For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $89.81 in the prior trading day, Alcon Inc (NYSE: ALC) closed at $88.16, down -1.84%. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 1.85 million shares were traded. ALC stock price reached its highest trading level at $88.755 during the session, while it also had its lowest trading level at $87.6.
Ratios:
Our goal is to gain a better understanding of ALC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.57. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on January 24, 2025, Reiterated its Buy rating but revised its target price to $106 from $108 previously.
Needham reiterated its Buy rating for the stock on December 17, 2024, while the target price for the stock was revised from $103 to $108.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’24 when Endicott David J. bought 112,182 shares for $100.49 per share.
Bell Ian bought 10,000 shares of ALC for $1,000,047 on Sep 12 ’24. On Sep 09 ’24, another insider, Narayanan Rajkumar, who serves as the Officer of the company, bought 4,622 shares for $96.54 each.
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 44562587648 and an Enterprise Value of 46741934080. As of this moment, Alcon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.64, and their Forward P/E ratio for the next fiscal year is 26.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.46 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 4.789 whereas that against EBITDA is 19.831.
Stock Price History:
The Beta on a monthly basis for ALC is 1.07, which has changed by 0.15318441 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, ALC has reached a high of $101.10, while it has fallen to a 52-week low of $74.53. The 50-Day Moving Average of the stock is 1.36%, while the 200-Day Moving Average is calculated to be -2.47%.
Shares Statistics:
The stock has traded on average 1.09M shares per day over the past 3-months and 1569870 shares per day over the last 10 days, according to various share statistics. A total of 494.60M shares are outstanding, with a floating share count of 486.47M. Insiders hold about 1.38% of the company’s shares, while institutions hold 56.25% stake in the company. Shares short for ALC as of 1738281600 were 3208759 with a Short Ratio of 3.00, compared to 1735603200 on 3067543.
