Revvity, Inc. (RVTY)

NYSE: RVTY · Real-Time Price · USD
118.39
-1.07 (-0.90%)
Jan 17, 2025, 4:00 PM EST - Market closed
-0.90%
Market Cap 14.41B
Revenue (ttm) 2.72B
Net Income (ttm) 254.30M
Shares Out 121.70M
EPS (ttm) 2.06
PE Ratio 56.58
Forward PE 23.82
Dividend $0.28 (0.24%)
Ex-Dividend Date Jan 17, 2025
Volume 659,307
Open 119.32
Previous Close 119.46
Day's Range 118.23 - 120.36
52-Week Range 97.32 - 129.50
Beta 1.03
Analysts Buy
Price Target 132.85 (+12.21%)
Earnings Date Jan 31, 2025

About RVTY

Revvity, Inc. provides health sciences solutions, technologies, and services in the Americas, Europe, and Asia, and internationally. The Life Sciences segment provides instruments, reagents, informatics, software, subscriptions, detection, imaging technologies, warranties, training, and services. Its Diagnostics segment provides instruments, reagents, assay platforms, and software products for the early detection of genetic disorders, such as pregnancy and early childhood, as well as infectious disease testing in the diagnostics market. Its pro... [Read more]

Sector Healthcare
Founded 1937
Employees 11,500
Stock Exchange NYSE
Ticker Symbol RVTY
Full Company Profile

Financial Performance

In 2023, Revvity's revenue was $2.75 billion, a decrease of -16.95% compared to the previous year's $3.31 billion. Earnings were $693.09 million, an increase of 21.77%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for RVTY stock is "Buy." The 12-month stock price forecast is $132.85, which is an increase of 12.21% from the latest price.

Price Target
$132.85
(12.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Revvity and Element Biosciences Collaborate to Advance Sequencing-based IVD Neonatal Testing

WALTHAM, Mass. & SAN DIEGO--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced a strategic agreement to commercialize an in vitro diagnostic (IVD) workflow solution for neonatal sequencing, ...

7 days ago - Business Wire

Revvity to Hold Earnings Call on Friday, January 31, 2025; Provides Update on Financial Performance

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced that it will release its fourth quarter and full year 2024 financial results prior to market open on Friday, January 31, 20...

8 days ago - Business Wire

Revvity Announces FDA Clearance for First Automated Free Testosterone Test

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced that it received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for EUROIMMUN's automated chemiluminesce...

10 days ago - Business Wire

Revvity to Present at J.P. Morgan Healthcare Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY) will present at the 43rd annual J.P. Morgan Healthcare Conference on Monday, January 13, 2025 at 8:15 a.m. PT in San Francisco, CA. Presiden...

4 weeks ago - Business Wire

Safe Biopharma: Revvity's Recurring Revenues And Diagnostics

Revvity, Inc. is a leader in life sciences and diagnostics with diversified revenue streams and a strong balance sheet, making it a low-risk biopharma play. The company's recurring revenue base (80%) ...

5 weeks ago - Seeking Alpha

Despite Higher Valuations, Some Life Sciences Tools Stocks Create Good Opportunities: Analyst

BofA Securities reports that the Life Sciences Tools sector struggled in fiscal year 2024.

Other symbols: DHR
5 weeks ago - Benzinga

Revvity Broadens Relationship with Genomics England to Advance Genomics in the UK

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced an expansion of its work with Genomics England that leverages both organizations' expertise and resources to advance critic...

2 months ago - Business Wire

Scale Biosciences and Revvity's BioLegend Launch First-of-its-Kind Solution for High Parameter Protein Profiling of Single Cells

SAN DIEGO--(BUSINESS WIRE)--Scale Biosciences and Revvity's BioLegend launch first-of-its-kind solution for high parameter protein profiling of single cells.

2 months ago - Business Wire

Revvity to Present at 7th Annual Evercore ISI HealthCONx Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), will present at the 7th Annual Evercore ISI HealthCONx Conference on Tuesday, December 3, 2024, at 8:20 a.m. ET in Coral Gables, FL. Prahla...

