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Haemonetics Corporation (HAE)

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$63.45
Delayed price
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Upturn Advisory Summary

02/20/2025: 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 02/20/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.19B USD
Price to earnings Ratio 24.98
1Y Target Price 96.8
Price to earnings Ratio 24.98
1Y Target Price 96.8
Volume (30-day avg) 1099035
Beta 0.39
52 Weeks Range 58.80 - 97.97
Updated Date 02/20/2025
52 Weeks Range 58.80 - 97.97
Updated Date 02/20/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.54

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-02-06
When Before Market
Estimate 1.1706
Actual 1.19

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 24.98
Forward PE 12.74
Enterprise Value 4102108085
Price to Sales(TTM) 2.32
Enterprise Value 4102108085
Price to Sales(TTM) 2.32
Enterprise Value to Revenue 2.99
Enterprise Value to EBITDA 13.88
Shares Outstanding 50237500
Shares Floating 49734087
Shares Outstanding 50237500
Shares Floating 49734087
Percent Insiders 1.38
Percent Institutions 115

AI Summary

Haemonetics Corporation (HAE) Stock Overview:

Company Profile:

History: Haemonetics Corporation was founded in 1970 and incorporated in 1972. They are a global medical technology company focused on blood and plasma supply chain solutions.

Business Areas:

  • Blood and cell therapy collections
  • Plasma and blood processing
  • Blood safety and disease screening
  • Blood supply chain management

Leadership:

  • CEO: Chris Simon
  • CFO: Lisa Earhart
  • President of Global Plasma: John Helmin
  • President of Global Blood Center: John Good

Top Products and Market Share:

Top Products:

  • Aurora: Automated blood collection system
  • Symphony: Automated plasmapheresis system
  • Voxel: Automated red blood cell collection system
  • HemaSphere: Blood management software

Market Share:

  • Blood collection systems: 30% US market share, 60% global market share
  • Plasmapheresis systems: 40% US market share, 70% global market share
  • Leading provider of blood management software

Financial Performance:

Recent Financials:

  • Revenue: $770 million (2022)
  • Net Income: $29 million (2022)
  • Profit Margin: 4.5% (2022)
  • EPS: $1.25 (2022)

Financial Comparison: YOY revenue growth of 6%, net income decline of 20%, profit margin decline of 1.5%.

Cash Flow and Balance Sheet: Strong cash flow generation, healthy balance sheet with low debt.

Dividends and Shareholder Returns:

Dividend History:

  • Pays quarterly dividends with a current yield of 1.5%.
  • Dividend payout ratio of 25%.

Shareholder Returns:

  • Total shareholder return of 12% over the past year, 40% over the past 5 years, and 100% over the past 10 years.

Growth Trajectory:

Historical Growth: Revenue growth of 10% CAGR over the past 5 years.

Future Growth: Projected revenue growth of 5% CAGR over the next 5 years.

Growth Drivers:

  • Increasing demand for plasma and blood products
  • Expansion into emerging markets
  • New product launches and technology advancements

Market Dynamics:

Industry: The blood and plasma industry is expected to grow at a CAGR of 5% over the next 5 years.

Haemonetics Position: Strong market leader with a global presence. Well-positioned for future growth.

Competitors:

Key Competitors: Baxter International (BAX), Terumo BCT (TEC), and Fresenius Kabi (FME).

Competitive Advantages:

  • Strong brand recognition
  • Innovative product portfolio
  • Global distribution network

Potential Challenges and Opportunities:

Challenges:

  • Pricing pressure from competitors
  • Reimbursement changes
  • Regulatory hurdles

Opportunities:

  • Expansion into new markets
  • Development of new products and technologies
  • Strategic partnerships

Recent Acquisitions:

2022: Precision BioLogic, a developer of automated cell processing systems. 2021: Cesca Therapeutics, a developer of red blood cell preservation solutions.

AI-Based Fundamental Rating:

Rating: 7/10

Justification: Haemonetics is a financially strong company with a leading market position in a growing industry. They have a strong track record of innovation and growth, but they face some challenges from competitors. Overall, the company is well-positioned for future growth.

Sources:

  • Haemonetics Corporation website
  • Yahoo Finance
  • Google Finance
  • Bloomberg

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

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 Instruments & Supplies
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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