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Quest Diagnostics (DGX) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-11-10 15:45
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E, PEG, and Price/Sales [3] - The Growth Score assesses a company's financial health and future outlook through projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for evaluating stocks based on value, growth, and momentum [6] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to facilitate portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7][8] - There are over 800 stocks rated 1 or 2, making it essential for investors to select stocks with high Style Scores to maximize potential success [9] Stock Analysis: Quest Diagnostics (DGX) - Quest Diagnostics Inc. provides diagnostic information services to a wide range of customers, including physicians and hospitals, and is a key provider of reference testing for about half of U.S. hospitals [11] - DGX holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, and is projected to have a year-over-year earnings growth of 9.6% for the current fiscal year [12] - The Zacks Consensus Estimate for DGX has increased by $0.05 to $9.79 per share, with eight analysts revising their earnings estimates upwards in the last 60 days [12] - With a solid Zacks Rank and strong Growth and VGM Style Scores, DGX is recommended for investors' consideration [13]
Quest Diagnostics to Speak at Citi's 2025 Global Healthcare Conference
Prnewswire· 2025-11-03 21:09
Accessibility StatementSkip Navigation SECAUCUS, N.J., Nov. 3, 2025 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX), a leader in diagnostic information services, announced that Sam Samad, Executive Vice President and Chief Financial Officer, will speak on the company's strategy, performance and the latest market developments and trends during Citi's 2025 Global Healthcare Conference in Miami on Tuesday, December 2, 2025, at 3:15 p.m. Eastern Time. The fireside chat and Q&A session will be webcast ...
Digi Power X Strengthens Balance Sheet to Support 2026 AI Infrastructure Development Plan
Globenewswire· 2025-11-03 12:30
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025. MIAMI, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company, today announced a significant strengthening of its balance sheet and liquidity position to support its 2026 AI infrastructure development and is also ple ...
Digi Power X to Announce 2025 Q3 Financial Results on November 13th
Globenewswire· 2025-10-30 11:30
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025 MIAMI, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a U.S. developer of Tier III-grade high-performance computing (HPC) infrastructure, plans to announce its financial results for the quarter ended September 30, 2025(all amounts in U.S. dollars, unles ...
New Study Demonstrates Accuracy of Two Quest AD-Detect® Tests for Alzheimer's Disease Diagnosis
Prnewswire· 2025-10-27 11:45
Core Insights - The Quest AD-Detect® blood tests demonstrate high accuracy in identifying Alzheimer's disease pathology, potentially reducing the need for PET imaging confirmation [1][2][3] Test Performance - The study evaluated two blood tests with 91% sensitivity and 91% specificity in a population of 215 patients with mild cognitive impairment or Alzheimer's disease, where 46% were amyloid PET-positive [4][5] - The test combining AB 42/40, p-tau217, and ApoE4 had a positive predictive value (PPV) of 88% and a negative predictive value (NPV) of 91%, while the test without ApoE4 had a PPV of 87% and the same NPV [4] Indeterminate Results - The indeterminate rate was found to be 10% for the test with all three biomarkers and 15% for the test without ApoE4, aligning with recommendations that no more than 15%-20% of individuals should have indeterminate results [5] Market Context - Nearly 7 million Americans are diagnosed with Alzheimer's disease, projected to reach 14 million by 2060, highlighting the growing need for effective diagnostic tools [7] - Blood tests are considered more cost-effective compared to invasive methods like CSF lumbar puncture and PET imaging, which could benefit the healthcare system [8] Company Commitment - Quest Diagnostics is focused on developing innovative diagnostics for Alzheimer's disease and other brain diseases, aiming to improve patient care and health outcomes [8][9]
Quest Diagnostics: Strong Q3, Steady (Not Spectacular) Growth Ahead
Seeking Alpha· 2025-10-22 19:10
Group 1 - The article promotes a weekly newsletter focused on stocks in the biotech, pharma, and healthcare industries, aimed at both novice and experienced investors [1] - The newsletter provides insights on key trends, catalysts driving valuations, product sales forecasts, and integrated financial statements for major pharmaceutical companies [1] - Edmund Ingham, a biotech consultant with over 5 years of experience, leads the investing group Haggerston BioHealth and has compiled detailed reports on more than 1,000 companies [1]
Quest Diagnostics Analysts Increase Their Forecasts After Q3 Earnings
Benzinga· 2025-10-22 17:19
