Quidel Corporation develops, manufactures, and markets diagnostic testing solutions for applications in infectious diseases, cardiology, thyroid, women’s and general health, eye health, gastrointestinal diseases, and toxicology worldwide. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Quidel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QDEL is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: QDEL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: QDEL exceeded the US Medical Equipment industry which returned 17.7% over the past year.
Return vs Market: QDEL exceeded the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Quidel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhy We Like The Returns At Quidel (NASDAQ:QDEL)
2 weeks ago | Simply Wall StWith EPS Growth And More, Quidel (NASDAQ:QDEL) Is Interesting
3 weeks ago | Simply Wall StBrokers Are Upgrading Their Views On Quidel Corporation (NASDAQ:QDEL) With These New Forecasts
Is Quidel undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: QDEL ($188) is trading above our estimate of fair value ($96.38)
Significantly Below Fair Value: QDEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: QDEL is good value based on its PE Ratio (21.3x) compared to the US Medical Equipment industry average (48.8x).
PE vs Market: QDEL is poor value based on its PE Ratio (21.3x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: QDEL is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: QDEL is overvalued based on its PB Ratio (9.3x) compared to the US Medical Equipment industry average (4.4x).
How is Quidel forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QDEL's forecast earnings growth (22.3% per year) is above the savings rate (2.2%).
Earnings vs Market: QDEL's earnings (22.3% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: QDEL's revenue (13% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: QDEL's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QDEL's Return on Equity is forecast to be high in 3 years time (33%)
How has Quidel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QDEL has a high level of non-cash earnings.
Growing Profit Margin: QDEL's current net profit margins (36.9%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: QDEL's earnings have grown significantly by 79% per year over the past 5 years.
Accelerating Growth: QDEL's earnings growth over the past year (396%) exceeds its 5-year average (79% per year).
Earnings vs Industry: QDEL earnings growth over the past year (396%) exceeded the Medical Equipment industry 0.2%.
Return on Equity
High ROE: QDEL's Return on Equity (43.7%) is considered outstanding.
How is Quidel's financial position?
Financial Position Analysis
Short Term Liabilities: QDEL's short term assets ($560.9M) exceed its short term liabilities ($207.9M).
Long Term Liabilities: QDEL's short term assets ($560.9M) exceed its long term liabilities ($192.2M).
Debt to Equity History and Analysis
Debt Level: QDEL's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: QDEL's debt to equity ratio has reduced from 64.7% to 0.8% over the past 5 years.
Debt Coverage: QDEL's debt is well covered by operating cash flow (3559.7%).
Interest Coverage: QDEL's interest payments on its debt are well covered by EBIT (51x coverage).
What is Quidel current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate QDEL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate QDEL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if QDEL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if QDEL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of QDEL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Bryant (62 yo)
Mr. Douglas C. Bryant, also known as Doug, has been the Chief Executive Officer and President of Quidel Corp. since March 1, 2009. Mr. Bryant served as the Chief Operating Officer and Executive Vice Presid...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD4.17M) is below average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.
|Chief Financial Officer||9.08yrs||US$1.58m||0.0080% |
|Chief Operating Officer||0.17yr||US$1.39m||0.033% |
|Senior Vice President of International Commercial Operations||3.08yrs||US$1.37m||0.0013% |
|Senior Vice President of Research & Development||6.5yrs||US$1.23m||0.011% |
|Director of Investor Relations||no data||no data||no data|
|Senior Vice President of North American Sales & Distribution||5.83yrs||US$1.49m||0.016% |
|Senior Vice President of Business Development||5.08yrs||US$1.11m||0.041% |
|Senior Vice President of Information Systems & Business Transformation||1.75yrs||no data||0.0028% |
|Senior Vice President of Cardiometabolic Business Unit||0.83yr||no data||0.010% |
|Senior Vice President of Molecular Business Unit||0.25yr||no data||0.021% |
|Secretary||no data||no data||no data|
Experienced Management: QDEL's management team is considered experienced (4.1 years average tenure).
|Director||0.25yr||no data||no data|
|Independent Director||6yrs||US$197.95k||0.034% |
|Independent Chairman||5.25yrs||US$240.06k||0.14% |
|Independent Director||1.92yrs||US$204.43k||0.015% |
|Independent Director||5yrs||US$196.92k||0.027% |
|Independent Director||27.75yrs||US$184.92k||0.084% |
|Independent Director||1.42yrs||US$155.82k||0.0044% |
|Independent Director||2.58yrs||US$184.92k||0.057% |
Experienced Board: QDEL's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QDEL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Quidel Corporation's company bio, employee growth, exchange listings and data sources
- Name: Quidel Corporation
- Ticker: QDEL
- Exchange: NasdaqGS
- Founded: 1979
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: US$7.909b
- Shares outstanding: 42.07m
- Website: https://www.quidel.com
Number of Employees
- Quidel Corporation
- 9975 Summers Ridge Road
- San Diego
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QDEL||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 1983|
|QL1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1983|
|QBSW||OTCBB (OTC Bulletin Board)||Yes||Common Stock||US||USD||Oct 1983|
|0A55||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Oct 1983|
Quidel Corporation develops, manufactures, and markets diagnostic testing solutions for applications in infectious diseases, cardiology, thyroid, women’s and general health, eye health, gastrointestinal di...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 23:20|
|End of Day Share Price||2020/11/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.