Bio-Techne Corp

TECH: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$48.00	Bkqpnv	Fffnrmbgn

Bio-Techne Earnings: In Line Results, Gradual Recovery in Fiscal 2025; Shares Modestly Undervalued

Jay Lee

Aug 8, 2024

Narrow moat Bio-Techne’s fourth-quarter earnings were in line with our expectations. Revenue was $306 million for the three months and $1.2 billion for the full year ended June 30, which both represented 1% organic year-over-year growth. We are maintaining our fair value estimate of $87 per share and view shares as modestly undervalued.

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