Thermo Stock Today

TMO
 Stock
  

USD 592.30  3.74  0.63%   

Market Performance
5 of 100
Odds Of Distress
Less than 2
Thermo Fisher is selling for 592.30 as of the 18th of August 2022. This is a -0.63% down since the beginning of the trading day. The stock's open price was 596.04. Thermo Fisher has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Thermo Fisher Scientific are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of August 2020 and ending today, the 18th of August 2022. Click here to learn more.
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 394.05 M outstanding shares of which 2.75 M shares are at this time shorted by investors with about 2.2 days to cover. More on Thermo Fisher Scientific

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Thermo Fisher Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Thermo Fisher's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thermo Fisher or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thermo Fisher is unlikely to experience financial distress in the next 2 years
Over 91.0% of the company shares are owned by institutional investors
On 15th of July 2022 Thermo Fisher paid $ 0.3 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Exercise or conversion by Stephen Williamson of 12300 shares of Thermo Fisher subject to Rule 16b-3
CEOMarc Casper
Thematic IdeaESG Investing (view all)
Average Analyst Recommendation
Analysts covering Thermo Fisher report their recommendations after researching Thermo Fisher's financial statements, talking to executives and customers, or listening in on Thermo Fisher's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Thermo Fisher Scientific. The Thermo consensus assessment is calculated by taking the average forecast from all of the analysts covering Thermo Fisher.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Thermo Fisher Scientific based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Thermo Fisher Scientific financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares371.8 M394 M
Notably Down
Increasing
Stable
Weighted Average Shares Diluted375 M397 M
Notably Down
Increasing
Stable
Net Cash Flow from Operations10 B9.3 B
Significantly Up
Increasing
Slightly volatile
Total Assets102.6 B95.1 B
Significantly Up
Increasing
Slightly volatile
Total Liabilities58.6 B54.3 B
Significantly Up
Increasing
Slightly volatile
Current Assets21.7 B20.1 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities14.5 B13.4 B
Significantly Up
Increasing
Slightly volatile
Total Debt12.1 B11.2 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets10.159.4107
Significantly Up
Increasing
Slightly volatile
Gross Margin45.1850.0829
Moderately Down
Increasing
Slightly volatile
Asset Turnover0.510.4777
Notably Up
Increasing
Very volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Thermo Fisher's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Thermo Fisher's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Thermo Fisher's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Thermo Fisher's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Thermo Fisher's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Thermo Fisher's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Thermo Fisher deploys its capital and how much of that capital is borrowed.
Liquidity
Thermo Fisher cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 30.26 B in debt with debt to equity (D/E) ratio of 0.71, which is OK given its current industry classification. Thermo Fisher Scientific has a current ratio of 1.62, which is typical for the industry and considered as normal. Debt can assist Thermo Fisher until it has trouble settling it off, either with new capital or with free cash flow. So, Thermo Fisher's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thermo Fisher Scientific sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thermo to invest in growth at high rates of return. When we think about Thermo Fisher's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

10.05 Billion
Thermo Fisher Scientific (TMO) is traded on New York Stock Exchange in USA and employs 130,000 people. The company currently falls under 'Mega-Cap' category with total capitalization of 237.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thermo Fisher's market, we take the total number of its shares issued and multiply it by Thermo Fisher's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Thermo Fisher Scientific runs under Healthcare sector within Diagnostics & Research industry. The entity has 394.05 M outstanding shares of which 2.75 M shares are at this time shorted by investors with about 2.2 days to cover. Thermo Fisher Scientific has about 1.89 B in cash with 8.84 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.82.
Check Thermo Fisher Probability Of Bankruptcy
Ownership
Thermo Fisher Scientific shows a total of three hundred ninety-four million fifty thousand 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 about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Thermo Ownership Details

Thermo Stock Price Odds Analysis

What are Thermo Fisher's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Thermo Fisher jumping above the current price in 90 days from now is about 8.19%. The Thermo Fisher Scientific probability density function shows the probability of Thermo Fisher stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0265. This usually implies Thermo Fisher Scientific market returns are very sensitive to returns on the market. As the market goes up or down, Thermo Fisher is expected to follow. Additionally, the company has an alpha of 0.0755, implying that it can generate a 0.0755 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 592.3HorizonTargetOdds Above 592.3
91.71%90 days
 592.30 
8.19%
Based on a normal probability distribution, the odds of Thermo Fisher to move above the current price in 90 days from now is about 8.19 (This Thermo Fisher Scientific probability density function shows the probability of Thermo Stock to fall within a particular range of prices over 90 days) .

Thermo Fisher Historical Income Statement

Thermo Fisher Scientific Income Statement is one of the three primary financial statements used for reporting Thermo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Thermo Fisher Scientific revenue and expense. Thermo Fisher Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Thermo Fisher Net Income is quite stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 8.33 Billion. Net Income Common Stock is expected to rise to about 1.9 B this year, although the value of Weighted Average Shares will most likely fall to about 371.8 M. View More Fundamentals

Thermo Stock Against Markets

Picking the right benchmark for Thermo Fisher stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Thermo Fisher stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Thermo Fisher is critical whether you are bullish or bearish towards Thermo Fisher Scientific at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Thermo Fisher without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Instant Ratings

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Thermo Fisher Corporate Directors

Thermo Fisher corporate directors refer to members of a Thermo Fisher board of directors. The board of directors generally takes responsibility for the Thermo Fisher's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Thermo Fisher's board members must vote for the resolution. The Thermo Fisher board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tyler Jacks - Independent DirectorProfile
James Mullen - Independent DirectorProfile
Dion Weisler - Independent DirectorProfile
Debora Spar - Independent DirectorProfile

Invested in Thermo Fisher Scientific?

You need to understand the risk of investing before taking a position in Thermo Fisher. The danger of trading Thermo Fisher Scientific is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Thermo Fisher is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Thermo Fisher. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Thermo Fisher Scientific is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Thermo Fisher Scientific information on this page should be used as a complementary analysis to other Thermo Fisher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Thermo Stock analysis

When running Thermo Fisher Scientific price analysis, check to measure Thermo Fisher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermo Fisher is operating at the current time. Most of Thermo Fisher's value examination focuses on studying past and present price action to predict the probability of Thermo Fisher's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Thermo Fisher's price. Additionally, you may evaluate how the addition of Thermo Fisher to your portfolios can decrease your overall portfolio volatility.
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Is Thermo Fisher's industry 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.
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 Thermo Fisher value 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.