While Qiagen NV has underperformed by -3.11%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, QGEN rose by 0.61%, with highs and lows ranging from $47.92 to $39.02, whereas the simple moving average fell by -3.29% in the last 200 days.
On January 06, 2025, Morgan Stanley Downgraded Qiagen NV (NYSE: QGEN) to Equal-Weight. A report published by Jefferies on December 10, 2024, Upgraded its rating to ‘Buy’ for QGEN. HSBC Securities also Downgraded QGEN shares as ‘Hold’, setting a target price of $49 on the company’s shares in a report dated October 17, 2024. Wells Fargo initiated its ‘Equal Weight’ rating for QGEN, as published in its report on December 19, 2023. Goldman also rated the stock as ‘Buy’.
Analysis of Qiagen NV (QGEN)
Further, the quarter-over-quarter increase in sales is 5.46%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Qiagen NV’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 2.57% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.89, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and QGEN is recording an average volume of 989.41K. On a monthly basis, the volatility of the stock is set at 1.97%, whereas on a weekly basis, it is put at 1.77%, with a loss of -4.65% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.91, showing growth from the present price of $42.44, which can serve as yet another indication of whether QGEN is worth investing in or should be passed over.
How Do You Analyze Qiagen NV Shares?
A leading company in the Diagnostics & Research sector, Qiagen NV (QGEN) is based in the Netherlands. When comparing Qiagen NV shares with other companies under Healthcare, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 102.22, there is a growth in quarterly earnings of 25.82%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 72.77% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
QGEN shares are owned by institutional investors to the tune of 72.77% at present.
