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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.
  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.

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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.

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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:

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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
$142.81
1w %
-1.94%
1y %
4.77%
5y %
42.67%
P/E
13.74x
P/B
2.61x
P/S
1.61x
PEG
N/A
Revenue
$10.29B
Earnings
$1.24B
Fore. Rev. Growth
-11.92%
Fore. Earn. Growth
-19.83%
Market Cap
$16.26B
Next Earnings
N/A
Next Dividend
Apr 24, 2023

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

SMA10
145.8
SMA20
147.14
SMA50
150.08
SMA100
142.24
SMA200
138.61
MACD
-1.49
MACD Signal
-1.33
MACD Histogram
-0.16
RSI
44.03
Stochastic %K
36.43
Stochastic %D
38.73
StochRSI %K
49.28
StochRSI %D
63.89

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

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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.

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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:

  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

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If you want to keep tabs on your investment in Quest Diagnostics, hit the button below to create your watchlist.

NYSE: DGX
$142.81-2.66 (-1.83%)
Updated Feb 3, 2023
Open eToro Account
NYSE: DGX
$142.81-2.66 (-1.83%)
Updated Feb 3, 2023
Open eToro Account

FAQ

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

As of Feb 3, 2023, it costs $142.81 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 0.07 shares of DGX.

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Is now a good time to buy Quest Diagnostics stock?

According to 12 Wall Street analysts who monitor Quest Diagnostics, their consensus recommendation is to hold 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.