Qiagen N.V. (NYSE: QGEN) is -8.68% lower on its value in year-to-date trading and has touched a low of $40.38 and a high of $51.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QGEN stock was last observed hovering at around $45.93 in the last trading session, with the day’s loss setting it -0.39% off its average median price target of $55.00 for the next 12 months. It is also 26.55% off the consensus price target high of $62.00 offered by 20 analysts, but current levels are -7.15% lower than the price target low of $42.50 for the same period.
Currently trading at $45.54, the stock is 0.91% and -0.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing -0.85% at the moment leaves the stock -2.23% off its SMA200. QGEN registered -0.76% loss for a year compared to 6-month loss of -5.62%. The firm has a 50-day simple moving average (SMA 50) of $5.47 and a 200-day simple moving average (SMA200) of $15.79.
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The stock witnessed a 3.17% gain in the last 1 month and extending the period to 3 months gives it a -1.79%, and is 1.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.16% over the week and 1.10% over the month.
Qiagen N.V. (QGEN) has around 6178 employees, a market worth around $10.33B and $2.00B in sales. Current P/E ratio is 29.69 and Fwd P/E is 19.74. Profit margin for the company is 17.70%. Distance from 52-week low is 12.78% and -11.02% from its 52-week high. The company has generated returns on investments over the last 12 months (8.30%).
Qiagen N.V. (QGEN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Qiagen N.V. (QGEN) is a “Overweight”. 20 analysts offering their recommendations for the stock have an average rating of 2.50, where 10 rate it as a Hold and 1 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Qiagen N.V. is expected to release its quarterly report on 08/01/2023.The EPS is expected to shrink by -16.80% this year
Qiagen N.V. (QGEN) Top Institutional Holders
The shares outstanding are 229.82M, and float is at 226.94M with Short Float at 1.38%.
Qiagen N.V. (QGEN) Insider Activity
A total of 10 insider transactions have happened at Qiagen N.V. (QGEN) in the last six months, with sales accounting for 1 and purchases happening 9 times.
Qiagen N.V. (QGEN): Who are the competitors?
The company’s main competitors (and peers) include Rogers Corporation (ROG) that is trading -41.31% down over the past 12 months. Thermo Fisher Scientific Inc. (TMO) is -8.01% down on the 1-year trading charts.