Medical - Instruments & Supplies
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QDEL vs NEOG
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
QDEL vs NEOG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Diagnostics & Research |
| Market Cap | $733M | $2.01B |
| Revenue (TTM) | $2.66B | $880M |
| Net Income (TTM) | $-1.21B | $-603M |
| Gross Margin | 56.6% | 38.0% |
| Operating Margin | -37.0% | -2.0% |
| Forward P/E | 6.4x | 25.9x |
| Total Debt | $2.80B | $913M |
| Cash & Equiv. | $170M | $129M |
QDEL vs NEOG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| QuidelOrtho Corpora… (QDEL) | 100 | 6.2 | -93.8% |
| Neogen Corporation (NEOG) | 100 | 26.0 | -74.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: QDEL vs NEOG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
QDEL has the current edge in this matchup, primarily because of its strength in growth exposure and long-term compounding.
- Rev growth -1.9%, EPS growth 45.4%, 3Y rev CAGR -5.8%
- -34.9% 10Y total return vs NEOG's -49.8%
- -1.9% revenue growth vs NEOG's -3.2%
NEOG is the clearest fit if your priority is income & stability and sleep-well-at-night.
- beta 1.83
- Lower volatility, beta 1.83, Low D/E 44.1%, current ratio 3.32x
- Beta 1.83, current ratio 3.32x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -1.9% revenue growth vs NEOG's -3.2% | |
| Value | Lower P/E (6.4x vs 25.9x) | |
| Quality / Margins | -45.6% margin vs NEOG's -68.5% | |
| Stability / Safety | Beta 1.83 vs QDEL's 2.59, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +56.0% vs QDEL's -58.3% | |
| Efficiency (ROA) | -17.9% ROA vs QDEL's -20.7%, ROIC 0.2% vs -13.6% |
QDEL vs NEOG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
QDEL vs NEOG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NEOG leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
QDEL is the larger business by revenue, generating $2.7B annually — 3.0x NEOG's $880M. QDEL is the more profitable business, keeping -45.6% of every revenue dollar as net income compared to NEOG's -68.5%. On growth, NEOG holds the edge at -2.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.7B | $880M |
| EBITDAEarnings before interest/tax | -$649M | $100M |
| Net IncomeAfter-tax profit | -$1.2B | -$603M |
| Free Cash FlowCash after capex | -$75M | $17M |
| Gross MarginGross profit ÷ Revenue | +56.6% | +38.0% |
| Operating MarginEBIT ÷ Revenue | -37.0% | -2.0% |
| Net MarginNet income ÷ Revenue | -45.6% | -68.5% |
| FCF MarginFCF ÷ Revenue | -2.8% | +2.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -10.5% | -2.8% |
| EPS Growth (YoY)Latest quarter vs prior year | -6.1% | +96.5% |
Valuation Metrics
QDEL leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $733M | $2.0B |
| Enterprise ValueMkt cap + debt − cash | $3.4B | $2.8B |
| Trailing P/EPrice ÷ TTM EPS | -0.65x | -1.84x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.45x | 25.87x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 20.70x |
| Price / SalesMarket cap ÷ Revenue | 0.27x | 2.25x |
| Price / BookPrice ÷ Book value/share | 0.38x | 0.97x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
NEOG leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
NEOG delivers a -28.6% return on equity — every $100 of shareholder capital generates $-29 in annual profit, vs $-56 for QDEL. NEOG carries lower financial leverage with a 0.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to QDEL's 1.46x. On the Piotroski fundamental quality scale (0–9), QDEL scores 6/9 vs NEOG's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -56.3% | -28.6% |
| ROA (TTM)Return on assets | -20.7% | -17.9% |
| ROICReturn on invested capital | -13.6% | +0.2% |
| ROCEReturn on capital employed | -18.0% | +0.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 1.46x | 0.44x |
| Net DebtTotal debt minus cash | $2.6B | $784M |
| Cash & Equiv.Liquid assets | $170M | $129M |
| Total DebtShort + long-term debt | $2.8B | $913M |
| Interest CoverageEBIT ÷ Interest expense | -5.18x | -8.33x |
Total Returns (Dividends Reinvested)
NEOG leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NEOG five years ago would be worth $1,940 today (with dividends reinvested), compared to $891 for QDEL. Over the past 12 months, NEOG leads with a +56.0% total return vs QDEL's -58.3%. The 3-year compound annual growth rate (CAGR) favors NEOG at -18.6% vs QDEL's -50.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -62.6% | +32.1% |
