Don't Take a Position in Bio-Techne Stocks Without Knowing Its Fundamentals!

By Chris Stiles • Tuesday, September 19 10:01 • Permanent Link

Bio-Techne logged a -0.2% change during today's morning session, and is now trading at a price of $71.03 per share. The S&P 500 index moved -0.0%. TECH's trading volume is 20,727 compared to the stock's average volume of 822,269.

Bio-Techne trades -30.36% away from its average analyst target price of $102.0 per share. The 11 analysts following the stock have set target prices ranging from $86.0 to $120.0, and on average have given Bio-Techne a rating of buy.

If you are considering an investment in TECH, you'll want to know the following:

Bio-Techne's current price is 260.9% above its Graham number of $19.68, which implies that at its current valuation it does not offer a margin of safety
Bio-Techne has moved -5.0% over the last year, and the S&P 500 logged a change of 16.0%
Based on its trailing earnings per share of 1.76, Bio-Techne has a trailing 12 month Price to Earnings (P/E) ratio of 40.4 while the S&P 500 average is 15.97
TECH has a forward P/E ratio of 30.4 based on its forward 12 month price to earnings (EPS) of $2.34 per share
The company has a price to earnings growth (PEG) ratio of 2.6 — a number near or below 1 signifying that Bio-Techne is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 5.69 compared to its sector average of 4.16
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.
Based in Minneapolis, the company has 3,050 full time employees and a market cap of $11.24 Billion. Bio-Techne currently returns an annual dividend yield of 0.4%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.