BIO - Bio-Rad Laboratories, Inc.

NYSE - NYSE Delayed Price. Currency in USD
331.55
+0.31 (+0.09%)
At close: 4:02PM EDT
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Previous Close331.24
Open332.34
Bid330.65 x 900
Ask331.18 x 800
Day's Range330.00 - 334.53
52 Week Range220.05 - 348.39
Volume128,426
Avg. Volume212,265
Market Cap9.843B
Beta (3Y Monthly)1.37
PE Ratio (TTM)11.06
EPS (TTM)29.97
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est390.00
Trade prices are not sourced from all markets
  • Here’s What Hedge Funds Think About Bio-Rad Laboratories, Inc. (BIO)
    Insider Monkey

    Here’s What Hedge Funds Think About Bio-Rad Laboratories, Inc. (BIO)

    Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]

  • LabCorp (LH) Names Two Leaders for Major Business Wings
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    LabCorp (LH) Names Two Leaders for Major Business Wings

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  • Bruker To Buy Freiberg Instruments' Magnettech EPR Business
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    Bruker To Buy Freiberg Instruments' Magnettech EPR Business

    The Freiberg Instruments' Magnettech EPR business acquisition is expected to boost Bruker's (BRKR) BioSpin business by complementing its existing range of EPR offerings.

  • Abbott (ABT) Gets FDA Nod for New Troponin-I Blood Test
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    Abbott (ABT) Gets FDA Nod for New Troponin-I Blood Test

    The regulatory go-ahead for Abbott's (ABT) ARCHITECT STAT High Sensitivity Troponin-I blood test is a major stride forward in its commitment for detecting patients suspected of having a heart attack.

  • It's not just Google: 'Fierce' competition for tech talent is pushing median salaries past $200K at many Silicon Valley companies
    American City Business Journals

    It's not just Google: 'Fierce' competition for tech talent is pushing median salaries past $200K at many Silicon Valley companies

    Compensation experts say the region's labor market is at an inflection point as demand for top tech talent drives salaries ever-higher. Here's what that means for the median paycheck at companies like Netflix, Facebook, Oracle, Intel and Cisco.

  • Goldman Sachs: 4 Conviction Buy Stocks To Snap Up Now
    TipRanks

    Goldman Sachs: 4 Conviction Buy Stocks To Snap Up Now

    Goldman Sachs has a special rating for stocks which it holds in particularly high regard. This is called a ‘Conviction Buy’ rating. The firm’s prized list of Conviction Buy stocks reveals the stock picks that the investment bank's research team expects to outperform. That’s particularly useful for investors looking for fresh investing inspiration in the face of current market volatility. Here we take a closer look at four stocks that have made it to the firm’s list of top stock ideas. Does the rest of the Street have an equally bullish outlook on these names? Interestingly, all of the stocks covered have received only buy ratings from the Street in the last three months. So no hold or sell ratings here. Let’s take a closer look at what’s keeping analysts on-side now… Comcast Corporation Shares in this cable giant are up 37% year-to-date, and analysts believe further growth lies ahead. Ten analysts have published recent buy ratings on Comcast (CMCSA – Get Report), with Goldman Sachs’ Brett Feldman going so far as to double-upgrade CMCSA all the way from Hold to Conviction Buy. Thanks to "healthy fundamentals across its key businesses”, Feldman foresees "strong growth" over the next three years with annual earnings growth of 11%, free cash flow per share of 12% and dividends of 15%. At the same time, five-star Oppenheimer analyst Timothy Horan has just upgraded Comcast from Hold to Buy. Like Feldman, he has a $54 price target, which translates into upside potential of 16%. So what’s the reason behind his bullish transition on the stock? The analyst referred to a triple whammy of broadband strength, underestimated ad revenue, and secular cable improvements. “Fundamentals are healthy in the near-term, and we think 2020 is setting up to be a strong year.” Horan stated. “Cable margins should continue to expand as revenue mix shifts to higher margin broadband (estimated 70% adj. EBITDA margins) vs. video (estimated 20% margins).” Voya Financial IncBased in New York, Voya Financial (VOYA – Get Report) is a retirement, investment and insurance company serving over 13 million customers. On September 12, Goldman Sachs’ Alex Scott upgraded VOYA from Buy to Conviction Buy, citing three key reasons: 1) the possibility of a takeover; 2) potential upside to capital return from life redundant reserve refinancing; and 3) exposure to low interest rates more fully reflected in the valuation. Indeed, the analyst’s Street-high price target of $85 indicates substantial upside potential from current levels of 56%. Note that shares have already surged 35% year-to-date. Meanwhile Morgan Stanley’s Nigel Dally has just met up with Voya management. He left the meetings reassured of his bullish outlook on the company, reiterating his buy rating and $63 price target. The analyst stated "We continue to highlight Voya as one of the most compelling investment opportunities in the life and annuity industry following time on the road through Europe with management. Despite the somewhat disappointing second quarter earnings and lower earnings run-rate, we feel the future prospects for attractive growth and ROE expansion are stronger than what is reflected in the current stock price." Mastercard IncAll eighteen analysts covering Mastercard (MA – Get Report) rate the stock a buy right now. But Goldman Sachs has gone one step further. The firm’s James Schneider has now kept a Conviction Buy rating on Mastercard for over a year. He upgraded the stock to best idea status on September 17 2018, writing at the time that Mastercard is catalyzing the next growth horizon in business-to-business (B2B) payments. "We believe the B2B market represents the next growth horizon for the payments industry and think Mastercard is the best positioned given its multifaceted product approach," Schneider said in a research note. In fact, Goldman Sachs has calculated that B2B payments will represent a whopping $950 billion annualized opportunity for payment stocks. More recently, Schneider reiterated his MA buy rating after management reaffirmed its 2019 guidance. Following the recent earnings call, the analyst told investors that he is optimistic the stock will continue to soar. Shares are already up 46% year-to-date- while the average analyst price target indicates a further 15% upside lies ahead. Bio-Rad Laboratories According to the Street, Bio-Rad (BIO – Get Report) offers attractive exposure to Life Science Tools at a reasonable valuation. With annual sales of $2.2 billion, BIO is among the top five life science companies in the world. And now Goldman Sachs analyst Patrick Donnelly has upgraded Bio-Rad to the Conviction Buy list, citing improving execution and undervalued fundamentals. Looking forward, Donnelly is confident BIO can outperform second half guidance due to strong organic growth, easing comps, margin expansion initiatives, limited maco headwinds and capital deployment. He maintained a $400 price target- indicating 20% upside potential from current levels.In the last three months, only one other analyst has published a rating on BIO stock. That analyst is Barclays’ Jack Meehan. His buy rating comes with a $380 price target- up from $350 previously. “We continue to believe that Bio-Rad has substantial long-term opportunity ahead, and believe there is good visibility into high-teens EPS growth” comments Meehan. He made the call after Bio-Rad delivered solid 2Q19 results, with a notable EPS beat and strong operational discipline. Year-to-date, the stock has rallied 45%. Discover Wall Street’s most loved stocks with the Top Analysts’ Stocks tool

