NYSE:HAE

Haemonetics (HAE) Stock Price, News & Analysis

$87.07
+0.85 (+0.99%)
(As of 03:27 PM ET)
Today's Range
$84.46
$87.23
50-Day Range
$71.41
$87.05
52-Week Range
$70.74
$95.26
Volume
231,004 shs
Average Volume
445,570 shs
Market Capitalization
$4.42 billion
P/E Ratio
35.39
Dividend Yield
N/A
Price Target
$104.67

Haemonetics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.9% Upside
$104.67 Price Target
Short Interest
Bearish
4.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.54
Upright™ Environmental Score
News Sentiment
1.22mentions of Haemonetics in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.34%
From $3.95 to $4.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.04 out of 5 stars

Medical Sector

105th out of 907 stocks

Surgical & Medical Instruments Industry

16th out of 96 stocks

HAE stock logo

About Haemonetics Stock (NYSE:HAE)

Haemonetics Corporation, a healthcare company, provides suite of medical products and solutions in the United States and internationally. The company offers automated plasma collection systems, donor management software, and supporting software solutions including NexSys PCS and PCS2 plasmapheresis equipment and related disposables and intravenous solutions, as well as integrated information technology platforms for plasma customers to manage their donors, operations, and supply chain; and NexLynk DMS donor management system, and Donor360. It also provides automated blood component and manual whole blood collection systems, such as MCS brand apheresis equipment to collect specific blood components from the donor; disposable whole blood collection and component storage sets; SafeTrace Tx blood bank information system; and BloodTrack blood management software, a suite of blood management and bedside transfusion solutions that combines software with hardware components, as well as an extension of the hospital's blood bank information system. In addition, the company offers hospital products comprising TEG, ClotPro, and HAS hemostasis analyzer systems that provide a comprehensive assessment of a patient's overall hemostasis; and TEG Manager software, which connects various TEG analyzers throughout the hospital, providing clinicians remote access to active and historical test results that inform treatment decisions. Further, it provides Cell Saver Elite +, an autologous blood recovery system for cardiovascular, orthopedic, trauma, transplant, vascular, obstetrical, and gynecological surgeries; and VASCADE products comprising VASCADE and VASCADE MVP, a technology platform which offers catheter-based delivery system and leverages the natural clot including collagen. The company sells its products through direct sales force, independent distributors, and sales representatives. Haemonetics Corporation was founded in 1971 and is headquartered in Boston, Massachusetts.

HAE Stock Price History

HAE Stock News Headlines

Haemonetics Co. (NYSE:HAE) Short Interest Down 6.4% in March
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Haemonetics Corporation
Haemonetics Corp.
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Company Calendar

Last Earnings
2/08/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Supplies
CUSIP
40502410
Employees
3,034
Year Founded
1971

Price Target and Rating

Average Stock Price Target
$104.67
High Stock Price Target
$115.00
Low Stock Price Target
$94.00
Potential Upside/Downside
+22.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$115.40 million
Pretax Margin
12.68%

Debt

Sales & Book Value

Annual Sales
$1.17 billion
Cash Flow
$5.01 per share
Book Value
$16.22 per share

Miscellaneous

Free Float
49,877,000
Market Cap
$4.35 billion
Optionable
Optionable
Beta
0.36

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HAE Stock Analysis - Frequently Asked Questions

Should I buy or sell Haemonetics stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Haemonetics in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HAE shares.
View HAE analyst ratings
or view top-rated stocks.

What is Haemonetics' stock price target for 2024?

2 brokerages have issued twelve-month price targets for Haemonetics' stock. Their HAE share price targets range from $94.00 to $115.00. On average, they predict the company's share price to reach $104.67 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
View analysts price targets for HAE
or view top-rated stocks among Wall Street analysts.

How have HAE shares performed in 2024?

Haemonetics' stock was trading at $85.51 at the start of the year. Since then, HAE stock has increased by 1.2% and is now trading at $86.55.
View the best growth stocks for 2024 here
.

Are investors shorting Haemonetics?

Haemonetics saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,240,000 shares, an increase of 9.8% from the March 31st total of 2,040,000 shares. Based on an average trading volume of 476,900 shares, the days-to-cover ratio is presently 4.7 days. Approximately 4.5% of the shares of the company are short sold.
View Haemonetics' Short Interest
.

When is Haemonetics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our HAE earnings forecast
.

How can I listen to Haemonetics' earnings call?

Haemonetics will be holding an earnings conference call on Thursday, May 9th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Haemonetics' earnings last quarter?

Haemonetics Co. (NYSE:HAE) issued its quarterly earnings results on Thursday, February, 8th. The medical instruments supplier reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.94 by $0.10. The medical instruments supplier earned $336.20 million during the quarter, compared to analyst estimates of $320.84 million. Haemonetics had a net margin of 9.97% and a trailing twelve-month return on equity of 22.37%. The company's quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.85 earnings per share.

What guidance has Haemonetics issued on next quarter's earnings?

Haemonetics updated its FY24 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of $3.90-4.00 for the period, compared to the consensus EPS estimate of $3.89. The company issued revenue guidance of ~$1.28-1.31 billion, compared to the consensus revenue estimate of $1.27 billion.

What is Christopher Simon's approval rating as Haemonetics' CEO?

48 employees have rated Haemonetics Chief Executive Officer Christopher Simon on Glassdoor.com. Christopher Simon has an approval rating of 63% among the company's employees. This puts Christopher Simon in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Haemonetics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Haemonetics investors own include NVIDIA (NVDA), Micron Technology (MU), Johnson & Johnson (JNJ), AbbVie (ABBV), Citigroup (C), Align Technology (ALGN), Chipotle Mexican Grill (CMG), Netflix (NFLX) and Pfizer (PFE).

Who are Haemonetics' major shareholders?

Haemonetics' stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.99%), Rice Hall James & Associates LLC (0.09%), Los Angeles Capital Management LLC (0.05%), Amalgamated Bank (0.05%), CWM LLC (0.05%) and Dynamic Advisor Solutions LLC (0.04%). Insiders that own company stock include Anila Lingamneni, Christopher Simon, Dan Goldstein, Jacqueline Scanlan, Josep Llorens, Laurie A Miller, Mark W Kroll, Mark W Kroll, Michelle L Basil, Michelle L Basil, Stewart W Strong and William P Mr Burke.
View institutional ownership trends
.

How do I buy shares of Haemonetics?

Shares of HAE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HAE) was last updated on 4/25/2024 by MarketBeat.com Staff

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