Alcon Inc. (ALC)

NYSE: ALC · IEX Real-Time Price · USD
78.47
-0.53 (-0.67%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.67%
Market Cap 38.71B
Revenue (ttm) 9.46B
Net Income (ttm) 974.00M
Shares Out 493.30M
EPS (ttm) 1.96
PE Ratio 40.31
Forward PE 26.67
Dividend $0.27 (0.35%)
Ex-Dividend Date May 14, 2024
Volume 757,057
Open 79.09
Previous Close 79.00
Day's Range 78.28 - 79.26
52-Week Range 69.44 - 88.23
Beta 0.67
Analysts Strong Buy
Price Target 90.76 (+15.66%)
Earnings Date May 7, 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 13 analysts, the average rating for ALC stock is "Strong Buy." The 12-month stock price forecast is $90.76, which is an increase of 15.66% from the latest price.

Price Target
$90.76
(15.66% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alcon Publishes Agenda for 2024 Annual General Meeting

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

11 days 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...

6 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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.

5 months ago - Market Watch

Alcon Reports Third Quarter 2023 Results

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

5 months ago - Business Wire

Alcon Reports Second Quarter 2023 Results

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

8 months ago - Business Wire

Alcon CEO: Aging population and new technology driving eyecare business forward

David Endicott, CEO at Alcon, discusses first-quarter earnings, and shares his optimism for the business despite macroeconomic pressures.

1 year ago - CNBC International TV

Alcon Reports First Quarter 2023 Results

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

1 year ago - Business Wire

Alcon's “The Lens” Interactive Compliance Training Experience Receives Coveted Anthem Award

GENEVA--(BUSINESS WIRE)--Alcon, the global leader in eye care dedicated to helping people see brilliantly, today announced that its interactive compliance training video experience, The Lens, has been...

1 year ago - Business Wire

Alcon Reports Fourth Quarter and Full Year 2022 Results

GENEVA--(BUSINESS WIRE)--Alcon Reports Fourth Quarter and Full Year 2022 Results

1 year ago - Business Wire

Alcon Canada launches new TOTAL toric lenses for astigmatic patients

TORONTO--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced the Canadian launch of TOTAL30® for Astigmatism and DAILIE...

1 year ago - Business Wire

Alcon Introduces a Premium, Reusable Toric Lens with Launch of TOTAL30 for Astigmatism

GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced plans to launch TOTAL30® for Astigmatism, the first-and-onl...

1 year ago - Business Wire

Alcon to Present at 2023 Annual J.P. Morgan Healthcare Conference

GENEVA--(BUSINESS WIRE)--Regulatory News:

1 year ago - Business Wire

Alcon Prices US$1.3 Billion Senior Notes Offering

GENEVA--(BUSINESS WIRE)--Alcon Inc. ("Alcon") (SIX/NYSE: ALC) announced that it has commenced and priced a private offering of US$700 million aggregate principal amount of its 5.375% senior notes du...

1 year ago - Business Wire

Alcon Completes Acquisition of Aerie Pharmaceuticals, Inc., Strengthening Company's Ophthalmic Pharmaceutical Business

GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced that it has completed its acquisition of Aerie Pharmaceutic...

1 year ago - Business Wire

Alcon Reports Third Quarter 2022 Results

GENEVA--(BUSINESS WIRE)--Alcon (SIX/NYSE:ALC), the global leader in eye care, reported its financial results for the three and nine months ended September 30, 2022. For the third quarter of 2022, sa...

1 year ago - Business Wire

Alcon to Celebrate 75 Years of Brilliance and Showcase Contact Lens Innovations at #Academy22

FORT WORTH, Texas--(BUSINESS WIRE)--Alcon to Celebrate 75 Years of Brilliance and Showcase Contact Lens Innovations at #Academy22

1 year ago - Business Wire

Alcon Completes Availability of Clareon Portfolio with Clareon Toric During AAO 2022

FORT WORTH, Texas--(BUSINESS WIRE)--Alcon Completes Availability of Clareon Portfolio with Clareon Toric During AAO 2022

1 year ago - Business Wire

Don't Look for Alcon's Acquisition to Boost Share Price in Short Term

Most investors would probably be pleased with a share price gain of 33% in just over three years, but more than 50% sounds a lot better.

Other symbols: NVS
1 year ago - GuruFocus

Aerie set to be bought by Alcon for $770 million

New Jersey-based biotech firm Aerie is seeing its shares move higher amid news of it being bought by Aerie Pharmaceuticals.

1 year ago - Yahoo Finance

SHAREHOLDER ALERT: Weiss Law Investigates Aerie Pharmaceuticals, Inc.

NEW YORK , Aug. 23, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerie Pharmaceuticals, Inc. ("Aerie" or...

1 year ago - PRNewsWire

Alcon to Acquire Aerie Pharmaceuticals for $15.25 a Share

Alcon agrees to acquire Aerie, the ophthalmic therapies company, for $15.25 a share.

1 year ago - Barrons

Alcon to Acquire Aerie Pharmaceuticals, Inc., Enhancing its Ophthalmic Pharmaceutical Portfolio

GENEVA & DURHAM, N.C.--(BUSINESS WIRE)--Regulatory News: Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, and Aerie Pharmaceuticals, Inc. (NASDAQ: AERI...

1 year ago - Business Wire