QuidelOrtho Corporation (QDEL)
UndervaluedFundamental
47
Price
$13.73
Market Cap
$966M
Part 1 · What the company is worth
Overview
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, to 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 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, Japan and Asia Pacific, and Latin America. The company was incorporated in 1979 and is headquartered in San Diego, California.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$2.67B
Trailing 12 months (through 6/28/2026)
Net Income
$-1.05B
Trailing 12 months (through 6/28/2026)
Free Cash Flow
$-83M
Total Equity
$1.92B
Total Liabilities
$3.85B
Current Ratio
1.39
Interest Coverage
4.06
Debt/EBITDA
-
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$100.13
Current Price
$13.73
Margin of Safety
+86.3%
Fair Value Range
$65.08 - $135.18
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
-
ROE
-58.9%
P/B Ratio
0.53
P/FCF
-
Gross Margin
-
ROIC
-13.8%
Profitability Radar
Value Creation (Economic Moat)
ROIC
-13.8%
WACC
5.7%
ROIC − WACC
-19.4 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (9)
- P/B ratio 0.53
- Debt/equity ratio
- Current ratio
- Interest coverage
- DCF valuation (Undervalued)
- Revenue growth 5Y 10.4%
- Earnings surprise, average 85.4%
- Share dilution 0.9%
- Piotroski F-Score 6/9
Failed (9)
- EPS shows upward trend
- Price CAGR -7.03%
- ROIC -13.8%
- Operating margin -30.8%
- Positive free cash flow
- Return on tangible assets
- Low reliance on intangibles
- ROE -55.3%
- Net margin trend -39.2% vs -17.0%
Unavailable (8)
- Gross margin –
- P/FCF –
- Dividend payout –
- CapEx intensity
- Debt/EBITDA
- Price below Graham Number
- PEG ratio (needs P/E > 0 and growth > 0)
- Earnings quality (operating cash flow / net income)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
Low quality: investigate accounting
Share Dilution
Share count is stable
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Brian J. Blaser | President, CEO & Director | 60 |
| Mr. Philip D. McLellan | Chief Operations Officer | 55 |
| Mr. Jonathan P. Siegrist Ph.D. | Executive VP of Research & Development and CTO | 43 |
| Mr. Micah Young CPA | Chief Financial Officer & Principal Financial Officer | 46 |
| Ms. Juliet C. Cunningham | Vice President of Investor Relations | - |
| Mr. Nathaniel B. Sisitsky Esq. | Chief Legal Officer & Corporate Secretary | 51 |
| Ms. Lisa S. Hayes | Vice President of Global Marketing & Corporate Communications | - |
| Mr. Bryan M. Hanson | Executive VP of Global Portfolio Management and Marketing | 45 |
| Mr. Erich Wolff | Executive Vice President of Strategy & Corporate Development | - |
| Mr. Ronald Lee Bowman | Chief Human Resources Officer | 46 |
Audit Risk
6
Board Risk
2
Compensation Risk
5
Shareholder Rights Risk
4
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-19
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-07
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-23
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much QDEL moves, measured on its daily prices.
More volatile than 98% of the tracked stocks (90-day volatility).
- Volatility 30d
- 72.9%
- Volatility 90d
- 95.8%
- Beta vs S&P 500 (1y)
- 2.61Correlation 0.37
- Max drawdown (12m)
- -71.8%
- ATR (14d, % of price)
- 7.33%
Earnings reactions
How QDEL moved around its past quarterly results.
Next earnings release
Nov 3, 2026 · In 10 days · Time not known
EPS estimate: 0.18Revenue estimate: $628M
What usually happens
- Over the last 12 releases the stock moved a median of 9.8% the next day, up or down.
- Next-day moves: up 6, down 6 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026 | After the close | -0.05 | 0.13 | +374.3% | -22.4% | -24.7% | -7.5% |
| May 5, 2026 | After the close | 0.40 | -0.04 | -109.9% | -4.3% | -6.0% | -4.6% |
| Feb 11, 2026 | After the close | 0.43 | 0.46 | +6.6% | -7.4% | -17.6% | -18.0% |
| Nov 5, 2025 | After the close | 0.47 | 0.80 | +70.7% | -3.3% | -22.3% | -17.5% |
| Aug 5, 2025 | After the close | n/a | n/a | n/a | +15.1% | -1.0% | +6.4% |
| May 7, 2025 | After the close | n/a | n/a | n/a | +10.9% | +41.0% | +29.8% |
| Feb 12, 2025 | After the close | n/a | n/a | n/a | +9.7% | +4.3% | +2.7% |
| Nov 7, 2024 | After the close | n/a | n/a | n/a | +7.5% | +12.6% | +0.3% |
| Jul 31, 2024 | After the close | n/a | n/a | n/a | +6.5% | +6.9% | +0.8% |
| May 8, 2024 | After the close | n/a | n/a | n/a | -0.1% | +2.2% | +5.3% |
| Feb 13, 2024 | After the close | n/a | n/a | n/a | -30.7% | -32.2% | -25.9% |
| Nov 1, 2023 | After the close | n/a | n/a | n/a | +2.6% | +3.7% | -0.3% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on QDEL and what the price did next.
- 4/16/2026NegativeQuidelOrtho Stock Sinks To 52-Week Low - Here's Why
Published while the US market was open: the move of that day cannot be split into before and after the news, so no figure is shown.
- 3/9/2026PositiveRice Hall James Buys QuidelOrtho Stock
- +1 day
- -5.5%
- +3 days
- -14.1%
- 3/2/2026PositiveQuidelOrtho Corp Director Purchases 10k Shares as CFO Retires
- +1 day
- -0.7%
- +3 days
- -6.7%
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for QDEL.
- 4/16/2026NEGATIVEQuidelOrtho Stock Sinks To 52-Week Low - Here's Why
QuidelOrtho Inc. (QDEL) shares plummeted to a 52-week low following the company's announcement of Q1 revenue falling short of expectations, projected between $615 million and $620 million. The company cited significant headwinds, including challenges in the Chinese market and an unusually mild flu season, which directly impacted sales volumes. This revenue miss, coupled with a substantial 32% stock decline, signals considerable operational and market challenges for the diagnostics company. Investors are closely monitoring management's strategy to navigate these difficulties and restore growth momentum.
- 3/9/2026POSITIVERice Hall James Buys QuidelOrtho Stock
Institutional investor Rice Hall James has disclosed a significant purchase of QuidelOrtho stock, signaling strong conviction in the company's future prospects. QuidelOrtho, a global leader in diagnostic technologies for healthcare providers, operates across labs, clinics, and retail settings. This strategic investment by a notable fund manager suggests an expectation of positive performance, potentially driven by anticipated growth in the diagnostics market or specific company catalysts. Investors will monitor QuidelOrtho's upcoming financial reports and strategic announcements for validation of this positive sentiment.
- 3/2/2026POSITIVEQuidelOrtho Corp Director Purchases 10k Shares as CFO Retires
Markets Gazette reports a potentially bullish signal for QuidelOrtho Corporation (QDEL). Despite a multi-year decline in the stock and the recent announcement of the CFO's retirement, a board member has purchased a significant 10,000 shares of the company. This move, coming from an insider with deep knowledge of the company's dynamics, could indicate internal confidence in the firm's ability to reverse its fortunes. Investors will be closely watching whether this substantial insider purchase might foreshadow a turnaround for the stock, which has struggled to gain momentum in recent years. Insider optimism often acts as a catalyst for market sentiment.