NASDAQ:VIVO

Meridian Bioscience Stock Forecast, Price & News

$20.79
+0.14 (+0.68 %)
(As of 06/14/2021 10:27 AM ET)
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Today's Range
$20.75
$21.05
50-Day Range
$18.01
$28.32
52-Week Range
$12.98
$30.65
Volume1,308 shs
Average Volume723,159 shs
Market Capitalization$900.83 million
P/E Ratio10.40
Dividend YieldN/A
Beta0.49
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Meridian Bioscience logo

About Meridian Bioscience

Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, and elevated blood lead levels worldwide. The company operates through Diagnostics and Life Science segments. The Diagnostics segment offers testing platforms, including real-time PCR amplification under the Revogene brand; isothermal DNA amplification under the Alethia brand; lateral flow immunoassay using fluorescent chemistry under the Curian brand; rapid immunoassay under the ImmunoCard and ImmunoCard STAT! brands; enzyme-linked immunoassays under the PREMIER brand; anodic stripping voltammetry under the LeadCare and PediaStat brands; and urea breath testing for H. pylori under the BreathID brand. This segment also offers gastrointestinal assays, including tests for C. difficile, H. pylori, and certain foodborne pathogens; respiratory illness assays, such as tests Group A strep, mycoplasma pneumonia, influenza, and pertussis; and blood chemistry assays for testing elevated levels of lead in blood. It sells products through direct sales force and independent distributors to acute care hospitals, reference laboratories, outpatient clinics, and physician office laboratories. The Life Science segment offers bulk antigens, antibodies, PCR/qPCR reagents, nucleotides, and bioresearch reagents used by in vitro diagnostic manufacturers, as well as researchers in immunological and molecular tests for human, animal, plant, and environmental applications. The company has a strategic collaboration with DiaSorin Inc. to sell H. pylori tests. Meridian Bioscience, Inc. was incorporated in 1976 and is headquartered in Cincinnati, Ohio.

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MarketRank

Overall MarketRank

1.66 out of 5 stars

Medical Sector

358th out of 2,099 stocks

Diagnostic Substances Industry

5th out of 35 stocks

Analyst Opinion: 3.5Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Meridian Bioscience (NASDAQ:VIVO) Frequently Asked Questions

Is Meridian Bioscience a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meridian Bioscience in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Meridian Bioscience stock.
View analyst ratings for Meridian Bioscience
or view top-rated stocks.

What stocks does MarketBeat like better than Meridian Bioscience?

Wall Street analysts have given Meridian Bioscience a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Meridian Bioscience wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Meridian Bioscience's next earnings date?

Meridian Bioscience is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Meridian Bioscience
.

How were Meridian Bioscience's earnings last quarter?

Meridian Bioscience, Inc. (NASDAQ:VIVO) announced its quarterly earnings results on Thursday, May, 6th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.08. The company had revenue of $85.26 million for the quarter, compared to the consensus estimate of $87.24 million. Meridian Bioscience had a trailing twelve-month return on equity of 32.03% and a net margin of 26.62%.
View Meridian Bioscience's earnings history
.

How has Meridian Bioscience's stock price been impacted by Coronavirus?

Meridian Bioscience's stock was trading at $6.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VIVO shares have increased by 224.3% and is now trading at $20.85.
View which stocks have been most impacted by COVID-19
.

What guidance has Meridian Bioscience issued on next quarter's earnings?

Meridian Bioscience issued an update on its FY 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share guidance of 1.600-1.800 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.660. The company issued revenue guidance of $305 million-$335 million, compared to the consensus revenue estimate of $324.35 million.

What price target have analysts set for VIVO?

2 brokers have issued 12-month price objectives for Meridian Bioscience's shares. Their forecasts range from $30.00 to $34.00. On average, they expect Meridian Bioscience's stock price to reach $32.00 in the next year. This suggests a possible upside of 53.5% from the stock's current price.
View analysts' price targets for Meridian Bioscience
or view top-rated stocks among Wall Street analysts.

Who are Meridian Bioscience's key executives?

