Qiagen NV (NYSE: QGEN) is -4.44% lower on its value in year-to-date trading and has touched a low of $40.15 and a high of $49.30 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 $46.43 in the last trading session, with the day’s loss setting it -2.66%.
Currently trading at $43.77, the stock is -6.11% and -4.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing -5.73% at the moment leaves the stock -2.76% off its SMA200. QGEN registered -3.49% loss for a year compared to 6-month gain of -3.88%. The firm has a 50-day simple moving average (SMA 50) of $44.4572 and a 200-day simple moving average (SMA200) of $43.76735.
The stock witnessed a -5.46% loss in the last 1 month and extending the period to 3 months gives it a 2.42%, and is -9.94% down 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 2.58% over the week and 1.85% over the month.
Qiagen NV (QGEN) has around 5967 employees, a market worth around $9.53B and $1.97B in sales. Current P/E ratio is 105.42 and Fwd P/E is 18.65. Profit margin for the company is 4.73%. Distance from 52-week low is 9.03% and -11.22% from its 52-week high. The company has generated returns on investments over the last 12 months (1.90%).
with sales reaching $518.54M over the same period.The EPS is expected to grow by 3.99% this year, but quarterly earnings will post 0.72% year-over-year. Quarterly sales are estimated to grow 1.84% in year-over-year returns.
The shares outstanding are 221.85M, and float is at 221.23M with Short Float at 1.38%.
The top institutional shareholder in the company is MASSACHUSETTS FINANCIAL SERVICES CO /MA/ with over 23.2 million shares valued at $953.14 million. The investor’s holdings represent 10.4494 of the QGEN Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 11.96 million shares valued at $493.43 million to account for 5.3867 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.85 million shares representing 3.9882 and valued at over $363.79 million, while BLACKROCK INC. holds 3.436 of the shares totaling 7.63 million with a market value of $313.42 million.
