Embecta Corp. (EMBC)

NASDAQ: EMBC · Real-Time Price · USD
20.23
+0.26 (1.30%)
At close: Dec 20, 2024, 4:00 PM
19.31
-0.92 (-4.55%)
After-hours: Dec 20, 2024, 4:03 PM EST
1.30%
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]

Sector Healthcare
Founded 1924
Employees 2,200
Stock Exchange NASDAQ
Ticker Symbol EMBC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$19.0
(-6.08% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - GlobeNewsWire

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...

17 days ago - Seeking Alpha

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.

24 days ago - Schwab Network

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...

25 days ago - Seeking Alpha

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.

25 days ago - Benzinga

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...

25 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

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 ...

5 weeks ago - GlobeNewsWire

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 ...

5 weeks ago - GlobeNewsWire

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.

6 weeks ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

Other symbols: G
5 months ago - PRNewsWire

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 ...

5 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - PRNewsWire

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.

7 months ago - Schwab Network

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

Embecta Corp. (EMBC) Q1 2024 Earnings Call Transcript

Embecta Corp. (EMBC) Q1 2024 Earnings Call Transcript

11 months ago - Seeking Alpha

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...

11 months ago - GlobeNewsWire