HAE icon

Haemonetics

78.40 USD
+0.32
0.41%
At close Jan 2, 4:00 PM EST
After hours
78.40
+0.00
0.00%
1 day
0.41%
5 days
1.98%
1 month
-10.38%
3 months
-1.15%
6 months
-5.61%
Year to date
-7.92%
1 year
-7.92%
5 years
-31.99%
10 years
112.35%
 

About: Haemonetics Corp aims to improve patient care and reduce the cost of healthcare by providing medical products and solutions in the blood and plasma component collection, surgical suite, and hospital transfusion service spaces. As such, the company operates under three segments: plasma, blood center, and hospital. The company places primary emphasis on its plasma and hospital segments due to their robust growth potential, whereas the blood center segment tends to be constrained by higher competition. Product revenue is driven by demand for disposable blood component collection and processing sets and the related equipment needed for proper functionality.

Employees: 3,657

0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

123% more call options, than puts

Call options by funds: $47.1M | Put options by funds: $21.1M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

4% less capital invested

Capital invested by funds: $4.67B [Q2] → $4.46B (-$208M) [Q3]

7% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 112

2.24% less ownership

Funds ownership: 110.74% [Q2] → 108.5% (-2.24%) [Q3]

4% less funds holding

Funds holding: 316 [Q2] → 302 (-14) [Q3]

24% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 59

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$108
38%
upside
Avg. target
$114
45%
upside
High target
$120
53%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
JP Morgan
Rohin Patel
0% 1-year accuracy
0 / 1 met price target
48%upside
$116
Overweight
Initiated
6 Dec 2024
Barrington Research
Michael Petusky
34% 1-year accuracy
23 / 67 met price target
38%upside
$108
Outperform
Maintained
4 Dec 2024
Needham
Mike Matson
51% 1-year accuracy
59 / 116 met price target
43%upside
$112
Buy
Reiterated
3 Dec 2024
Raymond James
Andrew Cooper
17% 1-year accuracy
2 / 12 met price target
53%upside
$120
Strong Buy
Upgraded
8 Nov 2024

Financial journalist opinion

Based on 8 articles about HAE published over the past 30 days

Positive
Zacks Investment Research
3 days ago
5 Beaten-Down MedTech Stocks Set to Rebound in 2025
Investors may want to take a closer look at discounted stocks, such as MCK, HAE, ARAY, LIVN and PBH, in the present market landscape.
5 Beaten-Down MedTech Stocks Set to Rebound in 2025
Positive
Zacks Investment Research
1 week ago
Here's Why You Should Add HAE Stock to Your Portfolio Now
Strong prospects for the Plasma franchise and favorable solvency bode well for Haemonetics.
Here's Why You Should Add HAE Stock to Your Portfolio Now
Positive
Zacks Investment Research
1 week ago
Down -11.82% in 4 Weeks, Here's Why You Should You Buy the Dip in Haemonetics (HAE)
The heavy selling pressure might have exhausted for Haemonetics (HAE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Down -11.82% in 4 Weeks, Here's Why You Should You Buy the Dip in Haemonetics (HAE)
Positive
Zacks Investment Research
2 weeks ago
HAE or SYK: Which Is the Better Value Stock Right Now?
Investors with an interest in Medical - Products stocks have likely encountered both Haemonetics (HAE) and Stryker (SYK). But which of these two companies is the best option for those looking for undervalued stocks?
HAE or SYK: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
3 weeks ago
Are Investors Undervaluing Haemonetics (HAE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Haemonetics (HAE) Right Now?
Positive
Zacks Investment Research
4 weeks ago
Wall Street Analysts See a 27.84% Upside in Haemonetics (HAE): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 27.8% in Haemonetics (HAE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Wall Street Analysts See a 27.84% Upside in Haemonetics (HAE): Can the Stock Really Move This High?
Positive
Zacks Investment Research
4 weeks ago
Will HAE Stock Gain Following Sell-Off of Whole Blood Assets to GVS?
Haemonetics inks a new agreement to sell its whole blood assets to GVS. The transaction is expected to be closed in the first quarter of 2025.
Will HAE Stock Gain Following Sell-Off of Whole Blood Assets to GVS?
Positive
Zacks Investment Research
4 weeks ago
4 Medical Product Stocks to Buy From a Prospective Industry
An ongoing rise in demand for medical procedures and cost-cutting initiatives should support the Zacks Medical-Products industry. RMD, HAE, PAHC and AGIO are well-poised to gain from the favorable factors.
4 Medical Product Stocks to Buy From a Prospective Industry
Neutral
PRNewsWire
1 month ago
Haemonetics Announces Sale of Whole Blood Assets to GVS, S.p.A
BOSTON , Dec. 3, 2024 /PRNewswire/ -- Haemonetics Corporation (NYSE: HAE), a global medical technology company focused on delivering innovative medical solutions to drive better patient outcomes, today announced that it has entered into a definitive agreement to sell its whole blood assets to GVS, S.p.A ("GVS"), one of the world's leading manufacturers of filter solutions for applications in the healthcare and life sciences sectors. The transaction comprises a total cash consideration of up to $67.1M, which includes $44.6M upfront and up to $22.5M in contingent earn-outs over the next four years.
Haemonetics Announces Sale of Whole Blood Assets to GVS, S.p.A
Positive
Zacks Investment Research
1 month ago
HAE or BSX: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Medical - Products sector have probably already heard of Haemonetics (HAE) and Boston Scientific (BSX). But which of these two companies is the best option for those looking for undervalued stocks?
HAE or BSX: Which Is the Better Value Stock Right Now?
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