Haemonetics Stock Price, News & Analysis (NYSE:HAE)

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

Haemonetics declared that its board has initiated a stock buyback program on Tuesday, February 6th 2018, which permits the company to buyback $260,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

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

Haemonetics is scheduled to release their next quarterly earnings announcement on Friday, November 1st 2019. View Earnings Estimates for Haemonetics.

Haemonetics will be holding an earnings conference call on Friday, November 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Haemonetics updated its FY20 earnings guidance on Tuesday, August, 6th. The company provided earnings per share 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.

5 analysts have issued 1 year price targets for Haemonetics' stock. Their forecasts range from $139.00 to $150.00. On average, they expect Haemonetics' stock price to reach $144.40 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets 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.

Media stories about HAE stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie 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 -5 to 5, with scores closest to five being the most favorable. Haemonetics earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news stories about the medical instruments supplier a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Haemonetics.

Haemonetics saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 826,400 shares, a decline of 13.5% from the August 30th total of 955,900 shares. Based on an average trading volume of 353,700 shares, the short-interest ratio is presently 2.3 days. Currently, 1.6% of the shares of the company are sold short. View Haemonetics' Current Options Chain.

Some companies that are related to Haemonetics include FRESENIUS SE &/S (FSNUY), ResMed (RMD), Teleflex (TFX), DexCom (DXCM), Insulet (PODD), Novocure (NVCR), ABIOMED (ABMD), Hill-Rom (HRC), Integra Lifesciences (IART), Penumbra (PEN), Globus Medical (GMED), NuVasive (NUVA), Tandem Diabetes Care (TNDM), ICU Medical (ICUI) and Cantel Medical (CMD).

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).

Haemonetics' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%) and Baldwin Brothers Inc. MA (0.00%). 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.

HAE stock was sold by a variety of institutional investors in the last quarter, including Baldwin Brothers Inc. MA, Pacer Advisors Inc. and Crossmark Global Holdings Inc.. 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.

HAE stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for 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.

One share of HAE stock can currently be purchased for approximately $128.53.

Haemonetics has a market capitalization of $6.53 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.

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

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]