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Alcon Inc. (NYSE: ALC) closed the day trading at $95.29 down -1.37% from the previous closing price of $96.61. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 0.68 million shares were traded. ALC stock price reached its highest trading level at $96.42 during the session, while it also had its lowest trading level at $95.195.
Ratios:
For a better understanding of ALC, 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 34.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
Morgan Stanley Upgraded its Underweight to Equal-Weight on July 15, 2024, whereas the target price for the stock was revised from $65 to $85.
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 47388004352 and an Enterprise Value of 50822070272. As of this moment, Alcon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.83, and their Forward P/E ratio for the next fiscal year is 27.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 5.274 whereas that against EBITDA is 21.953.
Stock Price History:
Over the past 52 weeks, ALC has reached a high of $101.10, while it has fallen to a 52-week low of $69.44. The 50-Day Moving Average of the stock is -1.18%, while the 200-Day Moving Average is calculated to be 9.20%.
Shares Statistics:
Over the past 3-months, ALC traded about 770.78K shares per day on average, while over the past 10 days, ALC traded about 564630 shares per day. A total of 493.20M shares are outstanding, with a floating share count of 486.75M. Insiders hold about 1.33% of the company’s shares, while institutions hold 55.23% stake in the company. Shares short for ALC as of 1727654400 were 3094349 with a Short Ratio of 4.01, compared to 1724976000 on 2987150.
Dividends & Splits
ALC’s forward annual dividend rate is 0.26, up from 0.285 a year ago. Against a Trailing Annual Dividend Yield of 0.0029500052
