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 most optimistic analyst gave a price target of 123, implying potential capital gains of 13.13 percent. The lowest price target was 87, implying a possible loss of -19.98 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.26 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.35 percent.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts revised their estimates downwards. Over the same time period, 9 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of DGX's earnings is estimated by analysts to be 14.94 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. DGX has a PEG ratio of 1.46.
DGX has traded between a high of 112.97 and a low of 79.12 over the past year. Today's price is 37.41 percent above the 52-week low, and 3.76 percent below the high. DGX has a P/E 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's next earnings release will be on 0000-00-00, which is days away.