Quidel (QDEL) to Release Quarterly Earnings on Wednesday

Quidel (NASDAQ:QDEL) will release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Quidel to post earnings of $0.20 per share for the quarter.

Shares of Quidel (QDEL) opened at $45.87 on Monday. Quidel has a 52 week low of $20.43 and a 52 week high of $49.47. The company has a quick ratio of 5.68, a current ratio of 6.28 and a debt-to-equity ratio of 0.70.

Several research firms recently commented on QDEL. BidaskClub lowered shares of Quidel from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Piper Jaffray Companies reissued a “buy” rating and set a $60.00 price objective on shares of Quidel in a research note on Wednesday, January 24th. Barclays boosted their price objective on shares of Quidel from $50.00 to $60.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. CL King raised shares of Quidel from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Thursday, January 4th. Finally, Zacks Investment Research lowered shares of Quidel from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 28th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $53.50.

In other news, CEO Douglas C. Bryant sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $36.72, for a total value of $440,640.00. Following the transaction, the chief executive officer now owns 296,493 shares in the company, valued at $10,887,222.96. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas C. Bryant sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $37.36, for a total transaction of $1,344,960.00. Following the completion of the transaction, the chief executive officer now owns 296,493 shares in the company, valued at approximately $11,076,978.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 370,260 shares of company stock worth $15,293,980. Insiders own 22.00% of the company’s stock.

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About Quidel

Quidel Corporation is engaged in the development, manufacturing and marketing of diagnostic testing solutions. These diagnostic testing solutions are separated into four product categories: immunoassays, molecular assays, virology and specialty products. The Company sells its products directly to end users and distributors, in each case, for professional use in physician offices, hospitals, clinical laboratories, reference laboratories, universities, retail clinics, pharmacies and wellness screening centers.

Earnings History for Quidel (NASDAQ:QDEL)

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