QuidelOrtho (QDEL) Price to Sales (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Price to Sales came in at 4.5 in Q1 2024, down 35.77% year-over-year from 7.01 in Q2 2023, and down 31.32% quarter-over-quarter from 6.56 in Q4 2023.
Analysis
QuidelOrtho (QDEL) Price to Sales (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Price to Sales across 4 years of filings, most recently posting 4.5 for Q1 2024.
- In Q1 2024, Price to Sales fell 35.77% year-over-year to 4.5; the TTM figure through Mar 2024 stood at 1.08 (down 36.4% YoY), while the FY2024 annual figure was 1.07, down 34.74% from the prior year.
- Price to Sales came in at 4.5 for Q1 2024 at QuidelOrtho, down from 6.56 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 29.51 in Q3 2021 to a low of 4.5 in Q1 2024.
- Average Price to Sales over 4 years is 8.98, with a median of 6.79 recorded in 2023.
- Year-over-year, Price to Sales tumbled 75.48% in 2022 and jumped 47.59% in 2023.
- Over 4 years, Price to Sales stood at 10.96 in 2021, then plunged by 45.09% to 6.02 in 2022, then gained by 8.95% to 6.56 in 2023, then plunged by 31.32% to 4.5 in 2024.
- Per Business Quant data, the three most recent Price to Sales figures were 4.5 in Q1 2024, 6.56 in Q4 2023, and 8.32 in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 31.10 Bn | 29.22 Bn | 2.18 Bn |
| 2 | Lantheus Holdings | 6.59 Bn | 6.00 Bn | 241.86 Mn |
| 3 | Heartflow | 4.24 Bn | 3.87 Bn | 53.19 Mn |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn |
| 5 | Butterfly Network | 1.75 Bn | 1.62 Bn | 23.29 Mn |
| 6 | QuidelOrtho | 954.15 Mn | 830.75 Mn | - |
| 7 | Ceribell | 944.88 Mn | 815.62 Mn | 25.94 Mn |
| 8 | Anbio Biotechnology | 941.05 Mn | 929.15 Mn | - |
| 9 | Varex Imaging | 780.16 Mn | 694.86 Mn | 76.70 Mn |
| 10 | Prenetics Global | 357.49 Mn | 298.35 Mn | 30.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 4.50 |
| Oct 1, 2023 | 6.56 |
| Jul 2, 2023 | 8.32 |
| Apr 2, 2023 | 7.01 |
| Jan 1, 2023 | 4.88 |
| Oct 2, 2022 | 6.02 |
| Jul 3, 2022 | 7.24 |
| Apr 3, 2022 | 4.75 |
| Oct 3, 2021 | 10.96 |
| Jul 4, 2021 | 29.51 |