S&P 500   3,870.29
DOW   31,391.52
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NYSE:TMO

Thermo Fisher Scientific Stock Forecast, Price & News

$462.11
+2.55 (+0.55 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$458.08
Now: $462.11
$467.31
50-Day Range
$450.08
MA: $493.95
$518.83
52-Week Range
$250.21
Now: $462.11
$532.57
Volume1.72 million shs
Average Volume1.80 million shs
Market Capitalization$183.15 billion
P/E Ratio37.88
Dividend Yield0.19%
Beta0.85
Thermo Fisher Scientific Inc. provides analytical and other instruments, laboratory equipment, software, consumables, reagents, instrument systems, chemicals, supplies, and services worldwide. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery and production of drugs and vaccines, and diagnosis of diseases to pharmaceutical, biotechnology, agricultural, clinical, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and research and industrial markets, as well as clinical laboratories. The company's Specialty Diagnostics segment offers liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls, and calibration verification fluids; blood-test systems and antibody tests; dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables; cancer diagnosis and medical research products; human leukocyte antigen typing and testing for organ transplant market; and healthcare products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, and ultralow-temperature freezers and cryopreservation storage tanks; temperature control, sample preparation and preservation, centrifugation, and biological safety cabinet products; water analysis instruments; laboratory plastics and chemicals; and pharma services. It has collaboration with WuXi Diagnostics and Mayo Clinic to develop antibodies tests; a strategic collaboration with Schrödinger, Inc.; an agreement with Daiichi Sankyo; collaboration with Northeastern University; and partnership with Boys & Girls Clubs of America. The company was incorporated in 1956 and is headquartered in Waltham, Massachusetts.
Thermo Fisher Scientific logo

Industry, Sector and Symbol

Industry Measuring & controlling devices, not elsewhere classified
Sub-IndustryLife Sciences Tools & Services
SectorMedical
CUSIP88355610
Phone781-622-1000
Employees75,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$25.54 billion
Cash Flow$16.66 per share
Book Value$74.00 per share

Profitability

Net Income$3.70 billion

Miscellaneous

Market Cap$183.15 billion
Next Earnings Date4/28/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.32 out of 5 stars

Medical Sector

24th out of 1,968 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

2nd out of 19 stocks

Analyst Opinion: 3.4Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$462.11
+2.55 (+0.55 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Thermo Fisher Scientific (NYSE:TMO) Frequently Asked Questions

Is Thermo Fisher Scientific a buy right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermo Fisher Scientific in the last twelve months. There are currently 4 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Thermo Fisher Scientific stock.
View analyst ratings for Thermo Fisher Scientific
or view top-rated stocks.

What stocks does MarketBeat like better than Thermo Fisher Scientific?

Wall Street analysts have given Thermo Fisher Scientific a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Thermo Fisher Scientific wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Thermo Fisher Scientific's next earnings date?

Thermo Fisher Scientific is scheduled to release its next quarterly earnings announcement on Wednesday, April 28th 2021.
View our earnings forecast for Thermo Fisher Scientific
.

How were Thermo Fisher Scientific's earnings last quarter?

Thermo Fisher Scientific Inc. (NYSE:TMO) issued its earnings results on Sunday, January, 31st. The medical research company reported $7.09 EPS for the quarter, topping the Zacks' consensus estimate of $6.56 by $0.53. The medical research company earned $10.55 billion during the quarter, compared to the consensus estimate of $9.53 billion. Thermo Fisher Scientific had a net margin of 17.12% and a trailing twelve-month return on equity of 21.35%. The firm's revenue for the quarter was up 54.5% on a year-over-year basis. During the same quarter last year, the firm earned $3.55 earnings per share.
View Thermo Fisher Scientific's earnings history
.

How has Thermo Fisher Scientific's stock price been impacted by COVID-19 (Coronavirus)?

Thermo Fisher Scientific's stock was trading at $289.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TMO stock has increased by 59.7% and is now trading at $462.11.
View which stocks have been most impacted by COVID-19
.

How often does Thermo Fisher Scientific pay dividends? What is the dividend yield for Thermo Fisher Scientific?

Thermo Fisher Scientific announced a quarterly dividend on Tuesday, February 23rd. Shareholders of record on Tuesday, March 16th will be paid a dividend of $0.26 per share on Friday, April 16th. This represents a $1.04 annualized dividend and a yield of 0.23%. The ex-dividend date is Monday, March 15th. This is a positive change from Thermo Fisher Scientific's previous quarterly dividend of $0.22.
View Thermo Fisher Scientific's dividend history
.

Is Thermo Fisher Scientific a good dividend stock?

Thermo Fisher Scientific pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.19%. Thermo Fisher Scientific has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Thermo Fisher Scientific is 7.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Thermo Fisher Scientific will have a dividend payout ratio of 4.41% next year. This indicates that Thermo Fisher Scientific will be able to sustain or increase its dividend.
View Thermo Fisher Scientific's dividend history.

How will Thermo Fisher Scientific's stock buyback program work?

Thermo Fisher Scientific declared that its board has approved a share repurchase program on Thursday, November 5th 2020, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 1.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.

