Thermo Fisher Scientific Inc (NYSE: TMO) is 0.58% higher on its value in year-to-date trading and has touched a low of $493.30 and a high of $627.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TMO stock was last observed hovering at around $533.29 in the last trading session, with the day’s loss setting it -10.06%.
Currently trading at $523.23, the stock is -5.40% and -4.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -1.89% at the moment leaves the stock -8.01% off its SMA200. TMO registered -7.14% loss for a year compared to 6-month loss of -13.60%.
The stock witnessed a -10.45% gain in the last 1 month and extending the period to 3 months gives it a 1.94%, and is -2.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.20% over the week and 2.19% over the month.
Thermo Fisher Scientific Inc (TMO) has around 125000 employees, a market worth around $197.39B and $42.88B in sales. Current P/E ratio is 31.67 and Fwd P/E is 20.33. Profit margin for the company is 14.78%. Distance from 52-week low is 6.07% and -16.67% from its 52-week high. The company has generated returns on investments over the last 12 months (7.93%).
with sales reaching $10.24B over the same period.The EPS is expected to grow by 6.60% this year, but quarterly earnings will post 2.41% year-over-year. Quarterly sales are estimated to shrink -1.03% in year-over-year returns.
The shares outstanding are 380.77M, and float is at 376.60M with Short Float at 1.02%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.73 million shares valued at $18.1 billion. The investor’s holdings represent 8.5678 of the TMO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.53 million shares valued at $16.33 billion to account for 7.7302 of the shares outstanding. The other top investors are STATE STREET CORP which holds 16.19 million shares representing 4.2393 and valued at over $8.96 billion, while MORGAN STANLEY holds 3.1669 of the shares totaling 12.1 million with a market value of $6.69 billion.
Thermo Fisher Scientific Inc (TMO) Insider Activity
The most recent transaction is an insider sale by Lowery Frederick M., the company’s Executive Vice President. SEC filings show that Lowery Frederick M. sold 18,300 shares of the company’s common stock on Feb 24 ’25 at a price of $531.81 per share for a total of $9.73 million. Following the sale, the insider now owns 16954.0 shares.
Still, SEC filings show that on Nov 07 ’24, Chai Nelson (Director) acquired 16 shares at an average price of $555.89 for $8894.0. The insider now directly holds 14,264 shares of Thermo Fisher Scientific Inc (TMO).
