QuidelOrtho Corporation (NASDAQ: QDEL) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

QuidelOrtho Corporation is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Medical Devices industry. The current market capitalization of QuidelOrtho Corporation is $2.80B. A total of 0.54 million shares were traded on the day, compared to an average of 838.45K shares.

In the most recent transaction, Robert Bujarski bought 20,000 shares of QDEL for 40.40 per share on Dec 09 ’24. In a previous transaction on Nov 21 ’24, Carlyle Group Inc. sold 8,260,183 shares at 35.31 per share. QDEL shares that 10% Owner owns now total 0.

Among the insiders who sold shares, Carlyle Group Inc. disposed of 74,134 shares on Aug 09 ’24 at a per-share price of $41.53. This resulted in the 10% Owner holding 8,260,183 shares of QDEL after the transaction. In another insider transaction, Carlyle Group Inc. sold 106,705 shares at $41.07 per share on Aug 08 ’24. Company shares held by the 10% Owner now total 8,334,317.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, QDEL has a high of $75.86 and a low of $29.74.

As of this writing, QDEL has an earnings estimate of $0.57 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of $0.68 per share and a lower estimate of $0.48.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. QDEL’s latest balance sheet shows that the firm has $828.50M in Cash & Short Term Investments as of fiscal 2021. There were $139.30M in debt and $323.50M in liabilities at the time. Its Book Value Per Share was $47.42, while its Total Shareholder’s Equity was $1.93B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QDEL is Buy with a score of 3.50.

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