Bausch Health Companies Inc (NYSE: BHC) closed the day trading at $8.76 down -2.34% from the previous closing price of $8.97. On the day, 5235768 shares were traded.
Ratios:
For a better understanding of BHC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.30.
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 the company, Jefferies on September 20, 2023, Upgraded its rating to Buy and sets its target price to $16 from $9 previously.
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 Mar 04 ’24 when Carson Seana sold 6,313 shares for $9.80 per share. The transaction valued at 61,867 led to the insider holds 499,905 shares of the business.
Carson Seana sold 220 shares of BHC for $1,624 on Dec 05 ’23. The EVP, General Counsel now owns 382,925 shares after completing the transaction at $7.38 per share. On Nov 06 ’23, another insider, Carson Seana, who serves as the EVP, General Counsel of the company, sold 43 shares for $7.61 each. As a result, the insider received 327 and left with 384,836 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37.
Stock Price History:
Over the past 52 weeks, BHC has reached a high of $11.46, while it has fallen to a 52-week low of $5.57.
Shares Statistics:
A total of 365.24M shares are outstanding, with a floating share count of 356.59M. Insiders hold about 2.41% of the company’s shares, while institutions hold 79.13% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from BTC analysts. The consensus estimate for the next quarter is $35.79, with high estimates of $35.94 and low estimates of $58.56.
Analysts are recommending an EPS of between $Consumer Defensive and $Basic Materials for the fiscal current year, implying an average EPS of $Financial Services.
