Quest Diagnostics Net Worth

Quest Diagnostics Net Worth Breakdown

  DGX
The net worth of Quest Diagnostics Incorporated is the difference between its total assets and liabilities. Quest Diagnostics' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Quest Diagnostics' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Quest Diagnostics' net worth can be used as a measure of its financial health and stability which can help investors to decide if Quest Diagnostics is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Quest Diagnostics Incorporated stock.

Quest Diagnostics Net Worth Analysis

Quest Diagnostics' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Quest Diagnostics' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Quest Diagnostics' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Quest Diagnostics' net worth analysis. One common approach is to calculate Quest Diagnostics' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Quest Diagnostics' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Quest Diagnostics' net worth. This approach calculates the present value of Quest Diagnostics' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Quest Diagnostics' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Quest Diagnostics' net worth. This involves comparing Quest Diagnostics' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Quest Diagnostics' net worth relative to its peers.

Enterprise Value

10.17 Billion

To determine if Quest Diagnostics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Quest Diagnostics' net worth research are outlined below:
Quest Diagnostics has a strong financial position based on the latest SEC filings
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: WATERS CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana Kahn Swick ...

Quest Diagnostics Quarterly Good Will

8.85 Billion

Quest Diagnostics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Quest Diagnostics Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Quest Diagnostics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Quest Diagnostics Target Price Consensus

Quest target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Quest Diagnostics' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   19  Buy
Most Quest analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Quest stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Quest Diagnostics, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Quest Diagnostics Target Price Projection

Quest Diagnostics' current and average target prices are 166.91 and 183.92, respectively. The current price of Quest Diagnostics is the price at which Quest Diagnostics Incorporated is currently trading. On the other hand, Quest Diagnostics' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Quest Diagnostics Market Quote on 19th of July 2025

Low Price165.88Odds
High Price170.29Odds

166.91

Target Price

Analyst Consensus On Quest Diagnostics Target Price

Low Estimate167.37Odds
High Estimate204.15Odds

183.9229

Historical Lowest Forecast  167.37 Target Price  183.92 Highest Forecast  204.15
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Quest Diagnostics Incorporated and the information provided on this page.

Know Quest Diagnostics' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Quest Diagnostics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Quest Diagnostics Incorporated backward and forwards among themselves. Quest Diagnostics' institutional investor refers to the entity that pools money to purchase Quest Diagnostics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2025-03-31
1.8 M
Wells Fargo & Co2025-03-31
1.8 M
Wellington Management Company Llp2025-03-31
1.8 M
Amvescap Plc.2025-03-31
1.3 M
Norges Bank2024-12-31
1.3 M
Nordea Investment Mgmt Bank Demark A/s2025-03-31
1.3 M
Fiduciary Management, Inc. Of Milwaukee2025-03-31
1.3 M
American Century Companies Inc2025-03-31
1.2 M
Alliancebernstein L.p.2025-03-31
1.2 M
Vanguard Group Inc2025-03-31
13.9 M
Blackrock Inc2025-03-31
10.1 M
Note, although Quest Diagnostics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Quest Diagnostics' market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 18.63 B.

Market Cap

15.82 Billion

Project Quest Diagnostics' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.14 
Return On Capital Employed 0.10  0.10 
Return On Assets 0.05  0.04 
Return On Equity 0.13  0.08 
The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.
When accessing Quest Diagnostics' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Quest Diagnostics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Quest Diagnostics' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Quest Diagnostics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Quest Diagnostics Incorporated. Check Quest Diagnostics' Beneish M Score to see the likelihood of Quest Diagnostics' management manipulating its earnings.

Evaluate Quest Diagnostics' management efficiency

Quest Diagnostics has Return on Asset of 0.0613 % which means that on every $100 spent on assets, it made $0.0613 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1395 %, implying that it generated $0.1395 on every 100 dollars invested. Quest Diagnostics' management efficiency ratios could be used to measure how well Quest Diagnostics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.10 in 2025, whereas Return On Tangible Assets are likely to drop 0.14 in 2025. At this time, Quest Diagnostics' Other Assets are fairly stable compared to the past year. Asset Turnover is likely to rise to 0.98 in 2025, whereas Total Assets are likely to drop slightly above 8.8 B in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 62.13  65.23 
Tangible Book Value Per Share(33.54)(31.86)
Enterprise Value Over EBITDA 12.29  7.44 
Price Book Value Ratio 2.47  2.99 
Enterprise Value Multiple 12.29  7.44 
Price Fair Value 2.47  2.99 
Enterprise Value9.7 B10.2 B
At Quest Diagnostics, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue
2.4572
Revenue
10.2 B
Quarterly Revenue Growth
0.121
Revenue Per Share
91.514
Return On Equity
0.1395
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Quest Diagnostics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Quest Diagnostics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Quest Diagnostics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Quest Diagnostics Corporate Filings

