(DGX) Quest Diagnostics - Ratings and Ratios

Quest Diagnostics Incorporated (DGX) is a leading provider of diagnostic testing services in the United States and select international markets. The company operates at the intersection of healthcare and information technology, delivering critical diagnostic data that informs patient care and treatment decisions. With a market capitalization of approximately $18 billion, Quest is a significant player in the health care services sector, offering a wide array of clinical testing services, including routine and specialized lab tests, anatomic pathology, and other advanced diagnostic solutions.

The company serves a diverse customer base, including physicians, hospitals, patients, consumers, health plans, government agencies, employers, retailers, pharmaceutical companies, insurers, and accountable care organizations. This broad reach is supported by a extensive network of laboratories, patient service centers, and mobile healthcare professionals. Quest’s services are delivered under several brands, such as AmeriPath, Dermpath Diagnostics, ExamOne, and Quanum, in addition to its core Quest Diagnostics brand.

Beyond diagnostic testing, Quest provides risk assessment services for the life insurance industry and offers healthcare information technology solutions to organizations and clinicians. These services position the company as a comprehensive provider of diagnostic and health information solutions, making it a critical partner for various stakeholders in the healthcare ecosystem. With a forward P/E ratio of 16.72 and a price-to-book ratio of 2.65, Quest offers investors a balance of growth potential and stability in the healthcare services sector.

Founded in 1967 and headquartered in Secaucus, New Jersey, Quest Diagnostics has established itself as a leader in the diagnostic testing industry. Its scale, diversified revenue streams, and strategic focus on innovation and customer service make it a key player in the evolving healthcare landscape. For more information, visit their website at https://www.questdiagnostics.com.