S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
LON:CTEC

ConvaTec Group (CTEC) Share Price, News & Analysis

GBX 250.40
+4.20 (+1.71%)
(As of 03/1/2024 ET)
Today's Range
245.80
250.40
50-Day Range
234.60
251
52-Week Range
195.10
257.87
Volume
5.02 million shs
Average Volume
4.70 million shs
Market Capitalization
£5.13 billion
P/E Ratio
8,346.67
Dividend Yield
2.00%
Price Target
GBX 298.33

ConvaTec Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.1% Upside
GBX 298.33 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.

0.82 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 PLC (CTEC)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Convatec Group Plc (CTEC.L)
Convatec Group PLC: TR-1 Notification of Major Holdings
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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
Convatec Group PLC: Annual Report and Accounts 2022 and Notice of AGM
Convatec Group PLC: Results of 2022 AGM Update Statement
Convatec Group PLC: Scrip Dividend - Calculation Price
See More Headlines
Receive CTEC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ConvaTec Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/28/2020
Today
3/02/2024

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 298.33
High Stock Price Target
GBX 310
Low Stock Price Target
GBX 290
Potential Upside/Downside
+19.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
£70.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£2.08 billion
Cash Flow
GBX 14.72 per share
Book Value
GBX 80 per share

Miscellaneous

Outstanding Shares
2,050,000,000
Free Float
N/A
Market Cap
£5.13 billion
Optionable
Not Optionable
Beta
0.54
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

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 equities research 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 equities 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 Wall Street analysts have issued 12-month price objectives for ConvaTec Group's shares. Their CTEC share price targets range from GBX 290 to GBX 310. On average, they anticipate the company's share price to reach GBX 298.33 in the next twelve months. This suggests a possible upside of 19.1% 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 2.5% and is now trading at GBX 250.40.
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 earnings per share for the quarter, missing the consensus estimate of $12.70 by $0.70. ConvaTec Group had a trailing twelve-month return on equity of 4.38% and a net margin of 3.37%.

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

ConvaTec Group declared a dividend on Wednesday, August 2nd. Investors of record on Thursday, August 17th will be given a dividend of GBX 0.02 per share on Thursday, September 28th. This represents a yield of 0.67%. The ex-dividend date is Thursday, August 17th. The official announcement can be seen 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 2.03%. The dividend payout ratio is 16,666.67%. 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 3/3/2024 by MarketBeat.com Staff