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DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NASDAQ:VIVO

Meridian Bioscience Stock Forecast, Price & News

$30.90
+0.48 (+1.58%)
(As of 07/1/2022 03:59 PM ET)
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Today's Range
$30.26
$30.98
50-Day Range
$23.75
$31.69
52-Week Range
$17.04
$31.93
Volume
9,356 shs
Average Volume
549,440 shs
Market Capitalization
$1.35 billion
P/E Ratio
21.92
Dividend Yield
N/A
Price Target
$30.00

Meridian Bioscience MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.9% Downside
$30.00 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.41
Upright™ Environmental Score
News Sentiment
-0.05mentions of Meridian Bioscience in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$3.60 M Sold Last Quarter
Proj. Earnings Growth
-18.06%
From $1.44 to $1.18 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.74 out of 5 stars

Medical Sector

807th out of 1,428 stocks

Diagnostic Substances Industry

10th out of 27 stocks

30 days | 90 days | 365 days | Advanced Chart

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Meridian Bioscience logo

About Meridian Bioscience (NASDAQ:VIVO) Stock

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 brands; and urea breath testing for H. pylori under the BreathID and BreathTek brand. This segment also offers respiratory illness assays, such as tests Group A strep, mycoplasma pneumonia, influenza, and pertussis; and blood chemistry products for LeadCare test kits for the detection 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. Meridian Bioscience, Inc. was incorporated in 1976 and is headquartered in Cincinnati, Ohio.

VIVO Stock News Headlines

Meridian Bioscience: Correctly Valued
Meridian Bioscience Tops Q2 EPS by 35c
See More Headlines

Industry, Sector and Symbol

Industry
Diagnostic substances
Sub-Industry
Health Care Supplies
Sector
Medical
Current Symbol
NASDAQ:VIVO
CUSIP
58958410
Employees
702
Year Founded
1977

Company Calendar

Last Earnings
5/06/2022
Today
7/05/2022
Next Earnings (Estimated)
8/05/2022
Fiscal Year End
9/30/2022

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
-2.9%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$71.41 million
Pretax Margin
23.41%

Debt

Sales & Book Value

Annual Sales
$317.90 million
Cash Flow
$2.04 per share
Book Value
$7.57 per share

Miscellaneous

Free Float
42,573,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
0.27

Social Links















Meridian Bioscience Frequently Asked Questions

Should I buy or sell Meridian Bioscience stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bioscience in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Meridian Bioscience stock.
View analyst ratings for Meridian Bioscience
or view top-rated stocks.

What is Meridian Bioscience's stock price forecast for 2022?

1 analysts have issued 12 month target prices for Meridian Bioscience's stock. Their VIVO stock forecasts range from $30.00 to $30.00. On average, they anticipate Meridian Bioscience's stock price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts' price targets for Meridian Bioscience
or view top-rated stocks among Wall Street analysts.

How has Meridian Bioscience's stock performed in 2022?

Meridian Bioscience's stock was trading at $20.40 at the beginning of the year. Since then, VIVO shares have increased by 51.5% and is now trading at $30.90.
View the best growth stocks for 2022 here
.

When is Meridian Bioscience's next earnings date?

Meridian Bioscience is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022.
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 Friday, May, 6th. The company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.18. The company earned $111.23 million during the quarter, compared to analyst estimates of $99.55 million. Meridian Bioscience had a net margin of 18.34% and a trailing twelve-month return on equity of 18.79%.
View Meridian Bioscience's earnings history
.

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

Meridian Bioscience issued an update on its FY 2022 earnings guidance on Monday, June, 6th. The company provided EPS guidance of $1.30-$1.40 for the period, compared to the consensus EPS estimate of $1.37. The company issued revenue guidance of $330.00 million-$345.00 million, compared to the consensus revenue estimate of $337.62 million.

Who are Meridian Bioscience's key executives?

Meridian Bioscience's management team includes the following people:
  • Mr. John P. Kenny, Pres, CEO & Director (Age 53, Pay $1.51M)
  • Dr. Lourdes G. Weltzien Ph.D., Exec. VP of Life Science Bus. Unit (Age 57, Pay $665.66k)
  • Mr. Tony Serafini-Lamanna, Exec. VP of Diagnostics (Age 59, Pay $600.53k)
  • Mr. Andrew S. Kitzmiller, Exec. VP & CFO (Age 42)
  • Julie Smith, Sr. VP, Controller & Principal Accounting Officer
  • Mr. Jeff Pinkston, Director of Corp. Fin.
  • Mr. Charles Wood, VP of Corp. Strategy, Bus. Devel. & Investor Relations
  • Ms. Melissa J. McCarey, VP of Global HR
  • Ms. Susan D. Rolih, Consultant (Age 73)
  • Ms. Melissa A. Lueke, Consultant (Age 59)

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.

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."

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 $30.90.

How much money does Meridian Bioscience make?

Meridian Bioscience (NASDAQ:VIVO) has a market capitalization of $1.35 billion and generates $317.90 million in revenue each year. The company earns $71.41 million in net income (profit) each year or $1.41 on an earnings per share basis.

How many employees does Meridian Bioscience have?

Meridian Bioscience employs 702 workers across the globe.

Does Meridian Bioscience have any subsidiaries?

The following companies are subsidiares of Meridian Bioscience: Exalenz Bioscience.
Read More

When was Meridian Bioscience founded?

Meridian Bioscience was founded in 1977.

How can I contact Meridian Bioscience?

Meridian Bioscience's mailing address is 3471 RIVER HILLS DRIVE, CINCINNATI OH, 45244. The official website for Meridian Bioscience is www.meridianbioscience.com. The company can be reached via phone at (513) 271-3700, via email at mbi@meridianbioscience.com, or via fax at 513-271-3762.

This page (NASDAQ:VIVO) was last updated on 7/5/2022 by MarketBeat.com Staff

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