  • Business Wire

    Bio-Rad Files New Lawsuit Against 10X Genomics for Patent Infringement

    Bio-Rad Laboratories, Inc. (NYSE:BIO and BIOb), a global leader of life science research and clinical diagnostic products, today announced that it has filed a patent infringement suit against 10X Genomics, Inc. in the United States District Court for the District of Delaware. In the lawsuit Bio-Rad asserts that 10X Genomics infringes U.S. Patent No. 8,871,444, which is exclusively licensed to Bio-Rad from Harvard University and the Medical Research Council.

  • Bio-Rad (BIO) Up 8.8% Since Last Earnings Report: Can It Continue?
    Zacks

    Bio-Rad (BIO) Up 8.8% Since Last Earnings Report: Can It Continue?

    Bio-Rad (BIO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Benzinga

    Biome Sees Revenue Quadruple, Gross Profits Triple In Q2

    Biome's working capital fell 37% to CA$1,324,582 in the second quarter. Biome's first licensed producer under Canada's Cannabis Act, Highland Grow, reported standalone net profitability in its second commercial production quarter. Biome was approved for selling cannabis in Saskatchewan, while adding Manitoba to its national supply footprint.

  • Thomson Reuters StreetEvents

    Edited Transcript of BIO earnings conference call or presentation 1-Aug-19 9:00pm GMT

    Q2 2019 Bio Rad Laboratories Inc Earnings Call

  • Here's Why You Should Retain Bio-Rad (BIO) Stock for Now
    Zacks

    Here's Why You Should Retain Bio-Rad (BIO) Stock for Now

    Investors' confidence continues to be high on solid prospects of Bio-Rad (BIO).

  • PRGO vs. BIO: Which Stock Is the Better Value Option?
    Zacks

    PRGO vs. BIO: Which Stock Is the Better Value Option?

    PRGO vs. BIO: Which Stock Is the Better Value Option?

  • Bio-Rad (Bio) Q2 Earnings Beat Estimates, Margins Expand
    Zacks

    Bio-Rad (Bio) Q2 Earnings Beat Estimates, Margins Expand

    We are upbeat about Bio-Rad's (BIO) year-over-year revenue growth within the Clinical Diagnostics segment in Q2.

  • Bio-Rad Laboratories Inc (BIO) (BIO-B) Q2 2019 Earnings Call Transcript
    Motley Fool

    Bio-Rad Laboratories Inc (BIO) (BIO-B) Q2 2019 Earnings Call Transcript

    BIO, BIO-B earnings call for the period ending June 30, 2019.

  • Bio-Rad Laboratories (BIO) Surpasses Q2 Earnings and Revenue Estimates
    Zacks

    Bio-Rad Laboratories (BIO) Surpasses Q2 Earnings and Revenue Estimates

    Bio-Rad (BIO) delivered earnings and revenue surprises of 12.95% and 1.66%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Do Insiders Own Shares In Biome Grow Inc. (CNSX:BIO)?
    Simply Wall St.

    Do Insiders Own Shares In Biome Grow Inc. (CNSX:BIO)?

    A look at the shareholders of Biome Grow Inc. (CNSX:BIO) can tell us which group is most powerful. Institutions often...

  • Analysts Estimate Bio-Rad Laboratories (BIO) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Bio-Rad Laboratories (BIO) to Report a Decline in Earnings: What to Look Out for

    Bio-Rad (BIO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.