At the time of writing, Alcon Inc [ALC] stock is trading at $88.78, up 0.27%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALC shares have gain 7.31% over the last week, with a monthly amount glided 4.77%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alcon Inc [NYSE: ALC] stock has seen the most recent analyst activity on January 10, 2025, when Redburn Atlantic upgraded its rating to a Buy. Previously, Needham reaffirmed its Buy rating on December 17, 2024, and elevated its price target to $108. On November 12, 2024, Needham reiterated its Buy rating. Redburn Atlantic upgraded its rating to a Neutral. RBC Capital Mkts upgraded its rating to a Outperform. Morgan Stanley upgraded its rating to Equal-Weight for this stock on July 15, 2024, and upped its price target to $85. In a note dated May 15, 2024, Oppenheimer upgraded an Outperform rating on this stock but restated the target price of $103.
For the past year, the stock price of Alcon Inc fluctuated between $74.30 and $101.10. Currently, Wall Street analysts expect the stock to reach $107.8 within the next 12 months. Alcon Inc [NYSE: ALC] shares were valued at $88.78 at the most recent close of the market. An investor can expect a potential return of 21.42% based on the average ALC price forecast.
Analyzing the ALC fundamentals
According to Alcon Inc [NYSE:ALC], the company’s sales were 9.76B for trailing twelve months, which represents an 5.37% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.12%.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 88.32 points at the first support level, and at 87.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.33, and for the 2nd resistance point, it is at 89.87.
Ratios To Look Out For
It is important to note that Alcon Inc [NYSE:ALC] has a current ratio of 2.57. On the other hand, the Quick Ratio is 1.60. Considering the valuation of this stock, the price to sales ratio is 4.49, the price to book ratio is 2.05 and price to earnings (TTM) ratio is 37.90.
Transactions by insiders
Recent insider trading involved Endicott David J., Officer, that happened on Sep 12 ’24 when 0.11 million shares were purchased. Officer, Bell Ian completed a deal on Sep 12 ’24 to buy 10000.0 shares. Meanwhile, Officer Narayanan Rajkumar bought 4622.0 shares on Sep 09 ’24.
