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Meridian Bioscience NasdaqGS:VIVO Stock Report

Last Price

US$33.97

Market Cap

US$1.5b

7D

0.06%

1Y

54.3%

Updated

01 Feb, 2023

Data

Company Financials +

Meridian Bioscience, Inc.

NasdaqGS:VIVO Stock Report

Market Cap: US$1.5b

VIVO Stock Overview

Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, and elevated blood lead levels worldwide. More details

VIVO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Meridian Bioscience, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meridian Bioscience
Historical stock prices
Current Share PriceUS$33.97
52 Week HighUS$34.38
52 Week LowUS$21.09
Beta0.23
1 Month Change2.29%
3 Month Change6.02%
1 Year Change54.34%
3 Year Change295.23%
5 Year Change128.75%
Change since IPO6,030.20%

Recent News & Updates

Recent updates

Meridian Bioscience Non-GAAP EPS of $0.16 misses by $0.01, revenue of $67.8M beats by $1M

Aug 05

Meridian Bioscience: High-Probability Merger Arbitrage

Jul 26

Meridian Bioscience downgraded at William Blair on $1.53B acquisition

Jul 07

Meridian Bioscience (NASDAQ:VIVO) Has A Pretty Healthy Balance Sheet

Jun 27
Meridian Bioscience (NASDAQ:VIVO) Has A Pretty Healthy Balance Sheet

Meridian Bioscience: Correctly Valued

Jun 26

Many Would Be Envious Of Meridian Bioscience's (NASDAQ:VIVO) Excellent Returns On Capital

Jun 09
Many Would Be Envious Of Meridian Bioscience's (NASDAQ:VIVO) Excellent Returns On Capital

Meridian Bioscience: Deceptively Priced

Mar 14

Meridian Bioscience (NASDAQ:VIVO) Looks To Prolong Its Impressive Returns

Feb 03
Meridian Bioscience (NASDAQ:VIVO) Looks To Prolong Its Impressive Returns

These 4 Measures Indicate That Meridian Bioscience (NASDAQ:VIVO) Is Using Debt Safely

Jul 19
These 4 Measures Indicate That Meridian Bioscience (NASDAQ:VIVO) Is Using Debt Safely

If The COVID-19 Delta Variant Spreads This Fall, Meridian Is Still A Buy

Jul 08

Meridian Bioscience (NASDAQ:VIVO) Might Become A Compounding Machine

May 10
Meridian Bioscience (NASDAQ:VIVO) Might Become A Compounding Machine

Meridian Bioscience, Inc. 2021 Q2 - Results - Earnings Call Presentation

May 08

Meridian Bioscience (NASDAQ:VIVO) Seems To Use Debt Rather Sparingly

Mar 31
Meridian Bioscience (NASDAQ:VIVO) Seems To Use Debt Rather Sparingly

Have Insiders Been Buying Meridian Bioscience, Inc. (NASDAQ:VIVO) Shares?

Mar 11
Have Insiders Been Buying Meridian Bioscience, Inc. (NASDAQ:VIVO) Shares?

Investors Who Bought Meridian Bioscience (NASDAQ:VIVO) Shares A Year Ago Are Now Up 185%

Feb 24
Investors Who Bought Meridian Bioscience (NASDAQ:VIVO) Shares A Year Ago Are Now Up 185%

Need To Know: Analysts Are Much More Bullish On Meridian Bioscience, Inc. (NASDAQ:VIVO) Revenues

Feb 09
Need To Know: Analysts Are Much More Bullish On Meridian Bioscience, Inc. (NASDAQ:VIVO) Revenues

Meridian expands production capacity for COVID-19 tests with NIH funding

Feb 03

Should We Be Excited About The Trends Of Returns At Meridian Bioscience (NASDAQ:VIVO)?

Jan 27
Should We Be Excited About The Trends Of Returns At Meridian Bioscience (NASDAQ:VIVO)?

Shareholder Returns

VIVOUS Medical EquipmentUS Market
7D0.06%-3.4%-3.5%
1Y54.3%9.0%22.1%

Return vs Industry: VIVO exceeded the US Medical Equipment industry which returned -3.3% over the past year.

Return vs Market: VIVO exceeded the US Market which returned 14.1% over the past year.

Price Volatility

Is VIVO's price volatile compared to industry and market?
VIVO volatility
VIVO Average Weekly Movement2.3%
Medical Equipment Industry Average Movement7.8%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: VIVO has not had significant price volatility in the past 3 months.

Volatility Over Time: VIVO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976704Jack Kennywww.meridianbioscience.com

Meridian Bioscience, Inc., a life science company, develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, and elevated blood lead levels worldwide. The company operates through Diagnostics and Life Science segments. The Diagnostics segment offers testing platforms, including real-time PCR amplification under the Revogene brand; isothermal DNA amplification under the Alethia brand; lateral flow immunoassay using fluorescent chemistry under the Curian brand; rapid immunoassay under the ImmunoCard and ImmunoCard STAT!

Meridian Bioscience, Inc. Fundamentals Summary

How do Meridian Bioscience's earnings and revenue compare to its market cap?
VIVO fundamental statistics
Market capUS$1.49b
Earnings (TTM)US$42.46m
Revenue (TTM)US$333.02m

35.2x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIVO income statement (TTM)
RevenueUS$333.02m
Cost of RevenueUS$144.66m
Gross ProfitUS$188.36m
Other ExpensesUS$145.90m
EarningsUS$42.46m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.96
Gross Margin56.56%
Net Profit Margin12.75%
Debt/Equity Ratio6.8%

How did VIVO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/01 18:38
End of Day Share Price 2023/01/30 00:00
Earnings2022/09/30
Annual Earnings2022/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Meridian Bioscience, Inc. is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Catherine Ramsey SchulteBaird
Mark MassaroCanaccord Genuity
Zarak KhurshidCaris & Company