Should I buy or sell ConvaTec Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConvaTec Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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 12 month price targets for ConvaTec Group's shares. Their CTEC share price targets range from GBX 300 to GBX 323. On average, they expect the company's stock price to reach GBX 307.17 in the next twelve months. This suggests a possible upside of 8.3% 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 the year. Since then, CTEC shares have increased by 16.1% and is now trading at GBX 283.60. View the best growth stocks for 2024 here .

How were ConvaTec Group's earnings last quarter?

ConvaTec Group PLC (LON:CTEC) issued its quarterly earnings results on Friday, February, 28th. The company reported $12.00 EPS for the quarter, missing the consensus estimate 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 given a dividend of GBX 0.04 per share on Thursday, May 23rd. This represents a yield of 1.39%. The ex-dividend date of this dividend 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 1.69%. 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 .

LON:CTEC

ConvaTec Group (CTEC) Share Price, News & Analysis

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Free CTEC Stock Alerts

GBX 283.60

+2.60 (+0.93%)

(As of 04:35 PM ET)

Compare

Today's Range: 280.40
▼
283.60
50-Day Range: 234.60
▼
293.58
52-Week Range: 195.10
▼
295.20

Volume: 4.25 million shs
Average Volume: 5.36 million shs
Market Capitalization: £5.81 billion

P/E Ratio: 5,672.00
Dividend Yield: 1.76%
Price Target: GBX 307.17

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get ConvaTec Group alerts:

ConvaTec Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 8.3% Upside
GBX 307.17 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

0.35 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
ConvaTec Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
ConvaTec Group has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CTEC.

0.8

Dividend Strength

Dividend Yield
ConvaTec Group pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
ConvaTec Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of ConvaTec Group is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CTEC.

1.3

News and Social Media Coverage

News Sentiment
ConvaTec Group has a news sentiment score of -0.63. 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 0.49 average news sentiment score of Medical companies.
MarketBeat Follows
1 people have added ConvaTec Group to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ConvaTec Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.20% of the stock of ConvaTec Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
66.70% of the stock of ConvaTec Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of ConvaTec Group is 5,672.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 138.69.
Price to Earnings Ratio vs. Sector
The P/E ratio of ConvaTec Group is 5,672.00, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 206.33.
Price to Earnings Growth Ratio
ConvaTec Group has a PEG Ratio of 2.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ConvaTec Group has a P/B Ratio of 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About ConvaTec Group Stock (LON:CTEC)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. 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 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 critical care devices and 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. ConvaTec Group PLC was founded in 1978 and is headquartered in London, the United Kingdom.

CTEC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CTEC Stock News Headlines

April 11, 2024 | americanbankingnews.com

ConvaTec Group (LON:CTEC) Sets New 12-Month Low at $2.87

March 14, 2024 | finanznachrichten.de

Convatec Group PLC: Director/ PDMR Shareholding -2-

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March 12, 2024 | markets.businessinsider.com

Convatec Group PLC: Director/ PDMR Shareholding

March 8, 2024 | lse.co.uk

London midday: FTSE drifts lower ahead of payrolls

March 8, 2024 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.47%

March 6, 2024 | msn.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.40%

March 6, 2024 | marketwatch.com

ConvaTec Group PLC FY EPS 6.3c

April 18, 2024 | Paradigm Press (Ad)

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ConvaTec Group PLC (CTEC)

February 9, 2024 | lse.co.uk

London midday: FTSE nudges up as investors pause for breath

January 31, 2024 | uk.finance.yahoo.com

Convatec Group Plc (CTEC.L)

January 17, 2024 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.50%

August 31, 2023 | finanznachrichten.de

Convatec Group PLC: TR-1 Notification of Major Holdings

August 22, 2023 | finance.yahoo.com

Is There An Opportunity With ConvaTec Group PLC's (LON:CTEC) 32% Undervaluation?

