Alcon Inc (NYSE: ALC) has a higher price-to-earnings ratio of 35.66x compared to its average ratio, The 36-month beta value for ALC is at 0.99. Analysts have varying views on the stock, with 16 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for ALC is 486.73M, and currently, shorts hold a 0.71% of that float. The average trading volume for ALC on January 10, 2025 was 820.33K shares.
ALC) stock’s latest price update
The stock of Alcon Inc (NYSE: ALC) has decreased by -0.23 when compared to last closing price of 83.71.Despite this, the company has seen a gain of 0.08% in its stock price over the last five trading days. businesswire.com reported 2024-12-31 that GENEVA–(BUSINESS WIRE)–Alcon to Present at 2025 Annual J.P. Morgan Healthcare Conference.
ALC’s Market Performance
ALC’s stock has risen by 0.08% in the past week, with a monthly drop of -3.41% and a quarterly drop of -13.40%. The volatility ratio for the week is 1.54% while the volatility levels for the last 30 days are 1.37% for Alcon Inc The simple moving average for the last 20 days is -1.49% for ALC’s stock, with a simple moving average of -6.78% for the last 200 days.
Analysts’ Opinion of ALC
Needham, on the other hand, stated in their research note that they expect to see ALC reach a price target of $108, previously predicting the price at $103. The rating they have provided for ALC stocks is “Buy” according to the report published on December 17th, 2024.
ALC Trading at -4.09% 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 unable to rebound, for now settling with -17.39% of loss for the given period.
Volatility was left at 1.37%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares sank -2.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.69% lower at present.
During the last 5 trading sessions, ALC rose by +0.40%, which changed the moving average for the period of 200-days by +0.98% in comparison to the 20-day moving average, which settled at $84.79. In addition, Alcon Inc saw -1.61% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALC starting from Endicott David J., who proposed sale 112,182 shares at the price of $100.49 back on Sep 12 ’24. After this action, Endicott David J. now owns shares of Alcon Inc, valued at $11,273,015 using the latest closing price.
Bell Ian, the Officer of Alcon Inc, proposed sale 10,000 shares at $100.00 during a trade that took place back on Sep 12 ’24, which means that Bell Ian is holding shares at $1,000,047 based on the most recent closing price.
Stock Fundamentals for ALC
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.55 for the gross margin
The net margin for Alcon Inc stands at 0.12. Equity return is now at value 5.59, with 3.89 for asset returns.
Currently, EBITDA for the company is 2.24 billion with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 4.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.57.
Conclusion
In conclusion, Alcon Inc (ALC) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
