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After finishing at $600.52 in the prior trading day, Thermo Fisher Scientific Inc. (NYSE: TMO) closed at $591.55, down -1.49%. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.37 million shares were traded. TMO stock price reached its highest trading level at $596.7975 during the session, while it also had its lowest trading level at $587.27.
Ratios:
Our goal is to gain a better understanding of TMO 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 25.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.64.
On October 01, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $680.
On August 28, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $670.Wells Fargo initiated its Overweight rating on August 28, 2024, with a $670 target price.
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 Sep 03 ’24 when CASPER MARC N sold 10,000 shares for $608.74 per share. The transaction valued at 6,087,445 led to the insider holds 121,192 shares of the business.
CASPER MARC N sold 10,000 shares of TMO for $6,081,529 on Sep 04 ’24. The Chairman & CEO now owns 121,192 shares after completing the transaction at $608.15 per share. On Sep 04 ’24, another insider, CASPER MARC N, who serves as the Officer of the company, bought 10,000 shares for $605.66 each.
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 225969733632 and an Enterprise Value of 252603891712. As of this moment, Thermo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.69, and their Forward P/E ratio for the next fiscal year is 24.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 4.76. Its current Enterprise Value per Revenue stands at 5.965 whereas that against EBITDA is 23.465.
Stock Price History:
Over the past 52 weeks, TMO has reached a high of $627.88, while it has fallen to a 52-week low of $415.60. The 50-Day Moving Average of the stock is -2.60%, while the 200-Day Moving Average is calculated to be 2.51%.
Shares Statistics:
The stock has traded on average 1.33M shares per day over the past 3-months and 1139160 shares per day over the last 10 days, according to various share statistics. A total of 386.65M shares are outstanding, with a floating share count of 381.39M. Insiders hold about 0.16% of the company’s shares, while institutions hold 90.78% stake in the company. Shares short for TMO as of 1727654400 were 3448257 with a Short Ratio of 2.60, compared to 1724976000 on 3544030. Therefore, it implies a Short% of Shares Outstanding of 3448257 and a Short% of Float of 0.8999999999999999.
Dividends & Splits
In the trailing 12 months, TMO’s forward annual dividend rate was 1.48, compared to 1.52 this year. Against a Trailing Annual Dividend Yield of 0.0024645308The stock’s 5-year Average Dividend Yield is 0.22.
