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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 12304.3. Since its IPO date on the 12/26/1996, Quest Diagnostics Inc., DGX performance year to date is 27.38%. Today Quest Diagnostics Inc., DGX has gained -0.16%, with a current price of 88.61.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 91.80%. The management of the company have seen the company have a payout ratio of 33.10%. Return of assets are at 6.70%, 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 0.82. While Total debt/equity is 0.82. With a profit margin of 9.00%, this is combined with a gross margin of 38.70%, and operating margin of 16.50%. Quest Diagnostics Inc. ability to meet debt levels, with a current ratio of 1.6, while the quick ratio is 1.5.

For the last year Quest Diagnostics Inc., DGX has seen a EPS growth of 28.60%. A performance for the year of 32.64%. The 52-week high is -0.58%, and the 52-week low is 50.81%. The average volume for Quest Diagnostics Inc., DGX is 111502.

With a target price of 83.8, 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 18.79 and a forward P/E of 16.26. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.32. Quest Diagnostics Inc. also has a P/S and a P/B of 1.64 and 2.65 respectively. For P/cash, Quest Diagnostics Inc. has a value of 30.31, while it is 36.95 for P/free cash flow.

At the current price of 88.61, Quest Diagnostics Inc. has a dividend yield of 2.03%. We see a return on equity of 14.60%.

Looking more long-term Quest Diagnostics Inc., is projected to get an EPS growth for the next five years of 8.09%. In the short-term an EPS growth of 7.00% 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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