Embecta Corp. (EMBC)
NASDAQ: EMBC · IEX Real-Time Price · USD
10.62
+0.27 (2.61%)
At close: Apr 19, 2024, 4:00 PM
10.41
-0.21 (-1.98%)
After-hours: Apr 19, 2024, 4:30 PM EDT
Embecta Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Embecta stock has a target of 16, which predicts an increase of 50.66% from the current stock price of 10.62.
Analyst Consensus: Sell
* Price targets were last updated on Nov 22, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Embecta is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $15 → $16 | Sell | Maintains | $15 → $16 | +50.66% | Nov 22, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $16 → $15 | Sell | Maintains | $16 → $15 | +41.24% | Oct 18, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $19 → $16 | Sell | Maintains | $19 → $16 | +50.66% | Aug 24, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $29 → $19 | Sell | Maintains | $29 → $19 | +78.91% | Jul 18, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $28 → $29 | Sell | Maintains | $28 → $29 | +173.07% | May 15, 2023 |
Financial Forecast
Revenue This Year
1.13B
from 1.12B
Increased by 1.09%
Revenue Next Year
1.14B
from 1.13B
Increased by 0.35%
EPS This Year
2.14
from 1.22
Increased by 75.57%
EPS Next Year
2.26
from 2.14
Increased by 5.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.2B | 1.2B |
| Avg | 1.1B | 1.1B | 970.8M |
| Low | 1.1B | 1.1B | 565.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9% | 4.2% | 5.5% |
| Avg | 1.1% | 0.4% | -14.6% |
| Low | -3.4% | -4.5% | -50.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.35 | 2.43 | 2.74 |
| Avg | 2.14 | 2.26 | 2.49 |
| Low | 2.01 | 2.08 | 2.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 92.8% | 13.2% | 21.4% |
| Avg | 75.6% | 5.4% | 10.4% |
| Low | 64.7% | -3.0% | 0.3% |
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.