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 $41.52, up 7.84% from the previous day, and has decreased 36.87% in one year. It has underperformed other stocks in the Medical Devices industry by 0.24 percentage points. Quidelortho stock is currently +39.63% from its 52-week low of $29.74, and -45.26% from its 52-week high of $75.86.
As of Dec 11, 2024, there are 67.26M QDEL shares outstanding. The market value of QDEL is $2.79B. In the past 24 hours, 1.77M QDEL shares were traded.
How to Buy Quidelortho Stock
Not sure how to invest in Quidelortho stock? Here's how.
- Figure out where to buy Quidelortho stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Quidelortho stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your details.
- 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 market analysis tools can help you evaluate if QDEL is a good stock to buy).
- 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 specific price.
- Track your QDEL investment: Create a watchlist to monitor your investment in Quidelortho shares.
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 stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal information so you can buy QDEL stock today.
How to Create a New Investment 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.
- Input your personal info to start a new trading account.
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Step 3: Deposit funds into your investment account
Now that you have finished signing up on the best stock broker app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Quidelortho stock
Once you have figured out the best place to buy Quidelortho stock, it's crucial to research their stock before you buy, so you can wrap your head around the risk as well as the upside.
Quidelortho shares at a glance
QDEL Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on QDEL's stock page.
Is QDEL stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge QDEL's intrinsic value.
Using relative valuations measures:
- QDEL could be undervalued based on its P/B ratio of 0.88x, relative to Medical Devices industry P/B ratio of 4.05x
You can do more valuation analysis on QDEL's stock here.
QDEL Financial Health Summary
Passed Health Checks:
- QDEL has cash burn of 93800000. It has sufficient cash and short-term investments to cover this for at least one year.
- QDEL has $143.70M in cash and short term investments. This is sufficient to cover its annual cash burn of $93.80M.
- There are more short-term assets than short-term liabilities on the QDEL balance sheet.
Failed Health Checks:
- Total QDEL debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the QDEL balance sheet.
- QDEL profit margin has gone down from 0.4% to -66.2% in the past year.
- QDEL has a relatively high debt to equity ratio of 1.13.
Do analysts think it's a good time to buy Quidelortho stock
Out of 5 Equities analysts who research QDEL, the consensus analyst rating on QDEL is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Quidelortho stock forecast page.
QDEL Momentum
QDEL Performance Numbers
Last year, QDEL revenue was $2.82B. Over the last 5 year, QDEL's revenue has gone up by 40.46% per year. This was faster than the Medical Devices industry average of 10.44%.
Dig into QDEL's earnings and revenue performance here.
Latest Insiders Trades at QDEL
Over the last year, insiders at QDEL have sold more shares than they have bought.
Michelle A. Hodges, Chief Legal Officer of QDEL, was the latest QDEL insider to sell. They sold $3,485.00 worth of QDEL stock on Dec 1, 2024.
Research more about who owns QDEL shares here.
Can I rely on QDEL as an income stream?
No, Quidelortho doesn't provide an income stream by paying out dividends.
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Step 5: Execute your QDEL purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you 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 given price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Track your QDEL investment
Now that you own some QDEL shares, you'll want to stay up-to-date on your new investment.
Add QDEL to a watchlist to see the latest developments about your QDEL stock.
QDEL Feed
How to Buy Stock in Quidelortho
To reiterate, here are the 6 steps for buying Quidelortho stock:
- Figure out where to buy Quidelortho stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Quidelortho stock
- Execute your QDEL purchase
- Track your QDEL investment
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Quidelortho, create a watchlist today.
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