Thermo Fisher Scientific Inc. (TMO)

NYSE: TMO · Real-Time Price · USD
513.26
-2.84 (-0.55%)
Nov 22, 2024, 4:00 PM EST - Market closed
-0.55%
Market Cap 196.32B
Revenue (ttm) 42.37B
Net Income (ttm) 6.14B
Shares Out 382.50M
EPS (ttm) 15.95
PE Ratio 32.17
Forward PE 22.48
Dividend $1.56 (0.30%)
Ex-Dividend Date Sep 13, 2024
Volume 1,611,356
Open 514.62
Previous Close 516.10
Day's Range 507.17 - 516.79
52-Week Range 480.57 - 627.88
Beta 0.79
Analysts Strong Buy
Price Target 651.56 (+26.95%)
Earnings Date Oct 23, 2024

About TMO

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company’s Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechno... [Read more]

Sector Healthcare
Founded 1956
Employees 122,000
Stock Exchange NYSE
Ticker Symbol TMO
Full Company Profile

Financial Performance

In 2023, Thermo Fisher's revenue was $42.86 billion, a decrease of -4.58% compared to the previous year's $44.92 billion. Earnings were $6.00 billion, a decrease of -13.74%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for TMO stock is "Strong Buy." The 12-month stock price forecast is $651.56, which is an increase of 26.95% from the latest price.

Price Target
$651.56
(26.95% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Thermo Fisher Scientific Inc. (TMO) Wolfe 2024 Healthcare Conference (Transcript)

Thermo Fisher Scientific Inc. (NYSE:TMO) Wolfe 2024 Healthcare Results Conference November 19, 2024 8:00 AM ET Company Participants Marc Casper - Chairman, President and Chief Executive Officer Confe...

4 days ago - Seeking Alpha

Thermo Fisher Scientific Authorizes $4 Billion of Share Repurchases

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors has authorized the repurchase of $4 billion...

8 days ago - Business Wire

Thermo Fisher Scientific: Near The Bottom And Attractively Valued

Thermo Fisher Scientific has strong growth prospects due to easing COVID-19 headwinds, improving Chinese and biotech markets, and favorable funding environments. The company's margins should benefit f...

10 days ago - Seeking Alpha

Thermo Fisher Scientific to Present at the Wolfe 2024 Healthcare Conference on November 19, 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that Marc N. Casper, chairman, president and chief executive officer, will pr...

12 days ago - Business Wire

Thermo Fisher Scientific Declares Quarterly Dividend

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors authorized a quarterly cash dividend of $0....

16 days ago - Business Wire

Thermo Fisher Scientific Inc. (TMO) Q3 2024 Earnings Call Transcript

Thermo Fisher Scientific Inc. (NYSE:TMO) Q3 2024 Earnings Conference Call October 23, 2024 8:30 AM ET Company Participants Rafael Tejada - Vice President, Investor Relations Marc Casper - Chairman, P...

4 weeks ago - Seeking Alpha

Thermo Fisher Scientific Q3: Expecting Market Recovery In FY25; Upgrade To 'Buy'

I am upgrading Thermo Fisher Scientific Inc. to a “Buy” with a fair value of $610 per share due to anticipated recovery in the pharma and biotech industries. Thermo Fisher's high-impact innovations an...

4 weeks ago - Seeking Alpha

Thermo Fisher raises profit forecast on strong demand for its tools and services

Thermo Fisher Scientific on Wednesday raised the lower end of its annual profit forecast, tweaking it for the third time this year, betting on improved demand for its tools and services used in drug d...

4 weeks ago - Reuters

Thermo Fisher Scientific Reports Third Quarter 2024 Results

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the third quarter ended September 28, 2024. Th...

4 weeks ago - Business Wire

Lab Consumables Business Research Report 2024-2030 with Focus on 350+ Select Players Including Thermo Fisher Scientific, VITLAB, Bellco Glass, Eppendorf and BRAND Scientific Equipment Among Others

Dublin, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The "Lab Consumables - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Lab Consumables is ...

4 weeks ago - GlobeNewsWire

Thermo Fisher Scientific Introduces Fully Integrated Multimodal Analytical Scanning Transmission Electron Microscope to Advance Novel Research in Materials Science

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, introduced a groundbreaking transmission electron microscope to a packed room of attendees at the r...

