DGX Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. As for DGX, the dividend discount model StockNews created for the company implies a negative return of 3.49%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Quest Diagnostics Inc are:

• Amongst its dividend-issuing peers in the large-sized market cap category, DGX has a beta lower than 83.18% of them.
• The stock's annual revenue of roughly $8 billion puts it in the mid-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 71.97% of companies in the same revenue class.

DGX Dividends vs. Peers