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NYSE:RVTY

Revvity (RVTY) Stock Price, News & Analysis

$105.55
+0.75 (+0.72%)
(As of 05/13/2024 ET)
Today's Range
$104.94
$106.76
50-Day Range
$99.33
$110.72
52-Week Range
$79.50
$131.96
Volume
550,025 shs
Average Volume
830,395 shs
Market Capitalization
$13.02 billion
P/E Ratio
87.23
Dividend Yield
0.27%
Price Target
$118.17

Revvity MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
12.0% Upside
$118.17 Price Target
Short Interest
Healthy
2.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.50mentions of Revvity in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.37%
From $4.66 to $5.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Medical Sector

213th out of 925 stocks

Analytical Instruments Industry

8th out of 28 stocks

RVTY stock logo

About Revvity Stock (NYSE:RVTY)

Revvity, Inc. provides health sciences solutions, technologies, and services in the Americas, Europe, and Asia, and internationally. The Life Sciences segment provides instruments, reagents, informatics, software, subscriptions, detection, imaging technologies, warranties, training, and services. Its Diagnostics segment provides instruments, reagents, assay platforms, and software products for the early detection of genetic disorders, such as pregnancy and early childhood, as well as infectious disease testing in the diagnostics market. Its products are used for testing and screening genetic abnormalities, disorders, and diseases, including down syndrome, hypothyroidism, muscular dystrophy, infertility, and various metabolic conditions. This segment also develops technologies that enable and support genomic workflows using protein coupled receptor and next-generation DNA sequencing for applications in oncology, immunodiagnostics, and drug discovery. It serves pharmaceutical and biotechnology companies, laboratories, academic and research institutions, public health authorities, private healthcare organizations, doctors, and government agencies under the AutoDELFIA, BACS-on-Beads, BIOCHIPs, Bioo Scientific,BoBs , chemagic, Chitas, DELFIA, DELFIA Xpress, DOPlify, EONIS, EUROArray, EUROIMMUN, EUROLabWorkstation, EUROLINE, EUROPattern, Evolution Evoya, explorer, Fontus, Genoglyphix, GSP, Haoyuan, IDS, IDS-i10 IDS-i10T, IDS-iSYS, iLab, iQ, JANUS, LabChip, LifeCycle, LimsLink, Migele, MultiPROBE, NEXTFLEX, NextPrep, Pannoramic, Panthera Puncher, PG-Seq, PGFind PKamp, PreNAT II, Prime, Protein Clear, ProteinEXact, QSigh, QuantiVac, RONIA, Sciclone, SimplicityChrom, Specimen Gate,Superflex, Symbio, T-SPOT, Touch, Twister, Vanadis, VariSpec, ViaCord VICTOR 2D, and Zephyr brand name. The company was formerly known as PerkinElmer, Inc. and changed its name to Revvity, Inc. in April 2023. Revvity, Inc. was founded in 1937 and is headquartered in Waltham, Massachusetts.

RVTY Stock Price History

RVTY Stock News Headlines

4 Analysts Have This To Say About Revvity
Revvity: Q1 Earnings Snapshot
Revvity, Inc. Q1 Profit Decreases, but beats estimates
Revvity Board Declares Quarterly Dividend
Revvity Inc.
Revvity: Enter Now As Reorganization Takes Shape
RVTY Apr 2024 115.000 call
See More Headlines

Company Calendar

Ex-Dividend for 5/10 Dividend
4/18/2024
Last Earnings
4/29/2024
Dividend Payable
5/10/2024
Today
5/13/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Analytical instruments
Sub-Industry
N/A
Employees
11,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$118.17
High Stock Price Target
$133.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+12.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
13 Analysts