F4
17th of July 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
ASR
20th of June 2025
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
8K
22nd of May 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
14th of May 2025
Other Reports
ViewVerify
Quest Diagnostics time-series forecasting models is one of many Quest Diagnostics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Quest Diagnostics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Quest Diagnostics Earnings Estimation Breakdown

The calculation of Quest Diagnostics' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Quest Diagnostics is estimated to be 2.57 with the future projection ranging from a low of 2.54 to a high of 2.687. Please be aware that this consensus of annual earnings estimates for Quest Diagnostics Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.21
2.54
Lowest
Expected EPS
2.57
2.69
Highest

Quest Diagnostics Earnings Projection Consensus

Suppose the current estimates of Quest Diagnostics' value are higher than the current market price of the Quest Diagnostics stock. In this case, investors may conclude that Quest Diagnostics is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Quest Diagnostics' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2025Current EPS (TTM)
1993.28%
2.21
2.57
7.91

Quest Diagnostics Earnings History

Earnings estimate consensus by Quest Diagnostics analysts from Wall Street is used by the market to judge Quest Diagnostics' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Quest Diagnostics' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Quest Diagnostics Quarterly Gross Profit

863 Million

At this time, Quest Diagnostics' Retained Earnings are fairly stable compared to the past year. Earnings Yield is likely to rise to 0.05 in 2025, whereas Retained Earnings Total Equity is likely to drop slightly above 6.6 B in 2025. Common Stock Shares Outstanding is likely to rise to about 126.7 M in 2025, whereas Net Income Applicable To Common Shares is likely to drop slightly above 758.9 M in 2025.
Hype
Prediction
LowEstimatedHigh
165.29166.64167.99
Details
Intrinsic
Valuation
LowRealHigh
150.22177.11178.46
Details
Naive
Forecast
LowNextHigh
164.47165.82167.17
Details
19 Analysts
Consensus
LowTargetHigh
167.37183.92204.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Quest Diagnostics. Your research has to be compared to or analyzed against Quest Diagnostics' peers to derive any actionable benefits. When done correctly, Quest Diagnostics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Quest Diagnostics. Note that many institutional investors and large investment bankers can move markets due to the volume of Quest assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Quest Diagnostics. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Quest Diagnostics' stock price in the short term.

Quest Diagnostics Earnings per Share Projection vs Actual

Actual Earning per Share of Quest Diagnostics refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Quest Diagnostics Incorporated predict the company's earnings will be in the future. The higher the earnings per share of Quest Diagnostics, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Quest Diagnostics Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Quest Diagnostics, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Quest Diagnostics should always be considered in relation to other companies to make a more educated investment decision.

