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Why Alcon (ALC) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-06-10 14:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
Oculis Publishes Results of 2024 Annual General Meeting and Announces Appointments to its Board of Directors and Scientific Advisory Board
Newsfilter· 2024-05-30 08:00
Shareholders approved all agenda items and proposals of the Board of DirectorsRobert K. Warner, M.B.A. and Arshad M. Khanani, M.D., M.A., FASRS elected as members of the Board of DirectorsBaruch D. Kuppermann, M.D., Ph.D. and Frank G. Holz, M.D., Ph.D. appointed as members of the Scientific Advisory BoardOculis established a CHF 50 million flexible loan facility with funds and accounts managed by BlackRock ZUG, Switzerland, May 30, 2024 (GLOBE NEWSWIRE) -- Oculis Holding AG (NASDAQ:OCS, XICE: OCS))) ("Oculi ...
Reasons to Include Alcon (ALC) in Your Portfolio Right Now
zacks.com· 2024-05-24 14:56
Alcon (ALC) is well-poised to grow in the coming quarters, driven by its new product offerings. The performance of the Vision Care arm also appears encouraging. Strong financial stability in times of economic turmoil bodes well for the stock. However, concerns remain about the macroeconomic headwinds, which may strain the company’s margin performance. Competitive disadvantages also add to the worry.In the past year, this Zacks Rank #2 (Buy) stock has advanced 14.6% compared with the 12.1% rise of the indust ...
Is Alcon (ALC) Stock Outpacing Its Medical Peers This Year?
zacks.com· 2024-05-23 14:46
Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Alcon (ALC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Alcon is a member of our Medical group, which includes 1047 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 dif ...
Buy 5 Medical Instruments Stocks to Enhance Your Portfolio
zacks.com· 2024-05-23 13:41
The Medical Instruments industry has been witnessing a gradual transition from remote healthcare and contactless services during the pandemic to its original space of point-of-care testing, heavy as well as minimally invasive implants, elective procedures, and so on. This industry is highly fragmented, with participants engaged in research and development (R&D) in therapeutic areas.The Zacks defined Medical Instruments industry has advanced 8.9% in the past year and 9.7% year to date, respectively. Since th ...
3 Solid Buys From MedTech Following 2024 Guidance Raise
Zacks Investment Research· 2024-05-15 14:45
Market watchers had a bearish view for MedTech stocks ahead of the first-quarter earnings season, thanks to the ongoing geopolitical discord across the globe with major complications arising from the Middle-East conflicts. Security threats around the Red Sea were alarming through the months of the first quarter, leading to a significant rise in freight costs and shipping times. Added to this, healthcare labor shortages continued to act as a major business disruptor.While these remarkably reduced the gross a ...
Alcon (ALC) Q1 Earnings Surpass Estimates, Margins Expand
Zacks Investment Research· 2024-05-14 17:56
Alcon, Inc. (ALC) delivered core earnings per share (EPS) of 78 cents in the first quarter of 2024, up 11% from the year-ago quarter’s figure (up 21% at the constant exchange rate or CER). The figure topped the Zacks Consensus Estimate by 8.3%. Alcon’s ‘core’ results are based on non-IFRS (International Financial Reporting Standards) measures.In the first quarter, the company’s diluted EPS was 50 cents, up 43% year over year.Revenues in DetailAlcon’s net sales to third parties in the first quarter were $2.4 ...
Alcon(ALC) - 2024 Q1 - Earnings Call Transcript
2024-05-14 14:48
Alcon Inc. (NYSE:ALC) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Dan Cravens - Vice President, Investor Relations David Endicott - Chief Executive Officer Tim Stonesifer - Chief Financial Officer Conference Call Participants Graham Doyle - UBS Veronica Dubajova - Citi Ryan Zimmerman - BTIG Richard Felton - Goldman Sachs Larry Biegelsen - Wells Fargo Jack Reynolds-Clark - RBC Capital Markets David Saxon - Needham & Co Michael Sarcone - Jefferies Brett Fishbin - KeyBanc Capi ...
Compared to Estimates, Alcon (ALC) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-14 00:31
Alcon (ALC) reported $2.44 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.8%. EPS of $0.78 for the same period compares to $0.70 a year ago.The reported revenue represents a surprise of -0.64% over the Zacks Consensus Estimate of $2.46 billion. With the consensus EPS estimate being $0.72, the EPS surprise was +8.33%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...
2 Intriguing Medical Stocks to Buy for Steady Growth as Earnings Approach
Zacks Investment Research· 2024-05-14 00:21
Among the medical sector, Alcon (ALC)  and Prestige Consumer Healthcare (PBH)  are two intriguing stocks to buy for growth as their quarterly results approach on Tuesday, May 14.Alcon stands out as a provider of a full suite of eye care products while Prestige distributes over-the-counter (OTC) healthcare and household cleaning products. Let’s take a look at their expansion and get a better gauge as to why now is a good time to buy Alcon and Prestige’s stock.Alcon Preview Alcon primarily provides ophthalmic ...