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How to Buy Quidelortho Stock

Quidelortho Corp

QuidelOrtho Corporation focuses on the development and manufacture of diagnostic testing technologies across the continuum of healthcare testing needs.

Quidelortho stock last closed at $40.82, up 1.04% from the previous day, and has decreased 55.92% in one year. It has underperformed other stocks in the Medical Devices industry by 0.39 percentage points. Quidelortho stock is currently +8.05% from its 52-week low of $37.78, and -57.04% from its 52-week high of $95.02.

There are currently 66.85M QDEL shares outstanding. The market value of QDEL is $2.73B. In the past 24 hours, 944,800 QDEL shares were traded.

How to Buy Quidelortho Stock

Not sure how to invest in Quidelortho stock? Here's how.
  1. Figure out where to buy Quidelortho stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Quidelortho stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. Analyze Quidelortho stock: The Quidelortho ticker symbol is QDEL. Is Quidelortho stock a good investment? Should you buy shares of QDEL? How do QDEL's underlying business fundamentals look? Do top analysts think Quidelortho is a good buy? Why has QDEL's stock price moved recently? (Hint: Our stock research tools can help you understand if QDEL is a good stock to buy).
  5. Execute your QDEL purchase: Decide if you will purchase QDEL shares at the current market price or use a limit order to buy QDEL shares at a particular price.
  6. Track your QDEL investment: Create a watchlist to monitor your new investment in Quidelortho stock.

Step 1: Figure out where to buy Quidelortho stock

You will need an online brokerage account in order to access the NASDAQ market and buy QDEL shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, 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, the next step is to fill out some personal details so you can buy QDEL today.

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Step 3: Deposit funds into your investment account

Now that you have finished signing up on the best free stock trading app, you need to deposit funds:

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Step 4: Analyze Quidelortho stock

Once you have identified the best place to buy Quidelortho stock, it's very important to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.

Quidelortho shares at a glance

QDEL Price
$40.82
1w %
5.45%
1y %
-55.92%
5y %
-34.46%
P/E
-272.13x
P/B
0.55x
P/S
0.91x
PEG
N/A
Revenue
$3.00B
Earnings
-$10.10M
Fore. Rev. Growth
-1.01%
Fore. Earn. Growth
N/A
Market Cap
$2.73B
Next Earnings
May 8, 2024
Next Dividend
N/A

Quidelortho Fundamentals

WallStreetZen was created to help average investors perform more accurate fundamental analysis.

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

How is QDEL stock valued?

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

Using relative valuations ratios:

  • QDEL may be undervalued based on its P/B ratio of 0.55x, relative to Medical Devices industry P/B ratio of 3.73x

You can access more valuation research on QDEL's stock here.

QDEL Financial Overview

Passed Health Checks:

  • Total QDEL debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the QDEL balance sheet.

Failed Health Checks:

  • QDEL earnings of $118.50M is not sufficient to cover its interest payments.
  • QDEL profit margin has gone down from 16.8% to -0.3% in the past year.
  • There are more long-term liabilities than short-term assets on the QDEL balance sheet.
  • QDEL's operating cash flow of $280.20M allows it to safely service it's debt of $2.59B.
  • QDEL has a relatively high debt to equity ratio of 0.71.

Do analysts think it's a good time to buy Quidelortho stock

Out of 5 sell side analysts who give forecasts on QDEL, the consensus analyst rating on QDEL is a Hold

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

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

QDEL Technical Indicators

SMA10
40.33
SMA20
42.43
SMA50
45.12
SMA100
57.89
SMA200
65.91
MACD
-2.2
MACD Signal
-2.28
MACD Histogram
0.07
RSI
39.48
Stochastic %K
32.36
Stochastic %D
22.23
StochRSI %K
63.39
StochRSI %D
42.44

QDEL Performance Numbers

Last year, QDEL revenue was $3.00B. During the past five year, QDEL's revenue has gone up by 41.83% per year. This was faster than the Medical Devices industry average of 13.35%.

Find out more about QDEL's earnings and revenue performance here.

Are QDEL insiders buying or selling the stock?

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

Kenneth F. Buechler, Director of QDEL, was the latest QDEL insider to buy. They bought $190,493.87 worth of QDEL stock on Apr 12, 2024.

Learn more about who owns QDEL stock here.

Can I get consistent income from QDEL stock?

No, Quidelortho doesn't provide an income stream by paying out dividends.

What others are saying about QDEL

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

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Step 5: Execute your QDEL purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Track your QDEL investment

Now that you own some QDEL stock, you'll want to stay up-to-date on your new investment.

Create a watchlist to track the most important metrics related to your QDEL stock.

QDEL Feed

How to Buy Stock in Quidelortho

To reiterate, here are the 6 steps you need to take to buy Quidelortho stock right now:

  1. Figure out where to buy Quidelortho stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Quidelortho stock
  5. Execute your QDEL purchase
  6. Track your QDEL investment

If you are looking for a online brokerage, eToro is our favorite venue.

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 would like to watch your new investment in Quidelortho, create your watchlist below.

NASDAQ: QDEL
$40.82+0.42 (+1.04%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: QDEL
$40.82+0.42 (+1.04%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Quidelortho share?

As of Apr 24, 2024, it costs $40.82 to buy one share of Quidelortho 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 0.245 shares of QDEL.

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 Quidelortho stock?

According to 5 Wall Street analysts who monitor Quidelortho, their consensus recommendation is to hold Quidelortho stock.

What is the best way to buy Quidelortho stock?

One way to place an order for Quidelortho 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.