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Quanterix Corporation QTRX

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Price alert · QTRX

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2.91 USD -0.24 -7.63%

At close · Oct 30

2.91 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
2.90 × 2
Ask
2.91 × 2
2.83 Day range 3.10
2.42 52-week range 8.06
YTD
-54.32%
1 year
-41.90%
Open
3.10
Prev close
3.15
Mkt cap
137.39M
Vol
361.30K
Avg vol
750.87K
EPS
-2.61
P/E
0.00
Div yield
0.00%
More statistics
Low
2.83
High
3.10
Forward P/E
-12.10
Beta
1.36
Short ratio
4.56
Inst. own
88.53%
Dividend
0.00
Ex-div date
Earnings
May 7, 2024
50-d avg
12.39
200-d avg
14.99
1y target
21.80

5D chart

Chart tools
Interval
QTRX five-day price chart2.792.903.003.103.21Oct 26Oct 27Oct 28Oct 29Oct 30

Key statistics

Market cap
408.74M
Enterprise value
145.70M
Trailing P/E
0.00
Forward P/E
-12.10
PEG ratio
0.00
Price / sales
3.16
Price / book
1.21
EPS (TTM)
-1.04
Beta
1.36
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-30.71%
Revenue (TTM)
129.33M
Revenue growth
10.80%
Free cash flow
-24.58M
Total cash
296.86M
Total debt
39.58M
Return on equity
-11.48%
Shares outstanding
38.38M
Short % of float
5.48%
50-day average
12.39
200-day average
14.99

Analyst view

Consensus: buy

Buy
Price target (mean) 21.80 +650.4% upside
Target (low)
16.00
Target (mean)
21.80
Target (high)
28.00
Ratings (0m) 5 4 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy2
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

May 7, 2024

Expected May 7, 2024. Consensus EPS estimate 0.00.

Earnings history

Financials — quick view

All financials
QTRX Revenue — quarterly 32.91M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
QTRX Net income — quarterly -48.93M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
QTRX EPS — quarterly -1.04
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

QTRX recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 8, 2024Jun 1, 2024-0.23-0.25-0.02-8.70%
May 7, 2024Mar 1, 2024-0.33-0.26+0.07+21.21%
May 7, 2024Mar 1, 2024-0.33———
Feb 29, 2024Dec 1, 2023-0.28———
Feb 29, 2024Dec 1, 2023-0.28-0.33-0.05-17.86%
Nov 6, 2023Sep 1, 2023-0.35-0.21+0.14+40.00%

Upgrades / downgrades

QTRX analyst upgrades and downgrades
DateFirmActionFromTo
Nov 13, 2024TD CowenmainHoldHold
Aug 12, 2024ScotiabankmainSector OutperformSector Outperform
Aug 9, 2024TD CowenmainHoldHold
Jul 9, 2024Goldman SachsmainBuyBuy
Apr 29, 2024Canaccord GenuitymainBuyBuy
Mar 4, 2024ScotiabankmainSector OutperformSector Outperform

About Quanterix Corporation

Quanterix Corporation, a life sciences company, engages in development and marketing of digital immunoassay platforms that advances precision health for life sciences research and diagnostics in North America, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers HD-X instrument, a protein detection platform; and SR-X instrument that enables researchers to apply Simoa detection in an expanded range of applications. It also provides SP-X instrument that is based on Simoa planar array technology for the measurement of multiplex chemiluminescent immunoassays. The company's products include assays include all components required to run enzyme-based immunoassay, such as beads, capture and detector reagents, and enzyme reagents and substrate; and replacement parts, reagents, and antibodies. In addition, it offers contract research services, including sample testing, homebrew assay development, custom assay development, lucent diagnostic, and LDT testing services. The company primarily operates in the areas of neurology, oncology, cardiology, infectious diseases, and inflammation. It sells its products for the life science research sector primarily to laboratories associated with academic and governmental research institutions, as well as pharmaceutical, biotechnology, and contract research companies through a direct field sale, support organizations, and distributors or sales agents. The company was formerly known as Digital Genomics, Inc. and changed its name to Quanterix Corporation in August 2007. Quanterix Corporation was incorporated in 2007 and is headquartered in Billerica, Massachusetts.

Sector
Healthcare
Industry
Medical Devices
Country
United States

News

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Insider holders

QTRX insider holders
InsiderRelationLatest transactionDateShares held
DONNELLY WILLIAM PDirectorStock Award(Grant)Sep 30, 202434,583
ELLIOTT JEFFREY THOMASDirectorStock Award(Grant)Aug 18, 202411,985
HLAVINKA SARAH EDirectorStock Award(Grant)Sep 30, 202446,001
MADAUS MARTIN D PH.D.DirectorStock Award(Grant)Jan 1, 2024284,106
MAGOVCEVIC-LIEBISCH IVANADirectorStock Award(Grant)Oct 1, 202412,800
MEISTER PAUL MDirectorStock Award(Grant)Sep 30, 2024295,729

Institution ownership

QTRX institution ownership
Holder% heldSharesValueReported
Alliancebernstein L.P.8.51%3,265,60334.78MSep 29, 2024
Blackrock Inc.8.37%3,210,91634.20MSep 29, 2024
Portolan Capital Management, LLC6.57%2,520,68626.85MSep 29, 2024
Vanguard Group Inc5.73%2,197,83923.41MSep 29, 2024
Millennium Management Llc5.37%2,062,13221.96MSep 29, 2024
Ameriprise Financial, Inc.3.95%1,517,24816.16MSep 29, 2024

Fund ownership

QTRX fund ownership
Holder% heldSharesValueReported
AB Cap Fd.-AB Small Cap Growth Port4.56%1,748,33618.62MOct 30, 2024
Fidelity Rutland Square Tr II-Strategic Advisers U.S. Total Stock Fd3.88%1,488,46615.85MOct 30, 2024
Fidelity Strategic Advisors Small-Mid Cap Fund3.39%1,299,66113.84MJul 30, 2024
Vanguard Total Stock Market Index Fund2.99%1,148,77512.23MSep 29, 2024
iShares Russell 2000 ETF2.41%926,5299.87MOct 30, 2024
Principal Small Cap Growth Fd I1.71%656,0556.99MJul 30, 2024
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