Qiagen NV (NYSE: QGEN) is -3.29% 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 $42.32 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $43.06, the stock is 5.72% and 7.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 1.75% at the moment leaves the stock -0.05% off its SMA200. QGEN registered 4.48% gain for a year compared to 6-month loss of 2.25%. The firm has a 50-day simple moving average (SMA 50) of $39.9002 and a 200-day simple moving average (SMA200) of $43.08655.
The stock witnessed a 8.55% gain in the last 1 month and extending the period to 3 months gives it a -6.03%, and is 3.91% 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 2.12% over the week and 3.07% over the month.
Qiagen NV (QGEN) has around 5765 employees, a market worth around $9.31B and $1.98B in sales. Current P/E ratio is 115.91 and Fwd P/E is 17.38. Profit margin for the company is 4.23%. Distance from 52-week low is 14.43% and -10.15% from its 52-week high. The company has generated returns on investments over the last 12 months (1.67%).
with sales reaching $475.23M over the same period.The EPS is expected to grow by 2.05% this year, but quarterly earnings will post 3.04% year-over-year. Quarterly sales are estimated to grow 3.58% in year-over-year returns.
569.0 institutions hold shares in Qiagen NV (QGEN), with institutional investors hold 63.76% 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 62.56% 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 3.8775 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.
