NYSE:HAE - Haemonetics Stock Price, Price Target & More

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$98.65 -0.19 (-0.19 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$98.65
Today's Range$98.23 - $99.25
52-Week Range$38.79 - $99.50
Volume485,897 shs
Average Volume660,396 shs
Market Capitalization$5.15 billion
P/E Ratio53.04
Dividend YieldN/A
Beta0.93
Haemonetics logoHaemonetics Corporation, a healthcare company, provides hematology products and solutions. The company operates through five segments: North America Plasma; Americas Blood Center and Hospital; Europe, Middle East and Africa; Asia Pacific; and Japan. It offers automated plasma collection devices and related disposables, including NexSys PCS plasmapheresis system and PCS2 equipment and disposables, plasma collection containers, and intravenous solutions, as well as information technology platforms for plasma customers to manage their donors, operations, and supply chain; and NexLynk DMS donor management system. The company also provides automated blood component and manual whole blood collection systems, such as MCS brand apheresis equipment to collect specific blood components from the donor; disposable whole blood collection and component storage sets; SafeTrace Tx and El-Dorado Donor donation and blood unit management systems; Hemasphere software that provides support for blood drive planning; and Donor Doc and e-Donor software to enhance the donor recruitment and retention. In addition, it offers hospital products comprising TEG diagnostic systems that enables clinicians to assess the coagulation status of a patient at the point-of-care or laboratory setting; TEG Manager software, which connects various TEG analyzers throughout the hospital, providing clinicians remote access to active and historical test results that inform treatment decisions; Cell Saver Elite +, a surgical blood salvage system for cardiovascular, orthopedic, trauma, transplant, vascular, obstetrical, and gynecological surgeries; OrthoPAT, a perioperative autotranfusion system for orthopedic procedures; and BloodTrack, a suite of blood management and bedside transfusion solutions that combines software with hardware components, as well as an extension of the hospital's blood bank information system. Haemonetics Corporation was founded in 1971 and is headquartered in Braintree, Massachusetts.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Surgical & medical instruments
Sub-IndustryHealth Care Supplies
SectorMedical
SymbolNYSE:HAE
CUSIP40502410
Phone781-848-7100

Debt

Debt-to-Equity Ratio0.08
Current Ratio1.35
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio53.04
Forward P/E Ratio44.64
P/E Growth4.46

Sales & Book Value

Annual Sales$903.92 million
Price / Sales5.70
Cash Flow$3.5422 per share
Price / Cash27.85
Book Value$14.08 per share
Price / Book7.01

Profitability

EPS (Most Recent Fiscal Year)$1.87
Net Income$45.57 million
Net Margins5.04%
Return on Equity12.71%
Return on Assets7.89%

Miscellaneous

Employees3,136
Outstanding Shares52,210,000
Market Cap$5,150.22

Haemonetics (NYSE:HAE) Frequently Asked Questions

What is Haemonetics' stock symbol?

Haemonetics trades on the New York Stock Exchange (NYSE) under the ticker symbol "HAE."

How will Haemonetics' stock buyback program work?

Haemonetics announced that its board has authorized a share buyback program on Tuesday, February 6th 2018, which permits the company to buyback $260,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.

How were Haemonetics' earnings last quarter?

Haemonetics Co. (NYSE:HAE) posted its earnings results on Tuesday, May, 8th. The medical instruments supplier reported $0.43 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.43. The medical instruments supplier had revenue of $233.55 million for the quarter, compared to analysts' expectations of $226.63 million. Haemonetics had a net margin of 5.04% and a return on equity of 12.71%. The firm's revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 EPS. View Haemonetics' Earnings History.

When is Haemonetics' next earnings date?

Haemonetics is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Haemonetics.

What guidance has Haemonetics issued on next quarter's earnings?

Haemonetics issued an update on its FY19 earnings guidance on Tuesday, May, 8th. The company provided earnings per share guidance of $2.00-2.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.09.

What price target have analysts set for HAE?

6 brokerages have issued 1-year price objectives for Haemonetics' stock. Their forecasts range from $50.00 to $110.00. On average, they anticipate Haemonetics' share price to reach $84.40 in the next year. This suggests that the stock has a possible downside of 14.4%. View Analyst Ratings for Haemonetics.

What is the consensus analysts' recommendation for Haemonetics?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Haemonetics in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Haemonetics stock?

