Qiagen NV (NYSE: QGEN) is -10.12% 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 $39.50 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $40.02, the stock is 1.06% and -1.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 1.32% at the moment leaves the stock -7.18% off its SMA200. QGEN registered -5.80% loss for a year compared to 6-month loss of -12.17%. The firm has a 50-day simple moving average (SMA 50) of $40.7198 and a 200-day simple moving average (SMA200) of $43.12155.
The stock witnessed a 5.82% gain in the last 1 month and extending the period to 3 months gives it a -10.48%, and is 1.11% 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 1.67% over the week and 1.68% over the month.
Qiagen NV (QGEN) has around 5765 employees, a market worth around $8.71B and $1.98B in sales. Current P/E ratio is 107.73 and Fwd P/E is 16.17. Profit margin for the company is 4.23%. Distance from 52-week low is 6.35% and -16.49% from its 52-week high. The company has generated returns on investments over the last 12 months (1.67%).
The EPS is expected to grow by 1.50% this year
560.0 institutions hold shares in Qiagen NV (QGEN), with institutional investors hold 63.59% of the company’s shares. The shares outstanding are 216.12M, and float is at 215.96M with Short Float at 1.72%. Institutions hold 62.14% 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 3.3406 of the shares totaling 7.63 million with a market value of $313.42 million.
