Alcon Inc. (ALC)

NYSE: ALC · Real-Time Price · USD
85.50
+0.07 (0.08%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.08%
Market Cap 42.13B
Revenue (ttm) 9.76B
Net Income (ttm) 1.16B
Shares Out 494.60M
EPS (ttm) 2.34
PE Ratio 36.29
Forward PE 26.39
Dividend $0.26 (0.31%)
Ex-Dividend Date May 14, 2024
Volume 574,012
Open 85.46
Previous Close 85.43
Day's Range 85.01 - 85.67
52-Week Range 71.46 - 101.10
Beta 0.73
Analysts Strong Buy
Price Target 102.12 (+19.44%)
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]

Sector Healthcare
Founded 1945
Employees 25,315
Stock Exchange NYSE
Ticker Symbol ALC
Full Company Profile

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 Statements

Analyst Forecast

According to 14 analysts, the average rating for ALC stock is "Strong Buy." The 12-month stock price forecast is $102.12, which is an increase of 19.44% from the latest price.

Price Target
$102.12
(19.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

7 days ago - Seeking Alpha

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 ...

7 days ago - Seeking Alpha

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.

8 days ago - Reuters

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.

8 days ago - Business Wire

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.

Other symbols: LLYNVO
5 weeks ago - CNBC Television

Alcon Analysts Increase Their Forecasts After Q2 Results

Alcon Inc. ALC reported mixed second-quarter results, after the closing bell on Tuesday.

3 months ago - Benzinga

Alcon CEO: 'Very good' revenue and underlying demand in Q2

Alcon CEO David Endicott comments on the company's second-quarter results.

3 months ago - CNBC International TV

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...

3 months ago - Seeking Alpha

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.

3 months ago - Business Wire

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.

5 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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.

6 months ago - Business Wire

Alcon Announces Results of 2024 Annual General Meeting

GENEVA--(BUSINESS WIRE)--Alcon Announces Results of 2024 Annual General Meeting.

7 months ago - Business Wire

Alcon Publishes Agenda for 2024 Annual General Meeting

GENEVA--(BUSINESS WIRE)--Alcon Publishes Agenda for 2024 Annual General Meeting.

8 months ago - Business Wire

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...

9 months ago - Business Wire

Alcon, Inc. (ALC) Q4 2023 Earnings Call Transcript

Alcon, Inc. (ALC) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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.

9 months ago - Business Wire

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...

1 year ago - Seeking Alpha

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.

1 year ago - Market Watch

Alcon Reports Third Quarter 2023 Results

GENEVA--(BUSINESS WIRE)--Alcon Reports Third Quarter 2023 Results.

1 year ago - Business Wire

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'...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

Alcon Reports Second Quarter 2023 Results

GENEVA--(BUSINESS WIRE)--Alcon Reports Second Quarter 2023 Results.

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha