WallStreetZenWallStreetZen

How to Buy Quest Diagnostics Stock

Quest Diagnostics Inc

Quest Diagnostics is a diagnostic & research company located in New Jersey, United States, which is part of the Healthcare sector, and is traded under the ticker DGX on the NYSE exchange.

Quest Diagnostics stock last closed at $148.48, down 0.08% from the previous day, and has increased 6.13% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.02 percentage points. Quest Diagnostics stock is currently +24.16% from its 52-week low of $119.59, and -1.4% from its 52-week high of $150.59.

At the moment, there are 111.09M DGX shares outstanding. The market capitalization of DGX is $16.49B. In the last 24 hours, 769,780 DGX shares were traded.

How to Buy Quest Diagnostics Stock

Wondering how to invest in Quest Diagnostics stock? Here's how.
  1. Figure out where to buy Quest Diagnostics stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Quest Diagnostics stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Pick your method of payment and add your details.
  4. Analyze Quest Diagnostics stock: The Quest Diagnostics ticker symbol is DGX. Is Quest Diagnostics stock a good investment? Should you buy shares of DGX? How do DGX's underlying business fundamentals look? Do top analysts think Quest Diagnostics is a good buy? Why has DGX's stock price moved recently? (Hint: Our stock research tools can help you evaluate if DGX is a good stock to buy).
  5. Place your DGX trade: Decide if you will purchase DGX shares at the current market price or use a limit order to buy DGX stock at a particular price.
  6. Get the latest scoop on your DGX investment: Create a watchlist to get the latest news on your investment in Quest Diagnostics shares.

Step 1: Figure out where to buy Quest Diagnostics stock

You need an online brokerage account in order to access the NYSE market and buy DGX stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to world financial markets: From Tech to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you can invest in DGX stock today.

How to Start a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to open your new trading account.
  1. Send your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Check out the walkthrough below for more details depositing funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Quest Diagnostics stock

After you have decided on the best place to buy Quest Diagnostics stock, it's absolutely critical to analyze their stock prior to investing, so you can comprehend the risk as well as the upside.

Quest Diagnostics shares quick numbers

DGX Price
$148.48
1w %
5.72%
1y %
6.13%
5y %
48.24%
P/E
19.72x
P/B
2.56x
P/S
1.77x
PEG
1.8x
Revenue
$9.29B
Earnings
$846.00M
Fore. Rev. Growth
3.4%
Fore. Earn. Growth
10.94%
Market Cap
$16.49B
Next Earnings
Jul 23, 2024
Next Dividend
Jul 22, 2024

Fundamentals of DGX

WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on DGX's stock page.

Is DGX stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DGX's true value.

Using relative valuations metrics:

  • DGX may be undervalued based on its P/E ratio of 19.72x, relative to Diagnostics & Research industry P/E ratio of 39.19x
  • DGX could be undervalued based on its P/B ratio of 2.56x, relative to Diagnostics & Research industry P/B ratio of 4.19x
  • DGX could be overvalued based on its PEG ratio of 1.8x

You can access additional valuation analysis on DGX's stock here.

DGX Financial Health Overview

Positive Financial Indicators:

  • DGX profit margin has gone up from 8.3% to 9.1% in the past year.
  • DGX's operating cash flow of $1.33B allows it to safely service it's debt of $5.35B.
  • Total DGX debt is lower than 5 years ago, relative to shareholder equity.
  • DGX earnings of $1.26B is not sufficient to cover its interest payments.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the DGX balance sheet.
  • DGX has a relatively high debt to equity ratio of 1.16.
  • There are more short-term liabilities than short-term assets on the DGX balance sheet.

Is Quest Diagnostics stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 9 Wall Street analysts who give recommendations on DGX, the consensus analyst rating on Quest Diagnostics is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent DGX Analyst Upgrades/Downgrades

Kevin Caliendo, a top 18% analyst from UBS maintains DGX with a hold rating and raises their DGX price target from $139.00 to $146.00, on Apr 24, 2024.

Ann Hynes, a top 6% analyst from Mizuho maintains DGX with a strong buy rating and raises their DGX price target from $150.00 to $155.00, on Apr 24, 2024.

Michael Cherny, a bottom 8% analyst from Leerink Partners initiates coverage on DGX with a hold rating and announces their DGX price target of $135.00, on Feb 26, 2024.

Brian Tanquilut, a top 17% analyst from Jefferies upgrades DGX to a strong buy rating and raises their DGX price target from $140.00 to $155.00, on Feb 7, 2024.

You can dig deeper into what analysts are saying on the Quest Diagnostics stock forecast page.

DGX Technicals

SMA10
142.84
SMA20
140.4
SMA50
140.29
SMA100
135.25
SMA200
133.24
MACD
1.91
MACD Signal
0.82
MACD Histogram
1.1
RSI
71.58
Stochastic %K
89.23
Stochastic %D
89.57
StochRSI %K
99.48
StochRSI %D
99.83

How are DGX Revenues/Earnings doing?

Last year, DGX earnings were $846.00M. In the past five year, DGX's earnings have increased by 7.24% per year. This was slower than the Diagnostics & Research industry average of 11.61%.

Last year, DGX revenue was $9.29B. During the last 5 year, DGX's revenue has increased by 4.26% per year. This was slower than the Diagnostics & Research industry average of 13.63%.

Dig into DGX's earnings and revenue performance here.

Latest Insiders Trades at DGX

Over the past year, executives and large shareholders at DGX have sold more shares than they have bought.

Karthik Kuppusamy, SVP Clinical Solutions of DGX, was the latest DGX insider to sell. They sold $246,400.00 worth of DGX stock on Apr 29, 2024.

Dig into more about who owns DGX stock here.

Does DGX provide a stable income stream?

Quest Diagnostics pays a dividend of 1.97%, compared to the Diagnostics & Research industry's average dividend yield of 1.09%. If you owned $1,000 worth of DGX stock, you would have received $19.67 in the past year.

Quest Diagnostics dividend payments have consistently grown over the past decade and have remained stable.

Dig into more analysis about Quest Diagnostics dividend yield and history here.

Get opinions from other investors

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your DGX trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, place a limit order.

Click the Open Trade button and eToro will place your order.

If you need additional assistance buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get the latest scoop on your DGX investment

Now that you own some DGX stock, you'll want to keep up with your new investment.

Put DGX on a watchlist to keep track of your DGX stock.

DGX Feed

How to Buy Stock in Quest Diagnostics

To summarize, here are the 6 steps you need to take to buy Quest Diagnostics stock right now:

  1. Figure out where to buy Quest Diagnostics stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Analyze Quest Diagnostics stock
  5. Place your DGX trade
  6. Get the latest scoop on your DGX investment

If you require a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in Quest Diagnostics, create a watchlist on WallStreetZen today.

NYSE: DGX
$148.48-0.12 (-0.08%)
Updated Jul 17, 2024
Open eToro Account
NYSE: DGX
$148.48-0.12 (-0.08%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Quest Diagnostics share?

As of Jul 17, 2024, it costs $148.48 to buy one share of Quest Diagnostics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.067 shares of DGX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Quest Diagnostics stock?

According to 9 Wall Street analysts who monitor Quest Diagnostics, their consensus recommendation is to buy Quest Diagnostics stock.

What is the best way to buy Quest Diagnostics stock?

One way to place an order for Quest Diagnostics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.