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QDEL logo QDEL
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QDEL logo

Quidel Corporation (QDEL)

Upturn stock ratingUpturn stock rating
$28.03
Last Close (24-hour delay)
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PASS
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*as per simulation
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Upturn Advisory Summary

06/20/2025: QDEL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

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

Number of Analysts

rating

8 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Year Target Price $47.14

Year Target Price $47.14

Analyst’s Price TargetsFor last 52 week
$47.14Target price
Low$23.77
Current$28.03
high$49.45

Analysis of Past Performance

Type Stock
Historic Profit -15.14%
Avg. Invested days 31
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 06/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.95B USD
Price to earnings Ratio -
1Y Target Price 47.14
Price to earnings Ratio -
1Y Target Price 47.14
Volume (30-day avg) 8
Beta 0.09
52 Weeks Range 23.77 - 49.45
Updated Date 06/30/2025
52 Weeks Range 23.77 - 49.45
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -5.23

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -12.97%
Operating Margin (TTM) 7.03%

Management Effectiveness

Return on Assets (TTM) 1.12%
Return on Equity (TTM) -11.38%

Valuation

Trailing PE -
Forward PE 11.82
Enterprise Value 4519458924
Price to Sales(TTM) 0.71
Enterprise Value 4519458924
Price to Sales(TTM) 0.71
Enterprise Value to Revenue 1.63
Enterprise Value to EBITDA 15.67
Shares Outstanding 67625904
Shares Floating 60875457
Shares Outstanding 67625904
Shares Floating 60875457
Percent Insiders 0.88
Percent Institutions 112.4

Analyst Ratings

Rating 3
Target Price 47.14
Buy 2
Strong Buy 3
Buy 2
Strong Buy 3
Hold 2
Sell 1
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Quidel Corporation

stock logo

Company Overview

overview logo History and Background

Quidel Corporation, founded in 1979, initially focused on developing rapid diagnostic solutions. It evolved from producing pregnancy tests to a broad portfolio of diagnostic products for infectious diseases, cardiac health, and autoimmune diseases. In 2021, Quidel acquired Ortho Clinical Diagnostics, significantly expanding its global presence and product offerings. In May 2023, the company officially changed its name to QuidelOrtho Corporation.

business area logo Core Business Areas

  • Point-of-Care Diagnostics: Develops and manufactures rapid diagnostic tests for use in physician's offices, hospitals, and other healthcare settings.
  • Molecular Diagnostics: Offers molecular diagnostic solutions for detecting and identifying infectious diseases using PCR-based technology.
  • Immunoassay: Provides immunoassay products for a wide range of diagnostic applications, including autoimmune disease and cardiac markers.
  • Transfusion Medicine: Supplies products and solutions for blood banks and transfusion centers.
  • Laboratory Solutions: Provides a broad range of diagnostic equipment, reagents, and consumables for clinical laboratories.

leadership logo Leadership and Structure

Douglas Bryant is the Chairman, President, and CEO of QuidelOrtho. The company operates with a functional organizational structure, with various departments responsible for research and development, manufacturing, sales and marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Sofia 2 Fluorescent Immunoassay Analyzer: A point-of-care diagnostic system for rapid detection of influenza A and B. Competitors include Roche, Abbott, and Siemens Healthineers. Market share data is not readily available.
  • Lyra Direct SARS-CoV-2 Assay: A molecular diagnostic test for detecting SARS-CoV-2. Roche, Abbott, and Thermo Fisher Scientific are major competitors. Market share data is not readily available.
  • Triage MeterPro: A point-of-care platform for cardiovascular, toxicology, and coagulation testing. Competitors include Roche, Siemens Healthineers. Market share data is not readily available.

Market Dynamics

industry overview logo Industry Overview

The in vitro diagnostics market is experiencing growth due to an aging population, increasing prevalence of chronic diseases, and growing demand for point-of-care diagnostics. Technological advancements, such as molecular diagnostics and next-generation sequencing, are driving innovation in the industry.

Positioning

QuidelOrtho is a key player in the in vitro diagnostics market, with a strong presence in point-of-care and molecular diagnostics. Its competitive advantages include its established brand reputation, broad product portfolio, and global distribution network.

