Thermo Fisher Scientific Inc. (TMO) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Thermo Fisher Scientific Extends the Expiration of Tender Offer for All Outstanding Common Shares and ADSs of Olink.

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Stocks Info

Thermo Fisher Scientific Inc. is listed on the NYSE in the Healthcare sector while operating in the Diagnostics & Research industry. The current market capitalization of Thermo Fisher Scientific Inc. is $225.54B. A total of 1.89 million shares were traded on the day, compared to an average of 1.71M shares.

In the most recent transaction, CASPER MARC N sold 10,000 shares of TMO for 571.08 per share on Feb 29 ’24. After the transaction, the Chairman & CEO now owns 125,816 company shares. In a previous transaction on Feb 28 ’24, CASPER MARC N sold 10,000 shares at 570.18 per share. TMO shares that Chairman & CEO owns now total 128,485.

Among the insiders who sold shares, CASPER MARC N disposed of 10,000 shares on Feb 27 ’24 at a per-share price of $564.72. This resulted in the Chairman & CEO holding 128,485 shares of TMO after the transaction. In another insider transaction, CASPER MARC N sold 5,547 shares at $550.62 per share on Feb 15 ’24. Company shares held by the Chairman & CEO now total 43,608.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Thermo Fisher Scientific Inc. pays an annual dividend of $1.40, resulting in a dividend yield of 0.24%, and it has a price to earnings (P/E) ratio of 38.28. TMO’s most recent ex-dividend date was 3/14/2024 when it declared a $0.39 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/16/2024 with an ex-dividend date of 12/14/2023. The TMO stock dividend was $0.35 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, TMO has a high of $593.17 and a low of $415.60.

As of this writing, TMO has an earnings estimate of $4.73 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $5 per share and a lower estimate of $4.64. The company reported an EPS of $5.69 in the last quarter, which was 1.40% higher than expectations of $5.61.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TMO’s latest balance sheet shows that the firm has $4.48B in Cash & Short Term Investments as of fiscal 2021. There were $34.87B in debt and $13.44B in liabilities at the time. Its Book Value Per Share was $120.87, while its Total Shareholder’s Equity was $40.98B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TMO is Buy with a score of 4.39.

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