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The closing price of Bausch + Lomb Corp (NYSE: BLCO) was $20.93 for the day, up 0.77% from the previous closing price of $20.77. In other words, the price has increased by $0.77 from its previous closing price. On the day, 0.79 million shares were traded. BLCO stock price reached its highest trading level at $21.06 during the session, while it also had its lowest trading level at $20.56.
Ratios:
Our analysis of BLCO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.71.
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, Evercore ISI on October 15, 2024, Upgraded its rating to Outperform and sets its target price to $25 from $19 previously.
On July 10, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $19.
Morgan Stanley Upgraded its Equal-Weight to Overweight on May 06, 2024, whereas the target price for the stock was revised from $16 to $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 05 ’24 when SAUNDERS BRENT L bought 32,250 shares for $15.66 per share. The transaction valued at 505,067 led to the insider holds 595,169 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLCO now has a Market Capitalization of 7365162496 and an Enterprise Value of 11788171264. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 2.623 whereas that against EBITDA is 19.42.
Stock Price History:
Over the past 52 weeks, BLCO has reached a high of $21.69, while it has fallen to a 52-week low of $13.16. The 50-Day Moving Average of the stock is 18.94%, while the 200-Day Moving Average is calculated to be 31.29%.
Shares Statistics:
BLCO traded an average of 819.63K shares per day over the past three months and 791470 shares per day over the past ten days. A total of 350.91M shares are outstanding, with a floating share count of 38.79M. Insiders hold about 88.98% of the company’s shares, while institutions hold 11.55% stake in the company. Shares short for BLCO as of 1727654400 were 1442941 with a Short Ratio of 1.76, compared to 1724976000 on 2208194. Therefore, it implies a Short% of Shares Outstanding of 1442941 and a Short% of Float of 3.5099998.
