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NASDAQ:QTRX

Quanterix (QTRX) Stock Price, News & Analysis

$11.99
-0.26 (-2.12%)
(As of 09/6/2024 ET)
Today's Range
$11.87
$12.74
50-Day Range
$10.92
$16.36
52-Week Range
$10.50
$29.70
Volume
261,595 shs
Average Volume
398,541 shs
Market Capitalization
$460.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.80

Quanterix MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
106.8% Upside
$24.80 Price Target
Short Interest
Bearish
5.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.88) to ($0.87) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.78 out of 5 stars

Medical Sector

589th out of 910 stocks

Analytical Instruments Industry

19th out of 26 stocks

QTRX stock logo

About Quanterix Stock (NASDAQ:QTRX)

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assays include all components required to run enzyme-based immunoassay, such as beads, capture and detector reagents, and enzyme reagents and substrate; and replacement parts, reagents, and antibodies. In addition, it offers contract research services, including sample testing, homebrew assay development, custom assay development, lucent diagnostic, and LDT testing services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct field sale, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

QTRX Stock Price History

QTRX Stock News Headlines

⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
How labor data revisions could shift Fed's policy stance
Gold prices could hit $2600 by year end: UBS
Masoud Toloue Bought 11% More Shares In Quanterix
⭕ [URGENT] Buy Alert just triggered
My absolute favorite stock just hit a critical "buy now" trigger price.
QTRX Sep 2024 12.500 put (QTRX240920P00012500)
Scotiabank Keeps Their Buy Rating on Quanterix (QTRX)
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
Measuring And Control Equipment
Current Symbol
NASDAQ:QTRX
Fax
N/A
Employees
460
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.80
High Stock Price Target
$32.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+106.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-32,330,000.00
Pretax Margin
-30.21%

Debt

Sales & Book Value

Annual Sales
$122.37 million
Book Value
$9.17 per share

Miscellaneous

Free Float
35,629,000
Market Cap
$460.18 million
Optionable
Optionable
Beta
1.36
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Key Executives

  • Dr. Masoud Toloue Ph.D. (Age 43)
    President, CEO & Director
    Comp: $957.03k
  • Dr. David R. Walt Ph.D. (Age 71)
    Co-Founder, Chairman of Scientific Advisory Board & Independent Director
    Comp: $47.25k
  • Dr. Mark T. Roskey Ph.D. (Age 64)
    Senior Vice President of Strategic Partnerships
    Comp: $495.03k
  • Mr. Michael A. Doyle (Age 68)
    Executive Director of Finance
    Comp: $570.14k
  • Ms. Vandana Sriram CPA (Age 50)
    Chief Financial Officer
  • Mr. Daniel Pikora (Age 48)
    Chief Operating Officer
  • Dr. David C. Duffy Ph.D. (Age 53)
    Senior VP of Research & Development and CTO
    Comp: $299.05k
  • Ms. Alexandra Phillips
    Senior VP & Chief Information Officer
  • Ms. Laurie A. Churchill (Age 53)
    Senior VP, General Counsel & Secretary
  • David Panzerella
    Vice President of Sales

QTRX Stock Analysis - Frequently Asked Questions

How have QTRX shares performed this year?

Quanterix's stock was trading at $27.34 at the beginning of the year. Since then, QTRX shares have decreased by 56.1% and is now trading at $11.99.
View the best growth stocks for 2024 here
.

How were Quanterix's earnings last quarter?

Quanterix Co. (NASDAQ:QTRX) announced its earnings results on Thursday, August, 8th. The company reported ($0.25) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.02. The firm had revenue of $34.38 million for the quarter, compared to analyst estimates of $34.19 million. Quanterix had a negative trailing twelve-month return on equity of 11.52% and a negative net margin of 30.71%.

What is Kevin Hrusovsky's approval rating as Quanterix's CEO?

15 employees have rated Quanterix Chief Executive Officer Kevin Hrusovsky on Glassdoor.com. Kevin Hrusovsky has an approval rating of 70% among the company's employees.

When did Quanterix IPO?

Quanterix (QTRX) raised $50 million in an initial public offering on Thursday, December 7th 2017. The company issued 3,300,000 shares at $14.00-$16.00 per share. J.P. Morga and Leerink Partners acted as the underwriters for the IPO and BTIG and Evercore ISI were co-managers.

Who are Quanterix's major shareholders?

Quanterix's top institutional investors include Dimensional Fund Advisors LP (2.37%), Millennium Management LLC (2.18%), Easterly Investment Partners LLC (1.81%) and Emerald Advisers LLC (1.78%). Insiders that own company stock include David R Walt, E Kevin Hrusovsky, Masoud Toloue, Michael A Doyle, John J Fry, Dawn Mattoon, William P Donnelly, Mark T Roskey and David C Duffy.
View institutional ownership trends
.

How do I buy shares of Quanterix?

Shares of QTRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Quanterix own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Quanterix investors own include Editas Medicine (EDIT), Novavax (NVAX), Akoustis Technologies (AKTS), Advanced Micro Devices (AMD), CRISPR Therapeutics (CRSP), Walt Disney (DIS) and Illumina (ILMN).

This page (NASDAQ:QTRX) was last updated on 9/7/2024 by MarketBeat.com Staff

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