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The price of Alcon Inc. (NYSE: ALC) closed at $93.84 in the last session, up 0.25% from day before closing price of $93.61. In other words, the price has increased by $0.25 from its previous closing price. On the day, 0.51 million shares were traded. ALC stock price reached its highest trading level at $94.55 during the session, while it also had its lowest trading level at $93.82.
Ratios:
We take a closer look at ALC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Morgan Stanley on July 15, 2024, Upgraded its rating to Equal-Weight and sets its target price to $85 from $65 previously.
On May 15, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $103.
On April 10, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $100.Goldman initiated its Buy rating on April 10, 2024, with a $100 target price.
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 46286016512 and an Enterprise Value of 50222784512. As of this moment, Alcon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.32, and their Forward P/E ratio for the next fiscal year is 26.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.84 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 5.252 whereas that against EBITDA is 22.361.
Stock Price History:
The Beta on a monthly basis for ALC is 0.98, which has changed by 0.13247037 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, ALC has reached a high of $95.12, while it has fallen to a 52-week low of $69.44. The 50-Day Moving Average of the stock is 3.32%, while the 200-Day Moving Average is calculated to be 14.23%.
Shares Statistics:
According to the various share statistics, ALC traded on average about 827.59K shares per day over the past 3-months and 814990 shares per day over the past 10 days. 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 70.20% stake in the company. Shares short for ALC as of 1722384000 were 3012115 with a Short Ratio of 4.54, compared to 1719532800 on 3760245.
Dividends & Splits
The forward annual dividend rate for ALC is 0.26, which was 0.285 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0030445463
Earnings Estimates
The market rating for Alcon Inc. (ALC) is a result of the insights provided by 15.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.75, with high estimates of $0.87 and low estimates of $0.72.
Analysts are recommending an EPS of between $3.42 and $2.95 for the fiscal current year, implying an average EPS of $3.07. EPS for the following year is $3.52, with 23.0 analysts recommending between $3.93 and $3.37.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $2.52B. It ranges from a high estimate of $2.55B to a low estimate of $2.49B. As of the current estimate, Alcon Inc.’s year-ago sales were $2.36BFor the next quarter, 13 analysts are estimating revenue of $2.47B. There is a high estimate of $2.49B for the next quarter, whereas the lowest estimate is $2.44B.
A total of 22 analysts have provided revenue estimates for ALC’s current fiscal year. The highest revenue estimate was $10.06B, while the lowest revenue estimate was $9.81B, resulting in an average revenue estimate of $9.96B. In the same quarter a year ago, actual revenue was $9.37BBased on 22 analysts’ estimates, the company’s revenue will be $10.63B in the next fiscal year. The high estimate is $10.9B and the low estimate is $10.36B.
