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Upturn stock ratingUpturn stock rating
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Haemonetics Corporation (HAE)

Upturn stock ratingUpturn stock rating
$63.02
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: HAE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -24.16%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.17B USD
Price to earnings Ratio 24.81
1Y Target Price 96.4
Price to earnings Ratio 24.81
1Y Target Price 96.4
Volume (30-day avg) 822321
Beta 0.43
52 Weeks Range 58.80 - 97.97
Updated Date 04/1/2025
52 Weeks Range 58.80 - 97.97
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.54

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.47%
Operating Margin (TTM) 18.97%

Management Effectiveness

Return on Assets (TTM) 6.33%
Return on Equity (TTM) 14.06%

Valuation

Trailing PE 24.81
Forward PE 12.64
Enterprise Value 4136786176
Price to Sales(TTM) 2.32
Enterprise Value 4136786176
Price to Sales(TTM) 2.32
Enterprise Value to Revenue 2.97
Enterprise Value to EBITDA 13.8
Shares Outstanding 50237500
Shares Floating 49750665
Shares Outstanding 50237500
Shares Floating 49750665
Percent Insiders 0.89
Percent Institutions 116.36

Analyst Ratings

Rating 4.1
Target Price 110.8
Buy 5
Strong Buy 3
Buy 5
Strong Buy 3
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Haemonetics Corporation

stock logo

Company Overview

overview logo History and Background

Haemonetics Corporation was founded in 1971. Initially focused on blood processing technology, it has evolved into a global provider of blood and plasma component collection, processing, and storage solutions.

business area logo Core Business Areas

  • Plasma: Solutions for plasma collection, including devices and disposables used in plasma centers.
  • Blood Center: Products for blood collection, processing, and storage in blood banks.
  • Hospital: Solutions for blood management in hospitals, including cell salvage and transfusion management systems.

leadership logo Leadership and Structure

Ronald Gelok is currently the CEO. The company has a typical corporate structure with various departments reporting to the CEO and executive leadership team.

Top Products and Market Share

overview logo Key Offerings

  • PCS Plasma Collection System: Automated system for collecting plasma. Competitors include Terumo BCT and Grifols. Market share for automated plasma collection systems is competitive, but Haemonetics is a major player. Estimated revenue can be found in their quarterly reports.
  • Cell Saver Elite+ Autotransfusion System: System for recovering and re-infusing a patient's own blood during surgery. Competitors include LivaNova. Haemonetics holds a significant market share in cell salvage technology. Estimated revenue can be found in their quarterly reports.
  • NexSys PCS System: Advanced plasma collection technology. Competitors include Terumo BCT. Market share is growing due to its efficiency. Estimated revenue can be found in their quarterly reports.

Market Dynamics

industry overview logo Industry Overview

The blood and plasma component industry is growing, driven by increasing demand for blood products and plasma-derived therapies.

Positioning

Haemonetics is a leading player with strong positions in plasma collection and hospital blood management. It competes on technology, service, and cost.

Total Addressable Market (TAM)

The global blood and plasma products market is estimated at $40 billion. Haemonetics is well-positioned within its segments to capture a portion of this TAM.

Upturn SWOT Analysis

Strengths

  • Strong market position in plasma collection
  • Innovative product portfolio
  • Established customer base
  • Global presence

Weaknesses

  • Dependence on plasma collection market
  • Exposure to regulatory changes
  • Competition from larger players
  • Fluctuations in hospital spending

Opportunities

  • Expanding into emerging markets
  • Developing new blood management technologies
  • Acquiring complementary businesses
  • Increasing demand for plasma-derived therapies

Threats

  • Pricing pressure from competitors
  • Disruptive technologies
  • Changes in reimbursement policies
  • Economic downturns

Competitors and Market Share

competitor logo Key Competitors

  • TER
  • BDX
  • GRFS

Competitive Landscape

Haemonetics competes effectively in its chosen segments, leveraging its technology and established customer relationships. However, it faces strong competition from larger, diversified healthcare companies.

Major Acquisitions

Cardiva Medical, Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 510
  • Strategic Rationale: Expanded Haemonetics' portfolio into vascular closure systems for electrophysiology and interventional cardiology procedures.

Growth Trajectory and Initiatives

Historical Growth: Haemonetics has demonstrated moderate growth in recent years, driven by expansion in its core markets and strategic acquisitions.

Future Projections: Analyst estimates project continued growth in revenue and earnings, fueled by increasing demand for blood and plasma products. Estimates are not included here but would vary and be based on public data.

Recent Initiatives: Recent initiatives include investments in new product development, geographic expansion, and strategic acquisitions.

Summary

Haemonetics is a solid company in the blood and plasma component industry, with a leading position in plasma collection and cell salvage. Its innovative products and global presence are key strengths. However, it needs to manage competition and regulatory risks effectively. Growth opportunities lie in emerging markets and new blood management technologies. Overall Haemonetics seems to be positioned for continued growth in the market.

Similar Companies

  • TER
  • BDX
  • GRFS
  • LH

Sources and Disclaimers

Data Sources:

  • Haemonetics Investor Relations
  • SEC Filings
  • Industry Reports
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Haemonetics Corporation

Exchange NYSE
Headquaters Boston, MA, United States
IPO Launch date 1991-05-09
CEO, President & Director Mr. Christopher A. Simon
Sector Healthcare
Industry Medical Devices
Full time employees 3657
Full time employees 3657

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 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 app. 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 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-inducing properties of 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.

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