HaemoneticsHAE
Market Cap: $3.75B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
872% more call options, than puts
Call options by funds: $37.2M | Put options by funds: $3.83M
64% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 33
9.17% more ownership
Funds ownership: 100.44% [Q1] → 109.61% (+9.17%) [Q2]
7% more funds holding
Funds holding: 295 [Q1] → 316 (+21) [Q2]
6% more capital invested
Capital invested by funds: $4.35B [Q1] → $4.62B (+$267M) [Q2]
5% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 107
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Citigroup Joanne Wuensch 66% 1-year accuracy 25 / 38 met price target | 16%upside $85 | Neutral Maintained | 22 Aug 2024 |
JMP Securities David Turkaly 59% 1-year accuracy 16 / 27 met price target | 71%upside $125 | Market Outperform Reiterated | 13 Aug 2024 |
Barrington Research Michael Petusky 62% 1-year accuracy 31 / 50 met price target | 47%upside $108 | Outperform Maintained | 9 Aug 2024 |
Needham Mike Matson 64% 1-year accuracy 72 / 113 met price target | 53%upside $112 | Buy Upgraded | 12 Jun 2024 |
Financial journalist opinion
Based on 8 articles about HAE published over the past 30 days