BioLife Solutions (BLFS) Stock Price, News & Analysis

Company Overview

BioLife Solutions, Inc. develops, manufactures, and markets bioproduction tools and services for the cell and gene therapy (CGT) industry in the United States, Europe, the Middle East, Africa, and internationally. The company's products are used in the basic and applied research, and commercial manufacturing of biologic-based therapies. It offers proprietary biopreservation media products, including HypoThermosol FRS and CryoStor Freeze Media that are formulated to mitigate preservation-induced, delayed-onset cell damage and death; bioproduction tools, such as human platelet lysates for cell expansion and CellSeal closed system vials that are used in CGT; and the ThawSTAR line that comprises of a family of automated thawing devices for frozen cell and gene therapies packaged in cryovials and cryobags. The company also provides cryogenic freezer technology for controlled rate freezing and cryogenic storage of biologic materials; ultra-low temperature mechanical freezers; evo shipping containers that are cloud-connected passive storage and transport containers for temperature-sensitive biologics and pharmaceuticals; liquid nitrogen laboratory freezers, cryogenic equipment, and accessories; and biological and pharmaceutical storage and transport services. It markets and sells its products directly, as well as through third party distributors. The company was incorporated in 1987 and is headquartered in Bothell, Washington.

Key Stats

• Today's Range: $24.41 to $25.69
• 50-Day Range: $20.72 to $26.52
• 52-Week Range: $8.92 to $26.73
• Volume: 147,945 shs
• Average Volume: 381,791 shs
• Market Capitalization: $1.17 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $26.20
• Consensus Rating: Buy

BioLife Solutions Stock Analysis - MarketRank™

BioLife Solutions scored higher than 33% of companies evaluated by MarketBeat, and ranked 689th out of 1,007 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

BioLife Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

BioLife Solutions has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for BioLife Solutions are expected to grow in the coming year, from ($0.36) to ($0.12) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BioLife Solutions is -16.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of BioLife Solutions is -16.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

BioLife Solutions has a P/B Ratio of 3.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.90% of the outstanding shares of BioLife Solutions have been sold short.

Short Interest Ratio / Days to Cover

BioLife Solutions has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in BioLife Solutions has recently decreased by 7.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BioLife Solutions does not currently pay a dividend.

Dividend Growth

BioLife Solutions does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.90% of the outstanding shares of BioLife Solutions have been sold short.

Short Interest Ratio / Days to Cover

BioLife Solutions has a short interest ratio ("days to cover") of 10.6, which indicates bearish sentiment.

Change versus previous month

Short interest in BioLife Solutions has recently decreased by 7.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.26

News Sentiment

BioLife Solutions has a news sentiment score of -0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for BioLife Solutions this week, compared to 3 articles on an average week.

Search Interest

8 people have searched for BLFS on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BioLife Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $229,709.00 in company stock.

Percentage Held by Insiders

Only 2.20% of the stock of BioLife Solutions is held by insiders.

Percentage Held by Institutions

93.24% of the stock of BioLife Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BLFS Stock Analysis - Frequently Asked Questions

How have BLFS shares performed this year?

BioLife Solutions' stock was trading at $16.25 on January 1st, 2024. Since then, BLFS stock has increased by 46.0% and is now trading at $23.72.
View the best growth stocks for 2024 here.

How were BioLife Solutions' earnings last quarter?

BioLife Solutions, Inc. (NASDAQ:BLFS) announced its quarterly earnings results on Thursday, August, 8th. The medical equipment provider reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.08. The medical equipment provider had revenue of $28.33 million for the quarter, compared to the consensus estimate of $23.80 million. BioLife Solutions had a negative trailing twelve-month return on equity of 10.75% and a negative net margin of 59.88%.

Who are BioLife Solutions' major shareholders?

Top institutional investors of BioLife Solutions include Fred Alger Management LLC (3.43%), William Blair Investment Management LLC (3.41%), Millennium Management LLC (2.19%) and Dimensional Fund Advisors LP (1.73%). Insiders that own company stock include Casdin Partners Master Fund, L, Greef Roderick De, Michael Rice, Aby J Mathew, Karen A Foster, Troy Wichterman, Garrie Richardson, Todd Berard, Geraint Phillips, Sarah Aebersold, Marcus Schulz, Amy Duross and Joseph C Schick.
View institutional ownership trends.

How do I buy shares of BioLife Solutions?

Shares of BLFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BioLife Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BioLife Solutions investors own include Micron Technology (MU), AbbVie (ABBV), Cara Therapeutics (CARA), Gilead Sciences (GILD), Pfizer (PFE) and Rigel Pharmaceuticals (RIGL).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Electromedical equipment
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:BLFS
• CUSIP: N/A
• CIK: 834365
• Web: www.biolifesolutions.com
• Phone: (425) 402-1400
• Fax: 425-402-1433
• Employees: 440
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.20
• High Stock Price Target: $30.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-66,430,000.00
• Net Margins: -59.88%
• Pretax Margin: -51.03%
• Return on Equity: -10.75%
• Return on Assets: -8.89%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 2.86
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $139.96 million
• Price / Sales: 7.81
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.67 per share
• Price / Book: 3.09

Miscellaneous

• Outstanding Shares: 46,069,000
• Free Float: 45,055,000
• Market Cap: $1.09 billion
• Optionable: Optionable
• Beta: 1.87