Profitability

Net Income
$693.09 million
Pretax Margin
6.90%

Debt

Sales & Book Value

Annual Sales
$2.75 billion
Cash Flow
$8.31 per share
Book Value
$63.79 per share

Miscellaneous

Free Float
122,653,000
Market Cap
$13.01 billion
Optionable
Optionable
Beta
1.09

Key Executives

  • Dr. Prahlad R. Singh Ph.D. (Age 59)
    CEO, President & Director
    Comp: $1.43M
  • Mr. Maxwell Krakowiak (Age 34)
    Senior VP & CFO
    Comp: $631.11k
  • Mr. Tajinder S. Vohra (Age 58)
    Senior Vice President of Global Operations
    Comp: $574.08k
  • Mr. Joel S. Goldberg (Age 55)
    Senior VP of Administration, General Counsel & Secretary
    Comp: $720.74k
  • Ms. Miriame Victor (Age 42)
    Senior VP & Chief Commercial Officer
    Comp: $555.4k
  • Mr. Andrew Okun (Age 54)
    VP, Chief Accounting Officer & Treasurer
  • Mr. Arvind Sundar-Rajan
    Vice President of Digital & Technology
  • Ms. Madhuri Hegde FACMG
    Ph.D., Senior VP & Chief Scientific Officer
  • Ms. Jayashree Thacker
    Senior VP & Global Chief Information Officer
  • Mr. Stephen Barr Willoughby
    Senior VP of Investor Relations & Head of ESG

RVTY Stock Analysis - Frequently Asked Questions

Should I buy or sell Revvity stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Revvity in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RVTY shares.
View RVTY analyst ratings
or view top-rated stocks.

What is Revvity's stock price target for 2024?

13 brokerages have issued twelve-month price objectives for Revvity's shares. Their RVTY share price targets range from $95.00 to $133.00. On average, they expect the company's stock price to reach $118.17 in the next year. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for RVTY
or view top-rated stocks among Wall Street analysts.

How have RVTY shares performed in 2024?

Revvity's stock was trading at $109.31 at the beginning of the year. Since then, RVTY shares have decreased by 3.4% and is now trading at $105.55.
View the best growth stocks for 2024 here
.

Are investors shorting Revvity?

Revvity saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 2,570,000 shares, a decrease of 28.6% from the April 15th total of 3,600,000 shares. Based on an average daily trading volume, of 819,300 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.1% of the company's stock are short sold.
View Revvity's Short Interest
.

When is Revvity's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our RVTY earnings forecast
.

How were Revvity's earnings last quarter?

Revvity, Inc. (NYSE:RVTY) announced its quarterly earnings data on Monday, April, 29th. The company reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.04. The business earned $649.90 million during the quarter, compared to the consensus estimate of $646.83 million. Revvity had a trailing twelve-month return on equity of 7.37% and a net margin of 5.49%. Revvity's revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.01 EPS.

How often does Revvity pay dividends? What is the dividend yield for Revvity?

Revvity declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Friday, July 19th will be paid a dividend of $0.07 per share on Friday, August 9th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Friday, July 19th.
Read our dividend analysis for RVTY
.

Is Revvity a good dividend stock?

Revvity (NYSE:RVTY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.27%. The dividend payout ratio is 23.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RVTY will have a dividend payout ratio of 5.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RVTY.

How will Revvity's stock buyback program work?

Revvity declared that its Board of Directors has authorized a share buyback program on Thursday, May 11th 2023, which authorizes the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

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

Revvity issued an update on its FY24 earnings guidance on Monday, April, 29th. The company provided earnings per share (EPS) guidance of 4.55-4.75 for the period, compared to the consensus earnings per share estimate of $4.65. The company issued revenue guidance of $2.76-2.82 billion, compared to the consensus revenue estimate of $2.81 billion.

Who are Revvity's major shareholders?

Revvity's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.41%), Mitsubishi UFJ Asset Management Co. Ltd. (1.72%), Swiss National Bank (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Coronation Fund Managers Ltd. (0.21%) and BNP Paribas Financial Markets (0.15%).
View institutional ownership trends
.

How do I buy shares of Revvity?

Shares of RVTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RVTY) was last updated on 5/13/2024 by MarketBeat.com Staff

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