The stock price of Bausch + Lomb Corp (NYSE: BLCO) has dropped by -1.13 compared to previous close of 16.30. Despite this, the company has seen a fall of -1.98% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-19 that Bausch + Lomb Corporation (NYSE:BLCO ) Q4 2024 Results Conference Call February 19, 2025 8:00 AM ET Company Participants George Gadkowski – Vice President of Investor Relations Brent Saunders – CEO & Chairman Sam Eldessouky – Executive VP & CFO Yehia Hashad – Head of R&D and Chief Medical Officer Conference Call Participants Patrick Wood – Morgan Stanley Joanne Wuensch – Citibank Craig Bijou – Bank of America Larry Biegelsen – Wells Fargo Robbie Marcus – JPMorgan Denis Reznik – Raymond James Operator Greetings. Welcome to the Bausch + Lomb Fourth Quarter 2024 Earnings Call.
Is It Worth Investing in Bausch + Lomb Corp (NYSE: BLCO) Right Now?
Moreover, the 36-month beta value for BLCO is 0.46. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for BLCO is 36.30M and currently, short sellers hold a 4.75% of that float. On February 20, 2025, BLCO’s average trading volume was 566.86K shares.
BLCO’s Market Performance
The stock of Bausch + Lomb Corp (BLCO) has seen a -1.98% decrease in the past week, with a -6.20% drop in the past month, and a -18.11% fall in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are at 3.03% for BLCO. The simple moving average for the past 20 days is -4.43% for BLCO’s stock, with a -6.72% simple moving average for the past 200 days.
Analysts’ Opinion of BLCO
Many brokerage firms have already submitted their reports for BLCO stocks, with Citigroup repeating the rating for BLCO by listing it as a “Neutral.” The predicted price for BLCO in the upcoming period, according to Citigroup is $22 based on the research report published on December 11, 2024 of the previous year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see BLCO reach a price target of $19. The rating they have provided for BLCO stocks is “Equal-Weight” according to the report published on December 02nd, 2024.
Evercore ISI gave a rating of “Outperform” to BLCO, setting the target price at $25 in the report published on October 15th of the previous year.
BLCO Trading at -8.51% from the 50-Day Moving Average
After a stumble in the market that brought BLCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.70% of loss for the given period.
Volatility was left at 3.03%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares sank -6.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.79% lower at present.
During the last 5 trading sessions, BLCO fell by -2.86%, which changed the moving average for the period of 200-days by +15.22% in comparison to the 20-day moving average, which settled at $16.85. In addition, Bausch + Lomb Corp saw -10.77% 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 BLCO starting from SAUNDERS BRENT L, who purchase 32,250 shares at the price of $15.66 back on Aug 05 ’24. After this action, SAUNDERS BRENT L now owns 595,169 shares of Bausch + Lomb Corp, valued at $505,067 using the latest closing price.
Stock Fundamentals for BLCO
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.56 for the gross margin
The net margin for Bausch + Lomb Corp stands at -0.11. The total capital return value is set at 0.01. Equity return is now at value -5.49, with -2.77 for asset returns.
Based on Bausch + Lomb Corp (BLCO), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 0.37.
Currently, EBITDA for the company is 162.0 million with net debt to EBITDA at 7.26. When we switch over and look at the enterprise to sales, we see a ratio of 2.14. The receivables turnover for the company is 4.97for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To wrap up, the performance of Bausch + Lomb Corp (BLCO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
