8-K ·Filed May 8, 2026

DGX

QUEST DIAGNOSTICS INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago SEC0001104659-26-057938
8-K Item 1.01 + 5.02 (likely routine officer/director compensation agreement)
Actionable Insight • Neutral

Monitor DGX's leverage ratios and upcoming debt maturities. The 5% coupon is unremarkable for an A-rated issuer. No near-term equity catalyst.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d
DGX ▲ +24.25% at T+60d
NEUTRAL call ✓ call won +24.25% · α vs SPY +19.86% · entry $189.81 → $235.84
Entry anchored
May 8, 2026
via day open
T+1d
+0.19%
call +0.19% · α +0.33%
$190.18
settled 5mo ago
T+5d
+0.02%
call +0.02% · α +0.10%
$189.84
settled 5mo ago
T+20d
+7.76%
call +7.76% · α +8.06%
$204.53
settled 4mo ago
T+60d
+24.25%
call +24.25% · α +19.86%
$235.84
settled 8w ago

Price Chart

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Executive Summary

Quest Diagnostics issued $500M of 5.000% senior notes due 2036, a routine debt refinancing/capital raise. The notes are senior unsecured obligations and rank equally with existing debt. The filing has no impact on equity fundamentals or operations.

Key Facts

  • Issued $500,000,000 aggregate principal of 5.000% senior notes due 2036.
  • Interest payable semi-annually on June 30 and December 30, starting December 30, 2026.
  • Notes mature on June 30, 2036.
  • Notes are senior unsecured obligations, ranking equally with existing and future senior unsecured debt.
  • Upon a change of control triggering event, holders may require repurchase at 101% of principal plus accrued interest.

Financial Impact

No impact on revenue, earnings, or cash flow. Increases long-term debt by $500M with 5% fixed coupon.

debt

Risk Factors

  • Higher interest expense (approx. $25M annually) could modestly pressure net income.
  • Increased leverage may limit financial flexibility for future acquisitions.

Market Snapshot

Exchange
NYSE
Sector
Services-Medical Laboratories
Analyst Consensus
54% bullish (24 analysts)

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-057938
Document: tm2613096d2_ex5-1.htm0001104659-26-057938
Document: tm2613096d2_8k.htm0001104659-26-057938
Document: 0001104659-26-057938-index-headers.html0001104659-26-057938
Document: 0001104659-26-057938-index.html0001104659-26-057938
Document: 0001104659-26-057938.txt0001104659-26-057938
9 reports for DGX
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+5▲ +7.06%Sep 9, 2026
Filters
Rows
Reports for DGX — sortable, filterable
TypeNow
Sep 9, 2026
23d ago
Press Release
BULLISH ★ 6/10
$231.14 $247.45▲ +7.06%▲ +7.56%$233.27 (+0.92%)
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 3/10
$239.40 $235.02▼ −1.83%▼ −0.68%$233.27 (−2.56%)
Jul 23, 2026
10w ago
8-K
BULLISH ★ 7/10
$227.90 $234.30▲ +2.81%▲ +2.33%$233.27 (+2.36%)
May 8, 2026
20w ago
8-K
NEUTRAL ★ 2/10
$189.81 $189.84▲ +0.02%▲ +0.10%$233.27 (+22.90%)
Apr 21, 2026
23w ago
8-K
BULLISH ★ 8/10
$205.04 $195.05▼ −4.87%▼ −5.96%$233.27 (+13.77%)
Apr 16, 2026
24w ago
Court Ruling
NEUTRAL ★ 2/10
$191.46 $199.53▲ +4.21%▲ +3.25%$233.27 (+21.84%)
Mar 5, 2026
30w ago
Insider Cluster
BEARISH ★ 7/10
$203.09 $200.01▲ +1.52%▼ −0.72%$233.27 (−14.86%)
Mar 3, 2026
30w ago
Insider Cluster
NEUTRAL ★ 3/10
$207.46 $200.03▼ −3.58%▼ −3.10%$233.27 (+12.44%)
Mar 3, 2026
30w ago
Insider Cluster
NEUTRAL ★ 3/10
$207.46 $200.03▼ −3.58%▼ −3.10%$233.27 (+12.44%)
Showing 9 of 9

US Market Status

Market Closed — Opens Mon (65h 22m)

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