Quest Diagnostics (DGX)

Quest Diagnostics (DGX)

Summary:  OVERPRICED

Score:  8/20
MOS: -110%
Share Price:  $110
Sticker Price:  $52

Is DGX (Quest Diagnostics) a good investment?

Quest Diagnostics was founded in 1967 and is based out of Secaucus, NJ.  Quest is a clinical laboratory that operations in the US, Mexico, Puerto Rico, and Brazil.  They specifically offer access to diagnostic testing services for cancer, cardiovascular disease, infectious disease, neurological disorders, and COVID-19.

Quest was the first west coast lab to offer broad-based COVID-19 testing but unfortunately COVID-19 tests don’t exactly have a wide moat.  Many healthcare operations and laboratories have the ability to test COVID-19.  When conducting a simple google search in your area, dozens of testing centers nearby will appear on Google Maps.

Some of Quest’s top competitors include:

Invitae (NVTA)
Summary:  OVERPRICED
Score:  5/20
Share Price:  $33
Sticker Price:  $8

Abbott (ABT)
Summary:  OVERPRICED
Score:  9/20
Share Price:  $105
Sticker Price:  $11

Thermo Fisher Scientific (TMO)
Summary:  OVERPRICED
Score:  9/20
Share Price:  $436
Sticker Price:  $516

Is Quest a good investment?  Overall, Quest and their competitors do not pass the Tykr test.  My advice is to keep your distance.  With a score of 8/20, Quest’s financials show that this stock is too much of a risk.  With a share price of $110 and sticker price of $52, this stock could be on its way down.

The Summary, Score, and MOS of this stock may have changed since the posting of this review. Please login to Tykr to see up-to-date information.