Is Thermo Fisher Scientific Inc. (NYSE: TMO) Still On The Rise?

After Hours

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Stocks Info

This NYSE-listed company operates within the Diagnostics & Research industry segment, falling under the Healthcare sector. The current market capitalization of Thermo Fisher Scientific Inc. is $221.81B. A total of 1.23 million shares were traded on the day, compared to an average of 1.34M shares.

In the most recent transaction, CASPER MARC N sold 10,000 shares of TMO for 570.16 per share on Jun 04 ’24. After the transaction, the Chairman & CEO now owns 123,816 company shares. In a previous transaction on Jun 03 ’24, CASPER MARC N sold 10,000 shares at 567.28 per share. TMO shares that Chairman & CEO owns now total 123,816.

Among the insiders who sold shares, Lagarde Michel disposed of 20,000 shares on May 14 ’24 at a per-share price of $590.05. This resulted in the Executive Vice President & COO holding 18,134 shares of TMO after the transaction. In another insider transaction, Williamson Stephen sold 21,925 shares at $591.27 per share on May 13 ’24. Company shares held by the Sr. VP and CFO now total 36,482.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Thermo Fisher Scientific Inc. pays an annual dividend of $1.44, resulting in a dividend yield of 0.25%, and it has a price to earnings (P/E) ratio of 37.28. TMO’s most recent ex-dividend date was 6/14/2024 when it declared a $0.39 quarterly dividend that was paid in cash on 7/15/2024. Previously, the company paid the dividend on 4/15/2024 with an ex-dividend date of 3/14/2024. The TMO stock dividend was $0.39 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, TMO has a high of $603.82 and a low of $415.60.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $119.24, while its Total Shareholder’s Equity was $40.98B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.42.

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