Analysts Point To Bio-Techne Corp (NASDAQ: TECH) Growth In The Future

After Hours

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.

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Stocks Info

As a NASDAQ listed company, TECH falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Bio-Techne Corp is $12.06B. A total of 1.46 million shares were traded on the day, compared to an average of 846.14K 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. 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 80.92. 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, TECH has a high of $85.57 and a low of $56.45.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $13.46, while its Total Shareholder’s Equity was $1.70B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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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