Professional
Added to YB: 2024-08-27
Pitch date: 2024-06-30
DGX [bullish]
Quest Diagnostics Incorporated
+36.66%
current return
Author Info
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Company Info
Quest Diagnostics Incorporated provides diagnostic testing and services in the United States and internationally.
Market Cap
$20.6B
Pitch Price
$133.59
Price Target
N/A
Dividend
1.73%
EV/EBITDA
10.18
P/E
21.77
EV/Sales
2.46
Sector
Health Care Providers and Services
Category
value
FMI Funds Portfolio Holding: Quest Diagnostics Incorporated
DGX: Top US clinical lab co (24% mkt share). $85B industry, 2% of healthcare spend, influences 70% of medical decisions. Mid-single digit revenue growth, high-single digit earnings growth expected. 2-5x cheaper than hospital labs. Aging population & chronic disease drive growth. Low-double digit annual return potential at below-market valuation.
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