Quest Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Quest Diagnostics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
2025-04-21
2025-03-312.15022.210.0598
2025-01-30
2024-12-312.18432.230.0457
2024-10-22
2024-09-302.262.30.04
2024-07-23
2024-06-302.342.350.01
2024-04-23
2024-03-311.862.040.18
2024-02-01
2023-12-312.112.150.04
2023-10-24
2023-09-302.192.220.03
2023-07-26
2023-06-302.272.30.03
2023-04-27
2023-03-311.972.040.07
2023-02-02
2022-12-311.911.980.07
2022-10-20
2022-09-302.192.360.17
2022-07-21
2022-06-302.292.360.07
2022-04-21
2022-03-312.973.220.25
2022-02-03
2021-12-313.183.330.15
2021-10-21
2021-09-302.883.961.0837 
2021-07-22
2021-06-302.873.180.3110 
2021-04-22
2021-03-313.713.760.05
2021-02-04
2020-12-314.244.480.24
2020-10-22
2020-09-303.734.310.5815 
2020-07-23
2020-06-301.411.420.01
2020-04-22
2020-03-310.890.940.05
2020-01-30
2019-12-311.61.670.07
2019-10-22
2019-09-301.711.760.05
2019-07-23
2019-06-301.681.730.05
2019-04-23
2019-03-311.361.40.04
2019-02-14
2018-12-311.371.36-0.01
2018-10-23
2018-09-301.681.680.0
2018-07-24
2018-06-301.761.75-0.01
2018-04-19
2018-03-311.491.520.03
2018-02-01
2017-12-311.381.40.02
2017-10-19
2017-09-301.351.390.04
2017-07-25
2017-06-301.421.550.13
2017-04-20
2017-03-311.181.330.1512 
2017-01-26
2016-12-311.271.310.04
2016-10-20
2016-09-301.351.370.02
2016-07-21
2016-06-301.321.340.02
2016-04-21
2016-03-311.121.120.0
2016-01-28
2015-12-311.191.190.0
2015-10-22
2015-09-301.261.280.02
2015-07-23
2015-06-301.231.250.02
2015-04-23
2015-03-311.041.050.01
2015-01-29
2014-12-311.041.080.04
2014-10-23
2014-09-301.081.10.02
2014-07-24
2014-06-301.061.080.02
2014-04-24
2014-03-310.880.84-0.04
2014-01-30
2013-12-310.931.030.110 
2013-10-17
2013-09-301.21.02-0.1815 
2013-07-18
2013-06-301.091.06-0.03
2013-04-17
2013-03-311.030.89-0.1413 
2013-01-23
2012-12-311.021.01-0.01
2012-10-17
2012-09-301.181.180.0
2012-07-19
2012-06-301.171.170.0
2012-04-18
2012-03-311.011.070.06
2012-01-24
2011-12-311.061.230.1716 
2011-10-25
2011-09-301.111.130.02
2011-07-20
2011-06-301.121.120.0
2011-04-20
2011-03-3110.93-0.07
2011-01-25
2010-12-310.910.980.07
2010-10-20
2010-09-3011.050.05
2010-07-21
2010-06-301.061.070.01
2010-04-21
2010-03-310.980.95-0.03
2010-01-25
2009-12-310.960.970.01
2009-10-20
2009-09-300.961.020.06
2009-07-21
2009-06-300.951.00.05
2009-04-21
2009-03-310.820.890.07
2009-01-26
2008-12-310.80.870.07
2008-10-21
2008-09-300.820.840.02
2008-07-22
2008-06-300.780.830.05
2008-04-21
2008-03-310.70.720.02
2008-02-21
2007-12-310.780.790.01
2007-10-24
2007-09-300.760.770.01
2007-07-24
2007-06-300.680.730.05
2007-04-19
2007-03-310.690.59-0.114 
2007-01-25
2006-12-310.740.770.03
2006-10-19
2006-09-300.770.820.05
2006-07-24
2006-06-300.760.820.06
2006-04-20
2006-03-310.650.750.115 
2006-01-26
2005-12-310.620.640.02
2005-10-20
2005-09-300.710.66-0.05
2005-07-25
2005-06-300.720.720.0
2005-04-21
2005-03-310.630.640.01
2005-01-27
2004-12-310.60.60.0
2004-10-25
2004-09-300.640.63-0.01
2004-07-22
2004-06-300.640.640.0
2004-04-22
2004-03-310.520.550.03
2004-01-27
2003-12-310.490.510.02
2003-10-21
2003-09-300.540.560.02
2003-07-22
2003-06-300.550.560.01
2003-04-22
2003-03-310.410.430.02
2003-01-23
2002-12-310.390.40.01
2002-10-17
2002-09-300.410.440.03
2002-07-22
2002-06-300.410.440.03
2002-04-18
2002-03-310.30.340.0413 
2002-01-28
2001-12-310.240.260.02
2001-10-18
2001-09-300.240.260.02
2001-07-23
2001-06-300.240.260.02
2001-04-23
2001-03-310.160.190.0318 
2001-01-29
2000-12-310.150.150.0
2000-10-19
2000-09-300.120.150.0325 
2000-07-24
2000-06-300.160.160.0
2000-04-24
2000-03-310.090.10.0111 
2000-01-27
1999-12-310.050.060.0120 
1999-10-26
1999-09-300.070.070.0
1999-07-16
1999-06-300.080.10.0225 
1999-04-14
1999-03-310.060.060.0
1999-01-27
1998-12-310.040.050.0125 
1998-10-14
1998-09-300.050.050.0
1998-07-15
1998-06-300.070.080.0114 
1998-04-14
1998-03-310.030.060.03100 
1998-01-27
1997-12-310.010.020.01100 
1997-10-20
1997-09-300.030.030.0
1997-07-16
1997-06-300.060.070.0116 
1997-04-16
1997-03-310.020.040.02100 
1997-01-27
1996-12-31-0.01-0.010.0

Quest Diagnostics Corporate Directors

Gail WilenskyIndependent DirectorProfile
Wright LassiterIndependent DirectorProfile
Gary PfeifferIndependent DirectorProfile
Vicky GreggIndependent DirectorProfile

Additional Tools for Quest Stock Analysis

When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.