Hide

FocusBar

Subscribe to Premium Member
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 60.69
HAE's Cash to Debt is ranked lower than
75% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 6.43 vs. HAE: 60.69 )
HAE' s 10-Year Cash to Debt Range
Min: 0.71   Max: 60.69
Current: 60.69

0.71
60.69
Equity to Asset 0.572
HAE's Equity to Asset is ranked lower than
75% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 0.47 vs. HAE: 0.572 )
HAE' s 10-Year Equity to Asset Range
Min: 0.5   Max: 0.73
Current: 0.57

0.5
0.73
F-Score: 5
Z-Score: 3.2
M-Score: -2.85
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 12.20
HAE's Operating margin (%) is ranked lower than
51% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 7.00 vs. HAE: 12.20 )
HAE' s 10-Year Operating margin (%) Range
Min: 4.6   Max: 23.6
Current: 12.2

4.6
23.6
Net-margin (%) 9.2
HAE's Net-margin (%) is ranked higher than
55% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 3.30 vs. HAE: 9.2 )
HAE' s 10-Year Net-margin (%) Range
Min: 2.5   Max: 16.5
Current: 9.2

2.5
16.5
ROE (%) 9.1
HAE's ROE (%) is ranked higher than
56% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 4.80 vs. HAE: 9.1 )
HAE' s 10-Year ROE (%) Range
Min: 3.4   Max: 15.6
Current: 9.1

3.4
15.6
ROA (%) 7.3
HAE's ROA (%) is ranked higher than
52% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 2.40 vs. HAE: 7.3 )
HAE' s 10-Year ROA (%) Range
Min: 2.1   Max: 12.6
Current: 7.3

2.1
12.6
ROC (Joel Greenblatt) (%) 26.90
HAE's ROC (Joel Greenblatt) (%) is ranked higher than
51% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 14.00 vs. HAE: 26.90 )
HAE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 7.9   Max: 54.7
Current: 26.9

7.9
54.7
Revenue Growth (%) 5.4
HAE's Revenue Growth (%) is ranked higher than
69% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 4.40 vs. HAE: 5.4 )
HAE' s 10-Year Revenue Growth (%) Range
Min: 2.5   Max: 11.1
Current: 5.4

2.5
11.1
EBITDA Growth (%) 3.7
HAE's EBITDA Growth (%) is ranked higher than
73% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 1.50 vs. HAE: 3.7 )
HAE' s 10-Year EBITDA Growth (%) Range
Min: 0.8   Max: 20.5
Current: 3.7

0.8
20.5
EPS Growth (%) 3.4
HAE's EPS Growth (%) is ranked higher than
76% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: -2.15 vs. HAE: 3.4 )
HAE' s 10-Year EPS Growth (%) Range
Min: -2.5   Max: 43.8
Current: 3.4

-2.5
43.8
ยป HAE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

HAE Guru Trades in Q2 2012

Meridian Funds 145,500 sh (New)
Jim Simons 76,200 sh (+31.15%)
Steven Cohen 4,717 sh (+22.62%)
Third Avenue Management 332,868 sh (+0.92%)
Jean-Marie Eveillard 4,000 sh (unchged)
Ken Fisher 56,025 sh (unchged)
Columbia Wanger 585,000 sh (unchged)
» More
Q3 2012

HAE Guru Trades in Q3 2012

Pioneer Investments 53,319 sh (New)
Paul Tudor Jones 6,900 sh (New)
Jim Simons 117,100 sh (+53.67%)
Meridian Funds 177,300 sh (+21.86%)
Ken Fisher 64,425 sh (+14.99%)
Jean-Marie Eveillard 4,000 sh (unchged)
Columbia Wanger 585,000 sh (unchged)
Steven Cohen 3,000 sh (-36.4%)
Third Avenue Management 168,722 sh (-49.31%)
» More
Q4 2012

HAE Guru Trades in Q4 2012

Steven Cohen 22,100 sh (+636.67%)
Pioneer Investments 131,680 sh (+146.97%)
Ken Fisher 131,465 sh (+104.06%)
Meridian Funds 354,600 sh (+100%)
Columbia Wanger 1,170,000 sh (+100%)
Jean-Marie Eveillard 8,000 sh (+100%)
Paul Tudor Jones 7,700 sh (+11.59%)
Jim Simons Sold Out
Third Avenue Management 78,000 sh (-53.77%)
» More
Q1 2013

