During the last session, Bausch + Lomb Corp (NYSE:BLCO)’s traded shares were 0.66 million, with the beta value of the company hitting 0.58. At the end of the trading day, the stock’s price was $11.27, reflecting an intraday loss of -2.00% or -$0.23. The 52-week high for the BLCO share is $21.69, that puts it down -92.46 from that peak though still a striking 7.28% gain since the share price plummeted to a 52-week low of $10.45. The company’s market capitalization is $3.98B, and the average trade volume was 831.35K shares over the past three months.
Bausch + Lomb Corp (BLCO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.31. BLCO has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Bausch + Lomb Corp (NYSE:BLCO) trade information
Bausch + Lomb Corp (BLCO) registered a -2.00% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.00% in intraday trading to $11.27, hitting a weekly high. The stock’s 5-day price performance is -2.00%, and it has moved by -10.06% in 30 days. Based on these gigs, the overall price performance for the year is -24.36%.
The consensus price target of analysts on Wall Street is $18.5, which implies an increase of 39.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $19 respectively. As a result, BLCO is trading at a discount of -68.59% off the target high and -59.72% off the low.
While earnings are projected to return -28.77% in 2025, the next five years will return 17.56% per annum.
BLCO Dividends
Bausch + Lomb Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 5.1 million shares, is of GOLDENTREE ASSET MANAGEMENT LP’s that is approximately 1.45% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $74.07 million.
Also, the Mutual Funds coming in first place with the largest holdings of Bausch + Lomb Corp (BLCO) shares are T. Rowe Price High Yield Fund, Inc. and Northern Lights Fund Trust-13D Activist Fund . Data provided on Feb 28, 2025 indicates that T. Rowe Price High Yield Fund, Inc. owns about 589.8 shares. This amounts to just over 0.17 percent of the company’s overall shares, with a $6.65 million market value. The same data shows that the other fund manager holds slightly less at 265.0, or about 0.07% of the stock, which is worth about $2.99 million.
