Bausch + Lomb Corporation (NYSE: BLCO) is 3.61% higher on its value in year-to-date trading and has touched a low of $12.20 and a high of $20.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BLCO stock was last observed hovering at around $15.81 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $21.00 for the next 12 months. It is also 46.43% off the consensus price target high of $30.00 offered by 14 analysts, but current levels are 5.47% higher than the price target low of $17.00 for the same period.
Currently trading at $16.07, the stock is -8.05% and -5.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.62 million and changing 1.64% at the moment leaves the stock 1.30% off its SMA200. BLCO registered a loss of -5.75% in past 6-months.
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The stock witnessed a -4.12% gain in the last 1 month and extending the period to 3 months gives it a 4.62%, and is -4.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.56% over the week and 3.85% over the month.
Bausch + Lomb Corporation (BLCO) has around 12900 employees, a market worth around $5.74B and $3.77B in sales. Current P/E ratio is 945.29 and Fwd P/E is 14.56. Profit margin for the company is 0.20%. Distance from 52-week low is 31.72% and -20.45% from its 52-week high. The company has generated returns on investments over the last 12 months (1.60%).
Bausch + Lomb Corporation (BLCO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Bausch + Lomb Corporation (BLCO) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 1.50, where 5 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -96.70% this year
Bausch + Lomb Corporation (BLCO) Top Institutional Holders
The shares outstanding are 350.00M, and float is at 349.08M with Short Float at 2.13%.
Bausch + Lomb Corporation (BLCO) Insider Activity
The most recent transaction is an insider sale by Bausch Health Companies Inc., the company’s 10% Owner. SEC filings show that Bausch Health Companies Inc. sold 4,550,357 shares of the company’s common stock on Jun 01 at a price of $17.05 per share for a total of $77.61 million. Following the sale, the insider now owns 310.45 million shares.
