Qiagen NV (NYSE: QGEN) is -4.95% 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 $42.70 in the last trading session, with the day’s loss setting it -0.38%.
Currently trading at $42.32, the stock is -0.29% and 2.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing -0.89% at the moment leaves the stock -1.70% off its SMA200. QGEN registered -7.36% loss for a year compared to 6-month gain of 2.56%. The firm has a 50-day simple moving average (SMA 50) of $41.1092 and a 200-day simple moving average (SMA200) of $43.0551.
The stock witnessed a -0.05% loss in the last 1 month and extending the period to 3 months gives it a 9.72%, and is 2.84% 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 1.60% over the week and 1.97% over the month.
Qiagen NV (QGEN) has around 5765 employees, a market worth around $9.15B and $2.00B in sales. Current P/E ratio is 101.39 and Fwd P/E is 16.81. Profit margin for the company is 4.68%. Distance from 52-week low is 12.46% and -11.69% from its 52-week high. The company has generated returns on investments over the last 12 months (1.97%).
The EPS is expected to grow by 4.37% this year
636.0 institutions hold shares in Qiagen NV (QGEN), with institutional investors hold 80.32% of the company’s shares. The shares outstanding are 216.56M, and float is at 214.42M with Short Float at 2.35%. Institutions hold 79.03% 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.
