Is Quanterix Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: QTRX) stock is to Strong Buy QTRX stock.
Out of 1 analyst, 1 (100%) are recommending QTRX as a Strong Buy, 0 (0%) are recommending QTRX as a Buy, 0 (0%) are recommending QTRX as a Hold, 0 (0%) are recommending QTRX as a Sell, and 0 (0%) are recommending QTRX as a Strong Sell.
What is QTRX's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: QTRX) forecast ROE is -11.2%, which is considered weak.
What is QTRX's Price Target?
According to 1 Wall Street analyst that have issued a 1 year QTRX price target, the average QTRX price target is $30.00, with the highest QTRX stock price forecast at $30.00 and the lowest QTRX stock price forecast at $30.00.
The Wall Street analyst predicted that Quanterix's share price could reach $30.00 by Aug 9, 2024. The average Quanterix stock price prediction forecasts a potential upside of 19.95% from the current QTRX share price of $25.01.
What is QTRX's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: QTRX) forecast ROA is -9.27%, which is lower than the forecast US Medical Devices industry average of 9.7%.
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