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LON:CTEC

ConvaTec Group (CTEC) Share Price, News & Analysis

GBX 232.60
+1.40 (+0.61%)
(As of 09/6/2024 ET)
Today's Range
230.60
235.60
50-Day Range
226
251.80
52-Week Range
195.10
295.20
Volume
3.20 million shs
Average Volume
7.21 million shs
Market Capitalization
£4.77 billion
P/E Ratio
3,876.67
Dividend Yield
2.15%
Price Target
GBX 301.25

ConvaTec Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.5% Upside
GBX 301.25 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.40mentions of ConvaTec Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.95 out of 5 stars

CTEC stock logo

About ConvaTec Group Stock (LON:CTEC)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns. It also provides ostomy care solutions, including devices, accessories, and services for people with a stoma resulting from colorectal cancer, inflammatory bowel disease, and bladder cancer. In addition, the company offers continence care products and services for people with urinary continence issues related to spinal cord injuries, multiple sclerosis, spina bifida, and other causes, as well as critical care devices and products used in intensive care units and hospital settings. Further, it provides infusion care solutions comprising disposable infusion sets for diabetes insulin pumps, or for pumps used in continuous subcutaneous infusion treatments for conditions such as parkinson's disease. The company sells its products to pharmacies, hospitals, and other acute and post-acute healthcare service providers directly or through distributors and wholesalers. It serves a range of customers, including healthcare providers, patients, and manufacturers. ConvaTec Group PLC was founded in 1978 and is headquartered in London, the United Kingdom.

CTEC Stock Price History

CTEC Stock News Headlines

America dodged a crisis — next time it could be much worse
Legendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.
UBS Reaffirms Their Buy Rating on ConvaTec (CTEC)
Convatec Group PLC: Director/ PDMR Shareholding -2-
Convatec Group PLC: Director/ PDMR Shareholding
America dodged a crisis — next time it could be much worse
Legendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.
ConvaTec Group PLC FY EPS 6.3c
ConvaTec Group PLC (CTEC)
Convatec Group Plc (CTEC.L)
Convatec Group PLC: TR-1 Notification of Major Holdings
See More Headlines
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Company Calendar

Last Earnings
2/28/2020
Ex-Dividend for 10/4 Dividend
8/22/2024
Today
9/07/2024
Dividend Payable
10/04/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical Instruments & Supplies
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,136
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 301.25
High Stock Price Target
GBX 310
Low Stock Price Target
GBX 290
Potential Upside/Downside
+29.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
£153.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£2.20 billion
Cash Flow
GBX 13.68 per share
Book Value
GBX 81 per share

Miscellaneous

Outstanding Shares
2,050,000,000
Free Float
N/A
Market Cap
£4.77 billion
Optionable
Not Optionable
Beta
0.64
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Key Executives

  • Mr. Karim Bitar (Age 59)
    CEO & Director
    Comp: $2.97M
  • Mr. Jonathan Peter Mason (Age 60)
    Group CFO & Director
    Comp: $1.59M
  • Mr. John Haller
    Executive VP and Chief Quality & Operations Officer
  • Dr. Divakar Ramakrishnan Ph.D.
    Executive VP, Chief Technology Officer and Head of Research & Development
  • Ms. Kate Postans
    Vice President of Investor Relations & Corporate Communications
  • Ms. Evelyn Douglas J.D.
    Executive VP, Chief of Corporate Strategy & Business Development and General Counsel
  • Ms. Moyra Withycombe
    Interim Chief People Officer
  • Ms. Kjersti Grimsrud Biotechnology (Age 63)
    M.Sc., President & COO of Infusion Care
  • Mr. David Shepherd
    President & COO of Global Advanced Wound Care
  • Mr. Seth R. Segel (Age 55)
    President and COO of Continence Care & Home Services Group

CTEC Stock Analysis - Frequently Asked Questions

How have CTEC shares performed this year?

ConvaTec Group's stock was trading at GBX 244.20 on January 1st, 2024. Since then, CTEC stock has decreased by 4.8% and is now trading at GBX 232.60.
View the best growth stocks for 2024 here
.

How were ConvaTec Group's earnings last quarter?

ConvaTec Group PLC (LON:CTEC) issued its quarterly earnings results on Friday, February, 28th. The company reported $12.00 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $12.70 by $0.70. ConvaTec Group had a trailing twelve-month return on equity of 9.34% and a net margin of 6.96%.

How do I buy shares of ConvaTec Group?

Shares of CTEC stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of ConvaTec Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ConvaTec Group investors own include EnQuest (ENQ), Centamin (CEY), Oxford Biomedica (OXB), Bristol-Myers Squibb (BMY), Andalas Energy and Power (ADL), AFR.L (AFR) and CBTX (CBTX).

This page (LON:CTEC) was last updated on 9/7/2024 by MarketBeat.com Staff

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