Qiagen NV (NYSE: QGEN) is -9.85% lower on its value in year-to-date trading and has touched a low of $39.02 and a high of $47.92 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 $39.28 in the last trading session, with the day’s gains setting it 0.86%.
Currently trading at $40.14, the stock is -8.89% and -9.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.66 million and changing 2.19% at the moment leaves the stock -8.48% off its SMA200. QGEN registered -9.76% loss for a year compared to 6-month gain of -11.28%. The firm has a 50-day simple moving average (SMA 50) of $44.5462 and a 200-day simple moving average (SMA200) of $43.8713.
The stock witnessed a -12.73% loss in the last 1 month and extending the period to 3 months gives it a -8.26%, and is -8.36% 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 2.12% over the week and 1.99% over the month.
Qiagen NV (QGEN) has around 5967 employees, a market worth around $8.74B and $1.98B in sales. Current P/E ratio is 108.05 and Fwd P/E is 16.19. Profit margin for the company is 4.23%. Distance from 52-week low is 2.86% and -16.24% from its 52-week high. The company has generated returns on investments over the last 12 months (1.70%).
with sales reaching $464.75M over the same period.The EPS is expected to grow by 1.64% this year, but quarterly earnings will post 3.83% year-over-year. Quarterly sales are estimated to grow 1.30% in year-over-year returns.
The shares outstanding are 216.12M, and float is at 215.95M with Short Float at 1.18%.
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.
