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Quest Diagnostics Incorporated (DGX)

Upturn stock ratingUpturn stock rating
$173.62
Last Close (24-hour delay)
Profit since last BUY-1.28%
upturn advisory
Consider higher Upturn Star rating
BUY since 50 days
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Upturn Advisory Summary

07/09/2025: DGX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

19 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $183.92

1 Year Target Price $183.92

Analysts Price Target For last 52 week
$183.92 Target price
52w Low $135.09
Current$173.62
52w High $181.56

Analysis of Past Performance

Type Stock
Historic Profit -4.28%
Avg. Invested days 41
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/09/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 19.42B USD
Price to earnings Ratio 21.97
1Y Target Price 183.92
Price to earnings Ratio 21.97
1Y Target Price 183.92
Volume (30-day avg) 19
Beta 0.49
52 Weeks Range 135.09 - 181.56
Updated Date 07/8/2025
52 Weeks Range 135.09 - 181.56
Updated Date 07/8/2025
Dividends yield (FY) 1.78%
Basic EPS (TTM) 7.85

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.83%
Operating Margin (TTM) 13.88%

Management Effectiveness

Return on Assets (TTM) 6.13%
Return on Equity (TTM) 13.95%

Valuation

Trailing PE 21.97
Forward PE 17.89
Enterprise Value 25803223063
Price to Sales(TTM) 1.91
Enterprise Value 25803223063
Price to Sales(TTM) 1.91
Enterprise Value to Revenue 2.54
Enterprise Value to EBITDA 13.23
Shares Outstanding 111635000
Shares Floating 111063898
Shares Outstanding 111635000
Shares Floating 111063898
Percent Insiders 0.4
Percent Institutions 96.03

ai summary icon Upturn AI SWOT

Quest Diagnostics Incorporated

stock logo

Company Overview

overview logo History and Background

Quest Diagnostics was founded in 1967 as Metropolitan Pathology Laboratory, Inc. It evolved through mergers and acquisitions, becoming SmithKline Beecham Clinical Laboratories, and eventually Quest Diagnostics in 1997, focusing on diagnostic testing and information services.

business area logo Core Business Areas

  • Diagnostic Information Services: Provides a broad range of clinical testing services, including routine blood tests, genetic testing, and cancer diagnostics. This segment generates the majority of the company's revenue. Competes with LabCorp (LH).
  • Employer Population Health Services: Offers solutions to help employers manage the health of their workforce, including wellness programs and biometric screenings. Competes with large insurance providers.

leadership logo Leadership and Structure

The leadership team is headed by the CEO, Jim Davis. The organizational structure includes various departments such as operations, finance, marketing, and research and development, organized under executive leadership.

Top Products and Market Share

overview logo Key Offerings

  • Routine Clinical Testing: Includes basic blood tests, urinalysis, and other common diagnostic tests. Market share is significant, contributing substantially to revenue. LabCorp (LH) and Sonic Healthcare (SHC) are major competitors.
  • Advanced Diagnostics: Encompasses genetic testing, cancer diagnostics, and other specialized tests. Growth area with increasing demand. Competitors include Myriad Genetics (MYGN) and Exact Sciences (EXAS).
  • COVID-19 Testing: Services related to COVID-19 diagnostics, including PCR and antibody tests. Significant revenue earner during the pandemic period. Competitors include LabCorp (LH) and various smaller testing labs.

Market Dynamics

industry overview logo Industry Overview

The diagnostic testing industry is experiencing growth driven by an aging population, increasing prevalence of chronic diseases, and technological advancements. Personalized medicine and preventative care are key trends.

Positioning

Quest Diagnostics is a leading provider of diagnostic testing services in the US, leveraging its extensive network of laboratories and strong brand reputation. It competes on scale, technology, and service quality.

Total Addressable Market (TAM)

The global in vitro diagnostics market is expected to reach $148.4 billion by 2029. Quest is well-positioned to capture a significant share through its broad service offering and established infrastructure.

Upturn SWOT Analysis

Strengths

  • Large and established network of laboratories
  • Strong brand recognition
  • Extensive test menu
  • Advanced technology platform
  • Nationwide presence

Weaknesses

  • Dependence on reimbursement rates
  • Exposure to regulatory changes
  • Competition from hospitals and other labs
  • Potential for data breaches
  • High fixed costs

Opportunities

  • Expanding genetic testing services
  • Developing new diagnostic technologies
  • Partnering with healthcare providers
  • Growing international presence
  • Increasing demand for preventative care

Threats

  • Decreasing reimbursement rates
  • Increased competition
  • Regulatory changes
  • Economic downturns
  • Technological disruption

Competitors and Market Share

competitor logo Key Competitors

  • LH
  • SHC
  • DGX

Competitive Landscape

Quest Diagnostics has a strong competitive position due to its scale, brand reputation, and extensive network. However, it faces increasing competition from other national and regional labs, as well as hospitals.

Major Acquisitions

PathAI Diagnostics

  • Year: 2024
  • Acquisition Price (USD millions): 100
  • Strategic Rationale: Enhance digital pathology and AI capabilities.

Growth Trajectory and Initiatives

Historical Growth: The company has experienced steady growth in revenue and earnings, driven by increasing demand for diagnostic testing and strategic acquisitions.

Future Projections: Analysts project continued growth, driven by expansion of genetic testing, partnerships, and new technologies; Placeholder.

Recent Initiatives: Recent initiatives include investments in new technologies, expansion of genetic testing services, and strategic partnerships with healthcare providers; Placeholder.

Summary

Quest Diagnostics is a major player in the diagnostic testing industry with a strong brand and extensive network. Increasing competition and reimbursement pressures are key challenges, but growth opportunities exist in advanced diagnostics and partnerships. Financially, the company demonstrates consistent performance with potential for continued, albeit moderate, growth if cost-cutting and efficiency initiatives are successful.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Investor Relations Presentations
  • Analyst Reports
  • Industry Research Reports
  • Company Website

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. Market share figures are approximate and may vary depending on the source. Financial data should be verified with official company filings.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Quest Diagnostics Incorporated

Exchange NYSE
Headquaters Secaucus, NJ, United States
IPO Launch date 1996-12-17
Chairman, CEO & President Mr. James E. Davis
Sector Healthcare
Industry Diagnostics & Research
Full time employees 55000
Full time employees 55000

Quest Diagnostics Incorporated provides diagnostic testing and services in the United States and internationally. The company develops and delivers diagnostic information services, such as routine, non-routine and advanced clinical testing, anatomic pathology testing, and other diagnostic information services. It also provides diagnostic information services primarily under the Quest Diagnostics brand, as well as under the AmeriPath, Dermpath Diagnostics, ExamOne, and Quanum brands to physicians, hospitals, patients and consumers, health plans, government agencies, employers, emerging retail healthcare providers, pharmaceutical companies and insurers, commercial clinical laboratories, and accountable care organizations through a network of laboratories, patient service centers, phlebotomists in physician offices, call centers and mobile phlebotomists, nurses, and other health and wellness professionals. In addition, the company offers risk assessment services for the life insurance industry; and healthcare organizations and clinicians information technology solutions. Quest Diagnostics Incorporated was founded in 1967 and is headquartered in Secaucus, New Jersey.