TECH 📈 Bio-Techne - Overview
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US09073M1045
TECH: Reagents, Instruments, Services, Diagnostics, Genomics, Assays, Controls
Bio-Techne Corp is a leading developer, manufacturer, and supplier of life science reagents, instruments, and services, catering to the global research, diagnostics, and bioprocessing markets. The company's operations are divided into two primary segments: Protein Sciences and Diagnostics and Genomics. Through these segments, Bio-Techne Corp provides a comprehensive range of products and services that facilitate advancements in life science research, diagnostics, and cell and gene therapy.
The Protein Sciences segment is focused on developing and manufacturing biological reagents, including cytokines, growth factors, antibodies, and small molecules, which are used in various aspects of life science research and diagnostics. Additionally, this segment offers proteomic analytical tools, such as automated western blot and multiplexed ELISA workflow solutions, which enable researchers to quantify proteins in various biological fluids. These tools are designed to streamline protein analysis and provide accurate results, thereby accelerating the discovery and development of new therapies.
The Diagnostics and Genomics segment is dedicated to developing and manufacturing diagnostic products, including controls, calibrators, and diagnostic assays for the regulated diagnostics market. This segment also offers exosome-based molecular diagnostic assays, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications. Furthermore, the company provides products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications.
Bio-Techne Corp has established strategic partnerships to accelerate breakthroughs in various fields, including neurodegenerative disease research and treatment. For instance, the company has partnered with ALZpath, Inc. to advance research and treatment of Alzheimer's disease. With a history dating back to 1976, Bio-Techne Corp has evolved significantly, changing its name from Techne Corporation to Bio-Techne Corporation in 2014. The company is headquartered in Minneapolis, Minnesota, and its common stock is listed on the NASDAQ stock exchange under the ticker symbol TECH.
As a leading player in the life sciences tools and services industry, Bio-Techne Corp is committed to providing innovative products and services that enable researchers, clinicians, and scientists to advance their work and make new discoveries. With a strong focus on research and development, the company continues to expand its product portfolio and capabilities, addressing the evolving needs of the life science community. Through its website, https://www.bio-techne.com, Bio-Techne Corp provides access to its products, services, and resources, facilitating collaboration and innovation in the life sciences industry.
Additional Sources for TECH Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
TECH Stock Overview
Market Cap in USD | 12,101m |
Sector | Healthcare |
Industry | Biotechnology |
GiC Sub-Industry | Life Sciences Tools & Services |
IPO / Inception | 1989-02-09 |
TECH Stock Ratings
Growth 5y | 16.0% |
Fundamental | 40.5% |
Dividend | 35.4% |
Rel. Strength Industry | -417 |
Analysts | 4.4/5 |
Fair Price Momentum | 65.89 USD |
Fair Price DCF | 39.42 USD |
TECH Dividends
Dividend Yield 12m | 0.44% |
Yield on Cost 5y | 0.59% |
Annual Growth 5y | 0.00% |
Payout Consistency | 95.3% |
TECH Growth Ratios
Growth Correlation 3m | -0.3% |
Growth Correlation 12m | 24.6% |
Growth Correlation 5y | 2.2% |
CAGR 5y | 6.21% |
CAGR/Mean DD 5y | 0.24 |
Sharpe Ratio 12m | -0.09 |
Alpha | -32.83 |
Beta | 1.08 |
Volatility | 38.91% |
Current Volume | 2221.2k |
Average Volume 20d | 795.5k |
As of December 21, 2024, the stock is trading at USD 73.17 with a total of 2,221,150 shares traded.
Over the past week, the price has changed by -6.90%, over one month by +7.56%, over three months by -11.07% and over the past year by -7.39%.
Partly, yes. Based on ValueRay Fundamental Analyses, Bio-Techne (NASDAQ:TECH) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 40.48 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TECH as of December 2024 is 65.89. This means that TECH is currently overvalued and has a potential downside of -9.95%.
Bio-Techne has received a consensus analysts rating of 4.40. Therefor, it is recommend to buy TECH.
- Strong Buy: 9
- Buy: 3
- Hold: 3
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, TECH Bio-Techne will be worth about 73.3 in December 2025. The stock is currently trading at 73.17. This means that the stock has a potential upside of +0.18%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 85.3 | 16.5% |
Analysts Target Price | 101 | 38% |
ValueRay Target Price | 73.3 | 0.2% |