Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Bio-Techne Corp (NASDAQ: TECH) closed the day trading at $60.34 down -0.90% from the previous closing price of $60.89. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 0.99 million shares were traded. TECH stock price reached its highest trading level at $61.33 during the session, while it also had its lowest trading level at $59.66.
Ratios:
For a better understanding of TECH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.51. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on March 18, 2025, initiated with a Outperform rating and assigned the stock a target price of $75.
On February 19, 2025, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $88 to $68.
Citigroup Downgraded its Buy to Neutral on May 22, 2024, while the target price for the stock was maintained at $85.
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 9539030016 and an Enterprise Value of 9756589056. As of this moment, Bio-Techne’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.33, and their Forward P/E ratio for the next fiscal year is 27.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.98 while its Price-to-Book (P/B) ratio in mrq is 4.58. Its current Enterprise Value per Revenue stands at 8.158 whereas that against EBITDA is 31.52.
Stock Price History:
The Beta on a monthly basis for TECH is 1.45, which has changed by -0.15608394 over the last 52 weeks, in comparison to a change of 0.08190584 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 $56.60. The 50-Day Moving Average of the stock is -11.99%, while the 200-Day Moving Average is calculated to be -17.30%.
Shares Statistics:
Over the past 3-months, TECH traded about 1.48M shares per day on average, while over the past 10 days, TECH traded about 2123930 shares per day. 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 100.12% stake in the company. Shares short for TECH as of 1740700800 were 5269076 with a Short Ratio of 3.57, compared to 1738281600 on 3948474. Therefore, it implies a Short% of Shares Outstanding of 5269076 and a Short% of Float of 3.82.
Dividends & Splits
TECH’s forward annual dividend rate is 0.32, up from 0.32 a year ago. Against a Trailing Annual Dividend Yield of 0.0052553783The stock’s 5-year Average Dividend Yield is 0.41. 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.
