Alcon Inc (NYSE: ALC) has experienced a decline in its stock price by -1.59 compared to its previous closing price of 89.81. However, the company has seen a fall of -5.48% 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.
Is It Worth Investing in Alcon Inc (NYSE: ALC) Right Now?
Alcon Inc (NYSE: ALC) has a higher price-to-earnings ratio of 37.73x compared to its average ratio, The 36-month beta value for ALC is at 1.07. Analysts have varying views on the stock, with 17 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ALC is 486.47M, and currently, shorts hold a 0.67% of that float. The average trading volume for ALC on February 12, 2025 was 1.09M shares.
ALC’s Market Performance
ALC stock saw an increase of -5.48% in the past week, with a monthly gain of 5.98% and a quarterly increase of -4.57%. The volatility ratio for the week is 1.45%, and the volatility levels for the last 30 days are 1.33% for Alcon Inc (ALC). The simple moving average for the past 20 days is -1.18% for ALC’s stock, with a -2.23% simple moving average for the past 200 days.
Analysts’ Opinion of ALC
Many brokerage firms have already submitted their reports for ALC stocks, with Needham repeating the rating for ALC by listing it as a “Buy.” The predicted price for ALC in the upcoming period, according to Needham is $106 based on the research report published on January 24, 2025 of the current year 2025.
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 1.61% 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 -12.58% of loss for the given period.
Volatility was left at 1.33%, however, over the last 30 days, the volatility rate increased by 1.45%, as shares surge +6.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.01% upper at present.
During the last 5 trading sessions, ALC fell by -5.63%, which changed the moving average for the period of 200-days by +11.92% in comparison to the 20-day moving average, which settled at $89.43. In addition, Alcon Inc saw 4.11% 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 4.25. 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.
