The stock of Alcon Inc (ALC) has seen a 6.09% increase in the past week, with a 5.32% gain in the past month, and a -5.68% decrease in the past quarter. The volatility ratio for the week is 1.34%, and the volatility levels for the past 30 days are at 1.30% for ALC. The simple moving average for the past 20 days is 4.76% for ALC’s stock, with a -0.50% simple moving average for the past 200 days.
Is It Worth Investing in Alcon Inc (NYSE: ALC) Right Now?
The price-to-earnings ratio for Alcon Inc (NYSE: ALC) is above average at 38.11x. The 36-month beta value for ALC is also noteworthy at 0.99. There are mixed opinions on the stock, with 17 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for ALC is 486.73M, and at present, short sellers hold a 0.63% of that float. The average trading volume of ALC on January 24, 2025 was 915.18K shares.
ALC) stock’s latest price update
The stock price of Alcon Inc (NYSE: ALC) has jumped by 0.17 compared to previous close of 89.11. Despite this, the company has seen a gain of 6.09% in its stock price over the last five trading days. businesswire.com reported 2025-01-17 that ST. CATHARINES, Ontario–(BUSINESS WIRE)– #yourmarinecarrierofchoice–Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that the Company’s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.20 per common share. The dividend is payable on March 3, 2025 to shareholders of record on February 14, 2025. This $0.20 common share dividend represents a 5% increase from the $0.19 per share dividend paid on Decembe.
Analysts’ Opinion of ALC
Needham gave a rating of “Buy” to ALC, setting the target price at $108 in the report published on December 17th of the previous year.
ALC Trading at 3.93% 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 -11.71% of loss for the given period.
Volatility was left at 1.30%, however, over the last 30 days, the volatility rate increased by 1.34%, as shares surge +4.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.73% lower at present.
During the last 5 trading sessions, ALC rose by +5.97%, which changed the moving average for the period of 200-days by +6.36% in comparison to the 20-day moving average, which settled at $85.20. In addition, Alcon Inc saw 5.15% in overturn over a single year, with a tendency to cut further gains.
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 4.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.57.
Conclusion
In summary, Alcon Inc (ALC) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
