Alcon Inc. (ALC)
Market Cap | 42.06B |
Revenue (ttm) | 9.76B |
Net Income (ttm) | 1.16B |
Shares Out | 494.60M |
EPS (ttm) | 2.34 |
PE Ratio | 36.22 |
Forward PE | 26.33 |
Dividend | $0.26 (0.31%) |
Ex-Dividend Date | May 14, 2024 |
Volume | 860,724 |
Open | 84.18 |
Previous Close | 84.18 |
Day's Range | 84.14 - 85.33 |
52-Week Range | 74.30 - 101.10 |
Beta | 0.73 |
Analysts | Strong Buy |
Price Target | 102.53 (+20.97%) |
Earnings Date | Nov 12, 2024 |
About ALC
Alcon Inc. researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. The company’s Surgical segment offers equipment, instrumentation and diagnostics, intraocular lenses (IOLs), and other implantables; and consumables, including viscoelastics, surgical solutions, incisional instruments, surgical custom packs, and other products for surgical procedures. Its cataract products include Centurion vision system, LenSx laser system, ARGOS biometer, LuxOR surgical ophthalmic mi... [Read more]
Financial Performance
In 2023, Alcon's revenue was $9.46 billion, an increase of 8.47% compared to the previous year's $8.72 billion. Earnings were $974.00 million, an increase of 190.75%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ALC stock is "Strong Buy." The 12-month stock price forecast is $102.53, which is an increase of 20.97% from the latest price.
News
Alcon: Q3, Slight Guidance Cut Is Not Something Structural
I reiterate a 'Strong Buy' rating for Alcon with a one-year price target of $118 per share, despite a minor guidance cut. Alcon's new product launches, including PRECISION7 and Systane Pro, are expect...
Alcon (ALC) Q3 2024 Earnings Call Transcript
Alcon Inc. (NYSE:ALC) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants David Endicott - Chief Executive Officer Tim Stonesifer - Chief Financial Officer Dan Cravens ...
Alcon cuts 2024 forecasts, as slow US hits surgical unit
Eye-care group Alcon cut its 2024 forecasts and missed market expectations for third-quarter sales on Tuesday evening, as a soft U.S. market hit its surgical business.
Alcon Reports Solid Third-Quarter 2024 Results, including Double-Digit Earnings Growth and Record Cash Generation
GENEVA--(BUSINESS WIRE)--Alcon Reports Solid Third-Quarter 2024 Results, including Double-Digit Earnings Growth and Record Cash Generation.
Aging population creates opportunity in these healthcare stocks, says Thornburg's Leveille
Emily Leveille, Thornburg Investment Management portfolio manager, joins CNBC's 'The Exchange' to discuss where to find value in the market, whether European stocks are trading at discounts, and more.
Alcon Analysts Increase Their Forecasts After Q2 Results
Alcon Inc. ALC reported mixed second-quarter results, after the closing bell on Tuesday.
Alcon CEO: 'Very good' revenue and underlying demand in Q2
Alcon CEO David Endicott comments on the company's second-quarter results.
Alcon Inc. (ALC) Q2 2024 Earnings Call Transcript
Alcon Inc. (NYSE:ALC) Q2 2024 Earnings Conference Call August 21, 2024 8:00 AM ET Company Participants Dan Cravens - Vice President, Investor Relations David Endicott - Chief Executive Officer Tim St...
Alcon Reports Second-Quarter 2024 Results with Strong Growth in Implantables and Contact Lenses
GENEVA--(BUSINESS WIRE)--Alcon Reports Second-Quarter 2024 Results with Strong Growth in Implantables and Contact Lenses.
Alcon's Latest Equipment Breakthrough Technologies, Unity VCS and Unity CS, Receive U.S. FDA 510(k) Clearance
GENEVA--(BUSINESS WIRE)--Alcon's Latest Equipment Breakthrough Technologies, Unity VCS and Unity CS, Receive U.S. FDA 510(k) Clearance.
Alcon Inc. (ALC) Q1 2024 Earnings Call Transcript
Alcon Inc. (NYSE:ALC) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Dan Cravens - Vice President, Investor Relations David Endicott - Chief Executive Officer Tim Stone...
Alcon Reports Strong First-Quarter 2024 Results Driven by Robust Sales in Contact Lenses and Ocular Health
GENEVA--(BUSINESS WIRE)--Alcon Reports Strong First-Quarter 2024 Results Driven by Robust Sales in Contact Lenses and Ocular Health.
Alcon Announces Results of 2024 Annual General Meeting
GENEVA--(BUSINESS WIRE)--Alcon Announces Results of 2024 Annual General Meeting.
Alcon Publishes Agenda for 2024 Annual General Meeting
GENEVA--(BUSINESS WIRE)--Alcon Publishes Agenda for 2024 Annual General Meeting.
Vivity, the World's Leading EDOF IOL, Reaches One Million Milestone
TORONTO--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today proudly announces AcrySof® IQ Vivity® and Clareon® Vivity extended dep...
Alcon, Inc. (ALC) Q4 2023 Earnings Call Transcript
Alcon, Inc. (ALC) Q4 2023 Earnings Call Transcript
Alcon's Broad Portfolio Delivers Robust Sales and Earnings Growth in FY 2023
GENEVA--(BUSINESS WIRE)--Alcon's Broad Portfolio Delivers Robust Sales and Earnings Growth in FY 2023.
Alcon Inc. (ALC) Q3 2023 Earnings Call Transcript
Alcon Inc. (NYSE:ALC) Q3 2023 Earnings Call Transcript November 15, 2023 8:00 AM ET Company Participants Dan Cravens - Vice President and Global Head, Investor Relations David Endicott - Chief Execut...
Alcon's stock falls as third-quarter sales miss estimates
Alcon Inc. shares ALC, +4.04% dropped more than 4% premarket on Wednesday after the eye care company on Tuesday reported third-quarter revenues below analysts' expectations.
Alcon Reports Third Quarter 2023 Results
GENEVA--(BUSINESS WIRE)--Alcon Reports Third Quarter 2023 Results.
Alcon: Buy An Eyecare Leader With $2 Billion In Quarterly Sales
Alcon gets a Buy Rating today, in line with Wall Street consensus. Strengths include earnings growth, share price crossover below 200-day average, outperformance vs. the S&P500 index, and the company'...
Alcon Inc. (ALC) Q2 2023 Earnings Call Transcript
Alcon Inc. (NYSE:ALC) Q2 2023 Earnings Conference Call August 16, 2023 8:00 AM ET Company Participants Daniel Cravens - Vice President, Investor Relations David Endicott - Chief Executive Officer Tim...
Alcon Reports Second Quarter 2023 Results
GENEVA--(BUSINESS WIRE)--Alcon Reports Second Quarter 2023 Results.
Alcon: Lackluster Growth Given Its Valuation
Alcon stock is currently trading at over 30x earnings, which is considered high for a company not expected to deliver EPS above 20 - 25% in the next few years. Despite the high trading multiple, Alcon...
Alcon: The Steady Force Of 'Boring'
Alcon is expected to outpace market growth and gain market share in the surgical and vision care sectors, with growth driven by factors such as the increasing global aging population and rise in myopi...