BioLife Solutions - BLFS Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BioLife Solutions in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BLFS shares.
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1 analysts have issued 1-year price targets for BioLife Solutions' shares. Their BLFS share price forecasts range from $29.00 to $34.00. On average, they anticipate the company's share price to reach $31.20 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
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BioLife Solutions' stock was trading at $18.20 at the beginning of 2023. Since then, BLFS stock has increased by 34.0% and is now trading at $24.38.
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BioLife Solutions saw a drop in short interest in January. As of January 15th, there was short interest totaling 2,330,000 shares, a drop of 5.7% from the December 31st total of 2,470,000 shares. Based on an average trading volume of 379,600 shares, the days-to-cover ratio is presently 6.1 days. Approximately 5.9% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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BioLife Solutions, Inc. (NASDAQ:BLFS) announced its quarterly earnings results on Wednesday, November, 9th. The medical equipment provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.03. The medical equipment provider earned $40.75 million during the quarter, compared to analysts' expectations of $41.63 million. BioLife Solutions had a negative net margin of 67.70% and a negative trailing twelve-month return on equity of 7.50%.

BioLife Solutions issued an update on its FY 2022 earnings guidance on Saturday, January, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $161.90 million-$161.90 million, compared to the consensus revenue estimate of $160.92 million.

14 employees have rated BioLife Solutions Chief Executive Officer Mike Rice on Glassdoor.com. Mike Rice has an approval rating of 100% among the company's employees. This puts Mike Rice in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at BioLife Solutions to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other BioLife Solutions investors own include Micron Technology (MU), AbbVie (ABBV), Cara Therapeutics (CARA), Gilead Sciences (GILD), Pfizer (PFE), Rigel Pharmaceuticals (RIGL), Sorrento Therapeutics (SRNE), Twilio (TWLO) and Verastem (VSTM).

BioLife Solutions trades on the NASDAQ under the ticker symbol "BLFS."

BioLife Solutions' stock is owned by a number of retail and institutional investors. Top institutional investors include Stephens Investment Management Group LLC (0.92%), Zweig DiMenna Associates LLC (0.90%), New York State Common Retirement Fund (0.83%), Peregrine Capital Management LLC (0.67%), Stephens Inc. AR (0.34%) and Los Angeles Capital Management LLC (0.10%). Insiders that own company stock include Aby J Mathew, Aby J Mathew, Amy Duross, Andrew G Hinson, Andrew G Hinson, Casdin Partners Master Fund, L, Greef Roderick De, James Mathers, Joseph C Schick, Karen A Foster, Karen A Foster, Marcus Schulz, Michael Rice, Of The University Of C Regents, Raymond W Cohen, Sarah Aebersold, Thomas Girschweiler, Todd Berard, Troy Wichterman and Walter Villiger.
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Shares of BLFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BLFS stock can currently be purchased for approximately $24.38.

BioLife Solutions (NASDAQ:BLFS) has a market capitalization of $1.04 billion and generates $119.16 million in revenue each year. The medical equipment provider earns $-7,640,000.00 in net income (profit) each year or ($2.48) on an earnings per share basis.

The company employs 432 workers across the globe.

BioLife Solutions' mailing address is 3303 MONTE VILLA PARKWAY SUITE 310, BOTHELL WA, 98021. The official website for the company is www.biolifesolutions.com. The medical equipment provider can be reached via phone at (425) 402-1400, via email at rdegreef@biolifesolutions.com, or via fax at 425-402-1433.