Qiagen NV (NYSE: QGEN) is -6.93% 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 $41.53 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $41.44, the stock is 3.12% and 3.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.76 million and changing -0.22% at the moment leaves the stock -3.74% off its SMA200. QGEN registered 4.48% gain for a year compared to 6-month loss of -6.00%. The firm has a 50-day simple moving average (SMA 50) of $39.8608 and a 200-day simple moving average (SMA200) of $43.05625.
The stock witnessed a 4.25% gain in the last 1 month and extending the period to 3 months gives it a -8.45%, and is 0.02% 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 3.61% over the week and 2.87% over the month.
Qiagen NV (QGEN) has around 5765 employees, a market worth around $8.96B and $1.98B in sales. Current P/E ratio is 111.55 and Fwd P/E is 16.75. Profit margin for the company is 4.23%. Distance from 52-week low is 10.12% and -13.53% 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 1.75% this year
560.0 institutions hold shares in Qiagen NV (QGEN), with institutional investors hold 63.02% of the company’s shares. The shares outstanding are 216.12M, and float is at 214.41M with Short Float at 1.89%. Institutions hold 62.01% 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.
