Bausch Health Companies Inc (NYSE:BHC) has a beta value of 0.90 and has seen 2.67 million shares traded in the last trading session. The company, currently valued at $3.24B, closed the last trade at $8.88 per share which meant it gained $0.17 on the day or 1.95% during that session. The BHC stock price is -29.05% off its 52-week high price of $11.46 and 37.27% above the 52-week low of $5.57. The 3-month trading volume is 2.83 million shares.
Bausch Health Companies Inc (NYSE:BHC) trade information
Sporting 1.95% in the green in last session, the stock has traded in the green over the last five days, when the BHC stock price touched $8.88 or saw a rise of 0.11%. Year-to-date, Bausch Health Companies Inc shares have moved 10.72%, while the 5-day performance has seen it change 5.09%. Over the past 30 days, the shares of Bausch Health Companies Inc (NYSE:BHC) have changed -16.31%.
Bausch Health Companies Inc (BHC) estimates and forecasts
Figures show that Bausch Health Companies Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 31.95% over the past 6 months, with this year growth rate of 13.18%, compared to 21.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 32.70% and 17.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 7.20%.
4 analysts offering their estimates for the company have set an average revenue estimate of $2.14 billion for the current quarter. 4 have an estimated revenue figure of $2.35 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $1.97 billion and $2.17 billion respectively for this quarter and the next, and analysts expect sales will grow by 9.10% for the current quarter and 8.30% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 32.76% over the past 5 years. Earnings growth for 2024 is a modest 9.48% while over the next 5 years, the company’s earnings are expected to increase by 2.60%.
BHC Dividends
Bausch Health Companies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