Here are some recent quotes from research analysts about Haemonetics stock:
  • 1. According to Zacks Investment Research, "Haemonetics has been gaining on continued momentum in new business generation and geographical expansion. We are upbeat about Haemonetics’ consistent growth in the Plasma franchise. Strong end-market demand for plasma-derived biopharmaceuticals continues to drive growth. We are also upbeat about the company receiving 510(k) clearance from the FDA for enhancement of its NexSys PCS embedded software which is equipped with the YES technology. The company’s strong cash position boosts investors’ confidence. The expansion in gross margin buoys optimism. Over the past three months, Haemonetics has been outperforming its industry. However, we are disappointed with the fact that despite encouraging growth at the Plasma and Hospitals segments, the company’s sluggish Blood Center business moderated overall growth in the reporting cycle." (6/12/2018)
  • 2. Morgan Stanley analysts commented, "We are maintaining our Outperform rating for REGENXBIO. Today, after market close, the company reported 1Q18 results and provided an update on its pipeline. Key takeaways include: 1) all programs remain on track, with topline data from both the wet AMD and HoFH trials expected in late 2018; and 2) the two MPS programs are slated to dose the first patients in mid-2018. With two wholly owned assets poised to deliver clinical data in late 2018, a powerful AAV technology platform with >20+ partnered programs (10 of which are in the clinic), and a cash position of $336 million pro forma, we continue to recommend REGENXBIO shares to risk-tolerant investors." (5/9/2018)

Who are some of Haemonetics' key competitors?

Who are Haemonetics' key executives?

Haemonetics' management team includes the folowing people:
  • Mr. Christopher Simon, CEO, Pres & Director (Age 54)
  • Mr. William P. Burke, CFO & Exec. VP
  • Mr. Neil Ryding, Exec. VP of Global Operations (Age 57)
  • Ms. Michelle L. Basil, EVP, Gen. Counsel & Sec.
  • Ms. Jacqueline Scanlan, Sr. VP of Global HR

Has Haemonetics been receiving favorable news coverage?

Media coverage about HAE stock has trended somewhat negative on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Haemonetics earned a media sentiment score of -0.04 on Accern's scale. They also assigned media stories about the medical instruments supplier an impact score of 43.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are Haemonetics' major shareholders?

Haemonetics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.78%), American Capital Management Inc. (0.45%), Fisher Asset Management LLC (0.39%), Retirement Systems of Alabama (0.13%), Clinton Group Inc. (0.03%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Haemonetics stock include Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Mark W Kroll, Michelle L Basil, Pedro P Granadillo, Ronald G Gelbman, Ronald Merriman, Susan Bartlett Foote, Willaim P Burke and William P Mr Burke. View Institutional Ownership Trends for Haemonetics.

Which institutional investors are selling Haemonetics stock?

HAE stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Fisher Asset Management LLC, Municipal Employees Retirement System of Michigan, Louisiana State Employees Retirement System and American Capital Management Inc.. Company insiders that have sold Haemonetics company stock in the last year include Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Mark W Kroll, Michelle L Basil, Pedro P Granadillo, Ronald G Gelbman, Susan Bartlett Foote, Willaim P Burke and William P Mr Burke. View Insider Buying and Selling for Haemonetics.

Which institutional investors are buying Haemonetics stock?

HAE stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Clinton Group Inc., Hartford Investment Management Co., Bank of Montreal Can, Fox Run Management L.L.C., LS Investment Advisors LLC and Amalgamated Bank. View Insider Buying and Selling for Haemonetics.

How do I buy shares of Haemonetics?

Shares of HAE 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 Haemonetics' stock price today?

One share of HAE stock can currently be purchased for approximately $98.65.

How big of a company is Haemonetics?

Haemonetics has a market capitalization of $5.15 billion and generates $903.92 million in revenue each year. The medical instruments supplier earns $45.57 million in net income (profit) each year or $1.87 on an earnings per share basis. Haemonetics employs 3,136 workers across the globe.

How can I contact Haemonetics?

Haemonetics' mailing address is 400 WOOD RD, BRAINTREE MA, 02184. The medical instruments supplier can be reached via phone at 781-848-7100 or via email at [email protected]


MarketBeat Community Rating for Haemonetics (NYSE HAE)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  514
MarketBeat's community ratings are surveys of what our community members think about Haemonetics and other stocks. Vote "Outperform" if you believe HAE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HAE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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