Elekta AB (publ) (EKTAY) Stock Price, News & Analysis

Company Overview

Elekta AB (publ), a medical technology company, provides clinical solutions for treating cancer and brain disorders worldwide. The company offers Versa HD, a brain metastases solution; Elekta Unity for real-time MR visualization; Elekta Harmony, a linear accelerator; Elekta Infinity for treating a range of patients with simple-to-complex radiotherapy needs; Elekta Synergy, a digital accelerator for image guided radiation therapy; treatment and workflow management solutions; radiation and medical oncology; and other patient services. It also provides Elekta Studio, an image guided brachytherapy solution; ImagingRing, a mobile CT scanner; Oncentra Brachy, a smart tool that facilitate repetitive tasks; Venezia applicator that enables the oncologist to treat locally advanced cervical cancer; Elekta Flexitron afterloader for enabling the precise execution of all steps in the workflow; Geneva, an applicator for cervical cancer treatment; veterinary radiation therapy products; and Elekta Kaiku for personalized cancer care. In addition, the company offers stereotactic radiosurgery, such as Leksell Gamma Knife Icon for personalized radiation treatment; Leksell Gamma Knife Perfexion, a tool for radiosurgeons; and Elekta Esprit. Further, it provides neurosurgery products comprising Leksell Vantage Stereotactic System for intracranial neurosurgery; and Leksell Stereotactic System for minimally invasive stereotactic neurosurgery. The company was incorporated in 1972 and is headquartered in Stockholm, Sweden.

Key Stats

• Today's Range: $5.34 to $5.45
• 50-Day Range: $5.43 to $6.78
• 52-Week Range: $5.34 to $8.37
• Volume: 20,592 shs
• Average Volume: 9,436 shs
• Market Capitalization: $2.08 billion
• P/E Ratio: 21.74
• Dividend Yield: 2.02%
• Price Target: N/A
• Consensus Rating: N/A

Elekta AB (publ) Stock Analysis - MarketRank™

Elekta AB (publ) scored higher than 71% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Elekta AB (publ).

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 19.44%

Earnings Growth

Earnings for Elekta AB (publ) are expected to grow by 19.44% in the coming year, from $0.36 to $0.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Elekta AB (publ) is 21.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elekta AB (publ) is 21.74, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 91.34.

Price to Book Value per Share Ratio

Elekta AB (publ) has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Elekta AB (publ) have been sold short.

Short Interest Ratio / Days to Cover

Elekta AB (publ) has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Elekta AB (publ) pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Elekta AB (publ) does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Elekta AB (publ) is 44.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Elekta AB (publ) will have a dividend payout ratio of 25.58% next year. This indicates that Elekta AB (publ) will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Elekta AB (publ) have been sold short.

Short Interest Ratio / Days to Cover

Elekta AB (publ) has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Elekta AB (publ) has a news sentiment score of 0.10. 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 is a lower news sentiment than the 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Elekta AB (publ) this week, compared to 0 articles on an average week.

Search Interest

1 people have searched for EKTAY on MarketBeat 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, Elekta AB (publ) insiders have not sold or bought any company stock.

Percentage Held by Insiders

41.28% of the stock of Elekta AB (publ) is held by insiders. A high percentage of insider ownership can be a sign of company health.

EKTAY Stock Analysis - Frequently Asked Questions

How have EKTAY shares performed this year?

Elekta AB (publ)'s stock was trading at $8.1495 at the beginning of 2024. Since then, EKTAY shares have decreased by 33.3% and is now trading at $5.4340.
View the best growth stocks for 2024 here.

How do I buy shares of Elekta AB (publ)?

Shares of EKTAY 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.

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/09/2024
• Dividend Payable: 9/27/2024
• Today: 12/21/2024
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Medical
• Industry: Medical laboratories
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:EKTAY
• CUSIP: N/A
• CIK: 1451160
• Web: www.elekta.com
• Phone: (685) 872-5400
• Fax: 46-8-587-255-00
• Employees: 4,718
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.25
• Trailing P/E Ratio: 21.74
• Forward P/E Ratio: 15.09
• P/E Growth: N/A
• Net Income: $122.52 million
• Net Margins: 5.65%
• Pretax Margin: 8.08%
• Return on Equity: 11.09%
• Return on Assets: 3.76%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 0.99
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: $1.70 billion
• Price / Sales: 1.22
• Cash Flow: $0.58 per share
• Price / Cash Flow: 9.41
• Book Value: $2.64 per share
• Price / Book: 2.06

Miscellaneous

• Outstanding Shares: 383,568,000
• Free Float: 225,231,000
• Market Cap: $2.08 billion
• Optionable: Not Optionable
• Beta: 1.23