Techne Corporation (TECH)

66.42 -1.44  -2.12%  Jun 01, 5:20PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

Techne Corporation Beneish M-Score: -1.205

Get Interactive Chart for

View TECH Beneish M-Score with YCharts Pro.




Start My 14-Day Free Trial We respect your privacy. We will never share your email address.
document.write('');

Access these YCharts Pro features:

  • Export any data you want
  • Save any chart as an image
  • Utilize advanced screener power
  • View 30 years of financial history
  • over 90 advanced calculations
  • Enjoy an advertising free experience
and much more...

TECH Beneish M-Score Rankings

Overall 6th percentile 3540 of 3771
Sector 9th percentile 309 of 343 in Healthcare
Industry 6th percentile 68 of 73 in Medical Appliances & Equipment

TECH Beneish M-Score Range, Past 5 Years

Minimum -2.571 Jun 2008
Maximum -1.205 Jun 2011
Average -2.212

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

You may also be interested in these TECH related companies

Display in Live Stream: Done
Options

TECH News

6 Rallying Healthcare Stocks With Strong Receivable Trends. $BMRN $ERT $EW $KNSY $TECH $YDNT http://stks.co/40JA
about 4 days ago by abubnic
$TECH investment tech learn market budget fund account $$ 3.5% investment banking managemen
about 18 days ago by elijah
What Techne Does With Its Cash
May 12, 10:22AM Fool
RS Gainers (20in5) $FE $XL $SLXP $D $CTL $TECH $PTEN $STUDY http://chart.ly/fu38dfn
about 22 days ago by gtlackey
Techne Corp (TECH) Tops Q3 EPS by 1c
May 01, 7:22AM Street Insider
Techne Corporation Declares Dividend
May 01, 7:00AM PR Newswire
Techne Passes This Key Test
Apr 09, 11:12AM Fool
Baird Downgrades Techne Corp. (TECH) to Neutral
Feb 01, 8:06AM Street Insider
Techne Corp (TECH) Misses Q4 EPS by 3c
Jan 31, 7:07AM Street Insider
Techne Corporation Declares Dividend
Jan 31, 7:00AM PR Newswire
Techne Passes This Key Test
Jan 19, 10:10AM Fool
5 Biotech Stocks for 2012
Dec 09, 9:25AM
$TECH http://stks.co/sMd $TECH Found support at 20d SMA. target 71.41 #BioTech
about 215 days ago by Inside_bar
Techne Raises Dividend for Third Consecutive Year: http://stks.co/r2D / $TECH
about 217 days ago by DynamicDividend
Techne Corporation Declares Dividend
Oct 27, 4:00PM PR Newswire
bot $BCR at 85.99; bot $CRZO at 20.50; bot $ESV at 39.65; bot $MDT at 32.00; bot $MTRX at 8.00; bot $TECH at 66.40; sld $CTSH for a 5% gain;
about 242 days ago by txbondman
$TECH http://chart.ly/8rtpj4g Weekly. Pulling back to B/O line at 67.65 level (dipped below but closed abv). Bearish Engulfing.
about 286 days ago by 1nvestor
$TECH upgraded by Zacks. Has been showing outperformance vs. SPX since mid February. http://stk.ly/mEb9Bn
about 345 days ago by tradewithpete
My top 5 investments for the week: $INFA $HANS $M $DELL $TECH
about 372 days ago by PeterDylan
$TECH $78.27 BAUMGARTNER ROBERT V director S 7,565 @ $78.54 amnt $594,192 proc'd $2,079 5/9/2011
about 389 days ago by canarionyc
$TECH $78.27 BAUMGARTNER ROBERT V director S 2,435 @ $78.84 amnt $191,974 proc'd $1,388 5/4/2011
about 393 days ago by canarionyc
$TECH $78.27 OCONNELL HOWARD V director S 15,000 @ $79.19 amnt $1,187,810 proc'd $13,800 5/4/2011
about 393 days ago by canarionyc
$TECH breaking out
about 494 days ago by OptionRadar
Premarket thoughts and morning watchlist http://stk.ly/c835tP $$ $Tech stocks toppy??
about 583 days ago by Sangluccitrades
Trish, $TECH ( operations in China - Med ) put on your RADAR above 63.45
about 592 days ago by Head_Scratcher
RT @Chicagostock: $TRANS & $TECH sectors both up 2.24% today. Good to see transports join the rally, financials next?
about 616 days ago by drakoncapital
Commented on: "Microsoft, Intel: Going Long WINTEL" http://soc.li/2JTVCIc $INTC $MSFT $TECH
about 626 days ago by The20YM
RT @fastcompany: Massive Untapped Lithium Deposits Discovered in Afghanistan, Here's Why You Should Care: http://is.gd/cONnX $tech
about 719 days ago by mckra1g
http://chart.ly/t9qvqh $TECH - Possble play for ST bounce. "W" formation with 5-6 pts upside, keep tight stop near $58.90
about 741 days ago by ToddinFL
Healthcare stocks up yet again. Favorable expectations for the sector - $BEC $TECH $ALGN seeing nice gains: http://equityclock.com/?p=1768
about 778 days ago by EquityClock
$$ Today's Hot Arbs: $ATI and $PAL, $GNK and $PRGN, $UEPS and $SCOR, $ONXX and $TECH - http://www.hotarb.com
about 855 days ago by rfurlan
is es_f up since $aapl reported - figured that would give $tech a boost tomorrow and help heal last weeks wounded tape
about 858 days ago by zippertheory
$TECH Like this as a potential short, breaking 67.10 http://fsc.bz/2fA #WORDEN
about 872 days ago by themeatbaron

Recent Quotes

Symbol Price Chg Chg % Market Cap
TECH 66.42 -1.44 -2.12% 2.501B
TECD 47.17 -0.44 -0.92% 1.966B
TEAR 3.02 -0.22 -6.79% 66.16M
TEA 13.04 -0.24 -1.81% 508.76M
TE 17.19 -0.21 -1.21% 3.755B
TDY 57.17 -2.41 -4.04% 2.187B
TDW 44.47 -0.61 -1.35% 2.306B
TDS.S 26.92 +0.07 +0.26%
TDS 19.44 -0.41 -2.07% 2.153B
TDD 21.62 -0.01 -0.05%
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close