Bio Rad Laboratories Stock Today

BIO Stock  USD 339.22  1.80  0.53%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 17

 
High
 
Low
Low
Bio Rad is selling at 339.22 as of the 9th of October 2024; that is 0.53 percent decrease since the beginning of the trading day. The stock's open price was 341.02. Bio Rad has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Note, on May 9, 2019, Representative Susie Lee of US Congress acquired under $15k worth of Bio Rad Laboratories's common stock.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
1st of January 1966
Category
Healthcare
Classification
Health Care
Bio-Rad Laboratories, Inc. manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California. The company has 22.79 M outstanding shares of which 1.35 M shares are currently shorted by investors with about 6.3 days to cover. More on Bio Rad Laboratories

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Bio Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanNorman Schwartz
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Old Names[Biotest Aktiengesellschaft, Biosearch S.A]
Business ConcentrationLife Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NYSE Composite, WSE WIG INDEX, Measuring and Control Equipment, Health Care, Life Sciences Tools & Services, Medical Devices, Healthcare (View all Sectors)
Excise Tax ActivitiesAnimal TestingCatholic
Average Analyst Recommendation
Debt Levels
Bio Rad can leverage 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 Bio Rad's financial leverage. It provides some insight into what part of Bio Rad's total assets is financed by creditors.
Liquidity
Bio Rad Laboratories has 1.41 B in debt with debt to equity (D/E) ratio of 0.16, which may show that the company is not taking advantage of profits from borrowing. Bio Rad Laboratories has a current ratio of 5.39, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Bio to invest in growth at high rates of return.

Depreciation

202.02 Million
Bio Rad Laboratories (BIO) is traded on New York Stock Exchange in USA. It is located in 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 and employs 8,000 people. Bio Rad is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.42 B. Bio Rad Laboratories runs under Life Sciences Tools & Services sector within Health Care industry. The entity has 22.79 M outstanding shares of which 1.35 M shares are currently shorted by investors with about 6.3 days to cover. Bio Rad Laboratories has about 434.21 M in cash with 374.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 62.03.
Check Bio Rad Probability Of Bankruptcy
Ownership Allocation
Bio Rad holds a total of 22.79 Million outstanding shares. The majority of Bio Rad Laboratories outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Bio Rad Laboratories to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Bio Rad. Please pay attention to any change in the institutional holdings of Bio Rad Laboratories as this could imply that something significant has changed or is about to change at the company. Also note that nearly one million one hundred five thousand five hundred thirty-eight invesors are currently shorting Bio Rad expressing very little confidence in its future performance.
Check Bio Ownership Details

Bio Stock Institutional Holders

InstituionRecorded OnShares
Bank Of America Corp2024-06-30
441.9 K
Ubs Asset Mgmt Americas Inc2024-06-30
436.8 K
Thompson, Siegel & Walmsley Llc2024-06-30
390 K
Ninety One Uk Limited2024-06-30
387.3 K
Massachusetts Financial Services Company2024-06-30
348.5 K
Southeastern Asset Management Inc2024-06-30
325 K
Parnassus Investments Llc2024-06-30
310.7 K
Northern Trust Corp2024-06-30
248.7 K
Westfield Capital Management Company, Lp2024-06-30
243.2 K
Vanguard Group Inc2024-06-30
2.4 M
Blackrock Inc2024-06-30
1.6 M
View Bio Rad Diagnostics

Bio Rad Historical Income Statement

At this time, Bio Rad's Non Operating Income Net Other is very stable compared to the past year. As of the 9th of October 2024, Non Recurring is likely to grow to about 353.2 M, while Selling General Administrative is likely to drop about 481.6 M. View More Fundamentals

Bio Stock Against Markets

Bio Rad Corporate Directors

Jeffrey EdwardsIndependent DirectorProfile
Tania DeVilliersCorporate DirectorProfile
Arnold PinkstonIndependent DirectorProfile
Alice SchwartzDirectorProfile
When determining whether Bio Rad Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Rad's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bio Rad Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Rad Laboratories Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bio Rad Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Life Sciences Tools & Services space 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 Bio Rad. If investors know Bio 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 Bio Rad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.797
Earnings Share
(47.33)
Revenue Per Share
89.289
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0211
The market value of Bio Rad Laboratories is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Rad's value that differs from its market value or its book value, called intrinsic value, which is Bio Rad'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 Bio Rad's market value can be influenced by many factors that don't directly affect Bio Rad'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 Bio Rad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Rad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Rad'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.