Alcon, Inc. [NYSE: ALC] shares went lower by -0.32% from its previous closing of $60.19, now trading at the price of $60.00, also adding -0.19 points. Is ALC stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 1.3 million contracts. Compared to the average trading volume of ALC shares, the company saw a far better performance. Moreover, the stock has a float and a -0.68% run over in the last seven days. ALC share price has been hovering between $63.73 and $53.78 lately, and is definitely worthy of attention.
Alcon, Inc. [NYSE:ALC]: Analyst Rating and Earnings
Its stock price has been found in the range of 53.78 to 63.73. This is compared to its latest closing price of $60.19.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for Tue 20 Aug (22 days ago).
Fundamental Analysis of Alcon, Inc. [ALC]
Now let’s turn to look at profitability: with a current Operating Margin for Alcon, Inc. [ALC] sitting at -3.47 and its Gross Margin at +44.62.
Turning to investigate this organization’s capital structure, Alcon, Inc. [ALC] has generated a Total Debt to Total Equity ratio of 0.60. Similarly, its Total Debt to Total Capital is 0.60, while its Total Debt to Total Assets stands at 0.50. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is -10.33, and its Long-Term Debt to Total Capital is 0.39.
What about valuation? This company’s Enterprise Value to EBITDA is 21.31 and its Total Debt to EBITDA Value is 0.10. The Enterprise Value to Sales for this firm is now 4.14.
Shifting the focus to workforce efficiency, Alcon, Inc. [ALC] earns $343,475 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 4.45 and its Total Asset Turnover is 0.26. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.03 and its Current Ratio is 1.80. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Alcon, Inc. [ALC] has 488.70M shares outstanding, amounting to a total market cap of $29.41B. Its stock price has been found in the range of 53.78 to 63.73. At its current price, it has moved down by -5.85% from its 52-week high, and it has moved up 11.57% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 49.04. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Alcon, Inc. [ALC] a Reliable Buy?
Shares of Alcon, Inc. [ALC], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.