August 4, 2023 | finance.yahoo.com

ConvaTec Group First Half 2023 Earnings: EPS Misses Expectations

July 24, 2023 | finanznachrichten.de

Convatec Group PLC: HOL-Holding(s) in Company

July 10, 2023 | finance.yahoo.com

ConvaTec Group (LON:CTEC) Hasn't Managed To Accelerate Its Returns

June 9, 2023 | msn.com

JP Morgan Cazenove Reiterates ConvaTec Group (LSE:CTEC) Overweight Recommendation

June 7, 2023 | finance.yahoo.com

CTEC.L - ConvaTec Group PLC

May 31, 2023 | uk.finance.yahoo.com

Convatec Group PLC: Total Voting Rights

May 20, 2023 | msn.com

Barclays Reiterates ConvaTec Group (LSE:CTEC) Overweight Recommendation

May 18, 2023 | uk.finance.yahoo.com

Convatec Group PLC: Result of AGM

April 19, 2023 | marketwatch.com

30 Technology's Clinically Validated Antimicrobial Nitric Oxide Platform Acquired by Convatec Group Plc for Several Applications

March 28, 2023 | uk.finance.yahoo.com

2 cheap shares I’d buy as the FTSE 100 slides

March 26, 2023 | finance.yahoo.com

ConvaTec Group (LON:CTEC) shareholders YoY returns are lagging the company's 23% three-year earnings growth

March 22, 2023 | markets.businessinsider.com

Convatec Group PLC: Annual Report and Accounts 2022 and Notice of AGM

See More Headlines

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Company Calendar

Last Earnings: 2/28/2020
Today: 4/18/2024
Ex-Dividend for 5/23 Dividend: 4/25/2024
Dividend Payable: 5/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Medical
Industry: Medical Instruments & Supplies
Sub-Industry: N/A
Current Symbol: LON:CTEC
CUSIP: N/A
CIK: N/A
Web: www.convatecgroup.com
Phone: 44 11 8952 8100
Fax: N/A
Employees: 10,136
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: +8.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.05
Trailing P/E Ratio: 5,640.00
Forward P/E Ratio: 22.51
P/E Growth: 2.4
Net Income: £130.30 million
Net Margins: 6.08%
Pretax Margin: N/A
Return on Equity: 7.89%
Return on Assets: 4.79%

Debt

Debt-to-Equity Ratio: 77.53
Current Ratio: 1.62
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: £2.14 billion
Price / Sales: 2.70
Cash Flow: GBX 16.58 per share
Price / Cash Flow: 17.01
Book Value: GBX 83 per share
Price / Book: 3.40

Miscellaneous

Outstanding Shares: 2,050,000,000
Free Float: N/A
Market Cap: £5.78 billion
Optionable: Not Optionable
Beta: 0.55

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Key Executives

Mr. Karim Bitar (Age 59)
CEO & Director
Comp: $2.97M
Mr. Jonathan Peter Mason (Age 60)
Group CFO & Director
Comp: $1.59M
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. Moyra Withycombe
Interim Chief People Officer
Ms. Kjersti Grimsrud Biotechnology (Age 63)
M.Sc., President & COO of Infusion Care
Mr. David Shepherd
President & COO of Global Advanced Wound Care
Mr. Seth R. Segel (Age 55)
President and COO of Continence Care & Home Services Group

Key Competitors

View All Competitors

Insiders

Karim Bitar
Sold 429,441 shares
Total: £92.76 M ($216.00/share)

View All Insider Transactions

CTEC Stock Analysis - Frequently Asked Questions

Should I buy or sell ConvaTec Group stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConvaTec Group in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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 12 month price targets for ConvaTec Group's shares. Their CTEC share price targets range from GBX 300 to GBX 323. On average, they expect the company's stock price to reach GBX 307.17 in the next twelve months. This suggests a possible upside of 8.3% 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 the year. Since then, CTEC shares have increased by 16.1% and is now trading at GBX 283.60.
View the best growth stocks for 2024 here.
How were ConvaTec Group's earnings last quarter?: ConvaTec Group PLC (LON:CTEC) issued its quarterly earnings results on Friday, February, 28th. The company reported $12.00 EPS for the quarter, missing the consensus estimate 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 given a dividend of GBX 0.04 per share on Thursday, May 23rd. This represents a yield of 1.39%. The ex-dividend date of this dividend 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 1.69%. 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 4/18/2024 by MarketBeat.com Staff

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ConvaTec Group (CTEC) Share Price, News & Analysis

ConvaTec Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

MarketBeat Follows

Company Ownership

Earnings and Valuation

About ConvaTec Group Stock (LON:CTEC)

CTEC Stock Price History

CTEC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CTEC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™