Thermo Fisher Scientific Inc. (NYSE:TMO) share price jumped at US$157.7 before falling back to end the trade at US$155.54 a share. The dividend stock is -3.79% off a 52-week high stock price of US$161.66 but is up 13.65% since hitting the US$137.4. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 30.51.
After a -0.77% fall from previous close of US$156.74, Thermo Fisher Scientific Inc. (TMO) has a US$60.72 Billion market cap. The company pays a US$0.15-cent-per-share quarterly dividend, giving it a 0.39% yield. That brings its full year payout to US$0.6 and 11.7% annual payout ratio based on EPS.
The TMO has soared 10.34% year-to-date. The equity has gained steam in recent weeks, with shares up about 9.22% in the past three months. It added -1.77%, climbed -1.86% and jumped 3.9% in the week, one month and six months, respectively. Revenue growth rate was recorded at 9.6% and net income per share was seen moving at a 13.9% rate in the past five years.
Thermo Fisher Scientific Inc. (NYSE:TMO) is over 9% above analysts’ consensus price target of US$172.91. The stock has yet to strike analysts’ low price target of US$156, and is still below the high US$185 target. On a price appreciation basis over the past 12 months, the stock returned 11.84%.
Financial Times data shows, Annual revenue information is not available for
Thermo Fisher Scientific Inc. (NYSE:TMO) closed 3.16% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 1.72% above another chart threshold, its 50-day moving average and -1.81% below its 20-day simple moving average.