Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 889.58M P/E - EPS this Y -16.30% Ern Qtrly Grth -
Income -32.33M Forward P/E -17.23 EPS next Y 11.00% 50D Avg Chg 5.00%
Sales 122.37M PEG - EPS past 5Y - 200D Avg Chg 56.00%
Dividend N/A Price/Book 2.49 EPS next 5Y - 52W High Chg -7.00%
Recommedations 2.00 Quick Ratio 9.02 Shares Outstanding 38.25M 52W Low Chg 277.00%
Insider Own 6.47% ROA -6.47% Shares Float 33.55M Beta 1.33
Inst Own 84.87% ROE -9.16% Shares Shorted/Prior 1.11M/1.23M Price 23.78
Gross Margin 57.73% Profit Margin -26.42% Avg. Volume 362,103 Target Price 30.80
Oper. Margin -36.98% Earnings Date May 7 Volume 207,865 Change -4.65%
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.

Quanterix Corporation News
04/01/24 Investing in Quanterix (NASDAQ:QTRX) a year ago would have delivered you a 111% gain
03/21/24 Quanterix Outlines Partner Path With Labs to Expedite Building Global Alzheimer’s Disease Testing Infrastructure
03/06/24 Quanterix (QTRX) AD Offering Gets FDA's Breakthrough Device Tag
03/04/24 Quanterix Granted Breakthrough Device Designation from U.S. FDA for Blood-Based p-Tau 217 Test for Alzheimer’s Disease
03/03/24 Quanterix Corporation (NASDAQ:QTRX) Just Released Its Annual Results And Analysts Are Updating Their Estimates
03/03/24 Quanterix Corporation (NASDAQ:QTRX) Q4 2023 Earnings Call Transcript
03/02/24 Quanterix Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
03/01/24 Q4 2023 Quanterix Corp Earnings Call
02/29/24 Quanterix Corporation (QTRX) Reports Q4 Loss, Tops Revenue Estimates
02/29/24 Quanterix Releases Operating Results for Fourth Quarter and Full Year 2023
02/27/24 Quanterix (QTRX) Expands in Alzheimer's Testing With Alliances
02/27/24 Quanterix Corp (QTRX) Aligns Earnings Release with Annual Report Filing, Reaffirms 2023 Guidance
02/26/24 Quanterix Announces First Collaborations with Five Health Networks to Aid the Diagnosis and Clinical Management of Individuals with Alzheimer’s Disease
02/23/24 Quanterix to Present at Cowen’s 44th Annual Health Care Conference
02/20/24 Quanterix Insider Ups Holding During Year
02/16/24 Quanterix Fourth Quarter Earnings and Full Year 2023 Financial Results Conference Call
01/02/24 Here's Why We're Not At All Concerned With Quanterix's (NASDAQ:QTRX) Cash Burn Situation
12/12/23 Quanterix to Present at 42nd Annual J.P. Morgan Healthcare Conference
12/04/23 Here's Why Quanterix Corporation (QTRX) is a Great Momentum Stock to Buy
11/29/23 Does Quanterix Corporation (QTRX) Have the Potential to Rally 33.74% as Wall Street Analysts Expect?
QTRX Chatroom

User Image Karp420 Posted - 2 days ago

$QTRX thank you lord for bringing this back down tomorrow is the day to start buying. Home run company

User Image Pika_Capital Posted - 2 days ago

$qtrx I don't get this. If you are desperate for cash and unload at these levels it's not like you can cash out immediately. Why not to wait until market opens tomorrow 🤡

User Image IOMASS Posted - 5 days ago

$QTRX Maybe some news expected tomorrow AM...

User Image Pika_Capital Posted - 5 days ago

Last week added a bit of $arwr $tgtx $zlab $qtrx Bios will be back. Take advantage

User Image IOMASS Posted - 1 week ago

$QTRX Probably could use some internal news like an update on the testing network or licensing progress - but a key investor entering the picture would also be nice - the fact that QTRX will likely be in negotiations with various strategic parties re IP could produce some interesting results given low current valuation...

User Image PeteFromPhilly Posted - 1 week ago

$QTRX time to buy yet? They still have huge cash hoard? I recall this being at gift last year under 10 ...I left the party way too soon at $16-17 Did they miss eps or anything or just another random algo bear attack like were seeing in so many names?

User Image Boomer52 Posted - 1 week ago

$QTRX Bottom in?

User Image Miko_Vakilla Posted - 1 week ago

$QTRX Bought in years ago at $8 and out at $20. Back in here.

