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A look at a High Market Cap Stock: Quest Diagnostics Inc., DGX

Quest Diagnostics Inc., DGX is in the exchange NYSE and its industry is Medical Laboratories & Research in the sector of Healthcare. Based in USA, Quest Diagnostics Inc., DGX  has a market cap of 11656.1. Since its IPO date on the 12/26/1996, Quest Diagnostics Inc., DGX performance year to date is 17.46%. Today Quest Diagnostics Inc., DGX has gained 1.23%, with a current price of 82.23.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 96.60%. The management of the company have seen the company have a payout ratio of 29.70%. Return of assets are at 7.50%, with return on investment at 12.30%.

In terms of debt levels and profit levels, Quest Diagnostics Inc., DGX is seeing a long-term debt/equity of 0.81. While Total debt/equity is 0.84. With a profit margin of 9.90%, this is combined with a gross margin of 38.60%, and operating margin of 19.00%. Quest Diagnostics Inc. ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 1.3.

For the last year Quest Diagnostics Inc., DGX has seen a EPS growth of 28.60%. A performance for the year of 18.69%. The 52-week high is 0.66%, and the 52-week low is 39.97%. The average volume for Quest Diagnostics Inc., DGX is 1516646.

With a target price of 75.8, can Quest Diagnostics Inc., DGX reach this target? Looking at the value indicators of Quest Diagnostics Inc., DGX. Quest Diagnostics Inc. has a P/E of 15.94 and a forward P/E of 15.17. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.07. Quest Diagnostics Inc. also has a P/S and a P/B of 1.55 and 2.54 respectively. For P/cash, Quest Diagnostics Inc. has a value of 91.06, while it is 27.23 for P/free cash flow.

At the current price of 82.23, Quest Diagnostics Inc. has a dividend yield of 1.95%. We see a return on equity of 16.40%.

Looking more long-term Quest Diagnostics Inc., is projected to get an EPS growth for the next five years of 7.72%. In the short-term an EPS growth of 6.42% in the next year is forecasted. This is after a EPS growth of 28.60% for this year and for the last five years a 4.10% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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