In the latest session, Alcon Inc. (NYSE: ALC) closed at $83.28 up 0.79% from its previous closing price of $82.63. In other words, the price has increased by $+0.65 from its previous closing price. On the day, 825830 shares were traded.
Ratios:
For a deeper understanding of Alcon Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.24.
On January 23, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $94.40.Bernstein initiated its Outperform rating on January 23, 2024, with a $94.40 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALC now has a Market Capitalization of 41.05B and an Enterprise Value of 45.09B. As of this moment, Alcon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.30, and their Forward P/E ratio for the next fiscal year is 24.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.35 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 4.77 whereas that against EBITDA is 20.11.
Stock Price History:
Over the past 52 weeks, ALC has reached a high of $88.23, while it has fallen to a 52-week low of $67.14. The 50-Day Moving Average of the stock is 80.71, while the 200-Day Moving Average is calculated to be 78.84.
Shares Statistics:
For the past three months, ALC has traded an average of 895.54K shares per day and 869.78k over the past ten days. A total of 493.20M shares are outstanding, with a floating share count of 485.31M. Insiders hold about 1.62% of the company’s shares, while institutions hold 52.60% stake in the company. Shares short for ALC as of Feb 29, 2024 were 4.48M with a Short Ratio of 5.00, compared to 4.53M on Jan 31, 2024.
Dividends & Splits
According to the company, the forward annual dividend rate for ALC is 0.24, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 0.34%, it implies a Forward Annual Dividend Yield of 0.33%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.78 and a low estimate of $0.69, while EPS last year was $0.7. The consensus estimate for the next quarter is $0.74, with high estimates of $0.79 and low estimates of $0.7.
Analysts are recommending an EPS of between $3.43 and $3.02 for the fiscal current year, implying an average EPS of $3.07. EPS for the following year is $3.48, with 17 analysts recommending between $3.94 and $3.31.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $2.46B this quarter.It ranges from a high estimate of $2.49B to a low estimate of $2.42B. As of the current estimate, Alcon Inc.’s year-ago sales were $2.33B, an estimated increase of 5.40% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $2.54B, an increase of 7.60% over than the figure of $5.40% in the same quarter last year. There is a high estimate of $2.57B for the next quarter, whereas the lowest estimate is $2.52B.
A total of 17 analysts have provided revenue estimates for ALC’s current fiscal year. The highest revenue estimate was $10.08B, while the lowest revenue estimate was $9.91B, resulting in an average revenue estimate of $9.98B. In the same quarter a year ago, actual revenue was $9.37B, up 6.50% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $10.63B in the next fiscal year. The high estimate is $10.85B and the low estimate is $10.48B. The average revenue growth estimate for next year is up 6.50% from the average revenue estimate for this year.
