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 $142.81, down 1.83% from the previous day, and has increased 4.77% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.16 percentage points. Quest Diagnostics stock is currently +18.61% from its 52-week low of $120.40, and -9.81% from its 52-week high of $158.34.
At the moment, there are 113.89M DGX shares outstanding. The market capitalization of DGX is $16.26B. In the last 24 hours, 1.32M DGX shares were traded.
How to Buy Quest Diagnostics Stock
Wondering how to invest in Quest Diagnostics stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your details.
- 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).
- 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.
- 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.
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 AccountStep 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
- Click here to get started.
- Enter your personal data to open your new trading account.
- Send your application by pressing the "Create Account" button.
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.
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
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 13.74x, relative to Diagnostics & Research industry P/E ratio of 37.84x
- DGX could be undervalued based on its P/B ratio of 2.61x, relative to Diagnostics & Research industry P/B ratio of 4.54x
You can access additional valuation analysis on DGX's stock here.
DGX Financial Overview
Positive Financial Indicators:
- Total DGX debt is lower than 5 years ago, relative to shareholder equity.
- DGX earnings of $1.76B is not sufficient to cover its interest payments.
- DGX's operating cash flow of $1.87B allows it to safely service it's debt of $4.64B.
- There are more short-term assets than short-term liabilities on the DGX balance sheet.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the DGX balance sheet.
- DGX profit margin has gone down from 19.8% to 12% in the past year.
- DGX has a relatively high debt to equity ratio of 1.12.
Is DGX stock a Buy, Hold, or Sell, according to analysts?
Out of 12 Equities analysts who track DGX, the consensus analyst rating on Quest Diagnostics is a Hold
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest DGX Analyst Recommendations
Timothy Daley, a top 25% analyst from Wells Fargo maintains DGX with a hold rating and raises their DGX price target from $135.00 to $140.00, on Feb 3, 2023.
Jonathan Yong, a bottom 8% analyst from Credit Suisse maintains DGX with a hold rating and raises their DGX price target from $143.00 to $146.00, on Jan 25, 2023.
Elizabeth Anderson, a bottom 8% analyst from Evercore ISI Group initiates coverage on DGX with a hold rating and announces their DGX price target of $159.00, on Jan 23, 2023.
Eric Coldwell, a bottom 20% analyst from Baird maintains DGX with a hold rating and raises their DGX price target from $143.00 to $154.00, on Jan 12, 2023.
Ricky Goldwasser, a top 3% analyst from Morgan Stanley maintains DGX with a hold rating and raises their DGX price target from $146.00 to $158.00, on Jan 6, 2023.
You can dive deeper into what analysts are projecting on the Quest Diagnostics stock forecast page.
DGX Trading Indicators
Is DGX Growing Revenue?
Last year, DGX earnings were $1.24B. In the past 5 year, DGX's earnings have gone up by 16.27% per year. This was slower than the Diagnostics & Research industry average of 22.18%.
Last year, DGX revenue was $10.29B. During the last five year, DGX's revenue has grown by 7.72% per year. This was slower than the Diagnostics & Research industry average of 16.4%.
You can analyze DGX's earnings and revenue performance here.
Latest Insiders Trades at DGX
Over the last 12 months, executives and large shareholders at DGX have bought more shares than they have sold.
Vicky B. Gregg, Director of DGX, was the latest DGX insider to buy. They bought $9,391.74 worth of DGX shares on Feb 1, 2023.
Learn more about who owns DGX stock here.
Does DGX stock generate passive income?
Quest Diagnostics pays a dividend of 1.85%, compared to the Diagnostics & Research industry's average dividend yield of 1.68%. If you owned $1,000 worth of DGX stock, you would have been paid $18.49 in the past year.
Quest Diagnostics dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Quest Diagnostics dividend yield and history here.
What others are saying about DGX
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your DGX trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - 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 a specific price, place a limit order.
Press the Open Trade button and your broker will place the order.
If you require more help with buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your DGX investment
Now that you own some shares in DGX, you'll want to keep up with your investment.
Start a watchlist to get notified of important updates regarding your DGX stock.
DGX Feed
How to Buy Stock in Quest Diagnostics
To reiterate, here are the 6 steps to buy stock in Quest Diagnostics:
- Figure out where to buy Quest Diagnostics stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Quest Diagnostics stock
- Place your DGX trade
- Get the latest scoop on your DGX investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Quest Diagnostics, hit the button below to create your watchlist.
Related Content
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation 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.