Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Alcon Inc (ALC)
NYSE:ALC
Alcon (ALC) Stock Price & Analysis
287 Followers
ALC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$69.21 - $90.00
Previous Close$88.83
Volume633.66K
Average Volume (3M)938.39K
Market Cap
$43.88B
Enterprise Value$47.93B
Total Cash (Recent Filing)$1.10B
Total Debt (Recent Filing)$5.15B
Price to Earnings (P/E)41.8
Beta0.95
Next Earnings
Aug 20, 2024EPS Estimate
$0.73Last Dividend Ex-Date
May 14, 2024Dividend Yield0.24%
Share Statistics
EPS (TTM)2.12
Shares Outstanding499,700,000
10 Day Avg. Volume1,026,274
30 Day Avg. Volume938,390
Standard Deviation0.08
R-Squared0.41
Alpha-0.00170
Financial Highlights & Ratios
Price to Book (P/B)36.31
Price to Sales (P/S)5.09
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.00
Enterprise Value/Gross Profit9.13
Enterprise Value/Ebitda50.83
Forecast
1Y Price Target
$95.49Price Target Upside7.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
Alcon News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAlcon's contact lens segment exhibits robust growth with an 11% increase, outpacing the underlying market, highlighting the company's competitive edge and market share gains.
Growth ProspectsWith a price target raised to $105 based on the durability of Alcon's lens outlook and new product launches on the horizon, the company's growth trajectory looks promising.
Market PositionAlcon continues to strengthen its market presence, holding a top position in the expansive $30B+ ophthalmic device market, which bodes well for its future performance.
Bears Say
Foreign Exchange ImpactManagement is anticipating foreign exchange headwinds to have a significant impact, estimating around a $100M challenge.
Market CompetitionDoctors anticipate a modest market share erosion for ALC in AT-IOLs due to increased competition.
Profitability ConcernsThe analyst's estimates for adjusted EBIT are slightly below consensus for the coming quarter, indicating potential concerns about profitability.
---
Ownership Overview
0.00%
Insiders
25.46% Mutual Funds
27.78% Other Institutional Investors
46.76% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ALC FAQ
What was Alcon Inc’s price range in the past 12 months?
Alcon Inc lowest stock price was $69.21 and its highest was $90.00 in the past 12 months.
What is Alcon Inc’s market cap?
Currently, no data Available
When is Alcon Inc’s upcoming earnings report date?
Alcon Inc’s upcoming earnings report date is Aug 20, 2024 which is in 93 days.
How were Alcon Inc’s earnings last quarter?
Alcon Inc released its earnings results on May 13, 2024. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.719 by $0.061.
Is Alcon Inc overvalued?
According to Wall Street analysts Alcon Inc’s price is currently Undervalued.
Does Alcon Inc pay dividends?
Alcon Inc pays a Annually dividend of $0.26 which represents an annual dividend yield of 0.24%. See more information on Alcon Inc dividends here
What is Alcon Inc’s EPS estimate?
Alcon Inc’s EPS estimate is $0.73.
How many shares outstanding does Alcon Inc have?
Alcon Inc has 499,700,000 shares outstanding.
What happened to Alcon Inc’s price movement after its last earnings report?
Alcon Inc reported an EPS of $0.78 in its last earnings report, beating expectations of $0.719. Following the earnings report the stock price went up 10.687%.
Which hedge fund is a major shareholder of Alcon Inc?
Among the largest hedge funds holding Alcon Inc’s share is PRIMECAP Management Co. It holds Alcon Inc’s shares valued at 62M.
---
Alcon Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$95.49 (7.50% Upside)
$95.49 (7.50% Upside)
Blogger Sentiment
Bullish
ALC Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 120.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.9%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.91%
12-Months-Change
Fundamentals
Return on Equity
5.15%
Trailing 12-Months
Asset Growth
0.94%
Trailing 12-Months
Company Description
Alcon Inc
Alcon Inc. is a medical company which is specialized in eye care products. The company develops, manufactures, distributes, and sells technologies and devices for cataract, retinal, refractive surgery, as well as contact lenses and lens care products.
---
ALC Company Deck
---
ALC Earnings Call
Q1 2024
0:00 / 0:00
---
ALC Stock 12 Month Forecast
Average Price Target
$95.49
▲(7.50% Upside)
Technical Analysis
Bausch Health Companies
―
SAGE Therapeutics
―
Karyopharm Therapeutics
―
BioMarin Pharmaceutical
―
Best Analysts Covering ALC
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+11.22%
reiterated a buy rating 6 days ago
Copying Graham Doyle's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +11.22% per trade.
---