Total Addressable Market (TAM)

The global in vitro diagnostics market is projected to reach hundreds of billions of dollars. QuidelOrtho is positioned to capture a significant share of this market through its diverse product offerings and strategic acquisitions.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Broad product portfolio
  • Global distribution network
  • Innovative diagnostic technologies
  • Experienced management team

Weaknesses

  • Dependence on certain key products
  • Exposure to regulatory risks
  • Integration challenges related to the Ortho Clinical Diagnostics acquisition
  • High debt levels following the acquisition

Opportunities

  • Expanding into emerging markets
  • Developing new diagnostic tests for unmet medical needs
  • Acquiring complementary businesses
  • Leveraging the Ortho Clinical Diagnostics acquisition to expand its product offerings and global reach

Threats

  • Intense competition from established players
  • Price pressures from healthcare providers
  • Technological obsolescence
  • Changes in regulatory requirements
  • Economic downturn

Competitors and Market Share

competitor logo Key Competitors

  • RHHBY
  • ABT
  • SIEMENS
  • BDX

Competitive Landscape

QuidelOrtho faces intense competition from larger, more diversified players in the in vitro diagnostics market. Its competitive advantage lies in its focus on point-of-care and molecular diagnostics, as well as its strong brand reputation. The company needs to successfully integrate Ortho Clinical Diagnostics and leverage its combined product offerings to compete effectively.

Major Acquisitions

Ortho Clinical Diagnostics

  • Year: 2022
  • Acquisition Price (USD millions): 6000
  • Strategic Rationale: Expanded global presence, broadened product portfolio, and enhanced manufacturing capabilities.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is hard to isolate based on the merger.

Future Projections: Future growth projections are based on analysts' estimates and are subject to change.

Recent Initiatives: The Ortho Clinical Diagnostics acquisition is a major strategic initiative aimed at expanding the company's global reach and product offerings. The company is focused on integrating Ortho Clinical Diagnostics and realizing synergies from the acquisition.

Summary

QuidelOrtho is a significant player in the diagnostics industry, boosted by the acquisition of Ortho Clinical Diagnostics. The integration and debt management will be crucial. The company has strong products but faces intense competition from larger, diversified corporations, meaning innovation and market expansion are crucial for future success. Investor confidence hinges on successful integration and execution of strategic initiatives and sustained market share retention.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Analyst Reports
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Financial data and analysis are based on available information and are subject to change. Past performance is not indicative of future results.

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 Quidel Corporation

Exchange NASDAQ
Headquaters San Diego, CA, United States
IPO Launch date 1991-02-01
President, CEO & Director Mr. Brian J. Blaser
Sector Healthcare
Industry Medical Devices
Full time employees 6600
Full time employees 6600

QuidelOrtho Corporation provides diagnostic testing solutions. The company operates through Labs, Transfusion Medicine, Point of Care, and Molecular Diagnostics business units. The Labs business unit provides clinical chemistry laboratory instruments and tests that measure target chemicals in bodily fluids for the evaluation of health and the clinical management of patients; immunoassay laboratory instruments and tests, which measure proteins as they act as antigens in the spread of disease, antibodies in the immune response spurred by disease, or markers of proper organ function and health; testing products to detect and monitor disease progression across a spectrum of therapeutic areas; and specialized diagnostic solutions. The Transfusion Medicine business unit offers immunohematology instruments and tests used for blood typing to ensure patient-donor compatibility in blood transfusions; and donor screening instruments and tests used for blood and plasma screening for infectious diseases. The Point of Care business unit provides instruments and tests to provide rapid results across a continuum of POC settings. The Molecular Diagnostics business unit offers polymerase chain reaction thermocyclers; amplification systems; and sample-to-result molecular instruments and tests for syndromic infectious disease diagnostics. The company sells its products directly to end users through a direct sales force; and through a network of distributors for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, urgent care clinics, universities, retail clinics, pharmacies, wellness screening centers, blood banks, and donor centers, as well as for individual, non-professional, and over-the-counter use. It operates in North America, Europe, the Middle East, Africa, China, and internationally. The company was incorporated in 1979 and is headquartered in San Diego, California.