2 months ago - Business Wire

Revvity to Host Investor Day and Updates Organizational Structure to Reflect Recent Transformation

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced it will host an Investor Day on Thursday, November 21, 2024 at 9:00 a.m. PT which will feature presentations by members of ...

2 months ago - Business Wire

These Analysts Revise Their Forecasts On Revvity Following Q3 Results

Revvity, Inc. RVTY reported better-than-expected third-quarter earnings on Monday.

2 months ago - Benzinga

Revitty (RVTY) Q3 2024 Earnings Call Transcript

Revitty Incorporated (NYSE:RVTY) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Prahlad Singh - President, Chief Executive Officer Max Krakowiak - Senior Vice Presi...

2 months ago - Seeking Alpha

Revvity cuts 2024 revenue forecast amid biotech spending slowdown

Revvity cut its 2024 revenue forecast as reduced biotech spending and a strong dollar weigh on demand for its tools and services used in drug development.

2 months ago - Reuters

Revvity Announces Financial Results for the Third Quarter of 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today reported financial results for the third quarter ended September 29, 2024. The Company reported GAAP earnings per share of $0.77, as ...

2 months ago - Business Wire

Revvity Board Declares Quarterly Dividend

WALTHAM, Mass.--(BUSINESS WIRE)--The Board of Directors of Revvity, Inc. (NYSE: RVTY), today declared a regular quarterly dividend of $0.07 per share of common stock. This dividend is payable on Febru...

3 months ago - Business Wire

Revvity Introduces Transcribe AI: Revolutionizing Data Entry in Clinical Laboratories

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY) today announced the launch of Revvity Transcribe AI, an innovative optical character recognition (OCR) service designed to convert handwritt...

3 months ago - Business Wire

Revvity Highlights its Strong Progress on Sustainability and Workplace Culture in 2024 Impact Report

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY) today unveils its annual Impact Report, a declaration of the Company's sustainability, social and governance strategy, initiatives and perfo...

3 months ago - Business Wire

Revvity To Hold Earnings Call on Monday, November 4, 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced that it will release its third quarter 2024 financial results prior to market open on Monday, November 4, 2024. The Company...

3 months ago - Business Wire

Revvity's EUROIMMUN Launches Solution for Specific Typing of Alzheimer's Disease Associated APOE Gene

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), announced today the launch of the in-vitro diagnostic EURORealTimeTM APOE assay in European countries that accept the CE mark, which will e...

3 months ago - Business Wire

Revvity to Present at Upcoming Investor Conferences

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced it will present at the following investor conferences in September 2024: 2024 Wells Fargo Healthcare Conference – Boston, M...

5 months ago - Business Wire

Diagnostic Products Demand Boosts Profit and Sales at Revvity

Revvity (RVTY) shares advanced Monday after the medical equipment maker formerly known as PerkinElmer posted better-than-expected results and boosted its profit guidance on higher demand for its diagn...

6 months ago - Investopedia

Revvity, Inc. (RVTY) Q2 2024 Earnings Call Transcript

Revvity, Inc. (NYSE:RVTY) Q2 2024 Earnings Conference Call July 29, 2024 8:00 AM ET Company Participants Steve Willoughby - SVP, IR Prahlad Singh - President & CEO Max Krakowiak - SVP & CFO Conferenc...

6 months ago - Seeking Alpha

Revvity raises 2024 profit forecast on medical equipment demand; shares rise

Medical equipment maker Revvity raised its annual profit forecast on Monday, after beating second-quarter results estimates on better-than-expected demand for its diagnostic products.

6 months ago - Reuters

Revvity Announces Financial Results for the Second Quarter of 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today reported financial results for the second quarter ended June 30, 2024. The Company reported GAAP earnings per share of $0.45, as comp...

6 months ago - Business Wire

Revvity To Hold Earnings Call on Monday, July 29, 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today announced that it will release its second quarter 2024 financial results prior to market open on Monday, July 29, 2024. The Company w...

6 months ago - Business Wire