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QuidelOrtho (QDEL) Competitors

QuidelOrtho logo
$44.84 +1.81 (+4.21%)
(As of 12/20/2024 05:51 PM ET)

QDEL vs. MMSI, HAE, XRAY, ICUI, NEOG, STAA, CERS, OSUR, ANIK, and UTMD

Should you be buying QuidelOrtho stock or one of its competitors? The main competitors of QuidelOrtho include Merit Medical Systems (MMSI), Haemonetics (HAE), DENTSPLY SIRONA (XRAY), ICU Medical (ICUI), Neogen (NEOG), STAAR Surgical (STAA), Cerus (CERS), OraSure Technologies (OSUR), Anika Therapeutics (ANIK), and Utah Medical Products (UTMD). These companies are all part of the "health care supplies" industry.

QuidelOrtho vs.

QuidelOrtho (NASDAQ:QDEL) and Merit Medical Systems (NASDAQ:MMSI) are both mid-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, media sentiment, institutional ownership, community ranking, risk, valuation, dividends, earnings and analyst recommendations.

99.0% of QuidelOrtho shares are owned by institutional investors. Comparatively, 99.7% of Merit Medical Systems shares are owned by institutional investors. 1.0% of QuidelOrtho shares are owned by company insiders. Comparatively, 3.7% of Merit Medical Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Merit Medical Systems has lower revenue, but higher earnings than QuidelOrtho. QuidelOrtho is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
QuidelOrtho$2.82B1.07-$10.10M-$27.90-1.61
Merit Medical Systems$1.26B4.55$94.41M$2.0448.15

QuidelOrtho currently has a consensus target price of $53.43, indicating a potential upside of 19.15%. Merit Medical Systems has a consensus target price of $105.60, indicating a potential upside of 7.51%. Given QuidelOrtho's higher probable upside, analysts plainly believe QuidelOrtho is more favorable than Merit Medical Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
QuidelOrtho
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.00

Merit Medical Systems has a net margin of 9.05% compared to QuidelOrtho's net margin of -66.25%. Merit Medical Systems' return on equity of 15.61% beat QuidelOrtho's return on equity.

Company Net Margins Return on Equity Return on Assets
QuidelOrtho-66.25% 4.24% 2.17%
Merit Medical Systems 9.05%15.61%8.38%

QuidelOrtho received 10 more outperform votes than Merit Medical Systems when rated by MarketBeat users. However, 69.33% of users gave Merit Medical Systems an outperform vote while only 67.17% of users gave QuidelOrtho an outperform vote.

CompanyUnderperformOutperform
QuidelOrthoOutperform Votes
444
67.17%
Underperform Votes
217
32.83%
Merit Medical SystemsOutperform Votes
434
69.33%
Underperform Votes
192
30.67%

In the previous week, Merit Medical Systems had 15 more articles in the media than QuidelOrtho. MarketBeat recorded 20 mentions for Merit Medical Systems and 5 mentions for QuidelOrtho. QuidelOrtho's average media sentiment score of 1.48 beat Merit Medical Systems' score of 0.95 indicating that QuidelOrtho is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
QuidelOrtho
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merit Medical Systems
8 Very Positive mention(s)
7 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

QuidelOrtho has a beta of 0.11, indicating that its stock price is 89% less volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500.

Summary

Merit Medical Systems beats QuidelOrtho on 15 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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QDEL vs. The Competition

MetricQuidelOrthoDiagnostic substances IndustryMedical SectorNASDAQ Exchange
Market Cap$3.02B$2.51B$5.13B$9.08B
Dividend YieldN/A0.73%4.93%4.22%
P/E Ratio-1.616.0789.5817.18
Price / Sales1.0775.081,115.01116.87
Price / Cash3.7615.0542.8237.86
Price / Book0.603.284.804.78
Net Income-$10.10M$29.98M$120.04M$225.60M
7 Day Performance8.44%-1.55%-1.91%-1.23%
1 Month Performance18.34%8.21%11.48%3.36%
1 Year Performance-39.22%-21.46%30.59%16.59%

QuidelOrtho Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QDEL
QuidelOrtho
4.1257 of 5 stars
$44.84
+4.2%
$53.43
+19.2%
-36.8%$3.02B$2.82B-1.617,100Positive News
MMSI
Merit Medical Systems
4.4695 of 5 stars
$102.88
+0.1%
$105.09
+2.1%
+37.0%$6.00B$1.33B50.476,950News Coverage
HAE
Haemonetics
4.5863 of 5 stars
$82.52
+1.6%
$108.78
+31.8%
-12.5%$4.14B$1.36B33.693,657Positive News
XRAY
DENTSPLY SIRONA
4.8893 of 5 stars
$20.02
+1.5%
$28.40
+41.9%
-45.0%$3.98B$3.90B-9.5315,000Analyst Forecast
ICUI
ICU Medical
4.5902 of 5 stars
$160.78
-0.5%
$199.67
+24.2%
+61.3%$3.94B$2.34B-35.3714,000
NEOG
Neogen
3.4623 of 5 stars
$12.12
-0.2%
$17.50
+44.4%
-39.8%$2.63B$912.20M-110.452,640Analyst Forecast
News Coverage
STAA
STAAR Surgical
4.8273 of 5 stars
$24.39
-1.9%
$42.83
+75.6%
-19.9%$1.20B$322.42M56.501,115Insider Trade
Positive News
CERS
Cerus
2.8085 of 5 stars
$1.81
+5.6%
$3.63
+100.8%
-25.1%$335.22M$176.23M-15.55625
OSUR
OraSure Technologies
4.36 of 5 stars
$4.03
+3.1%
$5.50
+36.5%
-53.6%$300.61M$224.26M27.60638News Coverage
Gap Down
ANIK
Anika Therapeutics
4.1658 of 5 stars
$17.20
+0.2%
$24.50
+42.4%
-26.8%$251.91M$164.17M-2.58357Positive News
UTMD
Utah Medical Products
2.9141 of 5 stars
$62.95
+0.5%
N/A-27.9%$213.40M$50.22M14.73180Positive News

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This page (NASDAQ:QDEL) was last updated on 12/21/2024 by MarketBeat.com Staff
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