Qiagen NV (NYSE: QGEN) is -11.60% lower on its value in year-to-date trading and has touched a low of $37.63 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 $39.65 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $39.36, the stock is 0.43% and -5.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.73% at the moment leaves the stock -9.14% off its SMA200. QGEN registered -10.82% loss for a year compared to 6-month loss of -13.79%. The firm has a 50-day simple moving average (SMA 50) of $41.7846 and a 200-day simple moving average (SMA200) of $43.32465.
The stock witnessed a 0.36% gain in the last 1 month and extending the period to 3 months gives it a -13.25%, and is 1.18% 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 1.22% over the week and 1.73% over the month.
Qiagen NV (QGEN) has around 5967 employees, a market worth around $8.57B and $1.98B in sales. Current P/E ratio is 105.95 and Fwd P/E is 15.95. Profit margin for the company is 4.23%. Distance from 52-week low is 4.60% and -17.87% from its 52-week high. The company has generated returns on investments over the last 12 months (1.70%).
with sales reaching $464.82M over the same period.The EPS is expected to grow by 1.31% this year, but quarterly earnings will post 3.20% year-over-year. Quarterly sales are estimated to grow 1.31% in year-over-year returns.
566.0 institutions hold shares in Qiagen NV (QGEN), with institutional investors hold 64.07% of the company’s shares. The shares outstanding are 216.12M, and float is at 215.96M with Short Float at 1.23%. Institutions hold 62.63% of the Float.
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 10.1591 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 5.2371 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.
