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NYSE:BIOBio-Rad Laboratories Stock Price, Forecast & News

$478.04
+10.55 (+2.26 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$467.04
Now: $478.04
$478.34
50-Day Range
$432.34
MA: $458.76
$493.06
52-Week Range
$304.17
Now: $478.04
$497.42
Volume245,000 shs
Average Volume414,241 shs
Market Capitalization$14.17 billion
P/E Ratio9.16
Dividend YieldN/A
Beta1.08
Bio-Rad Laboratories, Inc. develops, manufactures, and markets products and solutions for the life science research and clinical diagnostic markets in Europe, the Pacific Rim, the United States, and internationally. The company offers products and systems to separate complex chemical and biological materials, as well as to identify, analyze, and purify components. It operates through two segments, Life Science and Clinical Diagnostics. The Life Science segment develops, manufactures, and markets a range of reagents, apparatus, and laboratory instruments that are used in research techniques, biopharmaceutical production processes, and food testing regimes. It focuses on selected segments of the life sciences market in proteomics, genomics, biopharmaceutical production, cell biology, and food safety. This segment serves universities and medical schools, industrial research organizations, government agencies, pharmaceutical manufacturers, biotechnology researchers, food producers, and food testing laboratories. The Clinical Diagnostics segment designs, manufactures, sells, and supports test systems, informatics systems, test kits, and specialized quality controls for clinical laboratories in the diagnostics market. This segment offers reagents, instruments, and software, which address specific niches within the in vitro diagnostics test market. It sells its products to reference laboratories, hospital laboratories, state newborn screening facilities, physicians' office laboratories, transfusion laboratories, and insurance and forensic testing laboratories. The company offers its products through its direct sales force, as well as through distributors, agents, brokers, and resellers. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.6Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 out of 5 stars


Industry, Sector and Symbol

Industry Analytical instruments
Sub-IndustryLife Sciences Tools & Services
SectorMedical
CUSIP09057220
Phone510-724-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.31 billion
Cash Flow$7.28 per share
Book Value$192.32 per share

Profitability

Net Income$1.76 billion

Miscellaneous

Employees8,120
Market Cap$14.17 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Bio-Rad Laboratories (NYSE:BIO) Frequently Asked Questions

How has Bio-Rad Laboratories' stock been impacted by COVID-19 (Coronavirus)?

Bio-Rad Laboratories' stock was trading at $345.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BIO shares have increased by 38.2% and is now trading at $478.04. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Bio-Rad Laboratories?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bio-Rad Laboratories in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Bio-Rad Laboratories.

When is Bio-Rad Laboratories' next earnings date?

Bio-Rad Laboratories is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Bio-Rad Laboratories.

How were Bio-Rad Laboratories' earnings last quarter?

Bio-Rad Laboratories, Inc. (NYSE:BIO) announced its earnings results on Wednesday, May, 6th. The medical research company reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.34. The medical research company earned $571.60 million during the quarter, compared to analysts' expectations of $545.70 million. Bio-Rad Laboratories had a net margin of 67.81% and a return on equity of 3.95%. The company's revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.65 earnings per share. View Bio-Rad Laboratories' earnings history.

What price target have analysts set for BIO?

4 equities research analysts have issued twelve-month target prices for Bio-Rad Laboratories' stock. Their forecasts range from $400.00 to $525.00. On average, they expect Bio-Rad Laboratories' share price to reach $470.00 in the next year. This suggests that the stock has a possible downside of 1.7%. View analysts' price targets for Bio-Rad Laboratories.

Has Bio-Rad Laboratories been receiving favorable news coverage?

Press coverage about BIO stock has been trending negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bio-Rad Laboratories earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news coverage about the medical research company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Bio-Rad Laboratories.

Are investors shorting Bio-Rad Laboratories?

Bio-Rad Laboratories saw a decline in short interest in June. As of June 15th, there was short interest totaling 446,700 shares, a decline of 10.1% from the May 31st total of 496,900 shares. Based on an average daily volume of 258,500 shares, the short-interest ratio is presently 1.7 days. Currently, 2.1% of the shares of the stock are short sold. View Bio-Rad Laboratories' Current Options Chain.

Who are some of Bio-Rad Laboratories' key competitors?

What other stocks do shareholders of Bio-Rad Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bio-Rad Laboratories investors own include BioMarin Pharmaceutical (BMRN), Puma Biotechnology (PBYI), Incyte (INCY), AbbVie (ABBV), Medivation (MDVN), Alibaba Group (BABA), CVS Health (CVS), salesforce.com (CRM), Gilead Sciences (GILD) and Micron Technology (MU).

Who are Bio-Rad Laboratories' key executives?

Bio-Rad Laboratories' management team includes the following people:
  • Mr. Norman D. Schwartz, Chairman, CEO & Pres (Age 69)
  • Ms. Christine A. Tsingos, Exec. Officer (Age 60)
  • Mr. John Hertia, Exec. VP & Pres of Clinical Diagnostics Group (Age 63)
  • Mr. Michael Crowley, Exec. VP of Global Commercial Operations (Age 57)
  • Ms. Annette Tumolo, Exec. VP & Pres of Life Science Group (Age 64)

What is Bio-Rad Laboratories' stock symbol?

Bio-Rad Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIO."

Who are Bio-Rad Laboratories' major shareholders?

Bio-Rad Laboratories' stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.14%), State of Alaska Department of Revenue (0.02%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%), Diversified Trust Co (0.00%) and IBM Retirement Fund (0.00%). Company insiders that own Bio-Rad Laboratories stock include Annette Tumolo, Christine A Tsingos, James R Stark, John Hertia, Michael Crowley, Ronald W Hutton and Timothy S Ernst. View institutional ownership trends for Bio-Rad Laboratories.

Which institutional investors are buying Bio-Rad Laboratories stock?

BIO stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Diversified Trust Co, IBM Retirement Fund, State of Alaska Department of Revenue, and Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity for Bio-Rad Laboratories.

How do I buy shares of Bio-Rad Laboratories?

Shares of BIO 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, Robinhood, Fidelity, and Charles Schwab.

What is Bio-Rad Laboratories' stock price today?

One share of BIO stock can currently be purchased for approximately $478.04.

How big of a company is Bio-Rad Laboratories?

Bio-Rad Laboratories has a market capitalization of $14.17 billion and generates $2.31 billion in revenue each year. The medical research company earns $1.76 billion in net income (profit) each year or $7.06 on an earnings per share basis. Bio-Rad Laboratories employs 8,120 workers across the globe.

What is Bio-Rad Laboratories' official website?

The official website for Bio-Rad Laboratories is www.bio-rad.com.

How can I contact Bio-Rad Laboratories?

Bio-Rad Laboratories' mailing address is 1000 ALFRED NOBEL DRIVE, HERCULES CA, 94547. The medical research company can be reached via phone at 510-724-7000 or via email at [email protected]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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