In last trading session, Bausch + Lomb Corp (NYSE:BLCO) saw 0.53 million shares changing hands with its beta currently measuring 0.55. Company’s recent per share price level of $13.73 trading at -$0.16 or -1.15% at ring of the bell on the day assigns it a market valuation of $4.85B. That closing price of BLCO’s stock is at a discount of -57.98% from its 52-week high price of $21.69 and is indicating a premium of 23.82% from its 52-week low price of $10.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.66 million shares which gives us an average trading volume of 727.52K if we extend that period to 3-months.
For Bausch + Lomb Corp (BLCO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.31. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.
Bausch + Lomb Corp (NYSE:BLCO) trade information
Upright in the red during last session for losing -1.15%, in the last five days BLCO remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $13.73 price level, adding 1.36% to its value on the day. Bausch + Lomb Corp’s shares saw a change of -23.98% in year-to-date performance and have moved 13.85% in past 5-day. Bausch + Lomb Corp (NYSE:BLCO) showed a performance of -12.38% in past 30-days. Number of shares sold short was 1.98 million shares which calculate 2.94 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 19 to the stock, which implies a rise of 27.74% to its current value. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -31.1% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.1% for stock’s current value.
Bausch + Lomb Corp (BLCO) estimates and forecasts
This year revenue growth is estimated to rise 4.22% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.15B for the same. And 9 analysts are in estimates of company making revenue of 1.26B in the next quarter. Company posted 1.1B and 1.22B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 4.68% while estimates for its earnings growth in next 5 years are of 21.13%.
Bausch + Lomb Corp (NYSE:BLCO)’s Major holders
Insiders are in possession of 88.24% of company’s total shares while institution are holding 10.25 percent of that, with stock having share float percentage of 87.13%. Investors also watch the number of corporate investors in a company very closely, which is 10.25% institutions for Bausch + Lomb Corp that are currently holding shares of the company. FIL LTD is the top institutional holder at BLCO for having 6.66 million shares of worth $96.7 million. And as of 2024-06-30, it was holding 1.893 of the company’s outstanding shares.
The second largest institutional holder is GOLDENTREE ASSET MANAGEMENT LP, which was holding about 5.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.45 of outstanding shares, having a total worth of $74.07 million.
On the other hand, T. Rowe Price High Yield Fund, Inc. and Northern Lights Fund Trust-13D Activist Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 348.8 shares of worth $4.79 million or 0.10% of the total outstanding shares. The later fund manager was in possession of 265.0 shares on Dec 31, 2024 , making its stake of worth around $3.64 million in the company or a holder of 0.07% of company’s stock.