User Image IOMASS Posted - 1 week ago

$QTRX New Cowen report is jibberish IMO - just lowering PT because stock is down - there will be competition but AD diagnostics and treatment is a huge market and QTRX will get a solid share of it - also, the stock price down here could make the company vulnerable to a strategic acquisition run, likely the reason for the new enhanced golden parachutes for CEO and CFO - plenty of ways to win on QTRX...

User Image Swick02 Posted - 1 week ago

$QTRX taken to the woodshed, down 40% in just a few weeks. New tests continue to be announced, QTRX should get their fair share of the market. Current enterprise value of $300 million seems like this move has been a bit excessive. This will be a huge market. Added some more here at $16

User Image Pika_Capital Posted - 1 week ago

$QTRX ready to add another batch at these levels

User Image IOMASS Posted - 1 week ago

$QTRX Lots of recent news out there re AD to include new LLY/ROG diagnostic test and LH new neuro test - don't know if some of the news is being interpreted as negative for QTRX but I would think the developments are overall positive re the approaching sizeable market for AD diagnostics and therapy testing...

User Image IOMASS Posted - 1 week ago

$QTRX Some Speculation: Folks speculating re IP strength/ competition concerns but at least 2 analysts have recently reiterated @ $30+ PTs Pura Vida Investments owned 800+K shares EOY - speculation they are/have liquidated since QTRX has large cash position - could initiate buyback plan on weakness QTRX filed 8K late Friday disclosing an enhanced golden parachute for CEO n CFO upon a change of control event

User Image jlwnh Posted - 1 week ago

$QTRX @sogenerous curious your thoughts on this dip? 🙏

User Image Swick02 Posted - 1 week ago

$QTRX competitive fears driving this decline, investors questioning the strength of the company’s IP position. I exited months ago in the mid-20’s, buying back here and selling puts.

User Image LordThanaton Posted - 2 weeks ago

$QTRX wow any news? Or just a healthy suprise?

User Image Karp420 Posted - 2 weeks ago

$QTRX wow. QTRX going on sale. I missed this one and am happy to see it coming back. This is a great company. Will be scaling in for sure

User Image LordThanaton Posted - 2 weeks ago

$QTRX is it just me or anyone else liking these lvls?

User Image IOMASS Posted - 2 weeks ago

$QTRX Analysts reiterating $30+ PTs has had no great impact...volume not that big but price is silly given AD position

User Image Pika_Capital Posted - 2 weeks ago

@lowfloatscambuster has nothing to do with recent PR lol Look at ARKG. All life sciences tech is selling like crazy today $qtrx

User Image lowfloatscambuster Posted - 2 weeks ago

$QTRX The next time someone tells you companies don’t need seasoned IR and messaging people, remember this. What a disaster

User Image lowfloatscambuster Posted - 1 month ago

$QTRX The correct answer to the question is: “We will aggressively defend our intellectual property across all apllicable use cases. While we would prefer to reach mutually beneficial licensing agreements with interested parties, we will not hesitate to litigate if necessary. They need a real IR person. Desperately. Right now.

User Image lowfloatscambuster Posted - 1 month ago

$QTRX “Parties currently measuring Tau protein in relation to a neurological condition in a research or diagnostic setting on any other platform risk infringement of Quanterix’s intellectual property.” 👀👀👀

User Image Stock_Titan Posted - 1 month ago

$QTRX Quanterix Outlines Partner Path With Labs to Expedite Building Global Alzheimer’s Disease Testing Infrastructure https://www.stocktitan.net/news/QTRX/quanterix-outlines-partner-path-with-labs-to-expedite-building-xrnehxk2aeh8.html

User Image TickerDD_com Posted - 1 month ago

From 3/8/2024, looking back across 22 Month-Ends for QTRX, Percentage Change of Average Monthly Price had More Positives (77%) while Percentage Change of Average Monthly Volume had All Positives (100%) $QTRX #QTRX #QTRXStock #TickerDD https://www.youtube.com/watch?v=HPGsXjNb_d4

User Image lowfloatscambuster Posted - 1 month ago

$QTRX so we’re doing the labcorp news dance again with this. https://www.prnewswire.com/news-releases/labcorp-launches-ptau217-blood-biomarker-test-to-accelerate-path-to-diagnosis-of-alzheimers-disease-and-support-clinical-trials-302094433.html

