TMO stock: buy or sell?

TMO stock price: $281.42 -0.06% At close on October 18th, 2019

Updated on:
October 18th, 2019

3

Thermo Fisher Scientific shares remained stable -0.06% to $281.42 on October/18.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics under Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services brands worldwide.

Should I buy TMO stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Thermo Fisher Scientific stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Thermo Fisher Scientific stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 12 ratings published for TMO stock in the last 30 days.

The general sentiment of these ratings is bullish for TMO stock, with 12 positive ratings.
Is TMO a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-26Liberum Capitaln/aBuy
2019-7-25Needham & Company LLCn/aBuy
2019-7-16Needham & Company LLCStrong-BuyBuy
2019-5-23UBS Groupn/aBuy
2019-4-16Bank of AmericaBuyBuy
2019-3-26Robert W. BairdOutperformOutperform
2019-3-26BTIG Researchn/aBuy
2019-3-25UBS Groupn/aBuy
2019-3-22Deutsche Bankn/aBuy
2019-3-18BarclaysOverweightOverweight
2019-1-31BTIG Researchn/aBuy
2019-1-3BarclaysOverweightOverweight

TMO stock analysis

Daily outlook

Thermo Fisher Scientific closed on October/18 at $281.42 and remained stable a neutral -0.06%.

Thermo Fisher Scientific shares remained stable -0.06% to $281.42 on Oct/18. TMO is soaring again after a 3.00% correction from its last top on Tuesday at $287.97. On July, TMO hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.

TMO stock chart (daily)

Weekly outlook

Shares of Thermo Fisher Scientific declined a bad -0.78% this week. Late August TMO skyrocketed a dazzling 6.17% in just one week.

Far behind is the all-time high Thermo Fisher Scientific hit early July but price is just -7.81% below that top. Early January TMO price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

TMO stock chart (weekly)

TMO stock price history

TMO IPO was on March 17th, 1980 at $0.00 per share1. Since then, TMO stock surged a inf%, with an average of inf% per year. If you had invested $1,000 in TMO stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

TMO stock historical price chart

TMO stock reached all-time highs on July with a price of $305.26.

TMO stock price target is $302.60

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 11 price targets for TMO stock:
TMO stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-25Needham & Company LLCRaises Target$315.00$321.001.9%
2019-7-16Needham & Company LLCDowngradesn/a$315.00-
2019-5-23UBS GroupRaises Targetn/a$320.00-
2019-4-16Bank of AmericaReiterates$285.00$300.005.3%
2019-3-26Robert W. BairdRaises Target$270.00$288.006.7%
2019-3-26BTIG ResearchRaises Targetn/a$310.00-
2019-3-25UBS GroupRaises Targetn/a$305.00-
2019-3-22Deutsche BankRaises Target$275.00$300.009.1%
2019-3-18BarclaysRaises Target$295.00$300.001.7%
2019-1-31BTIG ResearchRaises Targetn/a$290.00-
2019-1-3BarclaysRaises Target$275.00$280.001.8%
(in average)$285.80$302.606.0%
Moving in a range from $321.00 and $280.00, the price prediction for Thermo Fisher Scientific stock is $302.60. In average, analysts' outlook on TMO price forecast is positive, improving the forecast by a 6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, Thermo Fisher Scientific . Unfortunately, reported EPS is not yet available in our database.
TMO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.63n/a
2017-Q32017-10-252.252.312.7%
2017-Q42018-01-312.662.794.9%
2018-Q12018-04-252.422.53.3%
2018-Q22018-07-252.632.754.6%
2018-Q32018-10-242.552.622.7%
2018-Q42019-01-303.193.251.9%
2019-Q12019-04-232.74n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an exceptional gain of 16.45% to $24,358.00 million USD. Nevertheless, its income margin (compared to revenues) grew to 12.06%, that is $2,938.00 million.

