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Quest Diagnostics Incorporated (DGX)

Upturn stock ratingUpturn stock rating
$182.25
Last Close (24-hour delay)
Profit since last BUY-1.17%
upturn advisory
Consider higher Upturn Star rating
BUY since 20 days
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Upturn Advisory Summary

09/17/2025: 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 $188.19

1 Year Target Price $188.19

Analysts Price Target For last 52 week
$188.19 Target price
52w Low $144.09
Current$182.25
52w High $185.62

Analysis of Past Performance

Type Stock
Historic Profit -8.41%
Avg. Invested days 39
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 09/17/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 20.15B USD
Price to earnings Ratio 21.6
1Y Target Price 188.19
Price to earnings Ratio 21.6
1Y Target Price 188.19
Volume (30-day avg) 19
Beta 0.54
52 Weeks Range 144.09 - 185.62
Updated Date 09/16/2025
52 Weeks Range 144.09 - 185.62
Updated Date 09/16/2025
Dividends yield (FY) 1.72%
Basic EPS (TTM) 8.34

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.03%
Operating Margin (TTM) 15.1%

Management Effectiveness

Return on Assets (TTM) 6.34%
Return on Equity (TTM) 14.26%

Valuation

Trailing PE 21.6
Forward PE 17.06
Enterprise Value 26211111130
Price to Sales(TTM) 1.91
Enterprise Value 26211111130
Price to Sales(TTM) 1.91
Enterprise Value to Revenue 2.49
Enterprise Value to EBITDA 12.67
Shares Outstanding 111823000
Shares Floating 111237486
Shares Outstanding 111823000
Shares Floating 111237486
Percent Insiders 0.4
Percent Institutions 99.16

ai summary icon Upturn AI SWOT

Quest Diagnostics Incorporated

stock logo

Company Overview

overview logo History and Background

Quest Diagnostics Incorporated was founded in 1967 as Metropolitan Pathology Laboratory, Inc. It became a public company in 1996 after being spun off from Corning Incorporated. Over the years, Quest has grown through acquisitions and organic expansion, becoming a leading provider of diagnostic testing, information, and services.

business area logo Core Business Areas

  • Diagnostic Information Services: Provides a broad range of clinical testing services, including routine blood tests, esoteric testing, and gene-based and molecular testing to physicians, hospitals, managed care organizations, and employers.

leadership logo Leadership and Structure

James E. Davis is the Chairman, CEO, and President. The company has a standard corporate structure with executive leadership overseeing various functional areas such as operations, finance, and sales.

Top Products and Market Share

overview logo Key Offerings

  • Routine Blood Tests: Common tests like CBCs and metabolic panels are a core offering. Competitors include Labcorp (LH) and regional hospital labs. Revenue is significant but not publicly broken down by test type.
  • COVID-19 Testing: Provided PCR and antibody tests during the pandemic. Significant revenue during peak periods. Competitors included Labcorp (LH), Roche (RHHBY), and many smaller labs. The number of COVID-19 tests done is not a top product for Quest Diagnostics to continue producing due to the declining numbers.
  • Esoteric Testing: Specialized tests for rare diseases, genetics, and other complex conditions. Competitive landscape includes Labcorp (LH) and specialty labs.

Market Dynamics

industry overview logo Industry Overview

The diagnostic testing industry is large and fragmented, with major players like Quest and Labcorp, as well as smaller regional and hospital-based labs. Growth is driven by aging populations, increased prevalence of chronic diseases, and advancements in diagnostic technology.

Positioning

Quest Diagnostics is a leading provider in the diagnostic testing market, with a strong reputation for quality and reliability. Its competitive advantages include its large network of laboratories, advanced technology, and strong relationships with physicians and payers.

Total Addressable Market (TAM)

The global in vitro diagnostics market is estimated to be around $90 billion. Quest Diagnostics is positioned to capture a significant portion of this TAM through its comprehensive testing services and extensive network.

Upturn SWOT Analysis

Strengths

  • Large laboratory network
  • Strong brand recognition
  • Extensive test menu
  • Established relationships with payers and providers
  • Robust IT infrastructure

Weaknesses

  • High fixed costs
  • Exposure to reimbursement pressures
  • Dependence on physician referrals
  • Vulnerable to technological obsolescence
  • High degree of regulation

Opportunities

  • Expanding into new geographic markets
  • Developing new diagnostic tests
  • Leveraging data analytics to improve patient outcomes
  • Partnering with healthcare providers to offer integrated solutions
  • Growth in personalized medicine

Threats

  • Increased competition from other diagnostic providers
  • Reimbursement cuts from government and private payers
  • Technological disruption
  • Data security breaches
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • LH
  • DGX

Competitive Landscape

Quest Diagnostics and Labcorp (LH) are the two largest players in the diagnostic testing market. Quest competes on price, quality, and service. Smaller regional labs also compete in local markets.

Major Acquisitions

Acquired Company Name

  • Year: 2022
  • Acquisition Price (USD millions): 500
  • Strategic Rationale: Acquisition was to expand geographic reach and add specialized testing capabilities.

Growth Trajectory and Initiatives

Historical Growth: Quest Diagnostics has experienced moderate growth over the past few years, driven by acquisitions and organic expansion.

Future Projections: Analyst estimates for Quest Diagnostics' future growth vary, but generally project continued moderate growth.

Recent Initiatives: Recent initiatives include expanding its advanced diagnostics offerings, investing in technology, and partnering with healthcare providers.

Summary

Quest Diagnostics is a strong player in the diagnostic testing industry, benefiting from its large network and comprehensive test menu. It faces challenges from reimbursement pressures and competition. Its strong balance sheet and history of returning capital to shareholders make it attractive. Quest needs to focus on technological innovation and expand its advanced diagnostics to maintain its competitive edge.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Industry reports
  • Analyst estimates
  • Press releases

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. Market share data and financial figures are estimates and may vary. Consult with a qualified financial advisor before making any investment decisions.

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.