Thermo Fisher Scientific Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 12 out of 205 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 653.28.In the medium term, the stock price is expected to remain stable.Despite an average stock 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 Thermo Fisher Scientific Inc is 8.06, ranking 59 out of 205 in the Healthcare Equipment & Supplies industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 12.21B, representing a year-over-year increase of 7.20%, while its net profit experienced a year-over-year increase of 7.32%.
Key Metrics
The current valuation score of Thermo Fisher Scientific Inc is 7.10, ranking 125 out of 205 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is 33.30, which is 17.35% below the recent high of 39.08 and 31.44% above the recent low of 22.83.
The current earnings forecast score of Thermo Fisher Scientific Inc is 8.28, ranking 49 out of 205 in the Healthcare Equipment & Supplies industry. The average price target is 625.00, with a high of 750.00 and a low of 533.16.
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 Thermo Fisher Scientific Inc is 7.00, ranking 71 out of 205 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 633.36 and the support level at 561.58, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Thermo Fisher Scientific Inc is 10.00, ranking 1 out of 205 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 92.75%, representing a quarter-over-quarter increase of 1.03%. The largest institutional shareholder is The Vanguard, holding a total of 33.67M shares, representing 8.96% of shares outstanding, with 1.55% 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 Thermo Fisher Scientific Inc is 9.72, ranking 3 out of 205 in the Healthcare Equipment & Supplies industry. The company's beta value is 0.93. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
