Mesa Laboratories Inc

Mesa Laboratories Inc Stock Forecast & Price Prediction

Live Mesa Laboratories Inc Stock (MLAB) Price
$130.65

2

Ratings

  • Buy 1
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$130.65

P/E Ratio

546.59

Volume Traded Today

$28,100

Dividend

$0.16

52 Week High/low

141.17/82.86

Mesa Laboratories Inc Market Cap

$721.0M

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MLAB Summary

The Mesa Laboratories Inc (MLAB) share price is expected to increase by 9.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered MLAB. Price targets range from $120 at the low end to $160 at the high end. The current analyst consensus for MLAB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MLAB Analyst Ratings

About 2 Wall Street analysts have assignedMLAB 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Mesa Laboratories Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MLAB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MLAB stock forecast by analyst

These are the latest 20 analyst ratings of MLAB.

Analyst/Firm

Rating

Price Target

Change

Date

Vijay Kumar
Evercore ISI Group

Outperform

$160

Maintains

Oct 1, 2024
Brandon Couillard
Wells Fargo

Underweight

$120

Initiates

Aug 27, 2024
Vijay Kumar
Evercore ISI Group

Outperform

$120

Maintains

Aug 6, 2024
Vijay Kumar
Evercore ISI Group

Outperform

$106

Maintains

Jul 2, 2024
Vijay Kumar
Evercore ISI Group

Outperform

$130

Maintains

Apr 4, 2024
Vijay Kumar
Evercore ISI Group

Outperform

$125

Upgrade

Jan 4, 2024
Vijay Kumar
Evercore ISI Group

In-Line

$300

Downgrade

Jan 4, 2021

KeyBanc

Sector Weight


Initiates

Nov 10, 2020

Keybanc

Sector Weight


Initiates

Nov 10, 2020

JP Morgan

Neutral


Initiates

Oct 2, 2020

Jefferies

Buy


Initiates

Dec 4, 2019

Evercore ISI Group

Outperform


Initiates

Aug 26, 2019

Sidoti & Co.

Neutral


Downgrade

Jun 10, 2016

Janney Montgomery Scott

Buy


Initiates

Feb 10, 2016

Janney Capital

Buy


Initiates

Feb 10, 2016

MLAB Company Information

What They Do: Develops life sciences tools and quality control products.

Business Model: The company generates revenue through the development, manufacturing, and sale of various life sciences tools and quality control products. It operates through multiple segments, including sterilization indicators for the healthcare sector, genetic analysis systems for clinical labs, biopharmaceutical development automation solutions, and calibration solutions for medical and pharmaceutical applications.

Other Information: Mesa Laboratories, Inc. has a diverse product portfolio catering to a wide range of industries such as healthcare, pharmaceuticals, and research. With a global presence in North America, Europe, and the Asia Pacific, the company has established itself as a key player in the life sciences market since its incorporation in 1982. Its headquarters is located in Lakewood, Colorado.
MLAB
Mesa Laboratories Inc (MLAB)

When did it IPO

1995

Staff Count

736

Country

United States

Sector/Industry

Technology/Scientific & Technical Instruments

CEO

Mr. Gary M. Owens

Market Cap

$721.0M

Mesa Laboratories Inc (MLAB) Financial Data

In 2023, MLAB generated $219.1M in revenue, which was a increase of 18.85% from the previous year. This can be seen as a signal that MLAB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$133.9M

0.00 %
From Previous Year

Revenue From 2022

$184.3M

37.63 %
From Previous Year

Revenue From 2023

$219.1M

18.85 %
From Previous Year
  • Revenue TTM $223.7M
  • Operating Margin TTM 10.9%
  • Gross profit TTM $133.3M
  • Return on assets TTM 1.2%
  • Return on equity TTM -93.0%
  • Profit Margin -111.9%
  • Book Value Per Share 27.87%
  • Market capitalisation $721.0M
  • Revenue for 2021 $133.9M
  • Revenue for 2022 $184.3M
  • Revenue for 2023 $219.1M
  • EPS this year (TTM) $-46.48

Mesa Laboratories Inc (MLAB) Latest News

News Image

Mon, 26 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Mesa Labs (MLAB) shares are gaining momentum, supported by positive earnings estimate revisions, suggesting potential for continued upward movement.

Why It Matters - Rising earnings estimates for Mesa Labs suggest strong financial performance ahead, potentially driving share prices higher and attracting investor interest.

News Image

Mon, 26 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Mesa Labs (MLAB) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increased optimism about its earnings prospects, which may drive its stock price higher.

Why It Matters - Mesa Labs' upgrade to a Zacks Rank #1 signals strong earnings potential, indicating positive momentum that could attract more investors and drive the stock price higher.

News Image

Mon, 26 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - QFIN, GHM, CRNC, SUPV, and MLAB are now on the Zacks Rank #1 (Strong Buy) List as of August 26, 2024.

Why It Matters - The addition of QFIN, GHM, CRNC, SUPV, and MLAB to the Zacks Rank #1 (Strong Buy) List indicates strong potential for stock performance, attracting investors seeking high-return opportunities.

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Mesa Laboratories, Inc. (NASDAQ:MLAB) reported its 1Q25 financial results for the period ending June 30, 2024. Details on performance metrics were disclosed in the announcement.

Why It Matters - Mesa Laboratories' quarterly results can impact stock performance, affecting investor sentiment and potentially influencing market trends in life sciences and quality control sectors.

News Image

Mon, 08 Jul 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Mesa Laboratories, Inc. (NASDAQ: MLAB) declared a quarterly dividend of $0.16 per share, payable on September 16, 2024, to shareholders on record by August 30, 2024.

Why It Matters - Mesa Laboratories' declaration of a quarterly dividend signals financial stability and a commitment to returning value to shareholders, potentially attracting income-focused investors and boosting stock demand.

News Image

Wed, 05 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Mesa Laboratories, Inc. (NASDAQ:MLAB) reported its 4Q24 and FY24 results, ending March 31, 2024. Further details on financial performance were released.

Why It Matters - Mesa Laboratories' quarterly and annual results can signal financial health and growth potential, impacting stock performance and investor sentiment.

...

MLAB Frequently asked questions

The highest forecasted price for MLAB is $160 from Vijay Kumar at Evercore ISI Group.

The lowest forecasted price for MLAB is $120 from Vijay Kumar from Evercore ISI Group

The MLAB analyst ratings consensus are 1 buy ratings, 1 hold ratings, and 0 sell ratings.