Embecta (EMBC) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Embecta in the last year. 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 Wall Street analysts have issued 12 month target prices for Embecta's shares. Their EMBC share price targets range from $16.00 to $16.00. On average, they predict the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 50.7% 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 on January 1st, 2024. Since then, EMBC shares have decreased by 43.9% and is now trading at $10.62.
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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 analysts' consensus estimates of $0.46 by $0.15. The company earned $277.30 million during the quarter, compared to analyst estimates of $264.92 million. Embecta had a negative trailing twelve-month return on equity of 18.66% and a net margin of 4.93%. Embecta's revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS.

Embecta announced 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 annualized dividend and a yield of 5.65%. 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 5.86%. 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 updated its FY 2024 earnings guidance on Friday, February, 9th. The company provided earnings per share (EPS) guidance of 1.950-2.150 for the period, compared to the consensus 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 many different institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.09%), 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.
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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.
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