Thermo Fisher Scientific Inc. (TMO)
| Market Cap | 203.81B |
| Revenue (ttm) | 42.49B |
| Net Income (ttm) | 6.03B |
| Shares Out | 381.72M |
| EPS (ttm) | 15.59 |
| PE Ratio | 34.25 |
| Forward PE | 23.74 |
| Dividend | $1.56 (0.29%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 1,315,041 |
| Open | 539.31 |
| Previous Close | 541.72 |
| Day's Range | 533.45 - 541.59 |
| 52-Week Range | 415.60 - 603.82 |
| Beta | 0.79 |
| Analysts | Buy |
| Price Target | 604.28 (+13.18%) |
| 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, TMO'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 21 analysts, the average rating for TMO stock is "Buy." The 12-month stock price forecast is $604.28, which is an increase of 13.18% from the latest price.
News
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...
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 ...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
Thermo Fisher Scientific Introduces Innovative Mass Spectrometer to Advance Clinical Research
ANAHEIM, Calif.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today unveiled the Thermo Scientific™ Stellar™ mass spectrometer (MS), a new solution ...
Thermo Fisher Scientific Opens New GMP-certified Ultra-cold Facility in the EU to Accelerate Advanced Therapies Development
BLEISWIJK, Netherlands--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, has opened a new clinical and commercial ultra-cold facility in the EU, expanding its clini...
Thermo Fisher Scientific Updates Chromosomal Microarray Analysis Solutions to Comply with IVDR Regulation
CARLSBAD, Calif.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, announced today that the Applied Biosystems™ CytoScan™ Dx Assay and Applied Biosystems™ Chromosom...
Thermo Fisher Scientific Releases 2023 Corporate Social Responsibility Report
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today released its 2023 Corporate Social Responsibility (CSR) report, which provides an...
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....
Thermo Fisher Scientific Introduces Array-based Solution for Extended Blood Type Research to Support Future Advancements Toward Safer Transfusions
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today introduced the Applied Biosystems™ Axiom™ BloodGenomiX™ Array* and Software, a first-of-its-k...
UK's CMA kicks off probe into Thermo Fisher-Olink deal
Britain's competition regulator said on Friday it has initiated a probe into U.S. medical equipment maker Thermo Fisher Scientific's $3.1 billion deal to buy Swedish biotech firm Olink Holding AB.
Thermo Fisher Scientific to Present at BofA Securities 2024 Health Care Conference on May 14
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...
Thermo Fisher Scientific Launches New CXCL10 Testing Service
WEST HILLS, Calif.--(BUSINESS WIRE)--For organ transplant recipients, life post-transplant involves a delicate balance between invasive monitoring and immunosuppression to reduce the risk of rejection...
Thermo Fisher lifts profit forecast as medical equipment demand improves
Thermo Fisher on Wednesday beat Wall Street estimates for quarterly profit and raised its annual profit forecast, betting on improved demand for its products and services used in drug development and ...
Thermo Fisher Scientific to Host Investor Day
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, will hold its 2024 Investor Day on Thursday, September 19, starting at 9:00 a.m. (ET) i...