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NASDAQ:LAB

Standard BioTools (LAB) Stock Price, News & Analysis

$2.35
+0.01 (+0.43%)
(As of 07/26/2024 ET)
Today's Range
$2.33
$2.41
50-Day Range
$1.65
$2.61
52-Week Range
$1.57
$3.16
Volume
2.30 million shs
Average Volume
2.61 million shs
Market Capitalization
$870.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.38

Standard BioTools MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.6% Upside
$3.38 Price Target
Short Interest
Bearish
5.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.75mentions of Standard BioTools in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$2.83 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.40) to ($0.29) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Medical Sector

443rd out of 936 stocks

Analytical Instruments Industry

15th out of 27 stocks

LAB stock logo

About Standard BioTools Stock (NASDAQ:LAB)

Standard BioTools Inc., together with its subsidiaries, provides instruments, consumables, reagents, and software services for researchers and clinical laboratories in the Americas, Europe, the Middle East, Africa, and the Asia pacific. It operates through two segments: Proteomics and Genomics. The company offers analytical systems, such as CyTOF XT System, a CyTOF XT mass cytometry system performs automated high-parameter single-cell analysis using antibodies conjugated to metal isotopes; and Hyperion XTi imaging system, a spatial biology instrument. It also provides genomics, such as X9 Real-Time PCR System, a real-time PCR analytical instrument including pre-processing steps for microfluidics-based workflows using (integrated fluidic circuit) IFCs; and IFC Controllers, a controller which is designed to work with IFC formats. In addition, the company offers analytical instruments comprising Biomark HD system, a real-time PCR analytical instrument for microfluidics-based workflows using prepared IFCs. It sells its products to academic research institutions; translational research and medicine centers; cancer centers; clinical research laboratories; biopharmaceutical, biotechnology, and plant and animal research companies; and contract research organizations. It has license agreements with California Institute of Technology, Harvard University, and Caliper Life Sciences, Inc. The company was formerly known as Fluidigm Corporation and changed its name to Standard BioTools Inc. in April 2022. Fluidigm Corporation was incorporated in 1999 and is headquartered in South San Francisco, California.

LAB Stock Price History

LAB Stock News Headlines

Standard BioTools Inc. (NASDAQ:LAB) Short Interest Update
J.P. Morgan’s DIRE Warning
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“Generational Bull Run” Incoming
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See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
Measuring And Control Equipment
Current Symbol
NASDAQ:LAB
Employees
620
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.38
High Stock Price Target
$3.50
Low Stock Price Target
$3.25
Potential Upside/Downside
+43.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-74,660,000.00
Pretax Margin
-70.73%

Debt

Sales & Book Value

Annual Sales
$106.34 million
Book Value
($1.85) per share

Miscellaneous

Free Float
173,727,000
Market Cap
$870.49 million
Optionable
Optionable
Beta
1.67
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LAB Stock Analysis - Frequently Asked Questions

How have LAB shares performed this year?

Standard BioTools' stock was trading at $2.21 at the start of the year. Since then, LAB stock has increased by 6.3% and is now trading at $2.35.
View the best growth stocks for 2024 here
.

How were Standard BioTools' earnings last quarter?

Standard BioTools Inc. (NASDAQ:LAB) issued its earnings results on Wednesday, May, 8th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.13. The business had revenue of $45.54 million for the quarter, compared to the consensus estimate of $46.50 million. Standard BioTools had a negative trailing twelve-month return on equity of 144.74% and a negative net margin of 70.98%.

Who are Standard BioTools' major shareholders?

Top institutional shareholders of Standard BioTools include ARK Investment Management LLC (3.42%), Sumitomo Mitsui Trust Holdings Inc. (2.87%), Bank of New York Mellon Corp (0.26%) and Assenagon Asset Management S.A. (0.11%). Insiders that own company stock include Casdin Partners Master Fund, L and Caligan Partners Lp.
View institutional ownership trends
.

How do I buy shares of Standard BioTools?

Shares of LAB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LAB) was last updated on 7/26/2024 by MarketBeat.com Staff

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