Qiagen P/E 2024

Qiagen P/E

21.27

Qiagen Dividend yield

2.38 %

Ticker

QGEN

ISIN

NL0012169213

WKN

A2DKCH

As of May 16, 2024, Qiagen's P/E ratio was 21.27, a -31.23% change from the 30.93 P/E ratio recorded in the previous year.

The Qiagen P/E history

Qiagen Aktienanalyse

What does Qiagen do?

Qiagen NV is a biotechnology company based in Venlo, Netherlands. The company was founded in 1984 as a spin-off from the University of Düsseldorf and has since become a leading provider of molecular diagnostic products and systems. Qiagen operates in four business areas: Life Sciences, Molecular Diagnostics, Applied Testing, and Pharma. Life Sciences is the largest business area of the company and offers a wide range of products for DNA sequencing, gene expression, RNA isolation and analysis, as well as protein analysis. Molecular Diagnostics specializes in diagnostic tests for diseases such as cancer, infections, and genetic disorders. Applied Testing provides solutions for forensic analysis and food and environmental analysis, while Pharma offers products and services for drug discovery and development. In recent years, Qiagen has focused mainly on the development of molecular diagnostic tests for cancer and infection-related diseases such as HIV, hepatitis, and tuberculosis. These tests enable earlier detection of diseases and more targeted therapy, improving patient care and reducing healthcare costs. One example of a successful Qiagen product is the Cobas HPV Test, a molecular diagnostic test for the detection of human papillomaviruses (HPV) responsible for cervical cancer. The test is distributed by Roche Diagnostics and is one of the best-selling molecular diagnostic tests in the world. Qiagen also has a strong presence in academic research and is a major provider of tools and technologies for DNA sequencing and genome research. Customers include leading research institutes, universities, and pharmaceutical companies. In recent years, Qiagen has also expanded through acquisitions to expand its offering of products and technologies and enter new markets. For example, in 2018, the company acquired N-of-One, a provider of artificial intelligence in cancer diagnostics, and NeuMoDx Molecular, a provider of molecular diagnostic platforms for laboratories. In 2020, Qiagen also played a crucial role in the development of tests for the new coronavirus (SARS-CoV-2). The company, together with other leading diagnostic companies, developed molecular diagnostic tests for rapid and reliable diagnosis of COVID-19. Overall, Qiagen is an important player in the biotech industry, offering a wide range of products and services for molecular diagnostics, genome research, and pharmaceutical research. Qiagen has a strong competitive position due to its innovative products and technologies, strong presence in academic research, and strategic acquisitions to expand its product portfolio and market access. Qiagen ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Qiagen's P/E Ratio

The Price to Earnings (P/E) Ratio of Qiagen is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Qiagen's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Qiagen is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Qiagen’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Qiagen Stock

What is the price-to-earnings ratio of Qiagen?

The price-earnings ratio of Qiagen is currently 21.27.

How has the price-earnings ratio of Qiagen changed compared to last year?

The price-to-earnings ratio of Qiagen has increased by -31.23% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Qiagen high compared to other companies?

Yes, the price-to-earnings ratio of Qiagen is high compared to other companies.

How does an increase in the price-earnings ratio of Qiagen affect the company?

An increase in the price-earnings ratio of Qiagen would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Qiagen affect the company?

A decrease in the price-earnings ratio of Qiagen would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Qiagen?

Some factors that influence the price-earnings ratio of Qiagen are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Qiagen pay?

Over the past 12 months, Qiagen paid a dividend of 1.08 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Qiagen is expected to pay a dividend of 0 USD.

What is the dividend yield of Qiagen?

The current dividend yield of Qiagen is 2.38 %.

When does Qiagen pay dividends?

Qiagen pays a quarterly dividend. This is distributed in the months of February, February, February, February.

How secure is the dividend of Qiagen?

Qiagen paid dividends every year for the past 5 years.

What is the dividend of Qiagen?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Qiagen located?

Qiagen is assigned to the 'Health' sector.

Wann musste ich die Aktien von Qiagen kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Qiagen from 2/1/2024 amounting to 1.32 USD, you needed to have the stock in your portfolio before the ex-date on 1/30/2024.

When did Qiagen pay the last dividend?

The last dividend was paid out on 2/1/2024.

What was the dividend of Qiagen in the year 2023?

In the year 2023, Qiagen distributed 0 USD as dividends.

In which currency does Qiagen pay out the dividend?

The dividends of Qiagen are distributed in USD.

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Andere Kennzahlen von Qiagen

Our stock analysis for Qiagen Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Qiagen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.