Bio-Techne Corp. TECH
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Bio-Techne Corp. (TECH) Business Model and Operations Summary
Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. It reports in two segments: protein sciences (75% of revenue) and diagnostics and genomics (25%). The protein sciences segment sells reagents and analytical instruments used in life sciences research, including antibodies used in protein analysis. The diagnostics and genomics segment sells diagnostic reagents, molecular diagnostics, and spatial biology products. The United States accounts for about 55% of revenue. The firm also has operations in Europe, the Middle East, and Africa (20% of sales), the UK (5%), and Asia-Pacific (15%), with the rest of the world accounting for the remaining 5%.
Key Insights
Bio-Techne Corp. (TECH) Core Market Data and Business Metrics
Latest Closing Price
$57.35Market Cap
$9.05 BillionPrice-Earnings Ratio
60.37Total Outstanding Shares
158.09 Million SharesTotal Employees
3,100Dividend
$0.08 Per Share QuarterlyIPO Date
December 9, 1992SIC Description
Biological Products, (no Disgnostic Substances)Primary Exchange
NASDAQHeadquarters
614 Mckinley Pl N E, Minneapolis, MN, 55413
Historical Stock Splits
If you bought 1 share of TECH before November 30, 2022, you'd have 4 shares today.
Execution Date | Split Amount |
---|---|
November 30, 2022 | 4-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Net Cash Flow | $27.40 Million |
Net Cash Flow From Operating Activities, Continuing | $303.49 Million |
Net Cash Flow From Financing Activities | $-205.48 Million |
Net Cash Flow From Investing Activities | $-70.60 Million |
Net Cash Flow From Operating Activities | $303.49 Million |
Net Cash Flow, Continuing | $27.40 Million |
Income Statement
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Preferred Stock Dividends And Other Adjustments | $20,000 |
Basic Average Shares | $473.43 Million |
Other Operating Expenses | $96.53 Million |
Benefits Costs and Expenses | $995.28 Million |
Costs And Expenses | $995.28 Million |
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $40,000 |
Comprehensive Income
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income/Loss | $154.29 Million |
Other Comprehensive Income/Loss | $17.93 Million |
Comprehensive Income/Loss Attributable To Parent | $168.64 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
Metric | Value |
---|---|
Fixed Assets | $253.94 Million |
Inventory | $185.04 Million |
Current Assets | $648.57 Million |
Accounts Payable | $31.56 Million |
Other Current Assets | $463.53 Million |
Current Liabilities | $142.13 Million |
Historical Dividends
Current dividend: $0.08 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Feb 5, 2025 | Feb 28, 2025 | Feb 17, 2025 | $0.08 | Quarterly |
Oct 30, 2024 | Nov 22, 2024 | Nov 11, 2024 | $0.08 | Quarterly |
Aug 7, 2024 | Aug 30, 2024 | Aug 19, 2024 | $0.08 | Quarterly |
May 1, 2024 | May 24, 2024 | May 13, 2024 | $0.08 | Quarterly |
Feb 1, 2024 | Feb 26, 2024 | Feb 12, 2024 | $0.08 | Quarterly |
Oct 31, 2023 | Nov 24, 2023 | Nov 10, 2023 | $0.08 | Quarterly |