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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
LON:CTEC

ConvaTec Group (CTEC) Share Forecast, Price & News

GBX 222.80
-0.20 (-0.09%)
(As of 08:15 AM ET)
Compare
Today's Range
220.80
▼
224.20
50-Day Range
205.80
▼
233.80
52-Week Range
195.90
▼
257.87
Volume
1.10 million shs
Average Volume
4.85 million shs
Market Capitalization
£4.57 billion
P/E Ratio
7,426.67
Dividend Yield
2.24%
Price Target
GBX 296
ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines

ConvaTec Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.3% Upside
GBX 296 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™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CTEC stock logo

About ConvaTec Group (LON:CTEC) Stock

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 Price History

CTEC Stock News Headlines

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?
September 22, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
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
September 22, 2023 | Edge On The Street (Ad)
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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
March 2, 2023 | finance.yahoo.com
FDA clears first placental extracellular matrix medical device for management of second-degree burns
January 30, 2023 | finance.yahoo.com
Returns On Capital At ConvaTec Group (LON:CTEC) Have Stalled
November 23, 2022 | finance.yahoo.com
ConvaTec Group Plc's (LON:CTEC) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
October 17, 2022 | finance.yahoo.com
Investing in ConvaTec Group (LON:CTEC) three years ago would have delivered you a 20% gain
September 25, 2022 | markets.businessinsider.com
Convatec Group PLC: Results of 2022 AGM Update Statement
September 25, 2022 | finance.yahoo.com
ConvaTec Group Plc's (LON:CTEC) Intrinsic Value Is Potentially 61% Above Its Share Price
September 14, 2022 | finanznachrichten.de
Convatec Group PLC: Scrip Dividend - Calculation Price
August 5, 2022 | finance.yahoo.com
Chris Gent fined £80,000 for trying his best
August 5, 2022 | finance.yahoo.com
UK regulator fines Christopher Gent £80,000 for disclosing inside information
June 16, 2022 | finance.yahoo.com
Is ConvaTec Group Plc's (LON:CTEC) Stock Price Struggling As A Result Of Its Mixed Financials?
May 16, 2022 | uk.news.yahoo.com
What lies in store for the ConvaTec share price?
See More Headlines
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CTEC Company Calendar

Last Earnings
2/28/2020
Ex-Dividend for 9/28 Dividend
8/17/2023
Today
9/22/2023
Dividend Payable
9/28/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
LON
Industry
Medical Instruments & Supplies
Sub-Industry
N/A
Sector
Medical
Current Symbol
LON:CTEC
CUSIP
N/A
CIK
N/A
Web
www.convatecgroup.com
Phone
44 11 8952 8100
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 296
High Stock Price Forecast
GBX 310
Low Stock Price Forecast
GBX 280
Forecasted Upside/Downside
+32.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
GBX 0.03
Trailing P/E Ratio
7,433.33
Forward P/E Ratio
18.28
P/E Growth
1.97
Net Income
£70.30 million
Net Margins
3.37%
Pretax Margin
N/A
Return on Equity
4.38%
Return on Assets
4.58%

Debt

Debt-to-Equity Ratio
90.12
Current Ratio
1.70
Quick Ratio
0.96

Sales & Book Value

Annual Sales
£2.08 billion
Price / Sales
2.20
Cash Flow
GBX 13.11 per share
Price / Cash Flow
17.01
Book Value
GBX 80 per share
Price / Book
2.79

Miscellaneous

Outstanding Shares
2,050,000,000
Free Float
N/A
Market Cap
£4.57 billion
Optionable
Not Optionable
Beta
0.63
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Key Executives

  • Mr. Karim Bitar (Age 58)
    CEO & Director
    Comp: $2.45M
  • Mr. Jonathan P. Mason (Age 59)
    Group CFO & Director
    Comp: $1.06M
  • Mr. John Haller
    Exec. VP and Chief Quality & Operations Officer
  • Dr. Divakar Ramakrishnan Ph.D.
    Exec. VP, Chief Technology Officer and Head of R&D
  • Ms. Kate Postans
    VP of Investor Relations & Corp. Communications
  • Ms. Evelyn Douglas J.D.
    Exec. VP, Chief of Corp. Strategy & Bus. Devel. and Gen. Counsel
  • Ms. Natalia Kozmina
    Exec. VP, Chief HR Officer & ESG Stewardship
  • Mr. Christian Hoengaard
    Sr. VP & GM - USA
  • Ms. Kjersti Grimsrud Biotechnology (Age 62)
    M.Sc., Pres & COO of Infusion Care
  • Mr. Supratim Bose (Age 71)
    Pres & COO of Global Emerging Markets

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













CTEC Stock - Frequently Asked Questions

Should I buy or sell ConvaTec Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ConvaTec Group in the last twelve months. There are currently 5 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 forecast for 2023?

5 brokers have issued 1 year price targets for ConvaTec Group's shares. Their CTEC share price forecasts range from GBX 280 to GBX 310. On average, they anticipate the company's share price to reach GBX 296 in the next twelve months. This suggests a possible upside of 32.7% 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 2023?

ConvaTec Group's stock was trading at GBX 232.60 at the beginning of 2023. Since then, CTEC stock has decreased by 4.1% and is now trading at GBX 223.
View the best growth stocks for 2023 here.

How were ConvaTec Group's earnings last quarter?

ConvaTec Group PLC (LON:CTEC) posted its quarterly earnings data 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 net margin of 3.37% and a trailing twelve-month return on equity of 4.38%.

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

ConvaTec Group announced a dividend on Wednesday, August 2nd. Stockholders of record on Thursday, August 17th will be paid 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 viewed 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 2.34%. 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).

What is ConvaTec Group's stock symbol?

ConvaTec Group trades on the London Stock Exchange (LON) under the ticker symbol "CTEC."

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.

What is ConvaTec Group's stock price today?

One share of CTEC stock can currently be purchased for approximately GBX 223.

How much money does ConvaTec Group make?

ConvaTec Group (LON:CTEC) has a market capitalization of £4.57 billion and generates £2.08 billion in revenue each year. The company earns £70.30 million in net income (profit) each year or GBX 0.03 on an earnings per share basis.

How many employees does ConvaTec Group have?

The company employs 10,000 workers across the globe.

How can I contact ConvaTec Group?

ConvaTec Group's mailing address is 3 Forbury Place Floor 7, 23 Forbury Road, ICKENHAM, RG1 3JH, United Kingdom. The official website for the company is www.convatecgroup.com. The company can be reached via phone at 44 11 8952 8100.

This page (LON:CTEC) was last updated on 9/22/2023 by MarketBeat.com Staff

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