NasdaqGS - Nasdaq Real Time Price USD

Bio-Techne Corporation (TECH)

64.06 +1.40 (+2.23%)
At close: April 26 at 4:00 PM EDT
64.06 0.00 (0.00%)
After hours: April 26 at 4:20 PM EDT
Key Events
Loading Chart for TECH
DELL
  • Previous Close 62.66
  • Open 62.72
  • Bid 64.04 x 100
  • Ask 64.19 x 400
  • Day's Range 62.49 - 64.36
  • 52 Week Range 51.79 - 89.91
  • Volume 946,213
  • Avg. Volume 1,093,892
  • Market Cap (intraday) 10.07B
  • Beta (5Y Monthly) 1.22
  • PE Ratio (TTM) 46.09
  • EPS (TTM) 1.39
  • Earnings Date May 1, 2024
  • Forward Dividend & Yield 0.32 (0.50%)
  • Ex-Dividend Date Feb 9, 2024
  • 1y Target Est 80.55

Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets in the United States, the United Kingdom, rest of Europe, Middle East, and Africa, Greater China, rest of Asia-Pacific, and internationally. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of manual and automated protein analysis instruments and immunoassays for use in quantifying proteins in various biological fluids. The Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for regulated diagnostics market, exosome-based molecular diagnostic assays, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications; and sells products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was incorporated in 1976 and is headquartered in Minneapolis, Minnesota.

www.bio-techne.com

3,200

Full Time Employees

June 30

Fiscal Year Ends

Recent News: TECH

Performance Overview: TECH

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

TECH
16.88%
S&P 500
6.92%

1-Year Return

TECH
18.27%
S&P 500
25.26%

3-Year Return

TECH
40.08%
S&P 500
22.00%

5-Year Return

TECH
36.93%
S&P 500
74.29%

Compare To: TECH

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: TECH

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    10.07B

  • Enterprise Value

    10.49B

  • Trailing P/E

    46.09

  • Forward P/E

    32.36

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    9.03

  • Price/Book (mrq)

    5.13

  • Enterprise Value/Revenue

    9.16

  • Enterprise Value/EBITDA

    27.90

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    19.58%

  • Return on Assets (ttm)

    6.32%

  • Return on Equity (ttm)

    11.83%

  • Revenue (ttm)

    1.14B

  • Net Income Avi to Common (ttm)

    224.11M

  • Diluted EPS (ttm)

    1.39

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    135.65M

  • Total Debt/Equity (mrq)

    28.30%

  • Levered Free Cash Flow (ttm)

    162.75M

Research Analysis: TECH

Analyst Price Targets

65.00
80.55 Average
64.06 Current
95.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: TECH

Fair Value

64.06 Current
 

Dividend Score

0 Low
TECH
Sector Avg.
100 High
 

Hiring Score

0 Low
TECH
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
TECH
Sector Avg.
100 High
 

Research Reports: TECH

  • The Argus Mid-Cap Model Portfolio

    Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.

     
  • Analyst Report: Bio-Techne Corp

    Based in Minneapolis, Bio-Techne develops and markets protein-based instruments and reagents for research and clinical use. Its customers include companies in the pharmaceutical and biotech industries as well as academic research institutions. The company's products and solutions aid in drug discovery and provide the means for accurate clinical tests and diagnoses. Through its Protein Sciences business segment, Bio-Techne is one of the world's leading suppliers of proteins, such as cytokines and growth factors, immunoassays, antibodies, and reagents to the biotech and academic research communities. Bio-Techne's Diagnostics and Genomics segment provides blood chemistry and blood gas quality controls, hematology instrument controls, immunoassays, and other bulk and custom reagents for the in-vitro diagnostic market.

    Rating
    Price Target
     
  • Market Digest: TECH, HPE

    A New Year Ahead: Our Monthly Survey of the Economy, Interest Rates, and Stocks

     
  • Weekly Stock List

    Here is the list of the Top Picks for 2024 from the Argus team of analysts. The team is deeply experienced, as each analyst has spent ,on average, 25 years on Wall Street and 15 years at Argus Research. As such, our analysts are extremely well-versed in our proprietary fundamental six-point system and the sectors they cover. They also have solid relationships with many of the management teams they cover. But they do not operate in a vacuum. An Investment Policy Committee (IPC) comprised of Director of Research Jim Kelleher, CFA; President John Eade; Chief Compliance Officer & Senior Financial Analyst Kevin Heal; and Director of Financial Institutions Research Steve Biggar provide macro outlooks for the economy, interest rates, earnings, and the stock market. The IPC reviews all proposed ratings changes. Our list below is organized by sector.

     

People Also Watch