LON:CTEC - ConvaTec Group Stock Price, News, & Analysis

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GBX 141.55 +0.20 (+0.14 %)
(As of 05/26/2019 04:00 PM ET)
Previous CloseGBX 141.55
Today's RangeGBX 140.65 - GBX 144.40
52-Week RangeGBX 113.25 - GBX 240.50
Volume8.89 million shs
Average Volume5.44 million shs
Market Capitalization£2.78 billion
P/E Ratio12.87
Dividend Yield3.11%
BetaN/A
ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. It offers advanced wound dressings and skin care products for the management of chronic wounds resulting from various conditions, such as diabetes, immobility, and venous disease, as well as for traumatic injury, burns, invasive surgery, and other causes. The company also provides devices, accessories, and services for people with an ostomy or stoma resulting from colorectal cancer, inflammatory bowel disease, bladder cancer, obesity, and other causes. In addition, it offers continence and critical care products, including intermittent urinary catheters; and products for people with urinary continence issues related to spinal cord injuries, multiple sclerosis, spina bifida, and urological disorders, as well as devices and products use in intensive care units and hospital settings. Further, the company provides advanced systems for managing acute fecal incontinence, as well as for monitoring urine production output and intra-abdominal pressure; and various disposable medical devices, such as wound drainage systems, urine collection bags and catheters, airway management and oxygen/aerosol therapy devices, suction handles and tubes, gastroenterology tubes, and securement devices. Additionally, it offers disposable infusion sets to the manufacturers of insulin pumps for diabetes, as well as similar pumps that are used in continuous infusion treatments for other conditions; and various products to hospitals and the home healthcare sector. 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 2008 and is headquartered in Reading, the United Kingdom.

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Industry, Sector and Symbol

Industry Medical Devices
Sub-IndustryN/A
SectorMedical
CUSIPN/A
CIKN/A
Phone44 11 8952 8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales£1.83 billion
Cash FlowGBX 16.09 per share
Book ValueGBX 82.40 per share

Profitability

Miscellaneous

Employees9,413
Outstanding Shares1,963,619,968
Market Cap£2.78 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableNot Optionable

ConvaTec Group (LON:CTEC) Frequently Asked Questions

What is ConvaTec Group's stock symbol?

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

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

ConvaTec Group announced a dividend on Thursday, February 14th. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 3.10 per share on Thursday, May 16th. This represents a dividend yield of 2.58%. The ex-dividend date is Thursday, April 4th. This is a positive change from ConvaTec Group's previous dividend of $1.31. The official announcement can be seen at this link. View ConvaTec Group's Dividend History.

When is ConvaTec Group's next earnings date?

ConvaTec Group is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for ConvaTec Group.

What price target have analysts set for CTEC?

10 Wall Street analysts have issued 12 month price targets for ConvaTec Group's stock. Their predictions range from GBX 113 to GBX 230. On average, they expect ConvaTec Group's share price to reach GBX 153.60 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for ConvaTec Group.

What is the consensus analysts' recommendation for ConvaTec Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConvaTec Group in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ConvaTec Group.

Has ConvaTec Group been receiving favorable news coverage?

News articles about CTEC stock have trended somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ConvaTec Group earned a news impact score of -1.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of ConvaTec Group's key competitors?

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), Andalas Energy and Power (ADL), Afren (AFR), Genel Energy (GENL), Premier Oil (PMO), Playtech (PTEC), Talktalk Telecom Group (TALK) and CBTX (CBTX).

Who are ConvaTec Group's key executives?

ConvaTec Group's management team includes the folowing people:
  • Mr. Rick D. Anderson, Interim CEO & Non-Exec. Director (Age 58)
  • Mr. Frank M. Schulkes, CFO & Director (Age 57)
  • Mr. John Crosse, VP of Investor Relations
  • Mr. Adam B. Deutsch, Exec. VP of Corp. Devel. & Gen. Counsel
  • Mr. Douglas Le Fort, Sr. VP of Corp. Devel. (Age 53)

How do I buy shares of ConvaTec Group?

Shares of CTEC 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.

What is ConvaTec Group's stock price today?

One share of CTEC stock can currently be purchased for approximately GBX 141.55.

How big of a company is ConvaTec Group?

ConvaTec Group has a market capitalization of £2.78 billion and generates £1.83 billion in revenue each year. ConvaTec Group employs 9,413 workers across the globe.

What is ConvaTec Group's official website?

The official website for ConvaTec Group is http://www.convatecgroup.com/.

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 company can be reached via phone at 44 11 8952 8100.


MarketBeat Community Rating for ConvaTec Group (LON CTEC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  260 (Vote Underperform)
Total Votes:  491
MarketBeat's community ratings are surveys of what our community members think about ConvaTec Group and other stocks. Vote "Outperform" if you believe CTEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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