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MLAB 1-star rating from Upturn Advisory
Mesa Laboratories Inc (MLAB) company logo

Mesa Laboratories Inc (MLAB)

Mesa Laboratories Inc (MLAB) 1-star rating from Upturn Advisory
$74.2
Last Close (24-hour delay)
Profit since last BUY-2.93%
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Upturn Advisory Summary

11/05/2025: MLAB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $88.5

1 Year Target Price $88.5

Analysts Price Target For last 52 week
$88.5 Target price
52w Low $55.32
Current$74.2
52w High $154.33

Analysis of Past Performance

Type Stock
Historic Profit -52.53%
Avg. Invested days 25
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 411.89M USD
Price to earnings Ratio -
1Y Target Price 88.5
Price to earnings Ratio -
1Y Target Price 88.5
Volume (30-day avg) 4
Beta 0.91
52 Weeks Range 55.32 - 154.33
Updated Date 11/7/2025
52 Weeks Range 55.32 - 154.33
Updated Date 11/7/2025
Dividends yield (FY) 0.86%
Basic EPS (TTM) -0.13

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-06
When -
Estimate 2.3
Actual -

Profitability

Profit Margin -0.26%
Operating Margin (TTM) 5.15%

Management Effectiveness

Return on Assets (TTM) 2.04%
Return on Equity (TTM) -0.38%

Valuation

Trailing PE -
Forward PE 35.21
Enterprise Value 568237582
Price to Sales(TTM) 1.7
Enterprise Value 568237582
Price to Sales(TTM) 1.7
Enterprise Value to Revenue 2.34
Enterprise Value to EBITDA 12.54
Shares Outstanding 5501454
Shares Floating 5324197
Shares Outstanding 5501454
Shares Floating 5324197
Percent Insiders 5.5
Percent Institutions 92.85

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Mesa Laboratories Inc

Mesa Laboratories Inc(MLAB) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Mesa Laboratories, Inc. was founded in 1982. Initially focused on providing quality control equipment and services to the pharmaceutical industry, it has expanded through strategic acquisitions and organic growth to offer a wider range of products and services related to sterilization, disinfection, and analytical quality control.

Company business area logo Core Business Areas

  • Sterilization and Disinfection Control: Develops and manufactures biological indicators (BIs), chemical indicators (CIs), and process challenge devices (PCDs) used to monitor sterilization and disinfection processes in healthcare, pharmaceutical, and industrial settings.
  • Continuous Monitoring: Provides real-time monitoring systems for environmental parameters such as temperature, humidity, and differential pressure, primarily used in pharmaceutical manufacturing and other controlled environments.
  • Instruments: Offers a range of precision measurement instruments, including calibrators, flow meters, and sensors, used for various industrial and scientific applications.
  • Consumables: Production of consumable products for cleaning and sterilization

leadership logo Leadership and Structure

The leadership team includes the CEO, CFO, and various VPs heading different business units. The organizational structure is typically hierarchical, with functional departments supporting the core business segments. The current CEO is Gary Owens. The CFO is John Sakys.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Biological Indicators (BIs): BIs are used to monitor sterilization processes. Mesa Labs is a leading supplier in this market. Competitors include STERIS Corporation and 3M. Market share is approximately 30% in the BI market segment.
  • DataTrace: DataTrace is a real-time monitoring system used in pharmaceutical manufacturing. Competitors include Vaisala and Kaye (part of Amphenol). Mesa aims to increase its share in this market to greater than 10%.
  • Apex Indicators: Apex chemical indicators, are used to determine if certain conditions for sterilization were met. Compettitors include STERIS Corporation and 3M. Market share is approximately 20% in the Apex market segment.

Market Dynamics

industry overview logo Industry Overview

The sterilization and disinfection control market is driven by stringent regulations, increasing healthcare-associated infections (HAIs), and the growing demand for sterile products in various industries. The market is expected to grow moderately in the coming years.

Positioning

Mesa Laboratories Inc is positioned as a leading provider of quality control solutions, with a strong focus on innovation and regulatory compliance. Their competitive advantage lies in their comprehensive product portfolio and expertise in sterilization and disinfection monitoring.

