NYSE:HAE - Haemonetics Stock Price, News & Analysis

$124.64
-0.62 (-0.49 %)
(As of 09/16/2019 10:01 AM ET)
Today's Range
$123.08
Now: $124.64
$124.70
50-Day Range
$118.11
MA: $129.74
$138.52
52-Week Range
$80.24
Now: $124.64
$140.36
Volume677 shs
Average Volume344,216 shs
Market Capitalization$6.33 billion
P/E Ratio52.34
Dividend YieldN/A
Beta0.81
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. Read More…

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryHealth Care Supplies
SectorMedical
CUSIP40502410
Phone781-848-7100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$967.58 million
Cash Flow$4.5857 per share
Book Value$13.09 per share

Profitability

Net Income$55.02 million

Miscellaneous

Employees3,216
Market Cap$6.33 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 stock repurchase plan on Tuesday, February 6th 2018, which allows the company to repurchase $260,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were Haemonetics' earnings last quarter?

Haemonetics Co. (NYSE:HAE) posted its quarterly earnings results on Tuesday, August, 6th. The medical instruments supplier reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.18. The medical instruments supplier earned $238.50 million during the quarter, compared to analysts' expectations of $236.82 million. Haemonetics had a net margin of 5.05% and a return on equity of 21.07%. The business's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. View Haemonetics' Earnings History.

When is Haemonetics' next earnings date?

Haemonetics is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Haemonetics.

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

Haemonetics issued an update on its FY20 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of $2.95-3.15 for the period, compared to the Thomson Reuters consensus estimate of $2.94. The company issued revenue guidance of +3-5% yr/yr to ~$996.6 million to $1.02 billion, compared to the consensus revenue estimate of $1.00 billion.

What price target have analysts set for HAE?

5 brokerages have issued twelve-month price objectives for Haemonetics' stock. Their forecasts range from $139.00 to $150.00. On average, they anticipate Haemonetics' share price to reach $144.40 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Haemonetics.

What is the consensus analysts' recommendation for Haemonetics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Haemonetics in the last year. There are currently 5 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, "Haemonetics registered encouraging growth at the Plasma and Hospitals segments in its third-quarter, fiscal 2019, However, sluggish Blood Center business moderated overall growth in the reporting cycle. Moreover, tough competitive environment also weighed on the stock. On a positive note, Haemonetics promising third-quarter fiscal 2019 result benefitted from complexity reduction and investments, along with strength in market demand and success from early launches, helped the company put up an impressive performance. Continued momentum in business generation and geographical expansion contributed to results. We are upbeat about the company’s steady progress, with the launch of NexSys PCS devices and NexLynk DMS donor management software. Over the past year, Haemonetics has been outperforming its industry." (4/9/2019)
  • 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)

Has Haemonetics been receiving favorable news coverage?

News headlines about HAE stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Haemonetics earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the medical instruments supplier a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Haemonetics.

Are investors shorting Haemonetics?

Haemonetics saw a decrease in short interest in August. As of August 15th, there was short interest totalling 798,900 shares, a decrease of 29.8% from the July 15th total of 1,138,500 shares. Based on an average daily trading volume, of 466,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.6% of the company's stock are short sold. View Haemonetics' Current Options Chain.

Who are some of Haemonetics' key competitors?

What other stocks do shareholders of Haemonetics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Haemonetics investors own include Endologix (ELGX), Align Technology (ALGN), Apache (APA), Chipotle Mexican Grill (CMG), Zoetis (ZTS), Micron Technology (MU), Adobe (ADBE), NVIDIA (NVDA), Aegean Marine Petroleum Network (ANW) and CA (CA).

Who are Haemonetics' key executives?

Haemonetics' management team includes the folowing people:
  • Mr. Christopher Simon, CEO, Pres & Director (Age 55)
  • Mr. William P. Burke, CFO & Exec. VP
  • Ms. Michelle L. Basil, Exec. VP, Gen. Counsel & Sec.
  • Ms. Jacqueline D. Scanlan, Sr. VP of Global HR
  • Mr. Dan Goldstein, Principal Accounting Officer, VP & Corp. Controller (Age 42)

Who are Haemonetics' major shareholders?

Haemonetics' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.82%), BlackRock Inc. (11.82%), Vanguard Group Inc. (11.02%), Renaissance Technologies LLC (4.89%), Wells Fargo & Company MN (2.20%) and Eminence Capital LP (1.73%). Company insiders that own Haemonetics stock include Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Josep Llorens, Mark W Kroll, Michelle L Basil, Neil Mr Ryding, Pedro P Granadillo, Richard J Meelia, Ronald G Gelbman, Said Bolorforosh, 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 Point72 Asset Management L.P., AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Panagora Asset Management Inc., Prudential Financial Inc., Morgan Stanley and Westfield Capital Management Co. LP. Company insiders that have sold Haemonetics company stock in the last year include Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Josep Llorens, Michelle L Basil, Neil Mr Ryding, Pedro P Granadillo, Richard J Meelia, Ronald G Gelbman, Said Bolorforosh 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 Eminence Capital LP, Nuveen Asset Management LLC, Invesco Ltd., Wells Fargo & Company MN, Castleark Management LLC, Renaissance Technologies LLC, Marshall Wace LLP and Tamarack Advisers LP. 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, Robinhood, Fidelity and Charles Schwab.

What is Haemonetics' stock price today?

One share of HAE stock can currently be purchased for approximately $124.43.

How big of a company is Haemonetics?

Haemonetics has a market capitalization of $6.32 billion and generates $967.58 million in revenue each year. The medical instruments supplier earns $55.02 million in net income (profit) each year or $2.39 on an earnings per share basis. Haemonetics employs 3,216 workers across the globe.View Additional Information About Haemonetics.

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:  2.2 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  365 (Vote Underperform)
Total Votes:  642
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 9/16/2019 by MarketBeat.com Staff

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