Thermo Fisher Scientific

Equities

TMO

US8835561023

Advanced Medical Equipment & Technology

Delayed Nyse Other stock markets 03:51:06 2024-04-19 pm EDT			5-day change	1st Jan Change
545.3 ^USD	+0.71%		-3.54%	+2.71%

Apr. 17	TD Cowen Raises Price Target on Thermo Fisher Scientific to $644 From $612	MT
Apr. 17	HSBC Adjusts Thermo Fisher Scientific Price Target to $660 From $630	MT

Thermo Fisher Scientific : Expands Lab Plastics Production for Covid-19 Supplies

September 15, 2020 at 08:25 am EDT

By Matt Grossman

Thermo Fisher Scientific Inc. will invest $140 million to expand its production of consumable plastic products to respond to global demand for Covid-19 testing, treatment and vaccine needs, the company said Tuesday.

The plan will create 1,000 jobs, increase automation, and optimize warehouse and sterilization capacity, Thermo Fisher said. The expansion will take place at the company's sites in Rochester, N.Y.; Petaluma, Calif.; Monterrey and Tijuana, Mexico; and Joensuu, Finland.

The company's plastic products include beakers, pipettes and diagnostic plates.

Write to Matt Grossman at matt.grossman@wsj.com

Latest news about Thermo Fisher Scientific

TD Cowen Raises Price Target on Thermo Fisher Scientific to $644 From $612	Apr. 17	MT
HSBC Adjusts Thermo Fisher Scientific Price Target to $660 From $630	Apr. 17	MT
Thermo Fisher Scientific Inc. Introduces Animal Origin-Free Formulation to Support Scaling of Cell Therapy Manufacturing	Apr. 11	CI
Thermo Fisher Scientific Receives Shareholder Proposal from John Chevedden	Apr. 09	CI
Thermo Fisher Scientific Innovations at Analytica 2024 Optimize Workflows and Enable Precise Analysis Across Life Sciences, Applied and Industrial Markets	Apr. 09	CI
RBC Raises Price Target on Thermo Fisher Scientific to $657 From $642, Keeps Outperform Rating	Apr. 08	MT
Thermo Fisher Scientific Introduces Its Newest Line of High Performance, Ultra-Low Temperature Freezers	Apr. 08	CI
Pfizer, Baxter, Thermo Fisher, Others FTC Cautioned to Extend Merger Review Period	Apr. 04	MT
South Korean Trade Ministry, Thermo Fisher Scientific Explore Potential for Raw Biomaterials Facility	Mar. 28	MT
Thermo Fisher Scientific Announces A New In-Line Metrology Solution to Improve Battery Safety and Performance	Mar. 27	CI
Olink Swings to Q4 Net Loss, Revenue Rises	Mar. 25	MT
Bayer AG and Thermo Fisher Scientific Inc. Collaborate to Increase Patient Access to Precision Cancer Medicines	Mar. 20	CI
Thermo Fisher Scientific Insider Sold Shares Worth $5,945,759, According to a Recent SEC Filing	Mar. 14	MT
Thermo Fisher Scientific Insider Sold Shares Worth $11,933,356, According to a Recent SEC Filing	Mar. 13	MT
Thermo Fisher Scientific Insider Sold Shares Worth $8,591,221, According to a Recent SEC Filing	Mar. 13	MT
Thermo Fisher Scientific Inc. Launches Corevitas Clinical Registry in Generalized Pustular Psoriasis	Mar. 08	CI
Transcript : Thermo Fisher Scientific Inc. Presents at TD Cowen 44th Annual Health Care Conference 2024, Mar-06-2024 09:10 AM	Mar. 06
Thermo Fisher Scientific Insider Sold Shares Worth $5,710,818, According to a Recent SEC Filing	Mar. 04	MT
Thermo Fisher Scientific Extends Tender Offer Expiration for Olink Holding Shares	Mar. 01	MT
Thermo Fisher Scientific Insider Sold Shares Worth $11,348,955, According to a Recent SEC Filing	Feb. 29	MT
Agilent reports better-than-expected first quarter results, shares rise	Feb. 27	RE
LBT Innovations Delivers APAS Hardware, Software to Thermo Fisher	Feb. 23	MT
Thermo Fisher Scientific Raises Quarterly Dividend 11% to 39 Cents Per Share	Feb. 21	DJ
Thermo Fisher Scientific Increases Quarterly Dividend 11% to $0.39 Per Share, Payable April 15 to Shareholders of Record March 15	Feb. 21	MT
Thermo Fisher Scientific Inc. Increases Quarterly Cash Dividend, Payable on April 15, 2024	Feb. 21	CI

Chart Thermo Fisher Scientific

Duration

Period

More charts

Company Profile

Thermo Fisher Scientific Inc. specializes in the design, manufacturing and marketing of laboratory and scientific equipments. Net sales (including intragroup) break down by family of products as follows: - laboratory equipments (70%). Moreover, the group proposes chemical products (reagents, solvent, salts, etc.), consumable products (tubes, funnels, vials, etc.), as well as conditioning, warehousing, storage, etc.; - diagnostics equipment and products (15.3%); - scientific analysis equipments (14.7%): analyzer (of water, gas, grounds, etc.), mass spectrometers, molecular spectroscopes, microscopes, manometers, samplers, microbiology equipments, reactive agents, etc. Net sales break down by source of income into products sales (78.5%) and services (21.5%). Net sales break down geographically as follows: North America (53%), Europe (25.7%), Asia-Pacific (18.1%) and others (3.2%).

Sector

Advanced Medical Equipment & Technology

Calendar

2024-04-24 - Q1 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

More financial data

Ratings for Thermo Fisher Scientific

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

541.5 USD

Average target price

609.4 USD

Spread / Average Target

+12.53%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Advanced Medical Equipment & Technology

	1st Jan change	Capi.
THERMO FISHER SCIENTIFIC	+2.84%	207B
DANAHER CORPORATION	+1.79%	175B
INTUITIVE SURGICAL, INC.	+8.53%	132B
BOSTON SCIENTIFIC CORPORATION	+16.68%	99.1B
SIEMENS HEALTHINEERS AG	-3.42%	60.89B
EDWARDS LIFESCIENCES CORPORATION	+12.69%	52.04B
SHENZHEN MINDRAY BIO-MEDICAL ELECTRONICS CO., LTD.	-6.61%	45.48B
AGILENT TECHNOLOGIES, INC.	-4.68%	38.81B
GE HEALTHCARE TECHNOLOGIES INC.	+8.85%	38.77B
RESMED, INC.	+3.55%	26.09B

Other Advanced Medical Equipment & Technology