NYSE:HAE - Haemonetics Stock Price, News, & Analysis

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$106.31 -2.20 (-2.03 %)
(As of 10/21/2018 04:00 PM ET)
Previous Close$106.31
Today's Range$105.91 - $109.60
52-Week Range$45.47 - $117.56
Volume366,823 shs
Average Volume464,517 shs
Market Capitalization$5.50 billion
P/E Ratio56.85
Dividend YieldN/A
Beta1.02
Haemonetics 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 Ratio0.49
Current Ratio2.84
Quick Ratio1.94

Price-To-Earnings

Trailing P/E Ratio56.85
Forward P/E Ratio46.63
P/E Growth3.45

Sales & Book Value

Annual Sales$903.92 million
Price / Sales6.08
Cash Flow$3.5413 per share
Price / Cash30.02
Book Value$14.08 per share
Price / Book7.55

Profitability

EPS (Most Recent Fiscal Year)$1.87
Net Income$45.57 million
Net Margins2.45%
Return on Equity15.00%
Return on Assets9.04%

Miscellaneous

Employees3,136
Outstanding Shares51,690,000
Market Cap$5.50 billion

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 declared that its Board of Directors has approved a share buyback program on Tuesday, February 6th 2018, which authorizes the company to buyback $260,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Haemonetics' earnings last quarter?

Haemonetics Co. (NYSE:HAE) released its quarterly earnings data on Tuesday, August, 7th. The medical instruments supplier reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.17. The medical instruments supplier had revenue of $229.35 million for the quarter, compared to analyst estimates of $219.52 million. Haemonetics had a return on equity of 15.00% and a net margin of 2.45%. View Haemonetics' Earnings History.

When is Haemonetics' next earnings date?

Haemonetics is scheduled to release their next quarterly earnings announcement on Tuesday, November 6th 2018. View Earnings Estimates for Haemonetics.

How can I listen to Haemonetics' earnings call?

Haemonetics will be holding an earnings conference call on Tuesday, November 6th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778488880.

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

Haemonetics issued an update on its FY19 earnings guidance on Tuesday, August, 7th. The company provided earnings per share guidance of $2.00 to $2.30 for the period, compared to the Thomson Reuters consensus estimate of $2.17. The company issued revenue guidance of $931.04 million to $949.12 million, compared to the consensus revenue estimate of $944.25 million.

What price target have analysts set for HAE?

6 brokerages have issued twelve-month price targets for Haemonetics' stock. Their predictions range from $50.00 to $127.00. On average, they anticipate Haemonetics' stock price to reach $98.80 in the next year. This suggests that the stock has a possible downside of 7.1%. View Analyst Price Targets 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." View Analyst Ratings for Haemonetics.

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, "Over the past year, Haemonetics has been outperforming its industry. The company has been delivering encouraging performance banking on solid execution of its multi-year turnaround strategy. Continued momentum in new business generation and geographical expansion has helped drive results. The company also seems to be upbeat about the receipt of some major regulatory clearances for the Plasma business. Moreover, a strong cash position boosts investors’ confidence.  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." (10/12/2018)
  • 2. Barrington Research analysts commented, "We believe that a full transition of the company’s 20,000 base could add $2 or more per plasma donation (i.e. $70 million plus)." (10/5/2018)
  • 3. 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
  • Ms. Michelle L. Basil, EVP, Gen. Counsel & Sec.
  • Ms. Jacqueline Scanlan, Sr. VP of Global HR
  • Mr. Dan Goldstein, Principal Accounting Officer, VP & Corp. Controller (Age 41)

Who are Haemonetics' major shareholders?

Haemonetics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.94%), Copper Rock Capital Partners LLC (0.55%), Strs Ohio (0.04%), Nisa Investment Advisors LLC (0.04%), Aperio Group LLC (0.03%) and Seven Eight Capital LP (0.02%). Company insiders that own Haemonetics stock include Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Mark W Kroll, Michelle L Basil, Neil Mr Ryding, 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, Seven Eight Capital LP, Strs Ohio, Bowling Portfolio Management LLC, Bank of Montreal Can and CAPROCK Group 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, Neil Mr Ryding, 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 bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Nisa Investment Advisors LLC, Aperio Group LLC, State of Alaska Department of Revenue, Wealth Alliance Advisory Group LLC, Oakbrook Investments LLC and Welch & Forbes LLC. 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 $106.31.

How big of a company is Haemonetics?

Haemonetics has a market capitalization of $5.50 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.

What is Haemonetics' official website?

The official website for Haemonetics is http://www.haemonetics.com.

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:  232 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  554
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 10/21/2018 by MarketBeat.com Staff

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