Quanterix Corp

Company Profile

Quanterix Corp had its IPO on 2017-12-07 under the ticker symbol QTRX.

The company operates in the Healthcare sector and Medical Devices industry. Quanterix Corp has a staff strength of 3,200 employees.

Stock update

Shares of Quanterix Corp opened at $25.15 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $25.05 - $26.33, and closed at $25.53.

This is a +4.98% increase from the previous day's closing price.

A total volume of 325,843 shares were traded at the close of the day’s session.

In the last one week, shares of Quanterix Corp have slipped by -5.34%.

Quanterix Corp's Key Ratios

Quanterix Corp has a market cap of $1.01 billion, indicating a price to book ratio of 1.2923 and a price to sales ratio of 4.4708.

In the last 12-months Quanterix Corp’s revenue was $111.96 million with a gross profit of $46.81 million and an EBITDA of $-41543000. The EBITDA ratio measures Quanterix Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Quanterix Corp’s operating margin was -41.93% while its return on assets stood at -6.39% with a return of equity of -17.3%.

In Q2, Quanterix Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 32%.

Quanterix Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.78 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Quanterix Corp’s profitability.

Quanterix Corp stock is trading at a EV to sales ratio of 1.6652 and a EV to EBITDA ratio of -2.4709. Its price to sales ratio in the trailing 12-months stood at 4.4708.

Quanterix Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$429.21 million

Total Liabilities

$31.95 million

Operating Cash Flow

$-648000.00

Capital Expenditure

$648000

Dividend Payout Ratio

0%

Quanterix Corp ended 2024 with $429.21 million in total assets and $0 in total liabilities. Its intangible assets were valued at $429.21 million while shareholder equity stood at $355.36 million.

Quanterix Corp ended 2024 with $0 in deferred long-term liabilities, $31.95 million in other current liabilities, 37000.00 in common stock, $-414329000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $329.53 million and cash and short-term investments were $329.53 million. The company’s total short-term debt was $3,986,000 while long-term debt stood at $0.

Quanterix Corp’s total current assets stands at $379.06 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $24.42 million compared to accounts payable of $3.24 million and inventory worth $18.16 million.

In 2024, Quanterix Corp's operating cash flow was $-648000.00 while its capital expenditure stood at $648000.

Comparatively, Quanterix Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$25.53

52-Week High

$28.77

52-Week Low

$8.02

Analyst Target Price

$28.25

Quanterix Corp stock is currently trading at $25.53 per share. It touched a 52-week high of $28.77 and a 52-week low of $28.77. Analysts tracking the stock have a 12-month average target price of $28.25.

Its 50-day moving average was $24.4 and 200-day moving average was $17.28 The short ratio stood at 1.95 indicating a short percent outstanding of 0%.

Around 849.2% of the company’s stock are held by insiders while 9003.3% are held by institutions.