During the recent session, Alcon Inc (NYSE:ALC)’s traded shares were 0.8 million, with the beta value of the company hitting 0.95. At the last check today, the stock’s price was $86.31, reflecting an intraday loss of -0.05% or -$0.04. The 52-week high for the ALC share is $101.10, that puts it down -17.14 from that peak though still a striking 6.75% gain since the share price plummeted to a 52-week low of $80.48. The company’s market capitalization is $42.69B, and the average intraday trading volume over the past 10 days was 1.82 million shares, and the average trade volume was 1.69 million shares over the past three months.
Alcon Inc (ALC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.61. ALC has a Sell rating from 0 analyst(s) out of 13 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 recommend a Buy rating for it.
Alcon Inc (NYSE:ALC) trade information
Alcon Inc (ALC) registered a -0.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.05% in intraday trading to $86.31, hitting a weekly high. The stock’s 5-day price performance is 0.20%, and it has moved by -11.58% in 30 days. Based on these gigs, the overall price performance for the year is -2.18%. The short interest in Alcon Inc (NYSE:ALC) is 4.1 million shares and it means that shorts have 3.23 day(s) to cover.
The consensus price target of analysts on Wall Street is $94.11, which implies an increase of 8.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $69 and $110 respectively. As a result, ALC is trading at a discount of -27.45% off the target high and 20.06% off the low.
While earnings are projected to return 2.93% in 2025, the next five years will return 10.67% per annum.
ALC Dividends
Alcon Inc is due to release its next quarterly earnings on 2025-May-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Alcon Inc is 0.66, with the dividend yield indicating at 0.77 percent, continuing the trend of increasing dividends in recent years.
Alcon Inc (NYSE:ALC)’s Major holders
Alcon Inc insiders own 0.13% of total outstanding shares while institutional holders control 67.61%, with the float percentage being 67.70%. VANGUARD GROUP INC is the largest shareholder of the company, while 1195.0 institutions own stock in it. As of 2024-06-30, the company held over 19.11 million shares (or 3.8651% of all shares), a total value of $1.7 billion in shares.
The next largest institutional holding, with 14.16 million shares, is of UBS ASSET MANAGEMENT AMERICAS INC’s that is approximately 2.8637% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.26 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Alcon Inc (ALC) shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund . Data provided on Jan 31, 2025 indicates that VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund owns about 6.93 shares. This amounts to just over 1.39 percent of the company’s overall shares, with a $596.49 million market value. The same data shows that the other fund manager holds slightly less at 4.27, or about 0.85% of the stock, which is worth about $367.93 million.
