Bio-Rad Laboratories, Inc. manufactures and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. It operates through two segments, Life Science and Clinical Diagnostics. The company develops, manufactures, and markets instruments, systems, reagents, and consumables to separate, purify, characterize, and quantitate biological materials, such as cells, proteins, and nucleic acids used in biopharmaceutical manufacturing, quality control process, food safety, and science education applications. It also designs, manufactures, markets, and supports test systems, informatics systems, test kits, and specialized quality controls for hospitals, diagnostic reference, and transfusion and physician office laboratories. The company offers its products through its direct sales force, as well as through distributors, agents, brokers, and resellers. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California.
Growth Prospects | Analyst targets suggest up to 21% upside, with price ranges from $400 to $469, reflecting confidence in Bio-Rad's margin expansion potential |
Operational Challenges | Delve into Bio-Rad's strategic responses to product launch delays and macroeconomic pressures in the Life Science Tools secto |
Tech Advancements | Explore Bio-Rad's digital droplet PCR technology resurgence and its potential impact on revenue expansion and market positioning |
Financial Resilience | Bio-Rad demonstrates robust financial health with strong EBITDA and current ratio, surpassing estimates despite market headwinds |
Metrics to compare | BIO | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBIOPeersSector | |
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P/E Ratio | −3.1x | −2.7x | −0.5x | |
PEG Ratio | 0.01 | 0.12 | 0.00 | |
Price / Book | 1.0x | 1.1x | 2.6x | |
Price / LTM Sales | 2.6x | 1.8x | 2.9x | |
Upside (Analyst Target) | 33.8% | 83.7% | 45.8% | |
Fair Value Upside | Unlock | 31.4% | 8.6% | Unlock |