Embecta Corp. (EMBC)
Market Cap | 1.18B |
Revenue (ttm) | 1.12B |
Net Income (ttm) | 78.30M |
Shares Out | 58.13M |
EPS (ttm) | 1.34 |
PE Ratio | 15.10 |
Forward PE | 7.59 |
Dividend | $0.60 (2.97%) |
Ex-Dividend Date | Dec 6, 2024 |
Volume | 1,042,623 |
Open | 19.70 |
Previous Close | 19.97 |
Day's Range | 19.30 - 20.44 |
52-Week Range | 9.93 - 21.48 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 19.00 (-6.08%) |
Earnings Date | Feb 7, 2025 |
About EMBC
Embecta Corp., a medical device company, focuses on the provision of various solutions to enhance the health and wellbeing of people living with diabetes in the United States and internationally. The company’s products include pen needles, syringes, and safety injection devices, as well as digital applications to assist people with managing patient’s diabetes. It primarily sells its products to wholesalers and distributors. The company was formerly known as Berra Newco, Inc. Embecta Corp. was founded in 1924 and is headquartered in Parsippany, ... [Read more]
Financial Performance
In 2024, Embecta's revenue was $1.12 billion, an increase of 0.21% compared to the previous year's $1.12 billion. Earnings were $78.30 million, an increase of 11.22%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for EMBC stock is "Buy." The 12-month stock price forecast is $19.0, which is a decrease of -6.08% from the latest price.
News
embecta to Participate at the 43rd Annual J.P. Morgan Healthcare Conference
PARSIPPANY, N.J., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (embecta) (Nasdaq: EMBC) today announced that management will present at the J.P. Morgan Healthcare Conference in San Francisco on Wed...
New Initiatives Expected To Make Embecta More Profitable
Embecta Corp.'s Q4 results showed significant net income and EPS growth as well as profitability plans, and drove up the share price. The company announced a restructuring plan to streamline operation...
Overlooked Stock: EMBC
Bad news is good news? Appears to be the case for medical device company Embecta (EMBC) as shares soared after it stopped its insulin patch pump program.
Embecta Corp. (EMBC) Q4 2024 Earnings Call Transcript
Embecta Corp. (NASDAQ:EMBC) Q4 2024 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Pravesh Khandelwal - VP of IR Dev Kurdikar - President and CEO Jake Elguicze - CFO Confe...
Becton Dickinson Spinoff Embecta Stops Insulin Patch Pump Program, Plans Restructuring, Stock Jumps
On Tuesday, Embecta Corp EMBC posted the fourth-quarter adjusted EPS of 45 cents, beating the consensus of 36 cents and down from 59 cents reported a year ago.
Embecta Corp. Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results; Provides Initial Fiscal Year 2025 Financial Guidance; Discontinues Insulin Patch Pump Program; and Announces Restructuring to Streamline Operations and Reduce Costs
PARSIPPANY, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three- and twelv...
embecta Announces Quarterly Cash Dividend
PARSIPPANY, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Embecta Corp. (“embecta”) (Nasdaq: EMBC) has declared a quarterly cash dividend of $0.15 for each issued and outstanding s...
UPDATE - embecta to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results
PARSIPPANY, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to ...
embecta to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results
PARSIPPANY, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to ...
embecta Celebrates National Diabetes Awareness Month by Ringing Nasdaq Closing Bell
embecta will be joined by diabetes advocacy groups to ring the Nasdaq Closing Bell today in recognition of National Diabetes Awareness Month in November.
embecta Announces FDA Clearance of its Disposable Patch Pump for Insulin Delivery Informed by the Unique Needs of People with Type 2 Diabetes
embecta has received 510(k) clearance from the FDA for its proprietary disposable insulin delivery system, a patch pump with a 300-unit insulin reservoir.
embecta to Participate in Investor Events
PARSIPPANY, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, today announced that management...
Embecta Corp. (EMBC) Q3 2024 Earnings Call Transcript
Embecta Corp. (NASDAQ:EMBC) Q3 2024 Earnings Conference Call August 9, 2024 8:00 AM ET Company Participants Pravesh Khandelwal - VP & Head of IR Dev Kurdikar - President, CEO & Director Jake Elguicze...
Embecta Corp. Reports Third Quarter Fiscal 2024 Financial Results
PARSIPPANY, N.J., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three and nine m...
Genpact Supports embecta's Spin-Off into an Independent Diabetes Care Company
Genpact's deep domain knowledge and data expertise enables embecta's vision to make a meaningful impact in the healthcare sector NEW YORK , July 29, 2024 /PRNewswire/ -- Genpact (NYSE: G), a global pr...
embecta to Report Fiscal Third Quarter 2024 Financial Results
PARSIPPANY, N.J., July 18, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to ...
embecta-sponsored Abstracts Presented at American Diabetes Association's 84th Scientific Sessions Highlight Unmet Need for Patch Pumps with 300u Insulin Reservoir
PARSIPPANY, N.J., June 24, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, presented two abstracts at the ...
Zimmer Biomet Announces Appointment of Devdatt Kurdikar to Board of Directors
WARSAW, Ind. , June 20, 2024 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that Devdatt "Dev" Kurdikar, President, Chief Executi...
Embecta (EMBC) CEO on Diabetes Treatment Market
Embecta (EMBC) CEO Dev Kurdikar joins Oliver Renick to give an overview of the company and discuss its 2Q earnings. He also talks about the impact of GLP-1 drugs.
Embecta Corp. (EMBC) Q2 2024 Earnings Call Transcript
Embecta Corp. (NASDAQ:EMBC) Q2 2024 Results Conference Call May 9, 2024 8:00 AM ET Company Participants Pravesh Khandelwal - Vice President & Head of Investor Relations Dev Kurdikar - President, Chie...
Embecta Corp. Reports Second Quarter Fiscal 2024 Financial Results
PARSIPPANY, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three and six mon...
embecta to Report Fiscal Second Quarter 2024 Financial Results
PARSIPPANY, N.J., April 23, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, will host a conference call to...
embecta-sponsored Educational Symposium and Abstracts at ATTD Highlight Role of Insulin Pumps in the Management of Type 2 Diabetes
PARSIPPANY, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global diabetes care company with a 100-year legacy in insulin delivery, today announced its sponsorshi...
Embecta Corp. (EMBC) Q1 2024 Earnings Call Transcript
Embecta Corp. (EMBC) Q1 2024 Earnings Call Transcript
Embecta Corp. Reports First Quarter Fiscal 2024 Financial Results
PARSIPPANY, N.J., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta” or the "Company") (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three month peri...