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Quest Diagnostics Inc. (DGX) Investment Summary:

Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. It provides patients and physicians the access to diagnostic laboratory services through its network of laboratories and owned patient service centers; and interpretive consultation. The company also offers commercial clinical testing services, including routine clinical testing for blood chemistries, complete blood cell counts, urinalyses, pregnancy and other prenatal tests, microbiology testing, alcohol and other substance-abuse tests, and allergy tests; cancer diagnostics, such as anatomic pathology services; and gene-based and other esoteric testing. In addition, it offers various risk assessment services for insurance companies. Further, Quest Diagnostics develops and manufactures products that enable healthcare professionals to make healthcare diagnoses, including HerpeSelect ELISA tests that detect patient antibodies to certain types of Herpes Simplex virus and are sold to academic medical centers, hospitals, and commercial laboratories; White Blood Cell Analyzer, a whole-blood test performed on finger-stick samples for providing a total white blood cell count; and InSure fecal immunochemical test for screening for colorectal cancer. Additionally, it develops and integrates clinical connectivity and data management solutions for healthcare organizations, physicians, and clinicians through its Care360 suite of products; offers the ChartMaxx electronic document management system for hospitals; and has capabilities to deploy a health information exchange system enabling healthcare providers to access and manage patient data from multiple sources at the point-of-care. Quest Diagnostics also collaborates with Google to launch Google Health that allows patients to share, save, organize, and manage their medical records and personal health information online. The company was founded in 1967 and is headquartered in Madison, New Jersey.
www.questdiagnostics.com
43,000 Employees
Founded in 1967

QUEST DIAGNOSTICS (DGX:NYSE)

LAST $57.30 USD
CHANGE TODAY -0.39 -0.68%
VOLUME 2.6M
As of 8:04 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of QUEST DIAGNOSTICS (DGX)

OPEN
$57.35
PREVIOUS CLOSE
$57.69
DAY HIGH
$57.64
DAY LOW
$56.95
52 WEEK HIGH
12/16/09 - $62.83
52 WEEK LOW
03/20/09 - $44.45
MARKET CAP
10.3B
AVERAGE VOLUME 10 D
1.3M
EPS TTM
$3.87
SHARES OUTSTANDING
178.9M
EX-DATE
04/1/10
P/E TTM
14.8x
DIVIDEND
$0.40
DIVIDEND YIELD
0.70%
K = Thousands  M = Millions  B = Billions

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Key developments for QUEST DIAGNOSTICS (DGX)

Quest Diagnostics, Inc. Announces the Availability of OVA1 Blood Test to Aid Pre-Surgical Evaluation of Women for Ovarian Cancer

OVA1T, the first blood test cleared by the U.S. Food and Drug Administration (FDA) for aiding in the pre-surgical evaluation of a woman's ovarian mass for cancer, is now available nationally through Quest Diagnostics Inc. With the availability of OVA1, physicians can assess, prior to a planned surgery, the likelihood that a woman's ovarian mass is malignant in order to direct her to the most appropriate surgeon, promoting more favorable treatment outcomes. Vermillion Inc. developed the test in cooperation with Quest Diagnostics. OVA1 is the first FDA-cleared protein-based in vitro diagnostic multi-variate index assays (IVDMIA), a new class of state-of-the-art software-based diagnostics. The test combines the results of five well-established protein biomarkers to produce a single numerical result to help a physician classify the likelihood that a woman's mass is cancerous or benign. In a prospective clinical study, OVA1, when combined with pre-surgical clinical and radiological assessments and used by non-gynecologic oncologists, detected 92% of malignant ovarian masses compared to 72% without OVA1. In addition, 14 of 20 woman who participated in the study whose cancer was missed by pre-surgical clinical and radiological assessments would have been identified as having malignant ovarian masses had OVA1 results also been evaluated prior to their surgeries. The FDA announced it had cleared OVA1 in September 2009, and Quest Diagnostics is the only national laboratory services provider to offer it broadly in the United States.

Quest Diagnostics and Surescripts to Pioneer Integrated Service Combining Lab and Prescription Information to Improve Patient Safety and Clinical Outcomes

Quest Diagnostics Inc. and SurescriptsR announced an agreement to pioneer the formation of an integrated service to make laboratory and prescription information broadly and easily accessible to physicians. The collaboration is designed to improve patient safety and clinical outcomes. Quest Diagnostics tests approximately 150 million patients each year and has 150,000 physicians connected to its Care360T platform. Surescripts processed nearly 600 million e-prescription messages in 2009. The company supports approximately 170,000 active prescribers.

Quest Diagnostics Declares Quarterly Cash Dividend Payable on April 20, 2010

Quest Diagnostics Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on April 20, 2010, to shareholders of record of Quest Diagnostics common stock on April 6, 2010.

