In the latest trading session,, 0.82 million Alcon Inc (NYSE:ALC) shares changed hands as the company’s beta touched 0.95. With the company’s most recent per share price at $88.81 changing hands around $0.74 or 0.83% at last look, the market valuation stands at $43.92B. ALC’s current price is a discount, trading about -13.84% off its 52-week high of $101.10. The share price had its 52-week low at $80.48, which suggests the last value was 9.38% up since then.
Analysts gave the Alcon Inc (ALC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.66. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ALC as a Hold, 12 felt it is a Buy and 0 rated the stock as Underweight.
Alcon Inc (NYSE:ALC) trade information
Instantly ALC is in green as seen in intraday trades today. With action 1.79%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 4.61%, with the 5-day performance at 1.79% in the green. However, in the 30-day time frame, Alcon Inc (NYSE:ALC) is -4.83% down.
The consensus price target for the stock as assigned by Wall Street analysts is 94.11, meaning bulls need an upside of 5.63% from its recent market value. According to analyst projections, ALC’s forecast low is 69 with 110 as the target high. To hit the forecast high, the stock’s price needs a -23.86% plunge from its current level, while the stock would need to tank 22.31% for it to hit the projected low.
The 2025 estimates are for Alcon Inc earnings to increase by 3.13%, but the outlook for the next 5-year period is at 10.63% per year.
ALC Dividends
Alcon Inc is expected to release its next quarterly earnings report in June. The 0.74% annual yield figure for the share gives it an annual dividend of 0.66. It is important to note, however, that the 0.74% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
UBS ASSET MANAGEMENT AMERICAS INC holds the second largest percentage of outstanding shares, with 2.8637% or 14.16 million shares worth $1.26 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund . With 6.93 shares estimated at $613.49 million under it, the former controlled 1.39% of total outstanding shares. On the other hand, VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund held about 0.85% of the shares, roughly 4.27 shares worth around $378.42 million.