What guidance has Thermo Fisher Scientific issued on next quarter's earnings?

Thermo Fisher Scientific issued an update on its fourth quarter 2020 Pre-Market earnings guidance on Monday, January, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $10.244-10.244 billion, compared to the consensus revenue estimate of $9.4 billion.

What price target have analysts set for TMO?

20 equities research analysts have issued 12 month price objectives for Thermo Fisher Scientific's shares. Their forecasts range from $340.00 to $600.00. On average, they expect Thermo Fisher Scientific's stock price to reach $529.67 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts' price targets for Thermo Fisher Scientific
or view top-rated stocks among Wall Street analysts.

Who are Thermo Fisher Scientific's key executives?

Thermo Fisher Scientific's management team includes the following people:
  • Mr. Marc N. Casper, Chairman, Pres & CEO (Age 53, Pay $6.27M)
  • Mr. Stephen Williamson, Sr. VP & CFO (Age 54, Pay $1.74M)
  • Mr. Mark P. Stevenson, Exec. VP & COO (Age 58, Pay $2.78M)
  • Mr. Gregory J. Herrema, Sr. VP & Retiring Pres of Customer Channels (Age 55, Pay $1.4M)
  • Mr. Syed A. Jafry, Sr. VP & Pres of Regions (Age 57, Pay $1.26M)
  • Mr. Michel Lagarde, Exec. VP (Age 46, Pay $2.28M)
  • Mr. Peter E. Hornstra, VP & Chief Accounting Officer (Age 61)
  • Mr. Ryan J. Snyder, Sr. VP & Chief Information Officer
  • Mr. Kenneth J. Apicerno, VP of Investor Relations
  • Mr. Michael A. Boxer Esq., Sr. VP & Gen. Counsel (Age 59)

What is Marc N. Casper's approval rating as Thermo Fisher Scientific's CEO?

1,642 employees have rated Thermo Fisher Scientific CEO Marc N. Casper on Glassdoor.com. Marc N. Casper has an approval rating of 87% among Thermo Fisher Scientific's employees.

Who are some of Thermo Fisher Scientific's key competitors?

What other stocks do shareholders of Thermo Fisher Scientific own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Thermo Fisher Scientific investors own include Johnson & Johnson (JNJ), The Home Depot (HD), NVIDIA (NVDA), Cisco Systems (CSCO), Alibaba Group (BABA), Honeywell International (HON), The Walt Disney (DIS), CVS Health (CVS), Visa (V) and The Procter & Gamble (PG).

What is Thermo Fisher Scientific's stock symbol?

Thermo Fisher Scientific trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMO."

Who are Thermo Fisher Scientific's major shareholders?

Thermo Fisher Scientific's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.44%), FMR LLC (3.29%), Price T Rowe Associates Inc. MD (3.17%), Morgan Stanley (1.95%), Norges Bank (1.27%) and Primecap Management Co. CA (1.12%). Company insiders that own Thermo Fisher Scientific stock include C Martin Harris, Jim P Manzi, Marc N Casper, Mark Stevenson, Peter E Hornstra, Stephen Williamson and Syed A Jafry.
View institutional ownership trends for Thermo Fisher Scientific
.

Which major investors are selling Thermo Fisher Scientific stock?

TMO stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Viking Global Investors LP, Winslow Capital Management LLC, UBS Asset Management Americas Inc., Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., Dimensional Fund Advisors LP, and Primecap Management Co. CA. Company insiders that have sold Thermo Fisher Scientific company stock in the last year include Jim P Manzi, Marc N Casper, Mark Stevenson, Peter E Hornstra, Stephen Williamson, and Syed A Jafry.
View insider buying and selling activity for Thermo Fisher Scientific
or view top insider-selling stocks.

Which major investors are buying Thermo Fisher Scientific stock?

TMO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, BlackRock Inc., Bank Julius Baer & Co. Ltd Zurich, Veritas Investment Partners UK Ltd., Morgan Stanley, Swedbank, and Robeco Institutional Asset Management B.V..
View insider buying and selling activity for Thermo Fisher Scientific
or or view top insider-buying stocks.

How do I buy shares of Thermo Fisher Scientific?

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

What is Thermo Fisher Scientific's stock price today?

One share of TMO stock can currently be purchased for approximately $462.11.

How much money does Thermo Fisher Scientific make?

Thermo Fisher Scientific has a market capitalization of $183.15 billion and generates $25.54 billion in revenue each year. The medical research company earns $3.70 billion in net income (profit) each year or $12.35 on an earnings per share basis.

How many employees does Thermo Fisher Scientific have?

Thermo Fisher Scientific employs 75,000 workers across the globe.

What is Thermo Fisher Scientific's official website?

The official website for Thermo Fisher Scientific is www.thermofisher.com.

Where are Thermo Fisher Scientific's headquarters?

Thermo Fisher Scientific is headquartered at 168 Third Avenue, Waltham MA, 02451.

How can I contact Thermo Fisher Scientific?

Thermo Fisher Scientific's mailing address is 168 Third Avenue, Waltham MA, 02451. The medical research company can be reached via phone at 781-622-1000 or via email at [email protected]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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