Bausch + Lomb Corporation (BLCO)
NYSE: BLCO · IEX Real-Time Price · USD
14.66
+0.07 (0.48%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Bausch + Lomb Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Bausch + Lomb stock have an average target of 18.94, with a low estimate of 15.5 and a high estimate of 23. The average target predicts an increase of 29.20% from the current stock price of 14.66.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Bausch + Lomb stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
Buy | 2 | 2 | 2 | 3 | 3 | 3 |
Hold | 5 | 5 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 9 | 10 | 10 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Hold Maintains $15 → $16 | Hold | Maintains | $15 → $16 | +5.73% | Jul 2, 2024 |
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $16 → $18 | Hold → Buy | Upgrades | $16 → $18 | +22.78% | May 6, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +36.43% | May 2, 2024 |
Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 1, 2024 |
RBC Capital | RBC Capital | Buy Maintains $20 → $18 | Buy | Maintains | $20 → $18 | +22.78% | Apr 22, 2024 |
Financial Forecast
Revenue This Year
4.75B
from 4.15B
Increased by 14.57%
Revenue Next Year
5.02B
from 4.75B
Increased by 5.73%
EPS This Year
0.63
from -0.74
EPS Next Year
0.90
from 0.63
Increased by 42.35%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 4.9B | 5.2B | 5.6B | 5.8B | 6.1B |
Avg | 4.8B | 5.0B | 5.3B | 5.6B | 6.0B |
Low | 4.5B | 4.7B | 5.0B | 5.4B | 5.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 18.6% | 10.0% | 10.7% | 9.6% | 9.2% |
Avg | 14.6% | 5.7% | 5.6% | 5.9% | 6.1% |
Low | 9.6% | -0.1% | -1.4% | 1.2% | 2.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 0.72 | 1.00 | 1.29 | 1.85 | 2.37 |
Avg | 0.63 | 0.90 | 1.13 | 1.57 | 2.31 |
Low | 0.54 | 0.79 | 1.03 | 1.29 | 2.21 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | - | 57.9% | 43.6% | 63.2% | 51.1% |
Avg | - | 42.4% | 25.9% | 38.7% | 46.8% |
Low | - | 25.6% | 14.4% | 14.3% | 41.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.