As of close of business last night, Bausch Health Companies Inc’s stock clocked out at $9.50, down -0.94% from its previous closing price of $9.59. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 1684082 shares were traded.
Ratios:
To gain a deeper understanding of BHC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.48. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHC now has a Market Capitalization of 3.45B and an Enterprise Value of 24.89B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40. Its current Enterprise Value per Revenue stands at 2.84 whereas that against EBITDA is 11.30.
Stock Price History:
Over the past 52 weeks, BHC has reached a high of $10.15, while it has fallen to a 52-week low of $5.57. The 50-Day Moving Average of the stock is 8.70, while the 200-Day Moving Average is calculated to be 8.09.
Shares Statistics:
It appears that BHC traded 2.32M shares on average per day over the past three months and 1.26M shares per day over the past ten days. A total of 365.24M shares are outstanding, with a floating share count of 356.39M. Insiders hold about 2.41% of the company’s shares, while institutions hold 79.18% stake in the company. Shares short for BHC as of Feb 29, 2024 were 24.64M with a Short Ratio of 10.60, compared to 21.31M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.74% and a Short% of Float of 7.34%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 6.52.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.69 for the current quarter, with a high estimate of $0.85 and a low estimate of $0.59, while EPS last year was $0.52. The consensus estimate for the next quarter is $0.96, with high estimates of $1.05 and low estimates of $0.87.
Analysts are recommending an EPS of between $4.18 and $3.67 for the fiscal current year, implying an average EPS of $3.93. EPS for the following year is $3.99, with 4 analysts recommending between $5.02 and $2.7.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $2.15B. It ranges from a high estimate of $2.17B to a low estimate of $2.13B. As of the current estimate, Bausch Health Companies Inc’s year-ago sales were $1.97B, an estimated increase of 9.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $2.35B, an increase of 8.40% less than the figure of $9.30% in the same quarter last year. There is a high estimate of $2.37B for the next quarter, whereas the lowest estimate is $2.33B.
A total of 5 analysts have provided revenue estimates for BHC’s current fiscal year. The highest revenue estimate was $9.44B, while the lowest revenue estimate was $9.31B, resulting in an average revenue estimate of $9.39B. In the same quarter a year ago, actual revenue was $8.76B, up 7.20% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $9.44B in the next fiscal year. The high estimate is $9.75B and the low estimate is $8.76B. The average revenue growth estimate for next year is up 0.50% from the average revenue estimate for this year.
