If You Had Bought Quidel (NASDAQ:QDEL) Stock Five Years Ago, You Could Pocket A 986% Gain Today
NASDAQ:QDEL) share price down 10% in the last month. But over five years returns have been remarkably great. In fact, during that period, the share price climbed 986%. Impressive! So we don’t think the recent decline in the share price means its story is a sad one. But the real question is whether the business fundamentals can improve over the long term.” data-reactid=”28″>It might be of some concern to shareholders to see the Quidel Corporation (NASDAQ:QDEL) share price down 10% in the last month. But over five years returns have been remarkably great. In fact, during that period, the share price climbed 986%. Impressive! So we don’t think the recent decline in the share price means its story is a sad one. But the real question is whether the business fundamentals can improve over the long term.
We love happy stories like this one. The company should be really proud of that performance!
See our latest analysis for Quidel ” data-reactid=”30″> See our latest analysis for Quidel
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
During the last half decade, Quidel became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
report on Quidel’s earnings, revenue and cash flow.” data-reactid=”50″>It’s good to see that there was some significant insider buying in the last three months. That’s a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. It might be well worthwhile taking a look at our free report on Quidel’s earnings, revenue and cash flow.
A Different Perspective
1 warning sign for Quidel that you should be aware of before investing here.” data-reactid=”52″>It’s good to see that Quidel has rewarded shareholders with a total shareholder return of 300% in the last twelve months. That gain is better than the annual TSR over five years, which is 61%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It’s always interesting to track share price performance over the longer term. But to understand Quidel better, we need to consider many other factors. For example, we’ve discovered 1 warning sign for Quidel that you should be aware of before investing here.
list of growing companies with recent insider purchasing, could be just the ticket.” data-reactid=”53″>Quidel is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”55″>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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