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Saturday, June 3, 2023

The Street Is Finally Waking Up To Embecta Corp. (NASDAQ: EMBC)

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Embecta Corp. (EMBC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.57, or -2.00%, to $27.89. The Embecta Corp. has recorded 7,926 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that UPDATE — embecta to Participate in Investor Conferences.

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Stocks Info

EMBC belongs to the Healthcare sector of the NASDAQ while operating in the Medical Instruments & Supplies industry. At the end of the last regular session, the stock closed at $28.46 and fluctuated between $28.69 as its day high and $27.25 as its day low. The current market capitalization of Embecta Corp. is $1.54B. A total of 0.53 million shares were traded on the day, compared to an average of 401.72K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, EMBC has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 4,875 shares. Over the last 12 months, there were 18 BUYs and 9 SELLs from insiders. Insiders purchased 215,069 shares during that period but sold 19,511.

In the most recent transaction, Melcher David F bought 3,100 shares of EMBC for 32.51 per share on Feb 15. After the transaction, the Director now owns 21,465 company shares.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Embecta Corp. pays an annual dividend of $0.60, resulting in a dividend yield of 2.11%, and it has a price to earnings (P/E) ratio of 10.36. EMBC’s most recent ex-dividend date was 5/25/2023 when it declared a $0.15 quarterly dividend that was paid in cash on 6/13/2023. Previously, the company paid the dividend on 6/13/2023 with an ex-dividend date of 5/25/2023. The EMBC stock dividend was $0.15 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for EMBC in the last 3 months, the mean price target is $27.00 with high estimates of $29.00 and low estimates of $25.00. In terms of 52-week highs and lows, EMBC has a high of $36.64 and a low of $22.30.

As of this writing, EMBC has an earnings estimate of $0.46 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.45. The company reported an EPS of $0.61 in the last quarter, which was 19.60% higher than expectations of $0.51.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was -$14.64, while its Total Shareholder’s Equity was $594.00M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EMBC is Buy with a score of 2.00.

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