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NYSE:TMO

Thermo Fisher Scientific Stock Forecast, Price & News

$473.12
+1.24 (+0.26 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$465.50
Now: $473.12
$475.47
50-Day Range
$418.14
MA: $449.03
$489.30
52-Week Range
$250.21
Now: $473.12
$490.71
Volume1.25 million shs
Average Volume1.64 million shs
Market Capitalization$187.16 billion
P/E Ratio51.20
Dividend Yield0.19%
Beta0.98
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 new 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. to expand structure-based drug discovery to novel targets using Cryo-EM; and an agreement with Daiichi Sankyo to co-develop a companion diagnostic. The company was incorporated in 1956 and is headquartered in Waltham, Massachusetts.
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Thermo Fisher Scientific logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.87 out of 5 stars

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$25.54 billion
Cash Flow$18.55 per share
Book Value$74.00 per share

Profitability

Net Income$3.70 billion

Miscellaneous

Market Cap$187.16 billion
Next Earnings Date2/4/2021 (Estimated)
OptionableOptionable
$473.12
+1.24 (+0.26 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Thermo Fisher Scientific (NYSE:TMO) Frequently Asked Questions

How has Thermo Fisher Scientific's stock been impacted by Coronavirus?

Thermo Fisher Scientific's stock was trading at $289.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TMO shares have increased by 63.5% and is now trading at $473.12.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Thermo Fisher Scientific?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thermo Fisher Scientific in the last year. There are currently 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Thermo Fisher Scientific
.

When is Thermo Fisher Scientific's next earnings date?

Thermo Fisher Scientific is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 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 Wednesday, October, 21st. The medical research company reported $5.63 EPS for the quarter, beating the Zacks' consensus estimate of $4.37 by $1.26. The medical research company earned $8.25 billion during the quarter, compared to analyst estimates of $7.68 billion. Thermo Fisher Scientific had a return on equity of 18.18% and a net margin of 14.12%. Thermo Fisher Scientific's revenue was up 31.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.94 earnings per share.
View Thermo Fisher Scientific's earnings history
.

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 Thursday, July 9th. Investors of record on Tuesday, September 15th will be paid a dividend of $0.22 per share on Thursday, October 15th. This represents a $0.88 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend is Monday, September 14th.
View Thermo Fisher Scientific's dividend history
.

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

Thermo Fisher Scientific declared that its Board of Directors has initiated a share buyback plan on Friday, November 8th 2019, which allows the company to repurchase $2,500,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

What price target have analysts set for TMO?

17 analysts have issued twelve-month price objectives for Thermo Fisher Scientific's stock. Their forecasts range from $340.00 to $540.00. On average, they expect Thermo Fisher Scientific's share price to reach $476.53 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price.
View analysts' price targets for Thermo Fisher Scientific
.

Are investors shorting Thermo Fisher Scientific?

Thermo Fisher Scientific saw a decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,370,000 shares, a decline of 23.1% from the September 15th total of 3,080,000 shares. Based on an average trading volume of 1,260,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.6% of the shares of the company are short sold.
View Thermo Fisher Scientific's Short Interest
.

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), 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).

Who are Thermo Fisher Scientific's key executives?

Thermo Fisher Scientific's management team includes the following people:
  • Mr. Marc N. Casper, CEO, Pres & Chairman (Age 52, Pay $6.27M)
  • Mr. Stephen Williamson, Sr. VP & CFO (Age 53, Pay $1.74M)
  • Mr. Mark P. Stevenson, Exec. VP & COO (Age 57, Pay $2.78M)
  • Mr. Syed A. Jafry, Sr. VP & Pres of Regions (Age 56, Pay $1.26M)
  • Mr. Michel Lagarde, Exec. VP (Age 45, Pay $2.28M)

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 a variety of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (0.24%), Keybank National Association OH (0.14%), Envestnet Asset Management Inc. (0.12%), Railway Pension Investments Ltd (0.11%), Bristol John W & Co. Inc. NY (0.10%) and PGGM Investments (0.10%). Company insiders that own Thermo Fisher Scientific stock include C Martin Harris, Gregory J Herrema, Jim P Manzi, Marc N Casper, Mark Stevenson, Peter E Hornstra, Stephen Williamson, Syed A Jafry and Tyler Jacks.
View institutional ownership trends for Thermo Fisher Scientific
.

Which institutional investors are selling Thermo Fisher Scientific stock?

TMO stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Alta Capital Management LLC, Retirement Systems of Alabama, Assenagon Asset Management S.A., Robecosam AG, Copper Rock Capital Partners LLC, Toronto Dominion Bank, and Ziegler Capital Management LLC. 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
.

Which institutional investors are buying Thermo Fisher Scientific stock?

TMO stock was acquired by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Bradley Foster & Sargent Inc. CT, Gateway Investment Advisers LLC, DekaBank Deutsche Girozentrale, Robeco Institutional Asset Management B.V., James Hambro & Partners, Candriam Luxembourg S.C.A., and Railway Pension Investments Ltd.
View insider buying and selling activity for Thermo Fisher Scientific
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Thermo Fisher Scientific's stock price today?

One share of TMO stock can currently be purchased for approximately $473.12.

How big of a company is Thermo Fisher Scientific?

Thermo Fisher Scientific has a market capitalization of $187.16 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. 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.

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 10/31/2020 by MarketBeat.com Staff

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