| 1-Year ReturnPast 12 months | -58.3% | +56.0% |
| 3-Year ReturnCumulative with dividends | -87.8% | -46.1% |
| 5-Year ReturnCumulative with dividends | -91.1% | -80.6% |
| 10-Year ReturnCumulative with dividends | -34.9% | -49.8% |
| CAGR (3Y)Annualised 3-year return | -50.4% | -18.6% |
Risk & Volatility
NEOG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NEOG is the less volatile stock with a 1.83 beta — it tends to amplify market swings less than QDEL's 2.59 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEOG currently trades 80.9% from its 52-week high vs QDEL's 27.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.59x | 1.83x |
| 52-Week HighHighest price in past year | $38.99 | $11.43 |
| 52-Week LowLowest price in past year | $10.22 | $4.53 |
| % of 52W HighCurrent price vs 52-week peak | +27.6% | +80.9% |
| RSI (14)Momentum oscillator 0–100 | 35.2 | 46.2 |
| Avg Volume (50D)Average daily shares traded | 2.2M | 2.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates QDEL as "Buy" and NEOG as "Hold". Consensus price targets imply 57.8% upside for QDEL (target: $17) vs 18.9% for NEOG (target: $11).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $17.00 | $11.00 |
| # AnalystsCovering analysts | 15 | 11 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
NEOG leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). QDEL leads in 1 (Valuation Metrics).
QDEL vs NEOG: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is QDEL or NEOG a better buy right now?
For growth investors, QuidelOrtho Corporation (QDEL) is the stronger pick with -1.
9% revenue growth year-over-year, versus -3. 2% for Neogen Corporation (NEOG). Analysts rate QuidelOrtho Corporation (QDEL) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — QDEL or NEOG?
Over the past 5 years, Neogen Corporation (NEOG) delivered a total return of -80.
6%, compared to -91. 1% for QuidelOrtho Corporation (QDEL). Over 10 years, the gap is even starker: QDEL returned -34. 9% versus NEOG's -49. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — QDEL or NEOG?
By beta (market sensitivity over 5 years), Neogen Corporation (NEOG) is the lower-risk stock at 1.
83β versus QuidelOrtho Corporation's 2. 59β — meaning QDEL is approximately 42% more volatile than NEOG relative to the S&P 500. On balance sheet safety, Neogen Corporation (NEOG) carries a lower debt/equity ratio of 44% versus 146% for QuidelOrtho Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — QDEL or NEOG?
By revenue growth (latest reported year), QuidelOrtho Corporation (QDEL) is pulling ahead at -1.
9% versus -3. 2% for Neogen Corporation (NEOG). On earnings-per-share growth, the picture is similar: QuidelOrtho Corporation grew EPS 45. 4% year-over-year, compared to -114. 6% for Neogen Corporation. Over a 3-year CAGR, NEOG leads at 19. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — QDEL or NEOG?
QuidelOrtho Corporation (QDEL) is the more profitable company, earning -41.
5% net margin versus -122. 1% for Neogen Corporation — meaning it keeps -41. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEOG leads at 1. 1% versus -33. 7% for QDEL. At the gross margin level — before operating expenses — NEOG leads at 47. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is QDEL or NEOG more undervalued right now?
On forward earnings alone, QuidelOrtho Corporation (QDEL) trades at 6.
4x forward P/E versus 25. 9x for Neogen Corporation — 19. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for QDEL: 57. 8% to $17. 00.
07Which pays a better dividend — QDEL or NEOG?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is QDEL or NEOG better for a retirement portfolio?
For long-horizon retirement investors, Neogen Corporation (NEOG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.
QuidelOrtho Corporation (QDEL) carries a higher beta of 2. 59 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NEOG: -49. 8%, QDEL: -34. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between QDEL and NEOG?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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