Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. More Details
Outstanding track record, undervalued and pays a dividend.
Share Price & News
How has Quest Diagnostics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DGX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DGX's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DGX underperformed the US Healthcare industry which returned 41.8% over the past year.
Return vs Market: DGX underperformed the US Market which returned 49% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Quest Diagnostics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHave Quest Diagnostics Incorporated (NYSE:DGX) Insiders Been Selling Their Stock?
3 days ago | Simply Wall StQuest Diagnostics (NYSE:DGX) Has A Rock Solid Balance Sheet
2 weeks ago | Simply Wall StIs There An Opportunity With Quest Diagnostics Incorporated's (NYSE:DGX) 29% Undervaluation?
Is Quest Diagnostics undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DGX ($137.47) is trading below our estimate of fair value ($207.51)
Significantly Below Fair Value: DGX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DGX is good value based on its PE Ratio (10.2x) compared to the US Healthcare industry average (23.2x).
PE vs Market: DGX is good value based on its PE Ratio (10.2x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: DGX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DGX is good value based on its PB Ratio (2.7x) compared to the US Healthcare industry average (3.4x).
How is Quest Diagnostics forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DGX's earnings are forecast to decline over the next 3 years (-9.8% per year).
Earnings vs Market: DGX's earnings are forecast to decline over the next 3 years (-9.8% per year).
High Growth Earnings: DGX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DGX's revenue is expected to decline over the next 3 years (-2.1% per year).
High Growth Revenue: DGX's revenue is forecast to decline over the next 3 years (-2.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DGX's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Quest Diagnostics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DGX has high quality earnings.
Growing Profit Margin: DGX's current net profit margins (17.4%) are higher than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: DGX's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: DGX's earnings growth over the past year (132.7%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: DGX earnings growth over the past year (132.7%) exceeded the Healthcare industry 59.7%.
Return on Equity
High ROE: DGX's Return on Equity (27.4%) is considered high.
How is Quest Diagnostics's financial position?
Financial Position Analysis
Short Term Liabilities: DGX's short term assets ($3.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: DGX's short term assets ($3.0B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: DGX's debt to equity ratio (58.4%) is considered high.
Reducing Debt: DGX's debt to equity ratio has reduced from 81.9% to 58.4% over the past 5 years.
Debt Coverage: DGX's debt is well covered by operating cash flow (62.1%).
Interest Coverage: DGX's interest payments on its debt are well covered by EBIT (16.2x coverage).
What is Quest Diagnostics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DGX's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: DGX's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (3.45%).
Stability and Growth of Payments
Stable Dividend: DGX's dividends per share have been stable in the past 10 years.
Growing Dividend: DGX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.1%), DGX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DGX's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Rusckowski (63 yo)
Mr. Stephen H. Rusckowski, also known as Steve, has been the Chief Executive Officer, President and Director of Quest Diagnostics Incorporated since May 1, 2012 and has been its Chairman since January 1, 2...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD14.08M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
Experienced Management: DGX's management team is seasoned and experienced (8 years average tenure).
Experienced Board: DGX's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DGX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Quest Diagnostics Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Quest Diagnostics Incorporated
- Ticker: DGX
- Exchange: NYSE
- Founded: 1967
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: US$17.959b
- Shares outstanding: 130.64m
- Website: https://www.questdiagnostics.com
Number of Employees
- Quest Diagnostics Incorporated
- 500 Plaza Drive
- New Jersey
- United States
Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. The company develops and delivers diagnostic information services, such as ro...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/14 03:33|
|End of Day Share Price||2021/05/13 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.