BioLife Solutions, Inc (NASDAQ: BLFS) is uniquely positioned in that it is a supplier of highly specialized equipment for the cell and gene therapy industries. While not a health care company itself it is fundamental to the industry and a company whose stock is on the move. Not only did the company deliver a solid 77% increase in YOY revenue but it announced a game-changing acquisition and got an important upgrade to boot.
The acquisition is Global Cooling, the parent company of Stirling Ultracold, a manufacturer of ultra-low temperature mechanical freezers. The deal is an all-stock transaction that will grow BioLife Solutions revenue by 80% by the end of the year with accretive impact to bottom-line results in 2022. The upgrade comes from Benchmark and is from Neutral to Buy. The price target is $54 or 40% from upside from Monday’s close but don’t rush to buy just yet. The premarket action has this stock up 20% so we suggest waiting for a pullback before making any decisions.
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Recent BLFS News
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 07:27:21 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/09/2024 12:03:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:18:11 PM
- BioLife Solutions Reports Second Quarter 2024 Financial Results • PR Newswire (US) • 08/08/2024 08:03:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:58:32 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/26/2024 12:13:51 PM
- BioLife Solutions to Report Second Quarter 2024 Financial Results and Business Update on August 8, 2024 • PR Newswire (US) • 07/25/2024 08:03:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 09:00:19 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/05/2024 08:31:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:05:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:05:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:05:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:05:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/31/2024 09:05:01 PM
- BioLife Solutions Introduces the CellSeal CryoCase™ at International Society for Cell & Gene Therapies (ISCT) Conference in Vancouver • PR Newswire (US) • 05/29/2024 12:04:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 12:13:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 12:13:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 12:13:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 12:13:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 12:13:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:34:39 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:11:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:09:39 PM
- BioLife Solutions Reports First Quarter 2024 Financial Results • PR Newswire (US) • 05/09/2024 08:03:00 PM
- BioLife Solutions to Report First Quarter 2024 Financial Results and Business Update on May 9, 2024 • PR Newswire (US) • 04/30/2024 08:12:00 PM
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