Haemonetics Corp HAE

Morningstar Rating
$76.19 +1.19 (1.59%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HAE is trading at a LOCK|!LPgQ premium.
Price
$76.19
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$75.00
Day Range
$74.6776.58
52-Week Range
$47.3287.32
Bid/Ask
$57.40 / $88.88
Shares Outstanding
45.45M
Market Cap
$3.46B
Volume/Avg
456,265 / 885,823

Key Statistics

Price/Earnings (Normalized)
15.07
Price/Sales
2.66
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
5.05%

Company Profile

Haemonetics Corp aims to improve patient care and reduce the cost of healthcare by providing medical products and solutions in the blood and plasma component collection, surgical suite, and hospital transfusion service spaces. As such, the company operates under three segments: plasma, blood center, and hospital. The company emphasizes its plasma and hospital segments due to their robust growth potential, whereas the blood center segment tends to be constrained by higher competition. Product revenue is driven by demand for disposable blood component collection and processing sets and the related equipment needed for proper functionality.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
3,009

Competitors

Valuation

Metric
HAE
MDT
Price/Earnings (Normalized)
15.0714.99
Price/Book Value
4.262.12
Price/Sales
2.662.90
Price/Cash Flow
11.5812.07
Price/Earnings
HAE
MDT

Financial Strength

Metric
HAE
MDT
Quick Ratio
1.641.36
Current Ratio
2.952.13
Interest Coverage
5.469.58
Quick Ratio
HAE
MDT

Profitability

Metric
HAE
MDT
Return on Assets (Normalized)
9.59%7.76%
Return on Equity (Normalized)
27.55%14.65%
Return on Invested Capital (Normalized)
12.35%9.93%
Return on Assets
HAE
MDT

Medical Devices Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|F&!z?%LOCK|>cbJB$164B
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LOCK|N$#&v%?!LOCK|Ysq$126B
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MDT
LOCK|#>JF?^nLOCK|T<#j#$107B
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Edwards Lifesciences Corp
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LOCK|DnnLH@HLOCK|jj?gb$53B
GE HealthCare Technologies Inc Common Stock
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LOCK|&nz?lr^LOCK|@j$29B
DexCom Inc
DXCM
LOCK|?wnKH!mLOCK|Fr><$29B
Koninklijke Philips NV ADR
PHG
LOCK|^JLOCK|rw$27B
Steris PLC
STE
LOCK|PV<&CFLOCK|>!N^?$21B
Zimmer Biomet Holdings Inc
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LOCK|&Vt!gk?&LOCK|rm$18B

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