NASDAQ:VIVO - Meridian Bioscience Stock Price, News, & Analysis

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$15.57 +0.01 (+0.06 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$15.57
Today's Range$15.5413 - $15.73
52-Week Range$13.53 - $17.10
Volume192,902 shs
Average Volume275,125 shs
Market Capitalization$659.67 million
P/E Ratio22.55
Dividend Yield3.21%
Beta0.79
Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for various gastrointestinal and viral diseases, respiratory and parasitic infectious diseases, and elevated blood lead levels worldwide. The company operates through Diagnostics and Life Science segments. The Diagnostics segment offers testing platforms and technologies, including isothermal DNA amplification under the illumigene brand; rapid immunoassays, a single-use immunoassays under the TRU, ImmunoCard, and ImmunoCard STAT! brand names; enzyme-linked immunoassays under the PREMIER brand; and anodic stripping voltammetry, an electrical chemical sensor platform for quantitative determination under the LeadCare brand. This segment's products are primarily used in the detection of infectious diseases caused by various bacteria, viruses, parasites, and pathogens. Its products consists of C. difficile, a causative agent for antibiotic-associated diarrhea from a hospital-acquired infection; foodborne products, such as tests for Enterohemorrhagic E. coli and Campylobacter jejuni; H. pylori to detect stomach ulcers; respiratory products; and women's health and sexually transmitted diseases Group B Streptococcu, Chlamydia trachomatis, Neisseria gonorrhea, and Herpes Simplex Virus Type 1 and Type 2. This segment sells its 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, competent cells, and bioresearch reagents used by researchers, agri-bio companies, and other diagnostic manufacturing companies. The company was founded in 1976 and is headquartered in Cincinnati, Ohio.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Diagnostic substances
Sub-IndustryHealth Care Supplies
SectorMedical
SymbolNASDAQ:VIVO
CUSIP58958410
Phone513-271-3700

Debt

Debt-to-Equity Ratio0.27
Current Ratio5.73
Quick Ratio3.89

Price-To-Earnings

Trailing P/E Ratio22.55
Forward P/E Ratio22.24
P/E GrowthN/A

Sales & Book Value

Annual Sales$200.77 million
Price / Sales3.29
Cash Flow$1.0527 per share
Price / Cash14.79
Book Value$4.02 per share
Price / Book3.87

Profitability

EPS (Most Recent Fiscal Year)$0.67
Net Income$21.55 million
Net Margins11.49%
Return on Equity16.97%
Return on Assets11.62%

Miscellaneous

Employees640
Outstanding Shares42,400,000
Market Cap$659.67 million

Meridian Bioscience (NASDAQ:VIVO) Frequently Asked Questions

What is Meridian Bioscience's stock symbol?

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

How often does Meridian Bioscience pay dividends? What is the dividend yield for Meridian Bioscience?

Meridian Bioscience announced a quarterly dividend on Tuesday, July 24th. Investors of record on Friday, August 10th will be given a dividend of $0.125 per share on Monday, August 20th. This represents a $0.50 annualized dividend and a yield of 3.21%. The ex-dividend date of this dividend is Thursday, August 9th. View Meridian Bioscience's Dividend History.

How were Meridian Bioscience's earnings last quarter?

Meridian Bioscience, Inc. (NASDAQ:VIVO) posted its earnings results on Tuesday, July, 31st. The company reported $0.18 EPS for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.01. The company earned $51.74 million during the quarter, compared to the consensus estimate of $52.17 million. Meridian Bioscience had a return on equity of 16.97% and a net margin of 11.49%. The firm's revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 EPS. View Meridian Bioscience's Earnings History.

When is Meridian Bioscience's next earnings date?

Meridian Bioscience is scheduled to release their next quarterly earnings announcement on Thursday, November 8th 2018. View Earnings Estimates for Meridian Bioscience.

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

Meridian Bioscience updated its FY18 earnings guidance on Tuesday, July, 31st. The company provided earnings per share (EPS) guidance of $0.69-0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.70. The company issued revenue guidance of $209-214 million, compared to the consensus revenue estimate of $212.19 million.

What price target have analysts set for VIVO?

1 Wall Street analysts have issued twelve-month price objectives for Meridian Bioscience's stock. Their predictions range from $16.00 to $16.00. On average, they anticipate Meridian Bioscience's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Meridian Bioscience.

What is the consensus analysts' recommendation for Meridian Bioscience?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bioscience in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Meridian Bioscience.

Who are some of Meridian Bioscience's key competitors?

Who are Meridian Bioscience's key executives?

Meridian Bioscience's management team includes the folowing people:
  • Ms. Melissa A. Lueke, Exec. VP, CFO, Principal Accounting Officer & Sec. (Age 55)
  • Ms. Susan D. Rolih, Exec. VP of Global Regulatory & Quality Systems (Age 69)
  • Mr. John P. Kenny, CEO, Exec. VP of Diagnostics Bus. Unit & Director (Age 49)
  • Mr. Lawrence J. Baldini, Exec. VP of Global Operations (Age 59)
  • Dr. Lourdes G. Weltzien, Exec. VP of Life Science Bus. Unit

Who are Meridian Bioscience's major shareholders?

Meridian Bioscience's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.17%), Ronna Sue Cohen (0.09%) and State of Alaska Department of Revenue (0.05%). Company insiders that own Meridian Bioscience stock include Dwight E Ellingwood, John A Kraeutler, John Mccune Jr Rice, John Mcilwraith, Lawrence Baldini, Melissa Lueke, Richard Eberly and Vecheslav A Elagin. View Institutional Ownership Trends for Meridian Bioscience.

Which major investors are buying Meridian Bioscience stock?

VIVO stock was acquired by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, Bank of Montreal Can and State of Alaska Department of Revenue. Company insiders that have bought Meridian Bioscience stock in the last two years include Dwight E Ellingwood, John A Kraeutler, John Mccune Jr Rice, John Mcilwraith, Lawrence Baldini and Melissa Lueke. View Insider Buying and Selling for Meridian Bioscience.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Meridian Bioscience's stock price today?

One share of VIVO stock can currently be purchased for approximately $15.57.

How big of a company is Meridian Bioscience?

Meridian Bioscience has a market capitalization of $659.67 million and generates $200.77 million in revenue each year. The company earns $21.55 million in net income (profit) each year or $0.67 on an earnings per share basis. Meridian Bioscience employs 640 workers across the globe.

What is Meridian Bioscience's official website?

The official website for Meridian Bioscience is http://www.meridianbioscience.com.

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.


MarketBeat Community Rating for Meridian Bioscience (NASDAQ VIVO)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  527
MarketBeat's community ratings are surveys of what our community members think about Meridian Bioscience and other stocks. Vote "Outperform" if you believe VIVO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VIVO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2018 by MarketBeat.com Staff

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