Analyst Ratings for Quest Diagnostics Inc. (DGX)

Updated: 2017-07-27

Shares of Quest Diagnostics Inc. (NYSE:DGX) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, DGX was issued an average rating of Hold.

Of the 24 analysts covering the stock, 5 gave it a buy rating, 1 gave an overweight rating, 16 gave a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for DGX. The maximum price target given was 123, implying potential capital gains of 13.13 percent. The minimum price target given was 87, which equates to a potential downside of -19.98 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.26 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.35 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Also over the last month, 9 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of DGX to grow at a rate of 14.94 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of DGX is 1.46.

DGX has traded between a high of 112.97 and a low of 79.12 over the past year. Currently the stock is 37.41 percent higher than its low, and 3.76 percent lower than its 52-week high. DGX has a price/earnings ratio of 21.85. Investors typically compare the P/E ratio to a company's peers in the industry. The DGX value stock report compares DGX to some of its peers using value stock charts. The market cap of DGX is $14.76 billion. DGX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.