Quest Diagnostics Inc. financial resources

otc, otcbb, pinksheet, DGX, ob Quest Diagnostics Inc.

DGX Competitors

Company Last Change
Boston Scientific Corp $7.13 USD +0.06
Forest Laboratories Inc $31.06 USD -0.41
Hospira Inc $56.66 USD +0.51
Laboratory Corp of America Holdings $75.51 USD -0.66
Mylan Inc/PA $22.53 USD +0.17
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation DGX Industry Range
Price/Earnings 14.8x
Price/Sales 1.4x
Price/Book 2.6x
Price/Cash Flow 13.4x
TEV/Sales 0.9x

DGX

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DGX transactions

Type
Date
Target
Buyback
January 25, 2010
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More Recent Financial News About Quest Diagnostics Inc.

Quest Diagnostics To Speak at the Barclays Capital Global Healthcare Conference

Quote: Press ReleaseSource: Quest Diagnostics IncorporatedOn Tuesday March 16, 2010, 2:55 pm EDT/PRNewswire-FirstCall/ -- Quest Diagnostics Incorporated (: - The presentation will be webcast live during the conference and will be available to registered investors on the following site:   and to the public on Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broad...
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Quest Diagnostics To Speak at the Barclays Capital Global Healthcare Conference

Quote: Press ReleaseSource: Quest Diagnostics IncorporatedOn Tuesday March 16, 2010, 2:55 pm EDT/PRNewswire-FirstCall/ -- Quest Diagnostics Incorporated (: - The presentation will be webcast live during the conference and will be available to registered investors on the following site:   and to the public on Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broad...
Read article

Quest Diagnostics to Speak at the RBC Capital Markets 2010 Healthcare Conference

Quote:
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Quest Diagnostics Ranked Among FORTUNE Magazine's 'World's Most Admired Companies' For Third Consecutive Year

Quote: Quest Diagnostics ranked third in the "Health Care" industry category of "Pharmacy and Other Services." The 2010 ranking is the third consecutive year that the company has been included on FORTUNE magazine's well-regarded reputation ranking of the world's corporations. "Earning our place among the most admired companies for the third consecutive year underscores the commitment of our 43,000 employees to putting our patients first by providing the highest quality service and diagnostics innova...
Read article

Quest Diagnostics and Surescripts to Pioneer Integrated Service Combining Lab and Prescription Information to Improve Patient Safety and Clinical Outcomes

Quote: The collaboration is designed to improve patient safety and clinical outcomes.Quest Diagnostics tests approximately 150 million patients each year and has 150,000 physicians connected to its Care360â„¢ platform. Surescripts processed nearly 600 million e-prescription messages in 2009. The company supports approximately 170,000 active prescribers."In recent years, Surescripts and Quest Diagnostics have each committed to pioneering advancements in healthcare technology solutions," said Richard...
Read article

OVA1 Blood Test Now Available to Aid Pre-surgical Evaluation of Women for Ovarian Cancer

Quote: Food and Drug AdministrationNYSEDGXNewsVRML.PK.obNews), a molecular diagnostics company, developed the test in cooperation with Quest Diagnostics. in vitro diagnostic multi-variate index assays (IVDMIA), a new class of state-of-the-art software-based diagnostics. The test combines the results of five well-established protein biomarkers to produce a single numerical result to help a physician classify the likelihood that a woman's mass is cancerous or benign. "The availability of a new test that ...
Read article

Quest Diagnostics to offer new ovarian cancer test

Quote: NEW YORK (AP) -- Medical lab operator Quest Diagnostics Inc. said Monday it is selling the OVA1 blood test, which aims to better assess a woman's likelihood for ovarian cancer.Food and Drug AdministrationSeptember, will be sold through Quest, based in Madison, N.J. The test was developed in collaboration with molecular diagnostics company Vermillion Inc.OVA1 is used as a pre-surgical evaluation of a woman's ovarian mass for cancer. It allows physicians to assess, before a planned surgery, the li...
Read article

OVA1 Blood Test Now Available to Aid Pre-surgical Evaluation of Women for Ovarian Cancer

Quote: Food and Drug AdministrationNYSEDGXNewsVRML.PK.obNews), a molecular diagnostics company, developed the test in cooperation with Quest Diagnostics. in vitro diagnostic multi-variate index assays (IVDMIA), a new class of state-of-the-art software-based diagnostics. The test combines the results of five well-established protein biomarkers to produce a single numerical result to help a physician classify the likelihood that a woman's mass is cancerous or benign. "The availability of a new test that ...
Read article

