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TECH $62.8

TECH target price
62.80
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0
Bio-Techne Corporation
Type
Public
Traded as
  • NASDAQ: TECH
  • S&P 400 Component
Industry
  • biotechnology
  • clinical diagnostic
Founded 1976
Founder Dr. Roger C. Lucas
Headquarters Minneapolis, Minnesota, United States
Key people
Chuck Kummeth (President, CEO)
Products 24,000 products, 14,000 of which are antibodies (2014)
Revenue
  • Increase $452M (2015)
  • Increase $358M (2014)
Number of employees
>1,000 (2014)
Website Bio-Techne
Footnotes / references

Bio-Techne Corporation is a holding company for biotechnology and clinical diagnostic brands. It was founded in 1976 as Techne Corporation and changed its name to Bio-Techne in 2014. The company's brands include flagship R&D Systems (Research and Diagnostic Systems Inc.), Boston Biochem, Tocris Bioscience, BiosPacific and Bionostics. The company's products are used in both clinical and research contexts. The company was co-founded as a "hematology controls developer" by Dr. Roger C. Lucas, who presently serves as its Chief Scientific Advisor.

Bio-Techne is listed on the NASDAQ under the ticker symbol TECH. Writing for Forbes from an investor's perspective, John Reese praised the management team saying it "...appears to be doing a solid job...", a sentiment echoed by Philip van Doorn, writing for Dow Jones MarketWatch. Interviewing investor Edward B. White for the New York Times, Carole Gould noted that White thought the chief executive, Thomas Oland, was a "deeply committed scientist."

Beginning in 2013, the company's chief executive officer was Chuck Kummeth, who had previously been employed by Thermo Fisher Scientific.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2023 2022-10-31 Future report Set alerts
Q4 2022 2022-08-04 2.05 2.05
Q3 2022 2022-05-04 2.14 2.14
Q2 2022 2022-02-01 1.88 1.88
Q1 2022 2021-11-02 1.83 1.83
Q4 2021 2021-08-05 0.00 0.00
Q3 2021 2021-05-06 1.79 1.79
Q2 2021 2021-02-02 1.62 1.62
Q1 2021 2020-11-05 0.00 0.00
Q4 2020 2020-08-04 1.00 1.48

Ratings

2016-07-10 Reiterated Rating Leerink Swann Hold
2016-05-05 Reiterated Rating Leerink Swann Hold $105.00
2016-05-03 Upgrade Janney Montgomery Scott Neutral to Buy $100.00 to $118.00
2016-02-03 Boost Price Target Robert W. Baird Outperform $100.00 to $102.00
2015-11-02 Lower Price Target Craig Hallum Buy $125.00 to $110.00
2015-10-29 Lower Price Target Leerink Swann $107.00 to $93.00
2015-10-29 Downgrade Stephens Overweight to Equal Weight
2015-10-28 Downgrade Janney Montgomery Scott Buy to Neutral
2015-01-21 Boost Price Target Robert W. Baird Outperform $102.00 to $104.00
2014-12-10 Upgrade Janney Montgomery Scott Neutral to Buy
2014-08-22 Initiated Coverage Stephens Overweight
2014-08-12 Reiterated Rating Janney Montgomery Scott Fair Value $93.00 to $101.00
2014-04-29 Boost Price Target Leerink Swann Market Perform $86.00 to $93.00
2014-02-10 Upgrade William Blair Market Perform to Outperform
2013-09-20 Upgrade Robert W. Baird Neutral to Outperform $76.00 to $90.00
2012-06-08 Initiated William Blair Mkt Perform
2012-02-01 Downgrade Robert W. Baird Outperform to Neutral $81 to $71
2009-02-04 Upgrade Robert W. Baird Neutral to Outperform $76 to $69
2009-02-04 Reiterated Leerink Swann Outperform $73.50 to $59.50
2008-10-13 Upgrade Leerink Swann Mkt Perform to Outperform
2008-04-18 Downgrade Robert W. Baird Outperform to Neutral $71
2007-09-07 Downgrade Leerink Swann Outperform to Mkt Perform
2007-01-31 Downgrade First Analysis Sec Overweight to Equal-Weight
2016-07-10 Reiterated Rating Leerink Swann Hold
2016-05-05 Reiterated Rating Leerink Swann Hold $105.00
2016-05-03 Upgrade Janney Montgomery Scott Neutral to Buy $100.00 to $118.00
2016-02-03 Boost Price Target Robert W. Baird Outperform $100.00 to $102.00
2015-11-02 Lower Price Target Craig Hallum Buy $125.00 to $110.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
TECHNE CORP /MN/ 16.85%  (6235056) TECH /
OLAND THOMAS E CEO, President 3.18%  (1177420) TECH /
Kummeth Charles R. Chief Executive Officer 0.23%  (84472) SPA / TECH /
OCONNELL HOWARD V 0.19%  (70000) TECH /
VERONNEAU MARCEL VP Hematology Operations 0.09%  (34604) TECH /
Dinarello Charles A 0.02%  (8212) TECH /
BAUMGARTNER ROBERT V 0.02%  (7712) TECH /
Nusse Roeland 0.01%  (4712) TECH /
WIENS HAROLD J 0.01%  (4212) TECH /
STEER RANDOLPH C 0.01%  (3712) CAPS / TECH / VTL /
EANSOR N DAVID SVP - Novus Biologicals 0.01%  (3402) TECH /
Hippel James Chief Financial Officer 0.01%  (3079) TECH /
HIGGINS JOHN L 0.01%  (3012) BCRX / LGND / TECH /
LUCAS ROGER C 0.01%  (1870) CCXI / TECH /