Report
Debbie Wang
EUR 101.80 For Business Accounts Only

Quest Diagnostics Posts Solid 4Q, and Our FVE Is Unchanged

Quest Diagnostics posted solid fourth-quarter results that generally met our expectations, and we’re leaving our fair value estimate unchanged for now. Even though Quest faces major exogenous challenges, including the PAMA-led Medicare cuts, the firm has done a good job of navigating the ongoing pricing pressure and made the most of new opportunities. We remain confident in Quest’s narrow moat and expect its significant cost advantage should serve the firm well, even as smaller independent and h...
Underlying
Quest Diagnostics Incorporated

Quest Diagnostics provides diagnostic information services. The company's diagnostic information segment provides information based on the menu of routine, non-routine and clinical testing and anatomic pathology testing, and other diagnostic information services. The company's testing capabilities, includes services for the predisposition, diagnosis, treatment and monitoring of cancers and other diseases, and provides tests in several fields, including endocrinology, immunology, neurology and oncology. The company's diagnostic solutions provides risk assessment services for the life insurance industry, as well as provides healthcare organizations and clinicians health information technology solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Debbie Wang

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