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NYSE: DGX
Quest Diagnostics Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DGX

Based on 7 analysts offering 12 month price targets for Quest Diagnostics Inc.
Min Forecast
$136.00-10.08%
Avg Forecast
$154.29+2.01%
Max Forecast
$168.00+11.08%

Should I buy or sell DGX stock?

Based on 7 analysts offering ratings for Quest Diagnostics Inc.
Buy
Strong Buy
3 analysts 42.86%
Buy
0 analysts 0%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DGX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 4%
97
HoldMaintains$150.00-0.82%2021-10-26
KeyBanc
Top 9%
92
Strong BuyMaintains$168.00+11.08%2021-09-01
Morgan Stanley
Top 31%
70
HoldMaintains$165.00+9.10%2021-08-31
Mizuho
Top 13%
88
Strong BuyMaintains$166.00+9.76%2021-08-19
Anonymous
Credit Suisse
HoldMaintains$150.00-0.82%2021-08-13
UBS
Top 36%
65
Strong BuyUpgrades$158.00+4.47%2021-05-04
Morgan Stanley
Top 5%
96
HoldMaintains$136.00-10.08%2021-03-12
Baird
Top 30%
71
HoldDowngrades$137.00-9.42%2021-03-12

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Forecast return on equity

Is DGX forecast to generate an efficient return?
Company
16.6%
Industry
45.1%
Market
46.73%
DGX's Return on Equity is forecast to be low in 3 years (16.6%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is DGX forecast to generate an efficient return on assets?
Company
7.82%
Industry
10.39%
DGX is forecast to generate lower Return on Assets (7.82%) than the US Diagnostics & Research industry average (10.39%)
Forecast

DGX earnings per share forecast

What is DGX's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$12.02-29.17%
Avg 2 year Forecast
$8.13-52.09%
Avg 3 year Forecast
$8.65-49.03%
DGX's earnings are forecast to grow at a rate of -30.78% per year, which is not exceptional
Forecast

DGX revenue forecast

What is DGX's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$10.6B-4.04%
Avg 2 year Forecast
$8.7B-21.43%
Avg 3 year Forecast
$8.9B-19.77%
DGX's revenue is forecast to grow at a rate of -8.25% per year, which is not exceptional
Forecast

DGX earnings growth forecast

How is DGX forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-30.78%
Industry
7.15%
Market
17.66%
DGX's earnings are forecast to grow slower (-30.78% per year) than the US Diagnostics & Research industry average (7.15%)
Forecast
DGX's earnings are forecast to grow slower (-30.78% per year) than the US market average (17.66%)
Forecast
DGX's earnings are forecast to grow slower (-30.78% per year) than the risk-free savings rate (1.4%)
Forecast

DGX revenue growth forecast

How is DGX forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
-8.25%
Industry
5.83%
Market
10.77%
DGX's revenues are forecast to grow slower (-8.25% per year) than the US Diagnostics & Research industry average (5.83%)
Forecast
DGX's revenues are forecast to grow slower (-8.25% per year) than the US market average (10.77%)
Forecast

Quest Diagnostics Stock Forecast FAQ

Is Quest Diagnostics Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: DGX) stock is to Buy DGX stock.

Out of 7 analysts, 3 (42.86%) are recommending DGX as a Strong Buy, 0 (0%) are recommending DGX as a Buy, 4 (57.14%) are recommending DGX as a Hold, 0 (0%) are recommending DGX as a Sell, and 0 (0%) are recommending DGX as a Strong Sell.

What is DGX's earnings growth forecast for 2021-2023?

(NYSE: DGX) Quest Diagnostics's forecast annual earnings growth rate of -30.78% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 7.15%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Quest Diagnostics's earnings in 2021 is $2,184,000,000.On average, 3 Wall Street analysts forecast DGX's earnings for 2021 to be $1,474,550,747, with the lowest DGX earnings forecast at $1,452,469,289, and the highest DGX earnings forecast at $1,492,951,963. On average, 8 Wall Street analysts forecast DGX's earnings for 2022 to be $997,345,888, with the lowest DGX earnings forecast at $977,717,925, and the highest DGX earnings forecast at $1,019,427,347.

In 2023, DGX is forecast to generate $1,061,136,769 in earnings, with the lowest earnings forecast at $982,624,916 and the highest earnings forecast at $1,102,846,191.

What is DGX's revenue growth forecast for 2021-2023?

(NYSE: DGX) Quest Diagnostics's forecast annual revenue growth rate of -8.25% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.83%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.77%.

Quest Diagnostics's revenue in 2021 is $11,046,000,000.On average, 5 Wall Street analysts forecast DGX's revenue for 2021 to be $1,300,335,888,831, with the lowest DGX revenue forecast at $1,295,931,373,853, and the highest DGX revenue forecast at $1,305,119,714,201. On average, 7 Wall Street analysts forecast DGX's revenue for 2022 to be $1,064,721,571,308, with the lowest DGX revenue forecast at $1,044,698,349,836, and the highest DGX revenue forecast at $1,102,597,161,505.

In 2023, DGX is forecast to generate $1,087,153,143,885 in revenue, with the lowest revenue forecast at $1,053,606,991,706 and the highest revenue forecast at $1,119,980,176,556.

What is DGX's forecast return on assets (ROA) for 2021-2023?

(NYSE: DGX) forecast ROA is 7.82%, which is lower than the forecast US Diagnostics & Research industry average of 10.39%.

What is DGX's Price Target?

According to 7 Wall Street analysts that have issued a 1 year DGX price target, the average DGX price target is $154.29, with the highest DGX stock price forecast at $168.00 and the lowest DGX stock price forecast at $136.00.

On average, Wall Street analysts predict that Quest Diagnostics's share price could stay at $154.29 by Oct 26, 2022. The average Quest Diagnostics stock price prediction forecasts a potential downside of N/A from the current DGX share price of $151.24.

What is DGX's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: DGX) Quest Diagnostics's current Earnings Per Share (EPS) is $16.97. On average, analysts forecast that DGX's EPS will be $12.02 for 2021, with the lowest EPS forecast at $11.84, and the highest EPS forecast at $12.17. On average, analysts forecast that DGX's EPS will be $8.13 for 2022, with the lowest EPS forecast at $7.97, and the highest EPS forecast at $8.31. In 2023, DGX's EPS is forecast to hit $8.65 (min: $8.01, max: $8.99).

What is DGX's forecast return on equity (ROE) for 2021-2023?

(NYSE: DGX) forecast ROE is 16.6%, which is considered weak.
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