Professional
Added to YB: 2024-11-06
Pitch date: 2024-09-30
BIO [bullish]
Bio-Rad Laboratories, Inc.
-15.3%
current return
Author Info
No bio for this author
Company Info
Bio-Rad Laboratories, Inc. develops, manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, Latin America, and internationally.
Market Cap
$6.6B
Pitch Price
$338.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.47
P/E
39.02
EV/Sales
2.47
Sector
Life Sciences Tools and Services
Category
growth
Ariel Investments Focus Fund Portfolio Holding: Bio-Rad Laboratories, Inc.
BIO: Lab equipment maker with global presence (42% US, 31% EU, 21% Asia). Diverse customer base incl. hospitals (34%), academic (21%), biopharma (15%). Strong financials, rising margins, high recurring revenue. 80% of sales from products with dominant market share. Leading innovator in growing global market.
Read full article (1 min)