NASDAQ:VIVO

Meridian Bioscience Stock Forecast, Price & News

$22.50
+0.07 (+0.31 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$22.42
Now: $22.50
$23.21
50-Day Range
$21.03
MA: $24.66
$28.32
52-Week Range
$10.47
Now: $22.50
$30.65
Volume372,486 shs
Average Volume777,724 shs
Market Capitalization$970.76 million
P/E Ratio20.83
Dividend YieldN/A
Beta0.59
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.
Meridian Bioscience logo

Industry, Sector and Symbol

Industry Diagnostic substances
Sub-IndustryHealth Care Supplies
SectorMedical
Current SymbolNASDAQ:VIVO
CUSIP58958410
Phone513-271-3700
Employees750
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$253.67 million
Cash Flow$1.44 per share
Book Value$5.78 per share

Profitability

Net Income$46.19 million

Miscellaneous

Market Cap$970.76 million
Next Earnings Date5/7/2021 (Confirmed)
OptionableOptionable

Headlines

Meridian Bioscience (NASDAQ:VIVO) Shares Down 3.6%
April 6, 2021 |  americanbankingnews.com
Meridian Bioscience (NASDAQ:VIVO) Shares Up 7.6%
April 1, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.66 out of 5 stars

Medical Sector

318th out of 2,024 stocks

Diagnostic Substances Industry

5th out of 32 stocks

Analyst Opinion: 3.5Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$22.50
+0.07 (+0.31 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Meridian Bioscience (NASDAQ:VIVO) Frequently Asked Questions

Is Meridian Bioscience a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meridian Bioscience in the last year. There are currently 3 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Meridian Bioscience wasn't one of them. MarketBeat thinks these five stocks 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, May 7th 2021.
View our earnings forecast for Meridian Bioscience
.

How can I listen to Meridian Bioscience's earnings call?

Meridian Bioscience will be holding an earnings conference call on Friday, May 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Meridian Bioscience's earnings last quarter?

Meridian Bioscience, Inc. (NASDAQ:VIVO) released its earnings results on Thursday, February, 4th. The company reported $0.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.23. The business had revenue of $92.92 million for the quarter, compared to the consensus estimate of $92 million. Meridian Bioscience had a net margin of 18.21% and a trailing twelve-month return on equity of 21.06%.
View Meridian Bioscience's earnings history
.

How has Meridian Bioscience's stock been impacted by COVID-19 (Coronavirus)?

Meridian Bioscience's stock was trading at $6.43 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VIVO shares have increased by 249.9% and is now trading at $22.50.
View which stocks have been most impacted by COVID-19
.

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

Meridian Bioscience updated its FY 2021 Pre-Market earnings guidance on Friday, February, 5th. The company provided earnings per share guidance of 1.70-1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22. The company issued revenue guidance of $320-350 million, compared to the consensus revenue estimate of $307.42 million.

What price target have analysts set for VIVO?

3 equities research analysts have issued twelve-month target prices for Meridian Bioscience's shares. Their forecasts range from $32.00 to $34.00. On average, they anticipate Meridian Bioscience's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 46.7% 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 Hillsdale Investment Management Inc. (0.32%), New York State Teachers Retirement System (0.21%), Exchange Traded Concepts LLC (0.10%), Randolph Co Inc (0.07%), State of Alaska Department of Revenue (0.07%) and Crossmark Global Holdings Inc. (0.07%). Company insiders that own Meridian Bioscience stock include Anthony P Bihl III, Bryan T Baldasare, David Phillips, Felicia Williams, James M Anderson, 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 Hillsdale Investment Management Inc., New York State Teachers Retirement System, and State of Alaska Department of Revenue. 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 Randolph Co Inc, Exchange Traded Concepts LLC, HighPoint Advisor Group LLC, Everence Capital Management Inc., 6 Meridian, First Bank & Trust, Optimum Investment Advisors, and Crossmark Global Holdings 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, James M Anderson, John Mccune Jr Rice, 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 $22.50.

How much money does Meridian Bioscience make?

Meridian Bioscience has a market capitalization of $970.76 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.


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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