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The closing price of Bausch + Lomb Corp (NYSE: BLCO) was $13.74 for the day, down -5.50% from the previous closing price of $14.54. In other words, the price has decreased by -$5.50 from its previous closing price. On the day, 1.72 million shares were traded. BLCO stock price reached its highest trading level at $14.54 during the session, while it also had its lowest trading level at $13.64.
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 1.09 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.67.
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 January 04, 2024, Downgraded its rating to In-line and sets its target price to $17 from $19 previously.
On December 12, 2023, Stifel started tracking the stock assigning a Hold rating and target price of $16.
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 4829142528 and an Enterprise Value of 9210633216. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 2.222 whereas that against EBITDA is 15.718.
Stock Price History:
The Beta on a monthly basis for BLCO is 0.47, which has changed by -0.21485716 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, BLCO has reached a high of $21.95, while it has fallen to a 52-week low of $13.62. The 50-Day Moving Average of the stock is -13.64%, while the 200-Day Moving Average is calculated to be -16.57%.
Shares Statistics:
BLCO traded an average of 458.68K shares per day over the past three months and 486630 shares per day over the past ten days. A total of 350.91M shares are outstanding, with a floating share count of 38.30M. Insiders hold about 89.09% of the company’s shares, while institutions hold 11.21% stake in the company. Shares short for BLCO as of 1713139200 were 1628573 with a Short Ratio of 3.55, compared to 1710460800 on 1227079. Therefore, it implies a Short% of Shares Outstanding of 1628573 and a Short% of Float of 4.02.
Earnings Estimates
A comprehensive evaluation of Bausch + Lomb Corp (BLCO) is underway, with the input of 7.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.03, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.2, with high estimates of $0.23 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.93 and $0.6 for the fiscal current year, implying an average EPS of $0.82. EPS for the following year is $1.2, with 10.0 analysts recommending between $1.32 and $1.12.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $1.47B to a low estimate of $1.43B. As of the current estimate, Bausch + Lomb Corp’s year-ago sales were $1.19BFor the next quarter, 8 analysts are estimating revenue of $1.61B. There is a high estimate of $1.63B for the next quarter, whereas the lowest estimate is $1.58B.
A total of 10 analysts have provided revenue estimates for BLCO’s current fiscal year. The highest revenue estimate was $6.43B, while the lowest revenue estimate was $6.29B, resulting in an average revenue estimate of $6.36B. In the same quarter a year ago, actual revenue was $5.67BBased on 10 analysts’ estimates, the company’s revenue will be $6.71B in the next fiscal year. The high estimate is $6.85B and the low estimate is $6.61B.
