Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Quest Diagnostics Incorporated (DGX)

Company Dividend Discount ModelIndustry: Medical - Diagnostics & ResearchSector: Healthcare

Valuation Snapshot

Stable Growth$129.20 - $242.04$175.17
Multi-Stage$181.56 - $199.22$190.22
Blended Fair Value$182.70
Current Price$190.58
Upside-4.14%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.97%5.88%2.932.782.702.732.632.532.352.191.971.88
YoY Growth--5.41%2.95%-1.29%4.04%3.85%7.52%7.69%10.76%5.19%13.37%
Dividend Yield--1.73%2.06%1.91%2.00%2.05%3.15%2.61%2.18%2.01%2.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)969.00
(-) Cash Dividends Paid (M)347.00
(=) Cash Retained (M)622.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)193.80121.1372.68
Cash Retained (M)622.00622.00622.00
(-) Cash Required (M)-193.80-121.13-72.68
(=) Excess Retained (M)428.20500.88549.33
(/) Shares Outstanding (M)113.00113.00113.00
(=) Excess Retained per Share3.794.434.86
LTM Dividend per Share3.073.073.07
(+) Excess Retained per Share3.794.434.86
(=) Adjusted Dividend6.867.507.93
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate1.63%2.63%3.63%
Fair Value$129.20$175.17$242.04
Upside / Downside-32.21%-8.09%27.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)969.00994.451,020.571,047.371,074.881,103.111,136.20
Payout Ratio35.81%46.65%57.49%68.32%79.16%90.00%92.50%
Projected Dividends (M)347.00463.89586.68715.61850.89992.801,050.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate1.63%2.63%3.63%
Year 1 PV (M)429.23433.45437.68
Year 2 PV (M)502.29512.22522.25
Year 3 PV (M)566.88583.78601.01
Year 4 PV (M)623.69648.60674.25
Year 5 PV (M)673.33707.11742.24
PV of Terminal Value (M)17,720.9918,610.1919,534.73
Equity Value (M)20,516.4021,495.3622,512.16
Shares Outstanding (M)113.00113.00113.00
Fair Value$181.56$190.22$199.22
Upside / Downside-4.73%-0.19%4.53%

High-Yield Dividend Screener

« Prev Page 73 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0FNZ.LPonsse Oyj1.93%$0.5025.56%
5278.TWOSunfun Info Co., Ltd.1.93%$0.6163.56%
7080.TSportsfield Co., Ltd.1.93%$15.8818.18%
CROS.PACrosswood S.A.1.93%$0.2160.81%
SALFACORP.SNSalfaCorp S.A.1.93%$23.4829.64%
004770.KSSunny Electronics Corp.1.92%$30.3025.98%
0083.HKSino Land Company Limited1.92%$0.2021.48%
114090.KSGrand Korea Leisure Co., Ltd.1.92%$281.6139.11%
200880.KSSeoyon E-Hwa Co., Ltd.1.92%$250.046.17%
2874.TYokorei Co.,Ltd.1.92%$24.2572.26%
600642.SSShenergy Company Limited1.92%$0.1518.42%
600995.SSChina Southern Power Grid Energy Storage Co., Ltd.1.92%$0.2450.98%
603158.SSChangzhou Tenglong AutoPartsCo.,Ltd.1.92%$0.2063.30%
603214.SSShanghai Aiyingshi Co.,Ltd1.92%$0.3341.13%
603298.SSHangcha Group Co., Ltd1.92%$0.5130.38%
603725.SSGuangdong Tianan New Material Co., Ltd.1.92%$0.1845.17%
605162.SSZhejiang Xinzhonggang Thermal Power Co., Ltd.1.92%$0.1650.25%
AAK.STAAK AB (publ.)1.92%$4.9838.08%
NYF.STNyfosa AB (publ)1.92%$1.4048.74%
PAS.WAPassus S.A.1.92%$2.2617.62%
300303.SZShenzhen Jufei Optoelectronics Co., Ltd.1.91%$0.1357.25%
301552.SZHebei Keli Automobile Equipment Co., Ltd.1.91%$0.7143.10%
4303.TWOHsinLi Chemical Industrial Corp.1.91%$1.167.73%
600717.SSTianjin Port Co., Ltd.1.91%$0.0928.13%
603269.SSJiangsu Seagull Cooling Tower Co.,Ltd.1.91%$0.2570.74%
603733.SSXianhe Co.,Ltd.1.91%$0.4636.40%
KRN.DEKrones AG1.91%$2.6028.35%
NKNC.MEPJSC Nizhnekamskneftekhim1.91%$1.496.74%
TFFIF.BKThailand Future Fund1.91%$0.125.95%
002970.SZStreamax Technology Co., Ltd.1.90%$0.9247.47%
088350.KSHanwha Life Insurance Co., Ltd.1.90%$61.916.15%
2547.TWRadium Life Tech. Co., Ltd.1.90%$0.208.24%
300760.SZShenzhen Mindray Bio-Medical Electronics Co., Ltd.1.90%$3.6251.04%
600323.SSGrandblue Environment Co., Ltd.1.90%$0.5423.47%
603806.SSHangzhou First Applied Material Co., Ltd.1.90%$0.2793.87%
ANE.MCCorporación Acciona Energías Renovables, S.A.1.90%$0.4419.14%
ARML3.SAArmac Locação, Logística e Serviços S.A.1.90%$0.0955.38%
CRSN.JKPT Carsurin Tbk1.90%$2.3524.82%
CSAB3.SACompanhia de Seguros Alianca da Bahia1.90%$0.5829.45%
GFNORTEO.MXGrupo Financiero Banorte, S.A.B. de C.V.1.90%$3.2617.54%
GULF-R.BKGulf Energy Development Public Company Limited1.90%$0.7914.96%
RDOR3.SARede D'Or São Luiz S.A.1.90%$0.7738.15%
300119.SZTianjin Ringpu Bio-Technology Co.,Ltd.1.89%$0.3538.42%
3305.TWShenmao Technology Inc1.89%$2.0572.44%
4150.SRArriyadh Development Co.1.89%$0.4342.09%
4203.TSumitomo Bakelite Company Limited1.89%$97.8443.46%
5053.KLOSK Holdings Berhad1.89%$0.0311.22%
6376.TNikkiso Co., Ltd.1.89%$29.9428.66%
ADMCM.HEAdmicom Oyj1.89%$0.8141.55%
MMK.VIMayr-Melnhof Karton AG1.89%$1.8015.04%