5 weeks ago - Business Wire

Thermo Fisher Scientific Introduces Ambient Shipping Solution for its Invitrogen™ Antibodies to Help Customers Reduce Packaging Waste and Carbon Emissions

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today introduced more sustainable packaging for 125,000 of its Invitrogen™ antibodies. Transitionin...

6 weeks ago - Business Wire

Thermo Fisher Scientific Showcases Expanded Biopharma Services, Capabilities and Innovations at CPHI Milan 2024

MILAN--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, will showcase its latest innovations enabling the molecule-to-medicine journey and host a series of sessions...

6 weeks ago - Business Wire

Thermo Fisher Scientific: Fantastic Company, Rich Valuation

Thermo Fisher has outperformed the market with a 420%+ return over the past decade, but its current valuation is high. The company's recent results show mixed performance, with slight revenue decline,...

7 weeks ago - Seeking Alpha

Exclusive: Thermo Fisher's plant making infant RSV drug breached FDA rules, documents show

One of the largest contract drug manufacturing plants in the U.S. owned by Thermo Fisher Scientific over the past 10 years has repeatedly breached rules meant to ensure drugs are free of contamination...

7 weeks ago - Reuters

Industry Leader Thermo Fisher's Contract Services Positioned For Growth Amid Popular Demand For GLP-1 Weight Loss Drugs, Analyst Initiates With Long-Term Growth Potential

Stephens initiated coverage on Thermo Fisher Scientific TMO and cited the company as an industry leader in the broader life science tools/services/ diagnostics industry, with fiscal year 2023 sales of...

7 weeks ago - Benzinga

Calls of the Day: General Motors, GE Healthcare, Thermo Fisher, HealthEquity, Carmax and SharkNinja

The Investment Committee debate the latest Calls Of The Day and Jim Lebenthal responds to Sarat Sethi selling out of General Motors

Other symbols: GEHCGMHQYKMXSN
7 weeks ago - CNBC Television

Thermo Fisher Scientific Introduces Mass Spectrometers to Simplify Trace Elemental Analysis and Enhance Productivity

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. today launched the Thermo Scientific™ iCAP™ MX Series ICP-MS to simplify trace element analysis with inductively coupled plasma mass spec...

7 weeks ago - Business Wire

Thermo Fisher Scientific to Hold Earnings Conference Call on Wednesday, October 23, 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced that it will release its financial results for the third quarter 2024 before ...

7 weeks ago - Business Wire

Thermo Fisher Scientific Launches International CorEvitas Clinical Registry in Adolescent Atopic Dermatitis, a Chronic Skin Condition

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today announced the launch of the international CorEvitas Adolescent Atopic Dermatitis (AD) Registr...

7 weeks ago - Business Wire

Thermo Fisher Scientific Expands Oral Solid Dose Development and Manufacturing Capabilities Across North America

CINCINNATI & BEND, Ore.--(BUSINESS WIRE)--To provide flexible and innovative solutions for early development challenges commonly faced by biotech and pharmaceutical companies, Thermo Fisher Scientific...

2 months ago - Business Wire

Thermo Fisher Scientific Hosts 2024 Investor Day

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, hosted its 2024 Investor Day today and provided an in-depth review of the company's pro...

2 months ago - Business Wire

Thermo Fisher Scientific Announces Expansion of Bioanalytical Laboratory Services in Europe

WILMINGTON, N.C.--(BUSINESS WIRE)--The PPD™ clinical research business of Thermo Fisher Scientific announced the expansion of its global laboratory services in Gothenburg, Sweden.

2 months ago - Business Wire

Thermo Fisher Scientific Announces Oncomine Clinical Research Grant Awardees, Including First Recipients in India and the Netherlands

CARLSBAD, Calif.--(BUSINESS WIRE)--At the 36th annual European Congress of Pathology in Florence, Italy, Thermo Fisher Scientific, the world leader serving science, announced the latest recipients of ...

2 months ago - Business Wire

Thermo Fisher Scientific (TMO) presents at Morgan Stanley 22nd Annual Global Healthcare Conference - Conference Call Transcript

Thermo Fisher Scientific (NYSE:TMO) Morgan Stanley 22nd Annual Global Healthcare Conference September 5, 2024 8:30 AM ET Company Participants Marc Casper - Chairman, President and CEO Conference Call...

2 months ago - Seeking Alpha