Meridian Bioscience's management team includes the following people:
  • Mr. John P. Kenny, Pres, CEO & Director (Age 52, Pay $1.66M)
  • Mr. Bryan Baldasare, Exec. VP, Chief Accounting Officer, CFO & Sec.
  • Dr. Lourdes G. Weltzien Ph.D., Exec. VP of Life Science Bus. Unit (Age 56, Pay $683.51k)
  • Mr. Tony Serafini-Lamanna, Exec. VP of Diagnostics (Age 58, Pay $655k)
  • Mr. Jeff Pinkston, Director of Corp. Fin.
  • Mr. Charles Wood, VP of Corp. Strategy, Bus. Devel. & Investor Relations
  • Melissa J. McCarey, VP of Global HR
  • Ms. Susan D. Rolih, Consultant (Age 72)
  • Ms. Melissa A. Lueke, Consultant (Age 58)

What is Jack Kenny's approval rating as Meridian Bioscience's CEO?

7 employees have rated Meridian Bioscience CEO Jack Kenny on Glassdoor.com. Jack Kenny has an approval rating of 56% among Meridian Bioscience's employees. This puts Jack Kenny in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Meridian Bioscience's key competitors?

What other stocks do shareholders of Meridian Bioscience own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bioscience investors own include AbbVie (ABBV), NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Pfizer (PFE), AT&T (T), Gilead Sciences (GILD), Amgen (AMGN), Alibaba Group (BABA) and Tesla (TSLA).

What is Meridian Bioscience's stock symbol?

Meridian Bioscience trades on the NASDAQ under the ticker symbol "VIVO."

Who are Meridian Bioscience's major shareholders?

Meridian Bioscience's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.07%), Earnest Partners LLC (10.02%), Renaissance Technologies LLC (4.50%), Dimensional Fund Advisors LP (4.22%), Geode Capital Management LLC (2.10%) and Deerfield Management Company L.P. Series C (2.05%). Company insiders that own Meridian Bioscience stock include Anthony P Bihl III, Bryan T Baldasare, David Phillips, Felicia Williams, John Mccune Jr Rice, John Mcilwraith and John P Kenny.
View institutional ownership trends for Meridian Bioscience
.

Which major investors are selling Meridian Bioscience stock?

VIVO stock was sold by a variety of institutional investors in the last quarter, including Deerfield Management Company L.P. Series C, Renaissance Technologies LLC, Prudential Financial Inc., Acadian Asset Management LLC, Grantham Mayo Van Otterloo & Co. LLC, Millennium Management LLC, JPMorgan Chase & Co., and Dimensional Fund Advisors LP. Company insiders that have sold Meridian Bioscience company stock in the last year include Bryan T Baldasare, John Mccune Jr Rice, and John P Kenny.
View insider buying and selling activity for Meridian Bioscience
or view top insider-selling stocks.

Which major investors are buying Meridian Bioscience stock?

VIVO stock was acquired by a variety of institutional investors in the last quarter, including Earnest Partners LLC, New York State Common Retirement Fund, Allianz Asset Management GmbH, M&G Investment Management Ltd., Royce & Associates LP, LSV Asset Management, BlackRock Inc., and Victory Capital Management Inc.. Company insiders that have bought Meridian Bioscience stock in the last two years include Anthony P Bihl III, Bryan T Baldasare, David Phillips, Felicia Williams, John Mcilwraith, and John P Kenny.
View insider buying and selling activity for Meridian Bioscience
or or view top insider-buying stocks.

How do I buy shares of Meridian Bioscience?

Shares of VIVO 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.
Compare Top Brokerages Here.

What is Meridian Bioscience's stock price today?

One share of VIVO stock can currently be purchased for approximately $20.85.

How much money does Meridian Bioscience make?

Meridian Bioscience has a market capitalization of $903.43 million and generates $253.67 million in revenue each year. The company earns $46.19 million in net income (profit) each year or $1.07 on an earnings per share basis.

How many employees does Meridian Bioscience have?

Meridian Bioscience employs 750 workers across the globe.

What is Meridian Bioscience's official website?

The official website for Meridian Bioscience is www.meridianbioscience.com.

Where are Meridian Bioscience's headquarters?

Meridian Bioscience is headquartered at 3471 RIVER HILLS DRIVE, CINCINNATI OH, 45244.

How can I contact Meridian Bioscience?

Meridian Bioscience's mailing address is 3471 RIVER HILLS DRIVE, CINCINNATI OH, 45244. The company can be reached via phone at 513-271-3700 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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