Thermo Fisher Scientific Inc. (TMO)
Market Cap | 231.76B |
Revenue (ttm) | 42.49B |
Net Income (ttm) | 6.03B |
Shares Out | 381.72M |
EPS (ttm) | 15.59 |
PE Ratio | 38.94 |
Forward PE | 26.99 |
Dividend | $1.56 (0.26%) |
Ex-Dividend Date | Sep 13, 2024 |
Volume | 2,346,856 |
Open | 600.85 |
Previous Close | 594.50 |
Day's Range | 599.30 - 614.65 |
52-Week Range | 415.60 - 614.64 |
Beta | 0.77 |
Analysts | Buy |
Price Target | 615.24 (+1.33%) |
Earnings Date | Jul 24, 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]
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 StatementsAnalyst Forecast
According to 20 analysts, the average rating for TMO stock is "Buy." The 12-month stock price forecast is $615.24, which is an increase of 1.33% from the latest price.
News
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Thermo Fisher Scientific Showcases Diagnostics Innovation Across Therapeutic Areas at ADLM 2024
CHICAGO--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. will showcase its broad diagnostics portfolio and host a series of customer-led workshops and presentations that highlight industry developments...
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Thermo Fisher Q2 Earnings Beat Estimates, Guidance Lifted
Thermo Fisher Scientific (TMO) reported better second-quarter earnings than analysts had expected Wednesday, and also raised its projections for the full fiscal year.
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Thermo Fisher lifts profit forecast as biotech demand shows signs of improvement
Thermo Fisher on Wednesday raised its annual profit outlook and posted a better-than-expected second-quarter profit, banking on improved demand for its tools and services used in clinical trials.
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Thermo Fisher Scientific Reports Second 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 second quarter ended June 29, 2024. Second...
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$7.1 Billion Medical Refrigerators Market and Industry Insights, 2024-2030, Featuring Strategic Analysis of 42 Major Players, Including Godrej, Haier Biomedical, Thermo Fisher Scientific
Dublin, July 18, 2024 (GLOBE NEWSWIRE) -- The "Medical Refrigerators - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Medical Refri...
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Stock Of The Day: How To Predict Thermo Fisher Scientific Trend Reversals
Stocks tend to sell off after they reach resistance. They also tend to rally off of support.
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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....
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Thermo Fisher Scientific to Help Advance Myeloid Cancer Clinical Research and Treatment Utilizing Next Generation Sequencing Technology
WALTHAM, Mass.--(BUSINESS WIRE)--To help accelerate research into new treatments for Acute Myeloid Leukemia (AML) and Myelodysplastic Syndrome (MDS), Thermo Fisher Scientific Inc. (NYSE: TMO), the wor...
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Thermo Fisher Scientific Completes Acquisition of Olink, Announces Commencement of Subsequent Offering Period
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”), the world leader in serving science, today announced that it has completed its acquisition of Olink Holdin...
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Thermo Fisher Scientific Opens Its First Electron Microscopy Demo Center in Taiwan
HILLSBORO, Ore.--(BUSINESS WIRE)--To support next-generation semiconductor and materials innovation, Thermo Fisher Scientific today announced the opening of its first electron microscopy demo center i...
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UK's competition regulator clears $3.1 bln Thermo Fisher Scientific-Olink deal
UK's competition regulator said on Monday it has cleared U.S. medical equipment maker Thermo Fisher Scientific's $3.1 billion deal to buy Swedish biotech firm Olink Holding AB.
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Thermo Fisher Scientific to Hold Earnings Conference Call on Wednesday, July 24, 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 second quarter 2024 before...
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Thermo Fisher Scientific Introduces Biobased Solutions to Help Reduce Climate Impact in Manufacturing of Therapies
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, is contributing to the sustainability of biologics therapy manufacturing by leveraging plant-based ...
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Thermo Fisher Scientific Expands Clinical Research Laboratory in Kentucky
WILMINGTON, N.C.--(BUSINESS WIRE)--The PPD clinical research business announced the expansion of its central laboratory operations in Kentucky.
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Thermo Fisher Scientific Introduces the Only Fully Automated Plasmid Purification System to Help Accelerate Discovery and Development of Therapies
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today introduced the Thermo Scientific™ KingFisher™ PlasmidPro Maxi Processor* (PlasmidPro), the on...
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Tecan appoints Mukta Acharya Head of the Life Sciences Business division
Tecan appoints Mukta Acharya Head of the Life Sciences Business division Männedorf, Switzerland, June 24, 2024 – The Tecan Group (SIX Swiss Exchange: TECN) announced today that Mukta Acharya, currentl...
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Thermo Fisher Scientific Extends the Expiration of Tender Offer for All Outstanding Common Shares and ADSs of Olink
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”), the world leader in serving science, announced that its wholly owned subsidiary, Orion Acquisition AB (the...
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Thermo Fisher Scientific Expands Clinical Research Laboratory in Wisconsin
WILMINGTON, N.C.--(BUSINESS WIRE)--The PPD clinical research business of Thermo Fisher Scientific unveiled a new clinical research laboratory building in Middleton, Wisconsin.
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Nalgene Outdoor Celebrates 75 Years with Two Exclusive Designs
ROCHESTER, N.Y.--(BUSINESS WIRE)--Get ready to raise your bottles high as Nalgene Outdoor, the “OG'' of reusable water bottles since ‘49, hits the big 7-5! Marking this milestone, Nalgene Outdoor is d...
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Thermo Fisher Scientific Showcases Clinical Research Innovation at DIA Annual Meeting
SAN DIEGO--(BUSINESS WIRE)--The PPD clinical research business of Thermo Fisher Scientific is embracing DIA's theme of “Charting New Horizons” for its 60th annual meeting.
A.I. Impact On Biopharma: LLY, AMGN, TMO, CRL
The use of artificial intelligence across biopharma and life science tools and services is developing quickly. Will A.I. become a major disruptive technology in healthcare with the potential to signif...
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New Thermo Scientific Heracell Incubators Support the Future of Fully Automated Labs
WALTHAM, Mass.--(BUSINESS WIRE)--To support the future implementation of workflow automation in cell therapy production, Thermo Fisher Scientific introduces the Thermo Scientific™ Heracell™ VIOS™ 250i...
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Thermo Fisher Scientific (TMO): 2024 Product Pipeline Analysis, Ongoing Clinical Trials Insights, and Developments, Including New CXCL10 Testing Service
Dublin, June 10, 2024 (GLOBE NEWSWIRE) -- The "Thermo Fisher Scientific Inc (TMO) - Product Pipeline Analysis, 2024 Update" company profile has been added to ResearchAndMarkets.com's offering. This re...
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Nalgene Outdoor Named EF Go Ahead Tours' Official Water Bottle for Sustainable Travel
ROCHESTER, N.Y.--(BUSINESS WIRE)--In advance of the busy summer travel season when an estimated 82% of Americans are planning to travel, EF Go Ahead Tours, a leading provider of guided group tours, pr...
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Thermo Fisher Scientific Unveils New Solutions Supporting Research Workflows at ASMS 2024
ANAHEIM, Calif.--(BUSINESS WIRE)--To help accelerate the promise of precision medicine, Thermo Fisher Scientific today unveiled its new solutions accelerating research workflows at the annual American...