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After finishing at $50.35 in the prior trading day, Bio-Techne Corp (NASDAQ: TECH) closed at $49.63, down -1.43%. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 1.61 million shares were traded. TECH stock price reached its highest trading level at $50.83 during the session, while it also had its lowest trading level at $48.24.
Ratios:
Our goal is to gain a better understanding of TECH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.85. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.94. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.18.
On March 18, 2025, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $75.
Robert W. Baird Downgraded its Outperform to Neutral on February 19, 2025, whereas the target price for the stock was revised from $88 to $68.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 14 ’25 when Herr Amy E. sold 1,860 shares for $65.96 per share. The transaction valued at 122,691 led to the insider holds 1,976 shares of the business.
JOSHUA MOLHO bought 1,860 shares of TECH for $122,691 on Feb 14 ’25. On Jan 27 ’25, another insider, Kelderman Kim, who serves as the Chief Executive Officer of the company, sold 13,392 shares for $77.29 each. As a result, the insider received 1,035,013 and left with 39,004 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TECH now has a Market Capitalization of 7845907456 and an Enterprise Value of 8063469568. As of this moment, Bio-Techne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.44, and their Forward P/E ratio for the next fiscal year is 22.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.56 while its Price-to-Book (P/B) ratio in mrq is 3.77. Its current Enterprise Value per Revenue stands at 6.742 whereas that against EBITDA is 26.05.
Stock Price History:
The Beta on a monthly basis for TECH is 1.46, which has changed by -0.35787296 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, TECH has reached a high of $85.57, while it has fallen to a 52-week low of $46.01. The 50-Day Moving Average of the stock is -13.08%, while the 200-Day Moving Average is calculated to be -28.95%.
Shares Statistics:
The stock has traded on average 2.01M shares per day over the past 3-months and 1908780 shares per day over the last 10 days, according to various share statistics. A total of 157.92M shares are outstanding, with a floating share count of 156.31M. Insiders hold about 1.12% of the company’s shares, while institutions hold 100.20% stake in the company. Shares short for TECH as of 1744675200 were 6457278 with a Short Ratio of 3.22, compared to 1741910400 on 6265697. Therefore, it implies a Short% of Shares Outstanding of 6457278 and a Short% of Float of 4.6899999999999995.
Dividends & Splits
In the trailing 12 months, TECH’s forward annual dividend rate was 0.32, compared to 0.32 this year. Against a Trailing Annual Dividend Yield of 0.0063555115The stock’s 5-year Average Dividend Yield is 0.4. The current Payout Ratio is 30.61% for TECH, which recently paid a dividend on 2025-02-14 with an ex-dividend date of 1739491200. Stock splits for the company last occurred on 2022-11-30 when the company split stock in a 4:1 ratio.