To have an up to date picture of the financial situation of Thermo Fisher Scientific, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Thermo Fisher Scientific TTM sales up to March 2019 were $24,630.00 and income was $3,174.00 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Thermo Fisher Scientific business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, gained a slightly good 1.12%. Regarding profit margin, Thermo Fisher Scientific stayed constant 0.82% to 12.06%

TMO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$13,090 M-$1,280 M9.8%-
2014$16,890 M29.03%$1,894 M11.2%48.00%
2015$16,965 M0.45%$1,975 M11.6%4.28%
2016$18,274 M7.71%$2,022 M11.1%2.35%
2017$20,918 M14.47%$2,225 M10.6%10.05%
2018$24,358 M16.45%$2,938 M12.1%32.04%
TTM $24,630 M1.12%$3,174 M12.9%8.03%

Quarterly financial results

Thermo Fisher Scientific reported $6,125.00 million in revenues for 2019-Q1, a -5.87% decline compared to previous quarter. Reported quarter income marked $815.00 million with a profit margin of 13.31%. Profit margin stayed constant a -0.49% compared to previous quarter when profit margin was 13.80%. When comparing revenues to same quarter last year, Thermo Fisher Scientific sales marked a good increase and appreciated a 4.65%.
TMO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$4,990 M-$612 M12.3%-
2017-Q3$5,120 M2.61%$534 M10.4%-12.79%
2017-Q4$6,047 M18.11%$528 M8.7%-1.11%
2018-Q1$5,853 M-3.21%$579 M9.9%9.66%
2018-Q2$6,078 M3.84%$752 M12.4%29.88%
2018-Q3$5,920 M-2.60%$709 M12.0%-5.72%
2018-Q4$6,507 M9.92%$898 M13.8%26.66%
2019-Q1$6,125 M-5.87%$815 M13.3%-9.24%

Thermo Fisher Scientific ownership

When you are planning to buy a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Thermo Fisher Scientific, 0.19% of all outstanding shares are owned by its staff.

Bearish positions for TMO stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related stocks:

TMOABAXBDXBIO
Market cap$112.7 B$23.1 B$44.9 B$69.8 B$8.5 B
Total shares400.5 M309.5 M510.6 M270.0 M24.7 M
Float shares399.4 M308.5 M509.6 M269.1 M21.3 M
  - Institutional holdings (%)90.7%88.2%88.2%87.5%78.0%
  - Insider holdings (%)0.2%0.4%0.1%0.3%14.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

TMO summary

Friday, October 18th, 2019
Open$281.05
Close$281.42
Day range$280.39 - $283.94
Previous close$281.59
Session gain-0.06%
Average true range$7.26
50d mov avg$283.92
100d mov avg$285.20
200d mov avg$271.64
Daily patternlb01a
Weekly pattern lb11a

Thermo Fisher Scientific performance

To better understand Thermo Fisher Scientific performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Thermo Fisher Scientific performance to Agilent Technologies, Baxter International, Becton, Dickinson and, Bio-Rad Laboratories, Danaher, Harvard Bioscience, Intuitive Surgical, PerkinElmer, Teleflex and Waters:
Stock3m6m12m
TMOThermo Fisher Sci...-2.84%8.47%24.23%
AAgilent Technolog...8.78%-1.67%16.70%
BAXBaxter Internatio...6.15%19.02%28.04%
BDXBecton, Dickinson...3.40%14.18%9.98%
BIOBio-Rad Laborator...8.91%16.71%22.18%
DHRDanaher-2.43%9.12%38.20%
HBIOHarvard Bioscienc...46.15%-30.66%-33.57%
ISRGIntuitive Surgica...7.08%7.23%12.29%
PKIPerkinElmer-11.36%-11.60%-3.27%
TFXTeleflex-1.92%18.75%35.51%
WATWaters0.95%-9.95%16.36%

Thermo Fisher Scientific competitors

One check before trading any stock is to review a list of its competitors, in this case for Thermo Fisher Scientific. We chose 10 companies as Thermo Fisher Scientific competitors as they are in the same industry or have similar market objectives.

Latest TMO stock news