HAE Guru Trades in Q1 2013

Paul Tudor Jones 12,200 sh (+58.44%)
Ken Fisher 166,920 sh (+26.97%)
Meridian Funds 390,500 sh (+10.12%)
Pioneer Investments 137,480 sh (+4.4%)
Jean-Marie Eveillard 8,000 sh (unchged)
Columbia Wanger 1,170,000 sh (unchged)
Steven Cohen 18,207 sh (-17.62%)
Third Avenue Management 58,000 sh (-25.64%)
» More
» Details

Insider Trades

Latest Guru Trades with HAE

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Third Avenue Management 2013-03-31 Reduce -25.64%0.02%$40.78 - $44.44 $ 41.03-2%58000
Ken Fisher 2013-03-31 Add 26.97%$40.78 - $44.44 $ 41.03-2%166920
Meridian Funds 2012-12-31 Add 100%0.29%$38.92 - $41.38 $ 41.032%354600
Third Avenue Management 2012-12-31 Reduce -53.77%0.17%$38.92 - $41.38 $ 41.032%78000
Ken Fisher 2012-12-31 Add 104.06%0.01%$38.92 - $41.38 $ 41.032%131465
Jean-Marie Eveillard 2012-12-31 Add 100%$38.92 - $41.38 $ 41.032%8000
Third Avenue Management 2012-09-30 Reduce -49.31%0.29%$68.61 - $81.4 $ 41.03-45%168722
Meridian Funds 2012-09-30 Add 21.86%0.09%$68.61 - $81.4 $ 41.03-45%177300
Meridian Funds 2012-06-30 New Buy0.36%$66.79 - $73.87 $ 41.03-41%145500
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Haemonetics Corporation

Allscripts-Misys Reports 5 Insider Buys the Day Before Barclays Conference  - Allscripts-Misys Reports 5 Insider Buys The Day Before Barclays Conference
On March 12, the CEO and four directors made insider buys in to Allscripts-Misys Healthcare Solutions (MDRX). These buys came the day before Allscripts is set to present at the Barclays Global Healthcare Conference in Miami, Fla. The Barclays Global Healthcare Conference is an annual conference in which healthcare corporations from around the globe come to discuss advances in their research, new products, their history as well as investor information. Read more...
Weekly Guru Bargains Highlights: HAE, DLTR, QCOR, MTX, AMD
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 48.20
HAE's P/E(ttm) is ranked lower than
51% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 25.40 vs. HAE: 48.20 )
HAE' s 10-Year P/E(ttm) Range
Min: 15.62   Max: 1543.8
Current: 48.2

15.62
1543.8
P/B 2.90
HAE's P/B is ranked lower than
57% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 2.41 vs. HAE: 2.90 )
HAE' s 10-Year P/B Range
Min: 1.81   Max: 4.59
Current: 2.9

1.81
4.59
P/S 2.60
HAE's P/S is ranked lower than
53% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 2.40 vs. HAE: 2.60 )
HAE' s 10-Year P/S Range
Min: 1.24   Max: 3.59
Current: 2.6

1.24
3.59
PFCF 82.10
HAE's PFCF is ranked lower than
76% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 23.35 vs. HAE: 82.10 )
HAE' s 10-Year PFCF Range
Min: 10.33   Max: 187.55
Current: 82.1

10.33
187.55
EV-to-EBIT 40
HAE's EV-to-EBIT is ranked lower than
55% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 16.12 vs. HAE: 40 )
HAE' s 10-Year EV-to-EBIT Range
Min: 9.9   Max: 65.8
Current: 40

9.9
65.8
PEG 4.7
HAE's PEG is ranked higher than
85% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 1.70 vs. HAE: 4.7 )
HAE' s 10-Year PEG Range
Min: 1.27   Max: 11.29
Current: 4.7

1.27
11.29
Shiller P/E 33.7
HAE's Shiller P/E is ranked higher than
69% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 23.85 vs. HAE: 33.7 )
HAE' s 10-Year Shiller P/E Range
Min: 21.83   Max: 44.04
Current: 33.7

21.83
44.04

Valuation & Return

vs
industry
vs
history
Price/Net Cash 41.9
HAE's Price/Net Cash is ranked lower than
68% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 11.40 vs. HAE: 41.9 )
HAE' s 10-Year Price/Net Cash Range
Min: 9.5   Max: 85.1
Current: 41.9