Quest Diagnostics Ranked Among FORTUNE Magazine's 'World's Most Admired Companies' For Third Consecutive Year

Quote: Quest Diagnostics ranked third in the "Health Care" industry category of "Pharmacy and Other Services." The 2010 ranking is the third consecutive year that the company has been included on FORTUNE magazine's well-regarded reputation ranking of the world's corporations. "Earning our place among the most admired companies for the third consecutive year underscores the commitment of our 43,000 employees to putting our patients first by providing the highest quality service and diagnostics innova...
Read article

Test to Help Determine If Ovarian Masses Are Cancer

Quote: After the second surgery, she says she was so bloated, "I looked four months pregnant." She adds, "I was a couple of months too early" to benefit from OVA1. Quest Diagnostics Inc., the nation's largest medical-testing lab. Tests for ovarian cancer have proved challenging to develop and gain FDA approval because it is difficult to prove a screening test is accurate. Laboratory Corp. of America in 2008 withdrew its OvaSure screen, designed to find cancer in high-risk women, from the market after t...
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Quest Diagnostics to offer new ovarian cancer test

Quote: NEW YORK (AP) -- Medical lab operator Quest Diagnostics Inc. said Monday it is selling the OVA1 blood test, which aims to better assess a woman's likelihood for ovarian cancer.Food and Drug AdministrationSeptember, will be sold through Quest, based in Madison, N.J. The test was developed in collaboration with molecular diagnostics company Vermillion Inc.OVA1 is used as a pre-surgical evaluation of a woman's ovarian mass for cancer. It allows physicians to assess, before a planned surgery, the li...
Read article

Quest Diagnostics and Surescripts to Pioneer Integrated Service Combining Lab and Prescription Information to Improve Patient Safety and Clinical Outcomes

Quote: The collaboration is designed to improve patient safety and clinical outcomes.Quest Diagnostics tests approximately 150 million patients each year and has 150,000 physicians connected to its Care360â„¢ platform. Surescripts processed nearly 600 million e-prescription messages in 2009. The company supports approximately 170,000 active prescribers."In recent years, Surescripts and Quest Diagnostics have each committed to pioneering advancements in healthcare technology solutions," said Richard...
Read article

Quest Diagnostics to Speak at the RBC Capital Markets 2010 Healthcare Conference

Quote:
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Quest Diagnostics Unveils Care360(TM) EHR

Quote: Unveiled at the Healthcare Information and Management Systems Society 2010 (HIMSS10) Annual Conference at the Georgia World Congress Center in Atlanta, Georgia, the Web-based solution enables physicians to simply embrace the benefits of digital healthcare without large capital costs or disruption to office workflow."Quest Diagnostics is making broadly available a Web-based EHR that helps physicians embrace digital healthcare one step at a time, connect easily with their peers on patient care, an...
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InPlay: Quest Diagnostics will reaffirm its 2010 guidance

Keywords: market update, investing education, financial advice, financial planning
Quote:
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Quest Diagnostics Inc. (DGX) Has Free Cash Flow Yields Around 10%; Stable Business Model Makes It A Top Stock Winner

Quote:
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Quest Diagnostics Inc. (DGX) Has Free Cash Flow Yields Around 10%; Stable Business Model Makes It A Top Stock Winner

Quote:
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Clinical Testing Firms Keep A Steady Hand

Quote: Overall testing volume declined 1.5%, mainly due to the end of a pair of big government contracts."Any numbers you look at support the proposition that the economic environment is having a significant effect on health care in general," LabCorp spokesman Steve Anderson said during a conference call with analysts.Quest Diagnostics, the No. 1 testing company, has faced similar challenges.Last month it posted only tepid growth in clinical test volume and slightly weaker-than-expected quarterly reven...
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Quest Diagnostics to Speak at the UBS Global Healthcare Services Conference

Quote: 5 /PRNewswire-FirstCall/ -- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic testing, information and services, announced that it is scheduled to speak at the UBS 2010 Global Healthcare Services Conference in New York City.  The presentation is scheduled for Wednesday, February 10, 2010 at 9:00 a.m. Eastern Time.During the conference, the company will reaffirm its 2010 guidance for revenue growth of 3% to 4%, operating income to approach 19% of revenue...
Read article

Clinical Testing Firms Keep A Steady Hand

Quote: Overall testing volume declined 1.5%, mainly due to the end of a pair of big government contracts."Any numbers you look at support the proposition that the economic environment is having a significant effect on health care in general," LabCorp spokesman Steve Anderson said during a conference call with analysts.Quest Diagnostics, the No. 1 testing company, has faced similar challenges.Last month it posted only tepid growth in clinical test volume and slightly weaker-than-expected quarterly reven...
Read article

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