Alcon Stock Quote Today

ALC
 Stock
  

USD 70.05  0.16  0.23%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Alcon is trading at 70.05 as of the 1st of July 2022, a 0.23 percent up since the beginning of the trading day. The stock's open price was 69.89. Alcon has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Alcon Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of July 2020 and ending today, the 1st of July 2022. Click here to learn more.
Alcon Inc., an eye care company, researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. Alcon Inc. was founded in 1945 and is headquartered in Geneva, Switzerland. Alcon operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. The company has 490.1 M outstanding shares of which 8.73 M shares are presently shorted by investors with about 9.84 days to cover. More on Alcon Inc

Alcon Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Alcon's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alcon or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Alcon Inc is unlikely to experience financial distress in the next 2 years
Alcon Inc has a strong financial position based on the latest SEC filings
About 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketscreener.com: Enovis Announces Chief Financial Officer Transition Plan - Form 8-K - Marketscreener.com
New SymbolALC1
CEODavid Endicott
Thematic IdeaDrugs (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Alcon report their recommendations after researching Alcon's financial statements, talking to executives and customers, or listening in on Alcon's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alcon Inc. The Alcon consensus assessment is calculated by taking the average forecast from all of the analysts covering Alcon.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Alcon Inc based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Alcon Inc financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares540.8 M490 M
Significantly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted543 M493.4 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations1.2 B1.3 B
Fairly Down
Decreasing
Slightly volatile
Total Assets26.4 B28 B
Notably Down
Decreasing
Slightly volatile
Total Liabilities8.2 B8.7 B
Notably Down
Increasing
Slightly volatile
Current Assets5.1 B5.4 B
Notably Down
Increasing
Slightly volatile
Current Liabilities2.5 B2.5 B
Slightly Down
Increasing
Slightly volatile
Total Debt4.8 B4.5 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.01510.014
Significantly Up
Increasing
Stable
Gross Margin0.570.561
Fairly Up
Increasing
Slightly volatile
Asset Turnover0.310.299
Sufficiently Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Alcon's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Alcon's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alcon's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alcon's financial leverage. It provides some insight into what part of Alcon's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Alcon's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Alcon deploys its capital and how much of that capital is borrowed.
Liquidity
Alcon cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.49 B in debt with debt to equity (D/E) ratio of 0.23, which may show that the company is not taking advantage of profits from borrowing. Alcon Inc has a current ratio of 2.14, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Alcon until it has trouble settling it off, either with new capital or with free cash flow. So, Alcon's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alcon Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alcon to invest in growth at high rates of return. When we think about Alcon's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.19 BillionShare
Alcon Inc (ALC) is traded on New York Stock Exchange in USA. It is located in Chemin de Blandonnet 8 and employs 24,389 people. Alcon is listed under Medical Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 33.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alcon's market, we take the total number of its shares issued and multiply it by Alcon's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Alcon Inc runs under Healthcare sector within Medical Instruments & Supplies industry. The entity has 490.1 M outstanding shares of which 8.73 M shares are presently shorted by investors with about 9.84 days to cover. Alcon Inc has about 1.58 B in cash with 1.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22.
Check Alcon Probability Of Bankruptcy
Ownership
Alcon holds a total of four hundred ninety million one hundred thousand outstanding shares. Over half of Alcon Inc outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Alcon. Please watch out for any change in the institutional holdings of Alcon Inc as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Alcon Ownership Details

Alcon Stock Price Odds Analysis

What are Alcon's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Alcon jumping above the current price in 90 days from now is about 57.43%. The Alcon Inc probability density function shows the probability of Alcon stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Alcon has a beta of 0.9792. This suggests Alcon Inc market returns are sensitive to returns on the market. As the market goes up or down, Alcon is expected to follow. Additionally, the company has an alpha of 0.1412, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 70.05HorizonTargetOdds Above 70.05
42.32%90 days
 70.05 
57.43%
Based on a normal probability distribution, the odds of Alcon to move above the current price in 90 days from now is about 57.43 (This Alcon Inc probability density function shows the probability of Alcon Stock to fall within a particular range of prices over 90 days) .

Alcon Historical Income Statement

Alcon Inc Income Statement is one of the three primary financial statements used for reporting Alcon's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alcon Inc revenue and expense. Alcon Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Alcon Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 376 Million. The current year Cost of Revenue is expected to grow to about 4.1 B, whereas Gross Profit is forecasted to decline to about 4.4 B. View More Fundamentals

Alcon Stock Against Markets

Picking the right benchmark for Alcon stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alcon stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alcon is critical whether you are bullish or bearish towards Alcon Inc at a given time.

Similar Equity Warning - ALC

Alcon Inc was forked

The entity Alcon Inc with a symbol ALC was recently forked. You can potentially use ASSISTED LIVING CONCEPTS with a symbol ALC1 from now on.

Alcon Corporate Directors

Alcon corporate directors refer to members of an Alcon board of directors. The board of directors generally takes responsibility for the Alcon's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alcon's board members must vote for the resolution. The Alcon board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas Bahen - Non-Executive DirectorProfile
Malcolm Pradhan - DirectorProfile
Nicholas Dignam - DirectorProfile
Carlos Toledo - Director, Representative of Ram Bhavnani's investmentProfile

Investing Alcon Inc

You need to understand the risk of investing before taking a position in Alcon. The danger of trading Alcon Inc 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 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. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alcon Inc 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.
Please continue to Trending Equities. Note that the Alcon Inc information on this page should be used as a complementary analysis to other Alcon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Alcon Inc price analysis, check to measure Alcon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcon is operating at the current time. Most of Alcon's value examination focuses on studying past and present price action to predict the probability of Alcon's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alcon's price. Additionally, you may evaluate how the addition of Alcon to your portfolios can decrease your overall portfolio volatility.
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Is Alcon's industry 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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alcon Inc 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's value that differs from its market value or its book value, called intrinsic value, which is Alcon'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's market value can be influenced by many factors that don't directly affect Alcon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcon's value and its price as these two are different measures arrived at by different means. Investors typically determine Alcon value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcon'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.