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Embecta (EMBC) Stock Price, News & Analysis

$12.37
-0.06 (-0.48%)
(As of 05/31/2024 ET)
Today's Range
$12.27
$13.04
50-Day Range
$10.13
$14.60
52-Week Range
$9.93
$28.36
Volume
994,576 shs
Average Volume
484,304 shs
Market Capitalization
$713.38 million
P/E Ratio
10.22
Dividend Yield
4.85%
Price Target
$13.00

Embecta MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
5.1% Upside
$13.00 Price Target
Short Interest
Bearish
5.15% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.17%
From $2.30 to $2.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.10 out of 5 stars

Medical Sector

802nd out of 928 stocks

Surgical & Medical Instruments Industry

90th out of 100 stocks

EMBC stock logo

About Embecta Stock (NASDAQ: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. Its products include pen needles, syringes, and safety injection devices, as well as digital applications to assist people with managing patient's diabetes. The company primarily sells its products to wholesalers and distributors in the United States and internationally. Embecta Corp. was founded in 1924 and is headquartered in Parsippany, New Jersey.

EMBC Stock Price History

EMBC Stock News Headlines

embecta Announces Quarterly Cash Dividend
Embecta earnings preview: what Wall Street is expecting
embecta to Participate in Investor Events
EMBC Apr 2024 10.000 put
EMBC Apr 2024 20.000 call
Embecta (NASDAQ:EMBC) Has Affirmed Its Dividend Of $0.15
Embecta Shareholders Approve Directors and Compensation Plans
Embecta Shares Fall Despite Outlook Raise, Strong 1Q
Embecta Sinks As Outlook Comes In Below Consensus
Why Embecta Stock Is Tanking Today
Why Embecta Stock Is Tanking Today
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/27/2024
Dividend Payable
3/15/2024
Last Earnings
5/09/2024
Ex-Dividend for 6/14 Dividend
5/24/2024
Today
6/02/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:EMBC
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+5.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$70.40 million
Pretax Margin
4.35%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$3.67 per share
Book Value
($13.35) per share

Miscellaneous

Free Float
57,509,000
Market Cap
$713.38 million
Optionable
Optionable
Beta
0.86
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Key Executives

  • Mr. Devdatt Kurdikar (Age 56)
    President, CEO & Director
    Comp: $2.2M
  • Mr. Jacob P. Elguicze (Age 51)
    Senior VP & CFO
    Comp: $1.05M
  • Mr. Brian R. Capone (Age 49)
    VP, Chief Accounting Officer & Corporate Controller
    Comp: $645.16k
  • Mr. Jeffrey Z. Mann (Age 52)
    Senior VP, General Counsel, Head of Business Development & Corporate Secretary
    Comp: $959.45k
  • Mr. Shaun Curtis (Age 55)
    Senior Vice President of Global Manufacturing & Supply Chain
    Comp: $915.67k
  • Ms. Colleen Riley (Age 60)
    Senior VP & Chief Technology Officer
  • Mr. Pravesh Khandelwal
    VP & Head of Investor Relations
  • Ms. Ginny Blocki
    Senior Vice President of Global Marketing & Product Management
  • Ms. Jean M. Casner (Age 66)
    Senior VP & Chief Human Resources Officer
  • Mr. Tom Blount (Age 50)
    Senior VP & President of North America

EMBC Stock Analysis - Frequently Asked Questions

Should I buy or sell Embecta stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Embecta in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" EMBC shares.
View EMBC analyst ratings
or view top-rated stocks.

What is Embecta's stock price target for 2024?

2 brokerages have issued 1-year target prices for Embecta's stock. Their EMBC share price targets range from $13.00 to $13.00. On average, they anticipate the company's share price to reach $13.00 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for EMBC
or view top-rated stocks among Wall Street analysts.

How have EMBC shares performed in 2024?

Embecta's stock was trading at $18.93 at the beginning of 2024. Since then, EMBC stock has decreased by 34.7% and is now trading at $12.37.
View the best growth stocks for 2024 here
.

When is Embecta's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our EMBC earnings forecast
.

How were Embecta's earnings last quarter?

Embecta Corp. (NASDAQ:EMBC) announced its earnings results on Thursday, May, 9th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.43 by $0.24. The company earned $287.20 million during the quarter, compared to the consensus estimate of $264.70 million. Embecta had a negative trailing twelve-month return on equity of 18.42% and a net margin of 6.20%. The firm's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 EPS.

How often does Embecta pay dividends? What is the dividend yield for Embecta?

Embecta announced a quarterly dividend on Thursday, May 9th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.15 per share on Friday, June 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Friday, May 24th.
Read our dividend analysis for EMBC
.

Is Embecta a good dividend stock?

Embecta (NASDAQ:EMBC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.85%. EMBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 49.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EMBC will have a dividend payout ratio of 25.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EMBC.

What ETFs hold Embecta's stock?

ETFs with the largest weight of Embecta (NASDAQ:EMBC) stock in their portfolio include SPDR S&P Health Care Equipment ETF (XHE) and Syntax Stratified SmallCap ETF (SSLY).Invesco S&P Spin-Off ETF (CSD).

What guidance has Embecta issued on next quarter's earnings?

Embecta updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of 2.200-2.300 for the period, compared to the consensus estimate of 2.100. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Who are Embecta's major shareholders?

Embecta's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.53%), Janus Henderson Group PLC (1.94%), Jacobs Levy Equity Management Inc. (1.12%), First Eagle Investment Management LLC (0.72%), Sei Investments Co. (0.63%) and Principal Financial Group Inc. (0.52%). Insiders that own company stock include David F Melcher, Devdatt Kurdikar, Jacob Elguicze and Jeffrey Z Mann.
View institutional ownership trends
.

How do I buy shares of Embecta?

Shares of EMBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EMBC) was last updated on 6/2/2024 by MarketBeat.com Staff

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