Embecta (EMBC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $19.30 to $20.44
• 50-Day Range: $13.09 to $20.83
• 52-Week Range: $9.93 to $21.48
• Volume: 1.41 million shs
• Average Volume: 414,393 shs
• Market Capitalization: $1.18 billion
• P/E Ratio: 14.99
• Dividend Yield: 2.97%
• Price Target: $23.00
• Consensus Rating: Moderate Buy

Embecta Stock Analysis - MarketRank™

Embecta scored higher than 76% of companies evaluated by MarketBeat, and ranked 205th out of 947 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Embecta has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Embecta has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.15%

Earnings Growth

Earnings for Embecta are expected to grow by 9.15% in the coming year, from $2.84 to $3.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Embecta is 14.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Embecta is 14.99, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 102.67.

Price to Earnings Growth Ratio

Embecta has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.28% of the float of Embecta has been sold short.

Short Interest Ratio / Days to Cover

Embecta has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Embecta has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Embecta pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Embecta does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Embecta is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Embecta will have a dividend payout ratio of 19.35% next year. This indicates that Embecta will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.28% of the float of Embecta has been sold short.

Short Interest Ratio / Days to Cover

Embecta has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Embecta has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

Embecta has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Embecta this week, compared to 3 articles on an average week.

Search Interest

6 people have searched for EMBC on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Embecta to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Embecta insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.28% of the stock of Embecta is held by insiders.

Percentage Held by Institutions

93.83% of the stock of Embecta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EMBC Stock Analysis - Frequently Asked Questions

How have EMBC shares performed this year?

Embecta's stock was trading at $18.93 at the beginning of 2024. Since then, EMBC stock has increased by 6.9% and is now trading at $20.23.
View the best growth stocks for 2024 here.

How were Embecta's earnings last quarter?

Embecta Corp. (NASDAQ:EMBC) announced its earnings results on Tuesday, November, 26th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.05. The company's revenue was up 1.5% compared to the same quarter last year.

Who are Embecta's major shareholders?

Embecta's top institutional investors include River Road Asset Management LLC (6.03%), Yacktman Asset Management LP (4.38%), FMR LLC (4.17%) and State Street Corp (4.00%). Insiders that own company stock include Devdatt Kurdikar, Jacob Elguicze, Jeffrey Z Mann and David F Melcher.
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.

What other stocks do shareholders of Embecta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Embecta investors own include Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), American Water Works (AWK), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 11/26/2024
• Ex-Dividend for 12/18 Dividend: 12/06/2024
• Dividend Payable: 12/18/2024
• Today: 12/20/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:EMBC
• CUSIP: N/A
• CIK: 1872789
• Web: www.embecta.com
• Phone: 201-847-6880
• Fax: N/A
• Employees: 2,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $23.00
• High Stock Price Target: $26.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +13.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.35
• Trailing P/E Ratio: 14.99
• Forward P/E Ratio: 7.12
• P/E Growth: 1.08
• Net Income: $78.30 million
• Net Margins: 6.97%
• Pretax Margin: 3.94%
• Return on Equity: -18.54%
• Return on Assets: 11.43%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.03
• Quick Ratio: 1.58

Sales & Book Value

• Annual Sales: $1.12 billion
• Price / Sales: 1.05
• Cash Flow: $3.39 per share
• Price / Cash Flow: 5.97
• Book Value: ($12.80) per share
• Price / Book: -1.58

Miscellaneous

• Outstanding Shares: 58,131,000
• Free Float: 57,540,000
• Market Cap: $1.18 billion
• Optionable: Optionable
• Beta: 1.25