Embecta (EMBC) Stock Forecast, Price & News

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

3 equities research analysts have issued 1 year price objectives for Embecta's shares. Their EMBC share price forecasts range from $25.00 to $28.00. On average, they predict the company's stock price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for EMBC or view top-rated stocks among Wall Street analysts.

Embecta's stock was trading at $25.29 on January 1st, 2023. Since then, EMBC stock has increased by 6.4% and is now trading at $26.90.
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Embecta announced a quarterly dividend on Friday, May 12th. Shareholders of record on Monday, May 29th will be paid a dividend of $0.15 per share on Tuesday, June 13th. This represents a $0.60 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for EMBC.

ETFs with the largest weight of Embecta (NASDAQ:EMBC) stock in their portfolio include First Trust Small Cap US Equity Select ETF (RNSC), Invesco S&P Spin-Off ETF (CSD), Invesco S&P SmallCap Health Care ETF (PSCH), Pacer US Small Cap Cash Cows 100 ETF (CALF), SPDR S&P Health Care Equipment ETF (XHE), Royce Quant Small-Cap Quality Value ETF (SQLV), Adaptive Growth Opportunities ETF (AGOX) and Syntax Stratified SmallCap ETF (SSLY).

Embecta (NASDAQ:EMBC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.23%. The dividend payout ratio is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EMBC will have a dividend payout ratio of 25.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EMBC.

Embecta updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $2.50-$2.60 for the period, compared to the consensus earnings per share estimate of $2.09. The company issued revenue guidance of $1.10 billion-$1.11 billion, compared to the consensus revenue estimate of $1.10 billion.

Embecta trades on the NASDAQ under the ticker symbol "EMBC."

Embecta's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.67%), American Century Companies Inc. (8.08%), FMR LLC (7.88%), Yacktman Asset Management LP (4.53%), State Street Corp (3.96%) and Geode Capital Management LLC (1.96%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EMBC stock can currently be purchased for approximately $26.90.

Embecta (NASDAQ:EMBC) has a market capitalization of $1.54 billion and generates $1.13 billion in revenue each year. The company earns $223.60 million in net income (profit) each year or $1.62 on an earnings per share basis.

The company employs 2,029 workers across the globe.

The official website for the company is www.embecta.com. The company can be reached via phone at 201-847-6880 or via email at investor.relations@embecta.com.