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Bausch + Lomb Corp (NYSE: BLCO) closed the day trading at $19.81 down -0.30% from the previous closing price of $19.87. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 0.78 million shares were traded. BLCO stock price reached its highest trading level at $20.0 during the session, while it also had its lowest trading level at $19.67.
Ratios:
For a better understanding of BLCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.70.
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:
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 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 7022981632 and an Enterprise Value of 11348369408. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 2.423 whereas that against EBITDA is 17.871.
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 5.64%, while the 200-Day Moving Average is calculated to be 21.81%.
Shares Statistics:
Over the past 3-months, BLCO traded about 677.02K shares per day on average, while over the past 10 days, BLCO traded about 544950 shares per day. 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 11.57% stake in the company. Shares short for BLCO as of 1728950400 were 1517309 with a Short Ratio of 2.24, compared to 1726185600 on 2204046. Therefore, it implies a Short% of Shares Outstanding of 1517309 and a Short% of Float of 3.6799999999999997.
