Are Things Looking Up For Bio-Techne Corp (NASDAQ: TECH)?

After Hours

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Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Bio-Techne Corp is $12.30B. A total of 0.69 million shares were traded on the day, compared to an average of 908.72K shares.

In the most recent transaction, BAUMGARTNER ROBERT V sold 16,000 shares of TECH for 72.10 per share on Aug 08 ’24. After the transaction, the Director now owns 43,401 company shares. In a previous transaction on Aug 08 ’24, ROBERT V. BAUMGARTNER bought 16,000 shares at 72.10 per share.

Among the insiders who sold shares, HIGGINS JOHN L disposed of 4,000 shares on May 14 ’24 at a per-share price of $83.84. This resulted in the Director holding 36,608 shares of TECH after the transaction. In another insider transaction, Nusse Roeland sold 10,400 shares at $76.98 per share on Mar 07 ’24. Company shares held by the Director now total 43,097.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Bio-Techne Corp pays an annual dividend of $0.32, resulting in a dividend yield of 0.42%, and it has a price to earnings (P/E) ratio of 80.76. TECH’s most recent ex-dividend date was 11/8/2024 when it declared a $0.08 quarterly dividend that was paid in cash on 11/22/2024. Previously, the company paid the dividend on 8/30/2024 with an ex-dividend date of 8/19/2024. The TECH stock dividend was $0.08 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, TECH has a high of $85.57 and a low of $52.99.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TECH’s latest balance sheet shows that the firm has $247.03M in Cash & Short Term Investments as of fiscal 2022. There were $325.97M in debt and $176.02M in liabilities at the time. Its Book Value Per Share was $13.08, while its Total Shareholder’s Equity was $1.70B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TECH is Buy with a score of 4.54.

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