Qiagen's Long-Term Earnings Decline Sparks Investor Concerns
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk of stock picking is that you will likely buy under-performing companies. Unfortunately, that's been the case for longer term Qiagen N.V. (NYSE:QGEN) shareholders, since the share price is down 15% in the last three years, falling well short of the market return of around 40%. Furthermore, it's down 11% in about a quarter.
- The significant drop in Qiagen's earnings per share over the past three years suggests that investors' optimism on long-term earnings stability may be misplaced, and further declines in EPS could erode their confidence.
- Can Qiagen regain investor trust by implementing sustainable growth strategies, and if so, what would be the necessary conditions for this turnaround to occur?