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.

A number of analysts gave price targets for DGX. The maximum price target given was 123, implying a possible profit of 13.13 percent. The most pessimistic price target was 87, implying a possible loss of -19.98 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.26 percent. 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. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 a 52-week high of 112.97 and a 52-week low of 79.12. Today's price is 37.41 percent above the 52-week low, and below the high by 3.76 percent. 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.