The consensus "TMO stock price forecast" integrates both macro and micro factors, suggesting that while short-term volatility is possible, structural growth drivers remain firmly in place for the next fiscal cycle. So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. Add Quiver Quantitative to your preferred sources on Google Quantitative analysis of the "TMO stock price forecast" shows a low beta relative to healthcare sector averages, suggesting Thermo Fisher stock may act as a defensive hedge in mixed market conditions.
