Thermo Fisher Scientific Inc. (TMO) Stock Forecast & Predictions

Thermo Fisher Scientific Inc. TMO: $465.15

168 3rd Ave, Waltham, Massachusetts, US. | Sector: Professional, Scientific, and Technical Services | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.thermofisher.com

  • Market Cap$182.82B
  • Change (52 Weeks)37.12%
  • Low (52 Weeks)$333.33
  • Thermo Fisher Scientific Inc. (TMO) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Thermo Fisher Scientific Inc. (TMO) stock price is $465.15 and the 52 weeks low is $333.33, which means the Thermo Fisher Scientific Inc. stock price is up 37.12% in the last 12 months.

    Thermo Fisher Scientific Inc. (TMO) Stock Price has been Trending Strongly with an ADX reading of 33.58 as per the Weekly Chart.

    A Upward trend indicates that Thermo Fisher Scientific Inc. (TMO) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that TMO Stock price might rise further, 31.25% indicating that TMO Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall TMO stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Thermo Fisher Scientific Inc. (TMO) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Thermo Fisher Scientific Inc. (TMO) is based on 26 Institutional Analyst Ratings where 46.15% are on Strong Buy, 38.46% on Moderate Buy, 15.38% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 26 Institutional Analysts, majority recommended TMO stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Thermo Fisher Scientific Inc..

    Thermo Fisher Scientific Inc. (TMO) Stock Price Prediction By Analysts


    HighLowAverage
    $643.65$505.00$569.24
    $569.2422.38% Upside
    Updated: 2021-05-25 00:00:00

    The Average Price target for TMO set by the institutional analysts is $569.24 where High Estimate is $643.65, Median $569.925 and Low $505.00.

    The average price target for TMO by Institutional Analysts is $569.24, which is 22.38% Upside from the current price. So according to the Institutional Analysts, TMO Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Thermo Fisher Scientific Inc. (TMO) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 427,502 investor portfolio.

    Our algorithm has analysed 427,502 investor portfolio with TMO stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about TMO and holding their positions hoping for a further rise in the stock price and more profit.

    Thermo Fisher Scientific Inc. (TMO) Stock Forecast Based on News Sentiment


    Neutral
    Based on 9 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of TMO consisting of positive and negative, it shows that Thermo Fisher Scientific Inc. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so TMO stock price most likey won't have any reaction to last weeks news coverage.

