Is Alcon AG Stock a Good Investment?
Alcon AG Investment Advice | ALC |
- Examine Alcon AG's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Alcon AG's leadership team and their track record. Good management can help Alcon AG navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Alcon AG's business and its evolving consumer preferences.
- Compare Alcon AG's performance and market position to its competitors. Analyze how Alcon AG is positioned in terms of product offerings, innovation, and market share.
- Check if Alcon AG pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Alcon AG's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Alcon AG stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Alcon AG is a good investment.
Sell | Buy |
Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Alcon AG Stock
Researching Alcon AG's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 66.0% of the company shares are held by institutions such as insurance companies. The book value of Alcon AG was presently reported as 42.35. The company last dividend was issued on the 14th of May 2024. Alcon AG had 2:1 split on the June 16, 2011.
To determine if Alcon AG is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alcon AG's research are outlined below:
| About 66.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: U.S. Vision Care Market to Cross 13.4 Billion by 2029 Regional Industry Assessment by Product and Distribution Channel with Strategic Profiles of Rayner Surgical, Alcon Vision, Carl Zeiss More |
Alcon AG Quarterly Accounts Payable |
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Alcon AG uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alcon AG. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alcon AG's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Alcon AG's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Alcon AG's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-02-15 | 2021-12-31 | 0.5 | 0.56 | 0.06 | 12 | ||
2020-08-18 | 2020-06-30 | -0.14 | -0.21 | -0.07 | 50 | ||
2022-08-09 | 2022-06-30 | 0.55 | 0.63 | 0.08 | 14 | ||
2023-05-09 | 2023-03-31 | 0.6 | 0.7 | 0.1 | 16 | ||
2021-08-17 | 2021-06-30 | 0.45 | 0.56 | 0.11 | 24 | ||
2020-05-12 | 2020-03-31 | 0.34 | 0.45 | 0.11 | 32 | ||
2022-05-09 | 2022-03-31 | 0.52 | 0.68 | 0.16 | 30 | ||
2020-11-10 | 2020-09-30 | 0.22 | 0.39 | 0.17 | 77 |
Know Alcon AG's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alcon AG is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alcon AG backward and forwards among themselves. Alcon AG's institutional investor refers to the entity that pools money to purchase Alcon AG's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ako Capital Llp | 2024-06-30 | 6.4 M | Barclays Plc | 2024-06-30 | 6.4 M | Legal & General Group Plc | 2024-06-30 | 6.2 M | Ubs Group Ag | 2024-06-30 | 5.1 M | Bank Of America Corp | 2024-06-30 | 4.9 M | Deutsche Bank Ag | 2024-06-30 | 4.5 M | Amundi | 2024-06-30 | 4.5 M | Brown Brothers Harriman & Co | 2024-06-30 | 4.1 M | Amf Pensionsforsakring Ab | 2024-06-30 | 4 M | Vanguard Group Inc | 2024-06-30 | 19.1 M | Ubs Asset Mgmt Americas Inc | 2024-06-30 | 14.2 M |
Alcon AG's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 48.32 B.Market Cap |
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Alcon AG's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.05 | 0.05 |
Determining Alcon AG's profitability involves analyzing its financial statements and using various financial metrics to determine if Alcon AG is a good buy. For example, gross profit margin measures Alcon AG's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alcon AG's profitability and make more informed investment decisions.
Please note, the presentation of Alcon AG's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alcon AG's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Alcon AG's management manipulating its earnings.