9.5
85.1
Price/Net Current Asset Value 13.2
HAE's Price/Net Current Asset Value is ranked higher than
60% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 12.40 vs. HAE: 13.2 )
HAE' s 10-Year Price/Net Current Asset Value Range
Min: 6.1   Max: 14.7
Current: 13.2

6.1
14.7
Price/Tangible Book 4.1
HAE's Price/Tangible Book is ranked higher than
91% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 4.80 vs. HAE: 4.1 )
HAE' s 10-Year Price/Tangible Book Range
Min: 2.9   Max: 4.6
Current: 4.1

2.9
4.6
Price/DCF (Projected) 1.7
HAE's Price/DCF (Projected) is ranked lower than
76% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 1.20 vs. HAE: 1.7 )
HAE' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 1.9
Current: 1.7

1.3
1.9
Price/Median PS Value 1
HAE's Price/Median PS Value is ranked lower than
73% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 0.90 vs. HAE: 1 )
HAE' s 10-Year Price/Median PS Value Range
Min: 0.7   Max: 1.3
Current: 1

0.7
1.3
Price/Graham Number 2.4
HAE's Price/Graham Number is ranked higher than
99% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 2.30 vs. HAE: 2.4 )
HAE' s 10-Year Price/Graham Number Range
Min: 1.6   Max: 5
Current: 2.4

1.6
5
Earnings Yield (Greenblatt) 2.50
HAE's Earnings Yield (Greenblatt) is ranked higher than
64% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 5.70 vs. HAE: 2.50 )
HAE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.5   Max: 10.1
Current: 2.5

1.5
10.1
Forward Rate of Return (Yacktman) 6.88
HAE's Forward Rate of Return (Yacktman) is ranked higher than
75% of the 124 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 8.11 vs. HAE: 6.88 )
HAE' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 7.2   Max: 17.4
Current: 6.88

7.2
17.4

Business Description

Haemonetics Corporation was founded in 1971 and incorporated in Massachusetts in 1985. The company is a healthcare company which provides blood management solutions to its customers. Its portfolio of integrated devices, information management, and consulting services offers blood management solutions for each facet of the blood supply chain, helping improve clinical outcomes and reduce costs for blood and plasma collectors, hospitals, and patients around the world. Its market segment includes Plasma: Its portfolio of products and services is designed to support multiple facets of plasma collector operations. It offers 'one stop shopping' to its plasma collection customers, enabling them to source from it the full range of products necessary for plasma collection and storage, including PCS brand plasma collection equipment and consumables, plasma collection containers, and intravenous solutions. Its plasma disposables product line represented 35.5%, 33.6%, and 36.0% of its total revenue in fiscal 2012, 2011 and 2010, respectively. Blood center: The Company offers automated blood component collection systems to blood collection centers to collect blood products. It markets the MCS (Multicomponent Collection System) brand apheresis equipment which is designed to collect specific blood components and return the unwanted components to the donor. The MCS automated platelet system collects one or more therapeutic 'doses' of platelets during a single donation by a volunteer blood donor. Its blood center disposables product line represented 29.7%, 30.0%, and 30.8% of its total revenue in fiscal 2012, 2011 and 2010, respectively. Hospital: The Company offers a range of blood management solutions that improve a hospital's systems for acquiring blood, storing it in the hospital, and dispensing it correctly. Its TEG Thromobelastograph Hemostasis Analyzer system is a blood diagnostic instrument that measures a patient's hemostasis or the ability to form and maintain blood clots. Its Cell Saver system is a surgical blood salvage system targeted to procedures that involve rapid, high-volume blood loss, such as cardiovascular surgeries. It has become the standard of care for high blood-loss surgeries. In fiscal 2012, the company launched its newest device, the Cell Saver Elite system, which is its advanced autotransfusion option to minimize allogeneic blood use for surgeries. Software Solutions: To complement its device and disposable products, it has a suite of integrated software solutions that track and monitor blood units along all points in the supply chain, including blood drive planning, donor recruitment and retention, blood processing, blood distribution, and transfusion management. For its plasma customers, the company also provides information technology platforms for managing administrative functions and distribution at plasma fractionation facilities. While each Haemonetics information technology platform can be used as a 'stand-alon
Company Website
SEC Reports
Industry: Medical Instruments & Supplies
Compare:WST, BAX, COV, TMO, COO

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial