Stifel Nicolaus Issues Pessimistic Forecast for Thermo Fisher Scientific (NYSE:TMO) Stock Price

Thermo Fisher Scientific (NYSE:TMOGet Free Report) had its price objective cut by research analysts at Stifel Nicolaus from $700.00 to $600.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the medical research company’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 28.50% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on TMO. Evercore reissued an “outperform” rating and set a $650.00 target price on shares of Thermo Fisher Scientific in a report on Monday, January 5th. Robert W. Baird reduced their price target on Thermo Fisher Scientific from $653.00 to $639.00 and set an “outperform” rating for the company in a research report on Friday. DZ Bank began coverage on Thermo Fisher Scientific in a report on Friday, March 27th. They set a “buy” rating and a $610.00 price objective on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thermo Fisher Scientific in a report on Wednesday, April 8th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $615.00 price target on shares of Thermo Fisher Scientific in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $625.55.

View Our Latest Report on Thermo Fisher Scientific

Thermo Fisher Scientific Trading Down 9.2%

Shares of Thermo Fisher Scientific stock opened at $466.93 on Friday. The stock has a market capitalization of $173.52 billion, a P/E ratio of 26.32, a P/E/G ratio of 2.66 and a beta of 0.97. Thermo Fisher Scientific has a 52-week low of $385.46 and a 52-week high of $643.99. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.53 and a current ratio of 1.89. The stock’s 50-day simple moving average is $499.83 and its 200 day simple moving average is $549.98.

Thermo Fisher Scientific (NYSE:TMOGet Free Report) last posted its earnings results on Thursday, April 23rd. The medical research company reported $5.44 earnings per share for the quarter, topping the consensus estimate of $5.25 by $0.19. The firm had revenue of $11.01 billion during the quarter, compared to the consensus estimate of $10.86 billion. Thermo Fisher Scientific had a net margin of 15.05% and a return on equity of 16.92%. The company’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $5.15 earnings per share. Thermo Fisher Scientific has set its FY 2026 guidance at 24.640-25.120 EPS. As a group, research analysts anticipate that Thermo Fisher Scientific will post 24.68 EPS for the current year.

Insider Buying and Selling at Thermo Fisher Scientific

In other news, CEO Marc N. Casper sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $512.40, for a total transaction of $2,562,000.00. Following the transaction, the chief executive officer directly owned 123,925 shares of the company’s stock, valued at approximately $63,499,170. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gianluca Pettiti sold 400 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $541.20, for a total value of $216,480.00. Following the completion of the sale, the executive vice president directly owned 20,752 shares of the company’s stock, valued at approximately $11,230,982.40. This trade represents a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.33% of the company’s stock.

Institutional Trading of Thermo Fisher Scientific

Several hedge funds and other institutional investors have recently bought and sold shares of TMO. iA Global Asset Management Inc. raised its stake in shares of Thermo Fisher Scientific by 2.3% during the first quarter. iA Global Asset Management Inc. now owns 234,697 shares of the medical research company’s stock valued at $115,361,000 after acquiring an additional 5,246 shares during the last quarter. First Pacific Financial raised its stake in Thermo Fisher Scientific by 1.9% in the first quarter. First Pacific Financial now owns 1,839 shares of the medical research company’s stock worth $904,000 after buying an additional 35 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in shares of Thermo Fisher Scientific by 1.7% in the 1st quarter. Premier Path Wealth Partners LLC now owns 4,382 shares of the medical research company’s stock worth $2,154,000 after acquiring an additional 73 shares in the last quarter. Granite Harbor Advisors Inc. lifted its position in Thermo Fisher Scientific by 12.9% during the first quarter. Granite Harbor Advisors Inc. now owns 848 shares of the medical research company’s stock valued at $417,000 after buying an additional 97 shares during the period. Finally, Caliber Wealth Management LLC KS boosted its position in shares of Thermo Fisher Scientific by 16.9% in the 1st quarter. Caliber Wealth Management LLC KS now owns 409 shares of the medical research company’s stock worth $201,000 after purchasing an additional 59 shares in the last quarter. Institutional investors own 89.23% of the company’s stock.

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Thermo Fisher Scientific Company Profile

(Get Free Report)

Thermo Fisher Scientific (NYSE: TMO) is a global provider of scientific instrumentation, reagents and consumables, software, and services that support research, clinical, and industrial laboratories. The company supplies analytical instruments and laboratory equipment, life sciences reagents and kits, specialty diagnostics, and a broad range of consumables used by researchers, clinicians, and manufacturers. Its offerings also include laboratory information management and data-analysis software, as well as service solutions such as instrument maintenance, validation, and logistics that help customers run complex workflows efficiently.

Thermo Fisher operates through multiple business areas that broadly cover life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services, including contract development and manufacturing for pharmaceutical and biotechnology companies.

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