User Image WantedToRetireEarly Posted - 1 month ago

$QTRX from recent call: For the full year, we expect GAAP gross margin to be in the 57% to 61% range and non-GAAP gross margin to be approximately 51% to 55%. As with revenue, this guide excludes margins from diagnostics testing. Lastly, on to capital allocation and cash usage. We expect our cash usage for the full year to be in the range of $25 million to $30 million and increase in cash usage of approximately $10 million at the midpoint. As Masoud mentioned, our priorities in 2024 will be growth in menu, innovation in tech and ramping up diagnostics. We will spend approximately $5 million to $10 million on the first two initiatives and approximately $10 million to $15 million on diagnostics with additional spend on diagnostics expected in 2025. This approximately $20 million investment in our strategic initiatives will be offset by approximately $10 million of reduced cash burn from revenue and margin growth.

User Image DailyStocksPicks Posted - 1 month ago

EyePoint Pharmaceuticals Inc. ($EYPT) appears undervalued after outperforming fourth-quarter earnings expectations and showing promising clinical trial results for EYP-1901. Despite a bearish sentiment due to revised revenue forecasts, the company's financial health and positive clinical outcomes suggest a potential market correction, making it a compelling consideration for investors looking for long-term value. $PACB, $QTRX, $CTKB, $LAB For More Details https://youtu.be/53IHP3Y7EFc

User Image DailyStocksPicks Posted - 1 month ago

Today’s pick number one is $CTKB. Cytek Biosciences Inc., a company that specializes in cell analysis solutions. Cytek has developed a cutting-edge technology known as Full Spectrum Profiling. Based in Fremont, California, it operates within the Medical - Biomedical and Genetics industry, which is ranked number 74 out of 252 by Zacks. Despite showcasing strong financial results and a positive outlook for FY 2024, CTKB might be considered oversold due to market reactions not fully reflecting its financial health and growth potential. This discrepancy could stem from broader market trends overshadowing the company's solid performance and future prospects. $EYPT, $QTRX, $PACB, $ALLO For more details https://youtu.be/cSfffj0OIas

User Image WantedToRetireEarly Posted - 1 month ago

$IBRX $QTRX $RNLX

Analyst Ratings
Scotiabank Sector Outperform Mar 4, 24
Goldman Sachs Buy Sep 28, 23
Goldman Sachs Buy Sep 27, 23
Canaccord Genuity Buy Sep 25, 23
Goldman Sachs Buy Aug 9, 23
Goldman Sachs Buy May 24, 23
Goldman Sachs Buy May 23, 23
Goldman Sachs Neutral Nov 10, 22
SVB Leerink Market Perform Nov 9, 22
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
DOYLE MICHAEL A CFO and Treasurer CFO and Treasurer Aug 12 Buy 10.3 30,000 309,000 48,614 08/16/22
Toloue Masoud President & CEO President & CEO Aug 12 Buy 10.43 105,000 1,095,150 185,823 08/16/22
Hlavinka Sarah E. Director Director Aug 11 Buy 9.92 10,160 100,787 26,270 08/11/22
WALT DAVID R Director Director Aug 10 Buy 8.6233 150,000 1,293,495 1,431,312 08/10/22
MEISTER PAUL M Director Director Aug 10 Buy 8.56 234,304 2,005,642 252,611 08/10/22
Madaus Martin D Director Director Aug 10 Buy 8.4261 89,667 755,543 254,633 08/10/22
HRUSOVSKY E KEVIN Executive Chairman Executive Chairman May 02 Sell 22.48 649 14,590 911,921 05/03/22
Duffy David C. SVP R&D and CTO SVP R&D and CTO Mar 23 Sell 30.00 3,266 97,980 54,730 03/28/22
Roskey Mark T. SVP, Strategic Partn.. SVP, Strategic Partnerships Feb 09 Sell 34.9686 292 10,211 22,662 02/09/22
Fry John J General Counsel & Se.. General Counsel & Secretary Feb 09 Sell 34.9686 481 16,820 31,124 02/09/22
Mattoon Dawn Sr. VP, Diagnostics Sr. VP, Diagnostics Feb 09 Sell 34.9686 318 11,120 37,404 02/09/22
HRUSOVSKY E KEVIN Chairman and CEO Chairman and CEO Feb 09 Sell 34.9686 1,364 47,697 888,433 02/09/22
Duffy David C. SVP R&D and CTO SVP R&D and CTO Jan 31 Sell 30.00 3,266 97,980 61,262 01/31/22
HRUSOVSKY E KEVIN Chairman and CEO Chairman and CEO Oct 22 Sell 50.94 5,000 254,700 906,316 10/22/21