Embecta (EMBC) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Embecta in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" EMBC shares.
View EMBC analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month price targets for Embecta's stock. Their EMBC share price targets range from $16.00 to $16.00. On average, they expect the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 54.6% from the stock's current price.
View analysts price targets for EMBC or view top-rated stocks among Wall Street analysts.

Embecta's stock was trading at $18.93 at the start of the year. Since then, EMBC shares have decreased by 45.3% and is now trading at $10.35.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our EMBC earnings forecast.

Embecta Corp. (NASDAQ:EMBC) released its earnings results on Friday, February, 9th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.15. The business had revenue of $277.30 million for the quarter, compared to analysts' expectations of $264.92 million. Embecta had a negative trailing twelve-month return on equity of 18.66% and a net margin of 4.93%. The business's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the business earned $0.93 earnings per share.

Embecta declared a quarterly dividend on Friday, February 9th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.15 per share on Friday, March 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend is Tuesday, February 27th.
Read our dividend analysis for EMBC.

Embecta (NASDAQ:EMBC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.67%. EMBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EMBC will have a dividend payout ratio of 27.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EMBC.

ETFs with the largest weight of Embecta (NASDAQ:EMBC) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Syntax Stratified SmallCap ETF (SSLY) and Invesco S&P Spin-Off ETF (CSD).Simplify Health Care ETF (PINK).

Embecta issued an update on its FY 2024 earnings guidance on Friday, February, 9th. The company provided earnings per share guidance of 1.950-2.150 for the period, compared to the consensus earnings per share estimate of 2.000. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Embecta's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.04%) and Cardinal Capital Management (0.02%). Insiders that own company stock include David F Melcher, Devdatt Kurdikar, Jacob Elguicze and Jeffrey Z Mann.
View institutional ownership trends.

Shares of EMBC 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.