Bio Rad Laboratories Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 47 out of 206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 312.00.In the medium term, the stock price is expected to remain stable.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Bio Rad Laboratories Inc is 7.61, ranking 62 out of 206 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 592.10M, representing a year-over-year increase of 1.14%, while its net profit experienced a year-over-year increase of 923.59%.
Key Metrics
The current valuation score of Bio Rad Laboratories Inc is 8.52, ranking 18 out of 206 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 40.09, which is 7.16% below the recent high of 42.96 and 274.23% above the recent low of -69.84.
The current earnings forecast score of Bio Rad Laboratories Inc is 7.33, ranking 137 out of 206 in the Healthcare Equipment & Supplies industry. The average price target is 365.00, with a high of 375.00 and a low of 325.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Bio Rad Laboratories Inc is 6.51, ranking 134 out of 206 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 289.47 and the support level at 217.33, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Bio Rad Laboratories Inc is 7.00, ranking 80 out of 206 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 84.86%, representing a quarter-over-quarter decrease of 16.47%. The largest institutional shareholder is First Eagle Investment, holding a total of 2.57M shares, representing 11.85% of shares outstanding, with 73.50% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Bio Rad Laboratories Inc is 7.66, ranking 33 out of 206 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.04. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
