins of -70.46% and -72.84%.
| Gross Margin | 46.23% |
| Operating Margin | -70.46% |
| Pretax Margin | -76.59% |
| Profit Margin | -72.84% |
| EBITDA Margin | -70.46% |
| EBIT Margin | -70.46% |
| FCF Margin | 2.98% |
Dividends & Yields
QDEL does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -84.15% |
| FCF Yield | 3.43% |
Analyst Forecast
The average price target for QDEL is $50, which is 39.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $50 |
| Price Target Difference | 39.5% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
Scores
| Altman Z-Score | -0.13 |
| Piotroski F-Score | 5 |