Core Insights - Quest Diagnostics reported better-than-expected earnings for Q3, with revenue of $2.82 billion, a 13.1% increase from the previous year, surpassing estimates of $2.74 billion [2] - The company raised its revenue and adjusted earnings guidance for full-year 2025 but lowered its GAAP earnings per share guidance to a range of $8.58 to $8.66 from a prior range of $8.60 to $8.80, which may negatively impact share prices [1] - Analysts have adjusted their price targets for Quest Diagnostics following the earnings announcement, with Truist Securities raising the target from $195 to $205 and Barclays increasing it from $190 to $195 [5] Financial Performance - Revenue for the quarter was $2.82 billion, exceeding estimates and reflecting a 13.1% year-over-year growth [2] - Adjusted earnings per share were reported at $2.60, beating estimates of $2.50 [2] Management Commentary - Jim Davis, chairman, president, and CEO, highlighted strong demand for clinical solutions and effective execution of the company's strategy as key drivers of growth [3] Market Reaction - Following the earnings announcement, Quest Diagnostics shares fell by 1.4%, trading at $181.99 [3]
Digi Power X Appoints Wealth Management Leader Ajay Gupta to its Board of Directors
Globenewswire· 2025-10-22 11:30
Core Viewpoint - Digi Power X Inc. has appointed Ajay Gupta to its board of directors, bringing extensive experience in wealth management and investment strategy to the company [1][2][6]. Company Overview - Digi Power X is a U.S. developer of Tier III-grade high-performance computing infrastructure, focusing on sustainable energy assets and AI data centers [1][7]. - The company aims to lead in the intersection of clean power, AI, and digital infrastructure [6]. Ajay Gupta's Background - Ajay Gupta is a seasoned wealth management executive and investor, known for his leadership in building and advising respected financial organizations [2][3]. - He previously founded Gupta Wealth Management, which merged with Creative Planning, a $390 billion registered investment advisor, where he served as Chief Investment Strategist [3]. - Gupta has been featured in Tony Robbins' bestseller "Money: Master the Game," highlighting his expertise in finance [3]. Board Contributions - Gupta's appointment is expected to enhance Digi Power X's strategic insight and global relationships, crucial for the company's growth [6]. - He also serves on the boards of several organizations, including CAZ Investments, a $10 billion alternative investment firm [4]. Educational Background - Gupta holds a Bachelor of Commerce in Finance from Concordia University and has completed advanced executive programs at prestigious institutions such as Wharton, University of Chicago Booth, and Harvard Business School [5].
Quest Diagnostics Incorporated 2025 Q3 - Results - Earnings Call Presentation (NYSE:DGX) 2025-10-21
Seeking Alpha· 2025-10-21 19:30
Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It mentions that users with ad-blockers may face restrictions when trying to access the content [1]
Quest Diagnostics Stock Up on Q3 Earnings & Revenue Beat, Margins Rise
ZACKS· 2025-10-21 14:31
Core Insights - Quest Diagnostics Inc. reported third-quarter 2025 adjusted earnings per share (EPS) of $2.60, exceeding the Zacks Consensus Estimate by 3.59% and up 13% year-over-year [1][8] - The company's revenues for the quarter rose 15.2% year-over-year to $2.82 billion, surpassing the Zacks Consensus Estimate by 3.45% [3][8] - The gross margin expanded by 110 basis points to 33.7%, indicating improved profitability [5][8] Revenue Performance - Diagnostic Information Services revenues increased by 13.5% year-over-year to $2.76 billion, exceeding projections [3] - Test volumes rose by 12.5% year-over-year, contributing to revenue growth [4][8] - Revenue per requisition saw a slight increase of 0.8% year-over-year [4] Margin and Cost Analysis - The cost of services for the quarter was $1.87 billion, up 11.3% year-over-year, while gross profit rose 17% to $949 million [5] - Selling, General and Administrative (SG&A) expenses were $501 million, an increase of 11.8% from the previous year [5] - The adjusted operating margin improved to 15.9%, reflecting a 132-basis point expansion year-over-year [5] Financial Position - At the end of Q3 2025, the company had cash and cash equivalents of $432 million, up from $319 million at the end of Q2 [6] - Cumulative net cash provided by operating activities reached $1.42 billion, compared to $858 million in the same period last year [6] - The company has a five-year annualized dividend growth rate of 7.21% [6] Guidance and Outlook - Quest Diagnostics updated its full-year 2025 revenue guidance to a range of $10.96 billion to $11.00 billion, indicating a year-over-year increase of 11% to 11.4% [7] - Adjusted EPS guidance was raised to a range of $9.76 to $9.84, up from the previous range of $9.63 to $9.83 [7] Strategic Developments - The quarter included a joint venture agreement with Corewell Health for lab services in Michigan and the acquisition of dialysis testing assets from Fresenius Medical Care [10] - The company received FDA breakthrough device designation for the Haystack MRD test and formed collaborations with Mass General Brigham and Rutgers Cancer Institute [10]