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 $126.98, down 0.35% from the previous day, and has decreased 11.26% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.02 percentage points. Quest Diagnostics stock is currently +6.18% from its 52-week low of $119.59, and -14.56% from its 52-week high of $148.62.
At the moment, there are 110.71M DGX shares outstanding. The market capitalization of DGX is $14.06B. In the last 24 hours, 886,652 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.
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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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 16.73x, relative to Diagnostics & Research industry P/E ratio of 36.63x
- DGX could be undervalued based on its P/B ratio of 2.23x, relative to Diagnostics & Research industry P/B ratio of 4.05x
- DGX could be overvalued based on its PEG ratio of 1.18x
You can access additional valuation analysis on DGX's stock here.
DGX Financial Health Overview
Positive Financial Indicators:
- DGX earnings of $1.25B is not sufficient to cover its interest payments.
- DGX's operating cash flow of $1.27B allows it to safely service it's debt of $5.37B.
- There are more short-term assets than short-term liabilities on the DGX balance sheet.
Negative Financial Indicators:
- Total DGX debt is higher than 5 years ago, relative to shareholder equity.
- DGX has a relatively high debt to equity ratio of 1.22.
- DGX profit margin has gone down from 9.6% to 9.2% in the past year.
- There are more long-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 8 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 12% analyst from UBS maintains DGX with a hold rating and raises their DGX price target from $135.00 to $137.00, on Dec 7, 2023.
John Stansel, a top 50% analyst from JP Morgan maintains DGX with a hold rating and raises their DGX price target from $148.00 to $149.00, on Nov 17, 2023.
David Westenberg, a top 15% analyst from Piper Sandler maintains DGX with a hold rating and raises their DGX price target from $130.00 to $140.00, on Nov 6, 2023.
You can dig deeper into what analysts are saying on the Quest Diagnostics stock forecast page.
DGX Technicals
How are DGX Revenues/Earnings doing?
Last year, DGX earnings were $854.00M. In the past five year, DGX's earnings have increased by 7.09% per year. This was slower than the Diagnostics & Research industry average of 12.66%.
Last year, DGX revenue was $9.25B. During the last 5 year, DGX's revenue has increased by 4.2% per year. This was slower than the Diagnostics & Research industry average of 13.07%.
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.
Mark E. Delaney, SVP Chief Commercial Officer of DGX, was the latest DGX insider to sell. They sold $21,778.70 worth of DGX stock on Mar 26, 2024.
Dig into more about who owns DGX stock here.
Does DGX provide a stable income stream?
Quest Diagnostics pays a dividend of 2.27%, compared to the Diagnostics & Research industry's average dividend yield of 1.42%. If you owned $1,000 worth of DGX stock, you would have received $22.68 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
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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:
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:
- 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 require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Quest Diagnostics, create a watchlist on WallStreetZen today.
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