Total Addressable Market (TAM)

The TAM for sterilization and disinfection control is estimated to be around $3 billion globally. Mesa Laboratories Inc has a potential of approimately 10% of this market.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation
  • Comprehensive product portfolio
  • Expertise in regulatory compliance
  • Established customer base
  • High gross margins

Weaknesses

  • Dependence on regulatory approvals
  • Limited geographic presence compared to larger competitors
  • Integration challenges with acquired companies
  • Small company compared to competitors

Opportunities

  • Expanding into emerging markets
  • Developing new products and services for emerging applications
  • Acquiring complementary businesses
  • Capitalizing on increasing regulatory scrutiny

Threats

  • Increased competition from larger players
  • Changes in regulatory requirements
  • Economic downturn affecting capital spending
  • Product liability claims

Competitors and Market Share

Key competitor logo Key Competitors

  • STERIS (STE)
  • 3M (MMM)
  • Cantel Medical (Formerly CANT) (Now part of STERIS (STE))

Competitive Landscape

Mesa Labs is a smaller player compared to STERIS and 3M, but it has a strong niche focus on sterilization and disinfection control. Mesa Labs competes on product quality, innovation, and customer service.

Major Acquisitions

Biological Controls, Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 30
  • Strategic Rationale: Expanded Mesa's biological indicator product line and customer base.

Glocon Inc.

  • Year: 2023
  • Acquisition Price (USD millions): 18.5
  • Strategic Rationale: Expanded Mesa's offerings of data acquisition and control products.

Growth Trajectory and Initiatives

Historical Growth: Mesa Laboratories Inc has achieved strong growth through both organic initiatives and strategic acquisitions.

Future Projections: Analysts project continued growth for Mesa Labs, driven by increasing demand for sterilization and disinfection control products. Projected growth is approximately 7% annually.

Recent Initiatives: Recent initiatives include expanding into new markets (such as Europe), developing new products for the pharmaceutical industry, and optimizing operations to improve profitability.

Summary

Mesa Laboratories Inc. is a strong company with a focus on niche markets for sterilization and disinfection controls. Their financial performance continues to show high gross margins and consistent revenue growth. Areas to look out for include regulatory changes and integration challenges with acquired companies, with increasing competition from larger players.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q)
  • Company Website
  • Analyst Reports (where available)
  • Market Research Reports

Disclaimers:

The information provided is for informational purposes only and should not be construed as investment advice. Market share data is approximate and based on available industry reports. Financial data is based on historical performance and does not guarantee future results.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Mesa Laboratories Inc

Exchange NASDAQ
Headquaters Lakewood, CO, United States
IPO Launch date 1995-01-25
CEO, President & Director Mr. Gary M. Owens
Sector Technology
Industry Scientific & Technical Instruments
Full time employees 730
Full time employees 730

Mesa Laboratories, Inc. develops, designs, manufactures, sells, and services life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally. The Sterilization and Disinfection Control segment offers biological, chemical, and cleaning indicators, used to assess the effectiveness of sterilization decontamination, disinfection, and cleaning processes in the pharmaceutical, medical device, and healthcare industries. This segment also provides testing and laboratory services to the dental and pharmaceutical industries. Its Clinical Genomics segment offers MassARRAY, a genetic analysis tool system, and related consumables, including chips, panels, and chemical reagent solutions used by clinical labs to analyze DNA samples for inherited genetic disease testing, pharmacogenetics, oncology testing, infectious disease testing, doping and toxicology testing, and other differentiated applications for use in research. The Biopharmaceutical Development segment provides automated systems, such as Gyrolab xPand and Gyrolab xPlore hardware and software, Gyrolab Bioaffy consumable microfluidic disks, Gyrolab kits and Rexxip buffers for protein analysis; PurePep Chorus and Symphony instruments for peptide synthesis; and PurePep EasyClean products for purifying peptides. Its Calibration Solutions segment offers quality control products to measure and calibrate critical parameters in applications, such as environmental and process monitoring, dialysis, gas flow, air quality, and torque testing in medical device and pharmaceutical manufacturing, laboratory, and hospital environments. This segment's products include continuous monitoring systems, dialysate meters and consumables, data loggers, gas flow calibration and air sampling equipment, and torque testing systems under DialyGuard, ViewPoint, DataTrace, DryCal, and BGI brands. Mesa Laboratories, Inc. was incorporated in 1982 and is headquartered in Lakewood, Colorado.