What Are The Chances Of Bausch Health Companies Inc (NYSE: BHC) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Salix Announces 2024 Gastrointestinal Health Scholars Program.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, BHC falls under the Healthcare sector while operating within the Drug Manufacturers – Specialty & Generic industry segment. At the end of the last regular session, the stock closed at $8.60 and fluctuated between $8.61 as its day high and $8.40 as its day low. The current market capitalization of Bausch Health Companies Inc is $3.14B. A total of 1.31 million shares were traded on the day, compared to an average of 1.98M shares.

In the most recent transaction, Carson Seana sold 220 shares of BHC for 7.38 per share on Dec 05. After the transaction, the EVP, General Counsel now owns 382,925 company shares. In a previous transaction on Nov 06, Carson Seana sold 43 shares at 7.61 per share. BHC shares that EVP, General Counsel owns now total 384,836.

Among the insiders who sold shares, Carson Seana disposed of 6,685 shares on Sep 06 at a per-share price of $8.28. This resulted in the EVP, General Counsel holding 385,213 shares of BHC after the transaction. In another insider transaction, Carson Seana sold 292 shares at $9.32 per share on Feb 28. Company shares held by the EVP, General Counsel now total 359,185.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BHC in the last 3 months, the mean price target is $9.17 with high estimates of $14.00 and low estimates of $6.00. In terms of 52-week highs and lows, BHC has a high of $10.23 and a low of $5.57.

As of this writing, BHC has an earnings estimate of $1.01 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.11 per share and a lower estimate of $0.95. The company reported an EPS of $0.82 in the last quarter, which was 5.10% higher than expectations of $0.78.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. BHC’s latest balance sheet shows that the firm has $582.00M in Cash & Short Term Investments as of fiscal 2021. There were $22.65B in debt and $5.20B in liabilities at the time. Its Book Value Per Share was -$3.26, while its Total Shareholder’s Equity was -$34.00M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 BHC is Buy with a score of 3.17.

Most Popular

Related Posts