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The price of Thermo Fisher Scientific Inc. (NYSE: TMO) closed at $536.29 in the last session, down -0.71% from day before closing price of $540.10. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 1.14 million shares were traded. TMO stock price reached its highest trading level at $543.02 during the session, while it also had its lowest trading level at $535.43.
Ratios:
We take a closer look at TMO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.68.
Barclays Downgraded its Overweight to Equal Weight on January 24, 2024, whereas the target price for the stock was revised from $475 to $555.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 04 ’24 when CASPER MARC N sold 10,000 shares for $570.16 per share. The transaction valued at 5,701,590 led to the insider holds 123,816 shares of the business.
CASPER MARC N sold 10,000 shares of TMO for $5,672,768 on Jun 03 ’24. The Chairman & CEO now owns 123,816 shares after completing the transaction at $567.28 per share. On May 14 ’24, another insider, Lagarde Michel, who serves as the Executive Vice President & COO of the company, sold 20,000 shares for $590.05 each. As a result, the insider received 11,801,000 and left with 18,134 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, TMO now has a Market Capitalization of 204710461440 and an Enterprise Value of 233231646720. As of this moment, Thermo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.41, and their Forward P/E ratio for the next fiscal year is 22.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.82 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 5.489 whereas that against EBITDA is 21.64.
Stock Price History:
Over the past 52 weeks, TMO has reached a high of $603.82, while it has fallen to a 52-week low of $415.60. The 50-Day Moving Average of the stock is -6.30%, while the 200-Day Moving Average is calculated to be -0.22%.
Shares Statistics:
According to the various share statistics, TMO traded on average about 1.50M shares per day over the past 3-months and 1830800 shares per day over the past 10 days. A total of 386.65M shares are outstanding, with a floating share count of 380.99M. Insiders hold about 0.19% of the company’s shares, while institutions hold 90.16% stake in the company. Shares short for TMO as of 1718323200 were 3191930 with a Short Ratio of 2.13, compared to 1715731200 on 2800765. Therefore, it implies a Short% of Shares Outstanding of 3191930 and a Short% of Float of 0.84.
Dividends & Splits
The forward annual dividend rate for TMO is 1.48, which was 1.44 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0026661733The stock’s 5-year Average Dividend Yield is 0.22.
