Thermo Fisher Scientific Stock Today

TMO Stock  USD 529.63  7.97  1.53%   

Performance

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Odds Of Distress

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Thermo Fisher is selling at 529.63 as of the 30th of November 2024; that is 1.53 percent increase since the beginning of the trading day. The stock's open price was 521.66. Thermo Fisher has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Thermo Fisher Scientific's common stock.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
13th of January 1978
Category
Healthcare
Classification
Health Care
Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company was incorporated in 1956 and is based in Waltham, Massachusetts. Thermo Fisher operates under Diagnostics Research classification in the United States and is traded on New York Stock Exchange. The company has 382.5 M outstanding shares of which 3.23 M shares are at this time shorted by investors with about 2.12 days to cover. More on Thermo Fisher Scientific

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Thermo Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOMarc Casper
Thematic Ideas
(View all Themes)
Business ConcentrationLife Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NYSE Composite, SP 500 Index, ARCA Institutional, SP 100, SP 100 Index, Measuring and Control Equipment, ESG Investing, Macroaxis Picks, Health Care, Life Sciences Tools & Services, Diagnostics & Research, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholic
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03480.0607
Way Down
Slightly volatile
Asset Turnover0.630.4341
Way Up
Slightly volatile
Gross Profit Margin0.340.3993
Fairly Down
Pretty Stable
Net Debt28.2 B26.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities14.7 B14 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total39.8 B37.9 B
Sufficiently Up
Slightly volatile
Total Assets103.7 B98.7 B
Sufficiently Up
Slightly volatile
Total Current Assets25.8 B24.6 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities8.8 B8.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Thermo Fisher can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Thermo Fisher's financial leverage. It provides some insight into what part of Thermo Fisher's total assets is financed by creditors.
Liquidity
Thermo Fisher Scientific has 34.92 B in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Thermo Fisher Scientific has a current ratio of 1.71, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Thermo to invest in growth at high rates of return.

Begin Period Cash Flow

8.96 Billion
Thermo Fisher Scientific (TMO) is traded on New York Stock Exchange in USA. It is located in 168 Third Avenue, Waltham, MA, United States, 02451 and employs 122,000 people. Thermo Fisher is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 202.58 B. Thermo Fisher Scientific runs under Life Sciences Tools & Services sector within Health Care industry. The entity has 382.5 M outstanding shares of which 3.23 M shares are at this time shorted by investors with about 2.12 days to cover. Thermo Fisher Scientific has about 8.52 B in cash with 8.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.44.
Check Thermo Fisher Probability Of Bankruptcy
Ownership Allocation
Thermo Fisher Scientific shows a total of 382.5 Million outstanding shares. The majority of Thermo Fisher Scientific outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Thermo Fisher to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Thermo Fisher Scientific. Please pay attention to any change in the institutional holdings of Thermo Fisher Scientific as this could imply that something significant has changed or is about to change at the company. Please note that on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Thermo Fisher Scientific's common stock.
Check Thermo Ownership Details

Thermo Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
5.6 M
Franklin Resources Inc2024-09-30
5.4 M
Northern Trust Corp2024-09-30
3.5 M
Massachusetts Financial Services Company2024-09-30
3.4 M
Royal Bank Of Canada2024-06-30
3.3 M
Wellington Management Company Llp2024-06-30
M
Legal & General Group Plc2024-06-30
M
Polen Capital2024-09-30
2.8 M
Bank Of New York Mellon Corp2024-06-30
2.7 M
Vanguard Group Inc2024-09-30
33.1 M
Blackrock Inc2024-06-30
29.5 M
View Thermo Fisher Diagnostics

Thermo Fisher Historical Income Statement

At this time, Thermo Fisher's EBITDA is very stable compared to the past year. As of the 30th of November 2024, Cost Of Revenue is likely to grow to about 26.6 B, though Total Other Income Expense Net is likely to grow to (533 M). View More Fundamentals

Thermo Stock Against Markets

Thermo Fisher Corporate Directors

Tyler JacksIndependent DirectorProfile
James MullenIndependent DirectorProfile
Dion WeislerIndependent DirectorProfile
Debora SparIndependent DirectorProfile
When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermo Fisher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.52
Earnings Share
15.94
Revenue Per Share
110.627
Quarterly Revenue Growth
0.002
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.