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.
DGX was given price targets by several analysts. The highest price target was 123, implying a possible profit of 13.13 percent. The most pessimistic price target was 87, which equates to a potential downside of -19.98 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.26 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.35 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
DGX has an estimated earnings growth rate of 14.94 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. DGX has a PEG ratio of 1.46.
In the trailing 52-weeks, DGX hit 112.97 at the highest peak, while it's lowest trading point was 79.12. Currently the stock is 37.41 percent higher than its low, and 3.76 percent lower than its 52-week 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 stock has a market capitalization of $14.76 billion. DGX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.