Alcon Inc. (NYSE:ALC) went up by 3.07% from its latest closing price compared to the recent 1-year high of $69.21. The company’s stock price has collected 6.84% of gains in the last five trading sessions. Press Release reported on 01/07/21 that Alcon Announces Launch of AcrySof IQ Vivity, the First and Only Non-Diffractive Extended Depth of Focus Intraocular Lens in the U.S.
Is It Worth Investing in Alcon Inc. (NYSE :ALC) Right Now?
Opinions of the stock are interesting as 9 analysts out of 23 who provided ratings for Alcon Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 5 as “sell.”
The average price from analysts is $68.78, which is -$1.54 below the current price. ALC currently public float of 489.13M and currently shorts hold a 1.23% ratio of that float. Today, the average trading volume of ALC was 921.94K shares.
ALC’s Market Performance
ALC stocks went up by 6.84% for the week, with a monthly jump of 8.64% and a quarterly performance of 12.58%, while its annual performance rate touched 16.03%. The volatility ratio for the week stands at 1.76% while the volatility levels for the past 30 days are set at 1.47% for Alcon Inc.. The simple moving average for the period of the last 20 days is 6.12% for ALC stocks with a simple moving average of 17.22% for the last 200 days.
Analysts’ Opinion of ALC
Citigroup gave a rating of “Sell” to ALC, setting the target price at $55 in the report published on July 06th of the previous year.
ALC Trading at 8.69% from the 50-Day Moving Average
After a stumble in the market that brought ALC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.84% of gains for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +8.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.78% upper at present.
During the last 5 trading sessions, ALC rose by +6.84%, which changed the moving average for the period of 200-days by +37.17% in comparison to the 20-day moving average, which settled at $66.05. In addition, Alcon Inc. saw 5.77% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ALC
Current profitability levels for the company are sitting at:
- +1.09 for the present operating margin
- +48.47 for the gross margin
The net margin for Alcon Inc. stands at -8.74. The total capital return value is set at 0.36, while invested capital returns managed to touch -2.93.
Based on Alcon Inc. (ALC), the company’s capital structure generated 19.79 points at debt to equity in total, while total debt to capital is 16.52. Total debt to assets is 13.81, with long-term debt to equity ratio resting at 18.12. Finally, the long-term debt to capital ratio is 15.13.
When we switch over and look at the enterprise to sales, we see a ratio of 3.97, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 4.87 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.