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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
LON:CTEC

ConvaTec Group (CTEC) Share Price, News & Analysis

GBX 286.40
-2.80 (-0.97%)
(As of 04:35 PM ET)
Today's Range
285.60
290.20
50-Day Range
234.60
289.60
52-Week Range
195.10
293.60
Volume
5.41 million shs
Average Volume
5.45 million shs
Market Capitalization
£5.87 billion
P/E Ratio
5,728.00
Dividend Yield
1.75%
Price Target
GBX 307.17

ConvaTec Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
7.3% Upside
GBX 307.17 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.10mentions 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.

0.42 out of 5 stars

CTEC stock logo

About ConvaTec Group Stock (LON:CTEC)

ConvaTec Group PLC engages in the development, manufacture, and marketing of medical products and technologies worldwide. 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 and critical 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 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. The company was founded in 1978 and is headquartered in Reading, the United Kingdom.

CTEC Stock Price History

CTEC Stock News Headlines

ConvaTec Group (LON:CTEC) Reaches New 52-Week High at $293.60
ConvaTec Group (LON:CTEC) Hits New 52-Week High at $290.29
A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
Convatec Group PLC: Director/ PDMR Shareholding -2-
Convatec Group PLC: Director/ PDMR Shareholding
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
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
Convatec Group PLC: HOL-Holding(s) in Company
CTEC.L - ConvaTec Group PLC
Convatec Group PLC: Total Voting Rights
Convatec Group PLC: Result of AGM
2 cheap shares I’d buy as the FTSE 100 slides
See More Headlines
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Company Calendar

Last Earnings
2/28/2020
Today
3/28/2024
Ex-Dividend for 5/23 Dividend
4/25/2024
Dividend Payable
5/23/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical Instruments & Supplies
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 307.17
High Stock Price Target
GBX 323
Low Stock Price Target
GBX 300
Potential Upside/Downside
+6.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
£130.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£2.14 billion
Cash Flow
GBX 16.93 per share
Book Value
GBX 83 per share

Miscellaneous

Outstanding Shares
2,050,000,000
Free Float
N/A
Market Cap
£5.90 billion
Optionable
Not Optionable
Beta
0.55
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Key Executives

  • Mr. Karim Bitar (Age 59)
    CEO & Director
    Comp: $2.45M
  • Mr. Jonathan Peter Mason (Age 60)
    Group CFO & Director
    Comp: $1.06M
  • 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. Natalia Kozmina
    Executive VP, Chief Human Resources Officer & ESG Stewardship
  • Ms. Kjersti Grimsrud Biotechnology (Age 63)
    M.Sc., President & COO of Infusion Care
  • Mr. Supratim Bose (Age 72)
    President & COO of Global Emerging Markets
  • Mr. David Shepherd
    President & COO of Global Advanced Wound Care

CTEC Stock Analysis - Frequently Asked Questions

Should I buy or sell ConvaTec Group stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ConvaTec Group in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTEC shares.
View CTEC analyst ratings
or view top-rated stocks.

What is ConvaTec Group's stock price target for 2024?

6 brokerages have issued 1-year price objectives for ConvaTec Group's shares. Their CTEC share price targets range from GBX 300 to GBX 323. On average, they expect the company's share price to reach GBX 307.17 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for CTEC
or view top-rated stocks among Wall Street analysts.

How have CTEC shares performed in 2024?

ConvaTec Group's stock was trading at GBX 244.20 at the beginning of 2024. Since then, CTEC shares have increased by 17.3% and is now trading at GBX 286.40.
View the best growth stocks for 2024 here
.

How were ConvaTec Group's earnings last quarter?

ConvaTec Group PLC (LON:CTEC) released its quarterly earnings data 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 7.89% and a net margin of 6.08%.

How often does ConvaTec Group pay dividends? What is the dividend yield for ConvaTec Group?

ConvaTec Group announced a dividend on Wednesday, March 6th. Investors of record on Thursday, April 25th will be paid a dividend of GBX 0.04 per share on Thursday, May 23rd. This represents a yield of 1.39%. The ex-dividend date is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 0.02. The official announcement can be accessed at this link.
Read our dividend analysis for CTEC
.

Is ConvaTec Group a good dividend stock?

ConvaTec Group (LON:CTEC) pays an annual dividend of GBX 5 per share and currently has a dividend yield of 1.70%. The dividend payout ratio is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CTEC.

What other stocks do shareholders of ConvaTec Group own?

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

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.

This page (LON:CTEC) was last updated on 3/28/2024 by MarketBeat.com Staff

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