Shaers of Thermo Fisher Scientific Inc. (NYSE:TMO) have been recommended as a long term growth pick according to Beta Research. With the firm’s stock price currently trading around $192.64, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 13.90% earnings per share growth over the past 5 years and 9.60% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Thermo Fisher Scientific Inc. (NYSE:TMO)’s stock was 36.53%. Over the last week of the month, it was 1.21%, 6.90% over the last quarter, and 26.02% for the past six months.
Over the past 50 days, Thermo Fisher Scientific Inc.’s stock is -0.85% off of the high and 13.27% removed from the low. Their 52-Week High and Low are as follows: -0.85% (High), 38.52%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $207.00 on the equity. Analysts have a consensus recommendation of 1.50 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.