Thermo Fisher Scientific Inc (TMO) Slumps to 69th in Trading Volume Ranking After 26.29% Decline

On May 13, 2025, Thermo Fisher Scientific Inc (TMO) experienced a significant decline, with its trading volume reaching 11.71 billion, marking a 26.29% decrease from the previous day. This placed TMO at the 69th position in terms of trading volume for the day. The stock price of TMO also dropped by 0.84%.

On May 12, Thermo Fisher Scientific Inc (TMO) saw a notable increase in its stock price, driven by positive market sentiment and strong performance in the research tools and consumables sector. The company's stock reached an intraday high of $430.38, closing at $429.45, up from its previous close of $403.13. This performance placed TMO 31.60% below its 52-week high of $627.88 and 6.89% above its 52-week low of $401.75. The trading volume for the day was 1,915,752 shares, which was 76.4% of the average daily volume of 2,508,153.

Analysts have provided a range of price targets for Thermo Fisher Scientific Inc (TMO), with an average target price of $567.35. This target implies a potential upside of 32.11% from the current price of $429.45. The high estimate for the stock is $767.00, while the low estimate is $475.00. Additionally, the consensus recommendation from 32 brokerage firms indicates an "Outperform" status for TMO, with an average brokerage recommendation of 1.9 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Thermo Fisher Scientific Inc (TMO) to be $582.32 in one year, suggesting a potential upside of 35.6% from the current price. This estimate is based on historical trading multiples, past business growth, and future performance projections. The GF Value represents the fair value at which the stock should be traded, providing investors with a benchmark for evaluating the stock's current price.