Qiagen (QGEN) to Release Earnings on Monday

Qiagen (NYSE:QGEN) will be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Qiagen to post earnings of $0.26 per share for the quarter.

Qiagen (NYSE:QGEN) last posted its quarterly earnings results on Monday, February 4th. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.40. Qiagen had a net margin of 12.68% and a return on equity of 12.15%. The firm had revenue of $403.20 million during the quarter, compared to analyst estimates of $409.32 million. During the same quarter in the prior year, the business posted $0.43 earnings per share. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. On average, analysts expect Qiagen to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NYSE:QGEN opened at $38.96 on Friday. Qiagen has a 12-month low of $32.33 and a 12-month high of $41.55. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.22 and a quick ratio of 2.05. The stock has a market capitalization of $8.79 billion, a P/E ratio of 29.07, a price-to-earnings-growth ratio of 2.18 and a beta of 0.88.

Several research firms recently issued reports on QGEN. Zacks Investment Research lowered shares of Qiagen from a “hold” rating to a “sell” rating in a research report on Tuesday, April 9th. Deutsche Bank reissued a “buy” rating on shares of Qiagen in a research report on Friday, April 12th. Jefferies Financial Group reissued a “neutral” rating on shares of Qiagen in a research report on Monday, January 14th. Finally, UBS Group began coverage on shares of Qiagen in a research report on Friday, March 15th. They issued a “neutral” rating and a $42.00 price target for the company. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $41.71.

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About Qiagen

QIAGEN N.V. provides sample to insight solutions that transform biological materials into molecular insights worldwide. The company offers sample technologies for plasmid deoxyribonucleic acid (DNA) purification, ribonucleic acid purification and stabilization, genomic and viral nucleic acid purification, DNA cleanup after polymerase chain reaction (PCR) and sequencing, target enrichment, and library preparation for sequencing applications; and assay technology solutions.

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Earnings History for Qiagen (NYSE:QGEN)

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