    Thermo Fisher Scientific Inc. (TMO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Evercore ISI GroupOutperformMaintained
    UBSBuyMaintained
    KeyBancOverweightUpgraded
    BarclaysOverweightInitiated
    BTIGBuyMaintained
    UBSBuyMaintained
    SVB LeerinkOutperformMaintained
    StifelBuyMaintained
    Morgan StanleyOverweightMaintained
    Cowen & Co.OutperformMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformUpgraded
    CitigroupNeutralDowngraded
    Credit SuisseNeutralMaintained
    KeyBancSector WeightInitiated
    SVB LeerinkOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Atlantic EquitiesOverweightInitiated
    NeedhamBuyMaintained
    Morgan StanleyOverweightInitiated
    SVB LeerinkOutperformMaintained
    Credit SuisseNeutralMaintained
    B of A SecuritiesBuyMaintained
    Credit SuisseNeutralMaintained
    JP MorganOverweightReiterated
    SVB LeerinkOutperformMaintained
    NeedhamBuyMaintained
    Cleveland ResearchBuyUpgraded
    NeedhamBuyMaintained
    NeedhamBuyMaintained
    CitigroupBuyMaintained
    Wells FargoEqual-WeightMaintained
    StifelBuyMaintained
    Wells FargoEqual-WeightMaintained
    CitigroupBuyMaintained
    BairdOutperformMaintained
    Wells FargoEqual-WeightMaintained
    CitigroupBuyMaintained
    BTIGBuyMaintained
    BairdOutperformMaintained
    Credit SuisseNeutralInitiated
    Wells FargoEqual-WeightInitiated
    CitigroupBuyInitiated
    Stifel NicolausBuyInitiated
    BairdOutperformMaintained
    NeedhamBuyMaintained
    NeedhamBuyDowngraded
    UBSBuyMaintained
    Argus ResearchBuyMaintained
    BairdOutperformMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    NeedhamStrong BuyInitiated
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    BairdOutperformMaintained
    Cleveland ResearchNeutralDowngraded
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Goldman SachsNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    BTIG ResearchBuyInitiated
    Evercore ISI GroupOutperformInitiated
    Deutsche BankBuyMaintained
    Leerink SwannOutperformMaintained
    BarclaysOverweightMaintained
    Cantor FitzgeraldOverweightInitiated
    Deutsche BankBuyInitiated
    Deutsche BankBuyInitiated
    UBSBuyMaintained
    Cleveland ResearchNeutralDowngraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    JefferiesHoldDowngraded
    Deutsche BankBuyInitiated
    Avondale PartnersMarket OutperformInitiated
    Leerink SwannOutperformMaintained
    BairdOutperformMaintained
    JP MorganOverweightMaintained
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    UBSBuyInitiated
    Stifel NicolausBuyMaintained
    BTIG ResearchNeutralInitiated
    Morgan StanleyOverweightInitiated
    Stifel NicolausBuyInitiated
    MacquarieOutperformMaintained
    Bank of AmericaBuyMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Bank of AmericaBuyMaintained
    JefferiesBuyMaintained
    Janney CapitalBuyInitiated
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    CitigroupBuyMaintained
    UBSBuyMaintained
    JP MorganOverweightUpgraded
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    JefferiesBuyMaintained
    ISI GroupBuyMaintained
    Bank of AmericaBuyMaintained
    UBSBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    JP MorganNeutralMaintained
    JefferiesBuyMaintained
    ISI GroupOverweightMaintained
    Goldman SachsNeutralMaintained
    Cantor FitzgeraldBuyMaintained
    Wells FargoOutperformUpgraded
    WallachbethBuyInitiated
    JefferiesBuyMaintained
    ISI GroupOverweightMaintained
    BarclaysOverweightMaintained
    ISI GroupOverweightInitiated
    MizuhoNeutralDowngraded
    UBSBuyMaintained
    JP MorganNeutralMaintained
    Morgan StanleyOverweightInitiated

    Thermo Fisher Scientific Inc. (TMO) Stock Earning Per Share (EPS) Forecast / Estimate


    $4.794
    The average consensus EPS for TMO is $4.794 with a high estimate of $5.324 and Low of $4.263 for the period 2021-09-30 and based on 20 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $7.21$6.6993299999999992021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$5.55260632021-06-30
    $7.21$6.6993299999999992021-03-31
    $7.09$5.3642816999999992020-12-31
    $5.63$4.3563724000000012020-09-30
    $3.89$3.449152020-06-30
    $2.94$2.8227482020-03-31
    $3.55$3.57373352019-12-31
    $2.94$2.90033622019-09-30
    $3.04$3.0267682019-06-30
    $2.81$2.75777472019-03-31
    $3.25$3.21395129999999972018-12-31
    $2.62$2.5732782018-09-30
    $2.75$2.64879572018-06-30
    $2.5$2.4255152018-03-31
    $2.79$2.69085210000000032017-12-31
    $2.31$2.26869232017-09-30
    $2.3$2.287652017-06-30
    $2.08$2.0427252017-03-31
    $2.41$2.40043669999999982016-12-31
    $2.03$1.99159882016-09-30
    $2.03$2.02890822016-06-30
    $1.8$1.75899579999999992016-03-31
    $2.12$2.1285752015-12-31
    $1.8$1.80677892015-09-30
    $1.84$1.79836562015-06-30
    $1.63$1.62503950000000022015-03-31
    $1.99$1.95883442014-12-31
    $1.71$1.70689999999999992014-09-30
    $1.72$1.64071470000000022014-06-30
    $1.53$1.41368692014-03-31
    $1.43$1.38845712013-12-31
    $1.3$1.29387060000000022013-09-30
    $1.32$1.31454532013-06-30
    $1.37$1.30307172013-03-31
    $1.36$1.29399182012-12-31
    $1.19$1.17399369999999982012-09-30
    $1.22$1.17096372012-06-30
    $1.17$1.12377652012-03-31
    $1.18$1.16580260000000012011-12-31
    $1.07$1.08147772011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).