Mesa Laboratories Stock Today

MLAB Stock  USD 98.59  1.16  1.16%   

Performance

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Odds Of Distress

Less than 31

 
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Mesa Laboratories is trading at 98.59 as of the 21st of November 2024, a 1.16 percent decrease since the beginning of the trading day. The stock's open price was 99.75. Mesa Laboratories has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Mesa Laboratories are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
25th of January 1995
Category
Technology
Classification
Health Care
Mesa Laboratories, Inc. develops, manufactures, and sells life sciences tools and quality control products and services in the United States, Europe, the Asia Pacific, and internationally. The company was incorporated in 1982 and is headquartered in Lakewood, Colorado. The company has 5.43 M outstanding shares of which 150.21 K shares are now shorted by private and institutional investors with about 5.19 trading days to cover. More on Mesa Laboratories

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Mesa Stock Highlights

ESG Sustainability
Environmental
Governance
Social
COO, Vice PresidentGary Owens
Thematic IdeaMeasuring and Control Equipment (View all Themes)
Business ConcentrationLife Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Measuring and Control Equipment, Health Care, Life Sciences Tools & Services, Scientific & Technical Instruments, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.750.4839
Way Up
Slightly volatile
Gross Profit Margin0.690.6164
Moderately Up
Slightly volatile
Total Current Liabilities46.5 M44.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total269.9 M257.1 M
Sufficiently Up
Slightly volatile
Total Assets469.1 M446.8 M
Sufficiently Up
Slightly volatile
Total Current Assets114.8 M109.4 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities46.3 M44.1 M
Sufficiently Up
Slightly volatile
Debt Levels
Mesa Laboratories can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mesa Laboratories' financial leverage. It provides some insight into what part of Mesa Laboratories' total assets is financed by creditors.
Liquidity
Mesa Laboratories currently holds 231.3 M in liabilities with Debt to Equity (D/E) ratio of 0.57, which is about average as compared to similar companies. Mesa Laboratories has a current ratio of 2.84, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mesa Laboratories' use of debt, we should always consider it together with its cash and equity.

Change To Inventory

2.69 Million
Mesa Laboratories (MLAB) is traded on NASDAQ Exchange in USA. It is located in 12100 West Sixth Avenue, Lakewood, CO, United States, 80228 and employs 736 people. Mesa Laboratories is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 535.48 M. Mesa Laboratories conducts business under Life Sciences Tools & Services sector and is part of Health Care industry. The entity has 5.43 M outstanding shares of which 150.21 K shares are now shorted by private and institutional investors with about 5.19 trading days to cover. Mesa Laboratories currently holds about 43.75 M in cash with 44.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.23.
Check Mesa Laboratories Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Mesa Laboratories is $535.48 Million. The majority of Mesa Laboratories outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mesa Laboratories to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mesa Laboratories. Please pay attention to any change in the institutional holdings of Mesa Laboratories as this could imply that something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Mesa Ownership Details

Mesa Stock Institutional Holders

InstituionRecorded OnShares
Hhg Plc2024-06-30
114 K
Glenmede Trust Co Na2024-06-30
98.8 K
Northern Trust Corp2024-09-30
92 K
Raymond James & Associates2024-09-30
76.9 K
Kennedy Capital Management Inc2024-06-30
70.4 K
Charles Schwab Investment Management Inc2024-09-30
62.6 K
Acadian Asset Management Llc2024-06-30
59.8 K
Bank Of New York Mellon Corp2024-06-30
58.6 K
Granahan Investment Management Inc..2024-06-30
54.4 K
Blackrock Inc2024-06-30
803.5 K
Conestoga Capital Advisors, Llc2024-09-30
529.1 K
View Mesa Laboratories Diagnostics

Mesa Laboratories Historical Income Statement

At present, Mesa Laboratories' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 227 M, whereas Operating Income is projected to grow to (258.5 M). View More Fundamentals

Mesa Stock Against Markets

Mesa Laboratories Corporate Management

Peter DanskyPres GenomicsProfile
Brian ArchboldSenior ImprovementProfile
Bryan LeoVP OperationsProfile
Garrett KrushefskiVP OperationsProfile
When determining whether Mesa Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesa Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Laboratories Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Mesa Stock refer to our How to Trade Mesa Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesa Laboratories. If investors know Mesa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesa Laboratories listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.875
Dividend Share
0.64
Earnings Share
(45.62)
Revenue Per Share
42.3
Quarterly Revenue Growth
0.088
The market value of Mesa Laboratories is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Mesa Laboratories' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesa Laboratories' market value can be influenced by many factors that don't directly affect Mesa Laboratories' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mesa Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Laboratories' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.