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NASDAQ: QTRX
Quanterix Corp Stock

$23.56+0.63 (+2.75%)
Updated Mar 28, 2024
QTRX Price
$23.56
Fair Value Price
$32.35
Market Cap
$896.78M
52 Week Low
$10.64
52 Week High
$29.70
P/E
-27.4x
P/B
2.58x
P/S
8.4x
PEG
N/A
Dividend Yield
N/A
Revenue
$122.37M
Earnings
-$32.33M
Gross Margin
57.7%
Operating Margin
-38.78%
Profit Margin
-26.4%
Debt to Equity
0.23
Operating Cash Flow
-$19M
Beta
1.54
Next Earnings
May 7, 2024
Ex-Dividend
N/A
Next Dividend
N/A

QTRX Overview

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. It offers HD-X instrument, a sensitive automated multiplex protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection technology in various applications, including direct detection of nucleic acids. The company also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assay kits and other consumables such as reagents. In addition, it offers contract research services, including sample testing, homebrew assay development, and custom development services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct sales force, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

Zen Score

Industry Average (27)
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Due Diligence Checks

QTRX ($23.56) is undervalued by 27.17% relative to our estimate of its Fair Value price of $32.35 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
QTRX ($23.56) is significantly undervalued by 27.17% relative to our estimate of its Fair Value price of $32.35 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
QTRX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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QTRX News

Valuation

QTRX fair value

Fair Value of QTRX stock based on Discounted Cash Flow (DCF)
Price
$23.56
Fair Value
$32.35
Undervalued by
27.17%
QTRX ($23.56) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
QTRX ($23.56) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
QTRX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

QTRX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-27.4x
Industry
29.92x
Market
44.51x

QTRX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.58x
Industry
4.11x
QTRX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

QTRX's financial health

Profit margin

Revenue
$31.5M
Net Income
-$12.4M
Profit Margin
-39.3%
QTRX's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
QTRX's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$425.0M
Liabilities
$78.1M
Debt to equity
0.23
QTRX's short-term assets ($378.39M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
QTRX's short-term assets ($378.39M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
QTRX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
QTRX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$6.0M
Investing
-$21.6M
Financing
$201.0k
QTRX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

QTRX vs Medical Device Stocks

TickerMarket Cap1d %P/EP/B
QTRX$896.78M+2.75%-27.40x2.58x
CTKB$877.83M+1.21%-74.56x2.23x
AVNS$919.90M+0.05%-15.08x0.74x
AORT$872.32M-2.17%-28.21x3.10x
TMCI$805.90M+5.58%-16.11x5.84x

Quanterix Stock FAQ

What is Quanterix's quote symbol?

(NASDAQ: QTRX) Quanterix trades on the NASDAQ under the ticker symbol QTRX. Quanterix stock quotes can also be displayed as NASDAQ: QTRX.

If you're new to stock investing, here's how to buy Quanterix stock.

What is the 52 week high and low for Quanterix (NASDAQ: QTRX)?

(NASDAQ: QTRX) Quanterix's 52-week high was $29.70, and its 52-week low was $10.64. It is currently -20.67% from its 52-week high and 121.43% from its 52-week low.

How much is Quanterix stock worth today?

(NASDAQ: QTRX) Quanterix currently has 38,063,618 outstanding shares. With Quanterix stock trading at $23.56 per share, the total value of Quanterix stock (market capitalization) is $896.78M.

Quanterix stock was originally listed at a price of $17.47 in Dec 7, 2017. If you had invested in Quanterix stock at $17.47, your return over the last 6 years would have been 34.86%, for an annualized return of 5.11% (not including any dividends or dividend reinvestments).

How much is Quanterix's stock price per share?

(NASDAQ: QTRX) Quanterix stock price per share is $23.56 today (as of Mar 28, 2024).

What is Quanterix's Market Cap?

(NASDAQ: QTRX) Quanterix's market cap is $896.78M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Quanterix's market cap is calculated by multiplying QTRX's current stock price of $23.56 by QTRX's total outstanding shares of 38,063,618.
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