Qiagen (QGEN) Up 8.1% Since Last Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Qiagen (QGEN). Shares have added about 8.1% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Qiagen due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
It turns out, fresh estimates have trended upward during the past month.
The consensus estimate has shifted 6.92% due to these changes.
Currently, Qiagen has a nice Growth Score of B, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Qiagen has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Qiagen belongs to the Zacks Medical - Biomedical and Genetics industry. Another stock from the same industry, Incyte (INCY), has gained 12.6% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025.
Incyte reported revenues of $1.05 billion in the last reported quarter, representing a year-over-year change of +19.5%. EPS of $1.16 for the same period compares with $0.64 a year ago.
For the current quarter, Incyte is expected to post earnings of $1.38 per share, indicating a change of +175.8% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.6% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Incyte. Also, the stock has a VGM Score of A.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
QIAGEN N.V. (QGEN) : Free Stock Analysis Report
Incyte Corporation (INCY) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
Texas Pacific Land Corporation (TPL): A Bull Case Theory
We came across a bullish thesis on Texas Pacific Land Corporation (TPL) on The ROI Club's Substack. In this article, we will summarize the bulls' thesis on TPL. Texas Pacific Land Corporation (TPL)'s share was trading at $1110.14 as of 2nd June. TPL's trailing and forward P/E were 55.53 and 37.74 respectively according to Yahoo Finance. Aerial shot of the rugged landscape of Yukon, Canada reflecting the exploration for mineral properties. Texas Pacific Land Corporation (TPL) is a rare example of a business whose origins lie in a failed railroad venture but has evolved into one of the most quietly powerful landowners in America. Born from millions of acres granted for a railway that never materialized, TPL inherited vast West Texas land at virtually zero cost. Initially overlooked as barren desert, this land's value has grown dramatically over time as the Permian Basin transformed into a global energy powerhouse. From modest grazing leases, TPL now generates substantial royalties from hydrocarbon extraction and easement fees for pipelines and infrastructure, driving revenues from $28 million in 2016 to $373 million in 2024, a 38% CAGR. The company has also capitalized on the rise of fracking by establishing a new, rapidly growing revenue stream from sourced and produced water sales, which now represent over a third of total revenues and grow at around 44% annually. Unlike capital-intensive peers, TPL operates with minimal costs, relying on royalty and easement income—earning what can be described as 'mailbox money.' This capital-light model allows cash flow to compound steadily, benefiting from what the author terms 'positive theta,' where value increases with time rather than decays. Market skeptics often misprice TPL by focusing on traditional metrics like P/E ratios without appreciating its unique growth driven by natural resource demand, infrastructure needs, and scarce groundwater rights. Positioned amid expanding energy and data center infrastructure, TPL's land ownership anchors its long-term growth potential, making it a compelling investment that thrives on time, scarcity, and simplicity. In essence, while many see a legacy oil company, TPL is emerging as a dominant water and infrastructure landowner in a vital and growing region. Previously, we have covered TPL in December 2024 wherein we by Six Bravo on Substack. The author stated that Texas Pacific Land Corporation (NYSE: TPL) recently completed significant acreage acquisitions in the Permian Basin, adding assets with strong production and growth potential, expected to boost annual free cash flow by $45.5 million at $70 oil. Despite a 33% stock price decline following its S&P 500 inclusion, largely due to market volatility and lower oil prices, the company's thriving water segment and solid fundamentals made the dip a buying opportunity for long-term investors. Since our last coverage, the stock is up 0.38% as of 2nd June. Texas Pacific Land Corporation (TPL) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 31 hedge fund portfolios held TPL at the end of the first quarter which was 28 in the previous quarter. While we acknowledge the risk and potential of TPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
20 minutes ago
- Yahoo
S&P 500 above 6,000, US-China trade talks, Apple WWDC: 3 Things
Here are some of the things Wall Street is watching on Monday, June 9. The S&P 500 (^GSPC) is starting to close in on a new record higher, trading above 6,000. Trade talks between the US and China are resuming in London. Apple (AAPL) kicks off its annual WWDC event in California. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
22 minutes ago
- CNBC
Citigroup joins chorus of Wall Street banks and hikes S&P 500 target
And Citigroup makes five in just one week. Citigroup raised its year-end S & P 500 target nearly 9%, to 6,300 from 5,800, implying that the market can rise another 5% from current levels. Strategist Scott Chronert noted that while "high policy volatility is likely to continue," market fundamentals appear to be solid. "No doubt, policy volatility is likely to persist as are numerous other risks. This keeps us reticent to chase rallies but more inclined to buy pullbacks," he said. "What the first half has told us is that fundamental volatility may be more manageable as tariffs, taxes, budget/deficit, rates, currency, geopolitics, etc. will all continue to remain in the financial news headlines." With this change, Chronert became the fifth sell-side strategist tracked by CNBC Pro to increase his 2025 S & P 500 forecast. Here are the other four target hikes in the past week. Lori Calvasina of RBC : to 5,730 from 5,550 Binky Chadha of Deutsche Bank : to 6,550 from 6,150 Venu Krishna of Barclays : to 6,050 from 5,900 Dubravko Lakos-Bujas of JPMorgan : to 6,000 from 5,200 Those changes come as the Street grows less worried about rising trade tensions between the U.S. and other countries. On Monday, U.S. and Chinese officials were in London to discuss tariffs. "There will likely be posturing for threats of higher tariff rates on a country by country basis, as well as additional sectoral tariffs put in place, but we do not think this will produce the same shock/surprise that set off the April drawdown," Citi's Chronert wrote. "We saw evidence of this dynamic [last week] with no market reaction to steel and aluminum sectoral tariff rates being raised from 25% to 50%." "Trading moves aside, we expect investors will tend to look through shorter term policy noise in aggregate," he added.