Evaluate Alcon AG's management efficiency
Alcon AG has Return on Asset of 0.025 % which means that on every $100 spent on assets, it made $0.025 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0539 %, implying that it generated $0.0539 on every 100 dollars invested. Alcon AG's management efficiency ratios could be used to measure how well Alcon AG manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09. The current year's Return On Capital Employed is expected to grow to 0.05. At present, Alcon AG's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.09, whereas Total Assets are forecasted to decline to about 24.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 41.82 | 47.43 | |
| Tangible Book Value Per Share | 5.34 | 3.86 | |
| Enterprise Value Over EBITDA | 16.60 | 18.02 | |
| Price Book Value Ratio | 1.87 | 1.23 | |
| Enterprise Value Multiple | 16.60 | 18.02 | |
| Price Fair Value | 1.87 | 1.23 |
The analysis of Alcon AG's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alcon AG's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alcon Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0027 | Forward Dividend Yield 0.0027 | Forward Dividend Rate 0.27 | Beta 0.716 |
Basic technical analysis of Alcon Stock
As of the 25th of September, Alcon AG shows the mean deviation of 0.8906, and Risk Adjusted Performance of 0.1107. Alcon AG technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Alcon AG's Outstanding Corporate Bonds
Alcon AG issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alcon AG uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alcon bonds can be classified according to their maturity, which is the date when Alcon AG has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View |
Understand Alcon AG's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Alcon AG's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1107 | |||
| Market Risk Adjusted Performance | 0.2352 | |||
| Mean Deviation | 0.8906 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 748.42 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Information Ratio | 0.0334 | |||
| Jensen Alpha | 0.0767 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | 0.2252 | |||
| Maximum Drawdown | 5.1 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.12 | |||
| Expected Short fall | (0.88) | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.0245 |
| Risk Adjusted Performance | 0.1107 | |||
| Market Risk Adjusted Performance | 0.2352 | |||
| Mean Deviation | 0.8906 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.33 | |||
| Coefficient Of Variation | 748.42 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Information Ratio | 0.0334 | |||
| Jensen Alpha | 0.0767 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0294 | |||
| Treynor Ratio | 0.2252 | |||
| Maximum Drawdown | 5.1 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 1.93 | |||
| Downside Variance | 1.77 | |||
| Semi Variance | 1.12 | |||
| Expected Short fall | (0.88) | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.0245 |
Consider Alcon AG's intraday indicators
Alcon AG intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alcon AG stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 4838.94 | |||
| Daily Balance Of Power | 0.3391 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 98.35 | |||
| Day Typical Price | 98.35 | |||
| Price Action Indicator | 0.21 | |||
| Period Momentum Indicator | 0.39 |
Alcon AG Corporate Filings
6K | 20th of August 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 29th of May 2024 Other Reports | ViewVerify | |
13A | 13th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 1st of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
Alcon Stock media impact
Far too much social signal, news, headlines, and media speculation about Alcon AG that are available to investors today. That information is available publicly through Alcon media outlets and privately through word of mouth or via Alcon internal channels. However, regardless of the origin, that massive amount of Alcon data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Alcon AG news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Alcon AG relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Alcon AG's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Alcon AG alpha.
Alcon AG Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Alcon AG can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Alcon AG Historical Investor Sentiment
Investor biases related to Alcon AG's public news can be used to forecast risks associated with an investment in Alcon. The trend in average sentiment can be used to explain how an investor holding Alcon can time the market purely based on public headlines and social activities around Alcon AG. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcon AG's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcon AG and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Alcon AG news discussions. The higher the estimate score, the more favorable the investor's outlook on Alcon AG.
Alcon AG Maximum Pain Price across 2024-10-18 Option Contracts
Alcon AG's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Alcon AG close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Alcon AG's options.
Alcon AG Corporate Management
| Royce Bedward | General VP | Profile | |
| Dieter Spaelti | Independent Director | Profile | |
| Michael Onuscheck | President - Global Businesses and Innovation | Profile | |
| Ed McGough | Senior Operations | Profile | |
| Sergio Duplan | President - North America | Profile |
Already Invested in Alcon AG?
The danger of trading Alcon AG is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alcon AG is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alcon AG. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alcon AG is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Information and Resources on Investing in Alcon Stock
When determining whether Alcon AG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcon AG's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcon Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcon Ag Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcon AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Alcon Stock refer to our How to Trade Alcon Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcon AG. If investors know Alcon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcon AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.324 | Dividend Share 0.285 | Earnings Share 2.22 | Revenue Per Share 19.52 | Quarterly Revenue Growth 0.031 |
The market value of Alcon AG is measured differently than its book value, which is the value of Alcon that is recorded on the company's balance sheet. Investors also form their own opinion of Alcon AG's value that differs from its market value or its book value, called intrinsic value, which is Alcon AG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcon AG's market value can be influenced by many factors that don't directly affect Alcon AG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Alcon AG's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Alcon AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon AG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.