Embecta (EMBC) News Today

$14.60
+0.42 (+2.96%)
(As of 05/14/2024 ET)
Morgan Stanley Trims Embecta (NASDAQ:EMBC) Target Price to $13.00
Embecta Corp. (EMBC) Q2 2024 Earnings Call Transcript
Embecta (NASDAQ:EMBC) Announces Quarterly Earnings Results, Beats Estimates By $0.24 EPS
Embecta (NASDAQ:EMBC - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.24. Embecta had a net margin of 4.93% and a negative return on equity of 18.66%. The business had revenue of $287.20 million during the quarter, compared to analysts' expectations of $264.70 million. During the same period last year, the business earned $0.75 earnings per share. The business's revenue for the quarter was up 3.6% on a year-over-year basis.
Embecta Corp. Announces Quarterly Dividend of $0.15 (NASDAQ:EMBC)
Embecta Corp. (NASDAQ:EMBC) announced a quarterly dividend on Thursday, May 9th. Shareholders of record on Tuesday, May 28th will be paid a dividend of 0.15 per share on Friday, June 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date of this dividend is Tuesday, May 28th.
Embecta (NASDAQ:EMBC) PT Lowered to $13.00 at Morgan Stanley
Morgan Stanley reduced their price objective on Embecta from $16.00 to $13.00 and set an "underweight" rating for the company in a research report on Friday.
Embecta (NASDAQ:EMBC) Updates FY 2024 Earnings Guidance
Embecta (NASDAQ:EMBC) updated its FY 2024 earnings guidance. The company provided EPS guidance of 2.200-2.300 for the period, compared to the consensus estimate of 2.100. The company also issued revenue guidance of $1.1 billionillion-$1.1 billionillion, compared to the consensus estimate of $1.1 billionillion.
Embecta (NASDAQ:EMBC) Shares Gap Up to $10.27
Embecta (NASDAQ:EMBC) Shares Gap Up to $10.27
embecta Announces Quarterly Cash Dividend
Embecta earnings preview: what Wall Street is expecting
embecta to Participate in Investor Events
Embecta (NASDAQ:EMBC) Stock Price Up 3.5%
Embecta (NASDAQ:EMBC) Trading Up 3.5%
River Road Asset Management LLC Increases Stake in Embecta Corp. (NASDAQ:EMBC)
River Road Asset Management LLC raised its holdings in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,310,749 shares of the company's stock after
Embecta (NASDAQ:EMBC) Reaches New 52-Week Low at $10.09
Embecta (NASDAQ:EMBC) Reaches New 12-Month Low at $10.09
Embecta (NASDAQ:EMBC) Reaches New 52-Week Low at $12.13
Embecta (NASDAQ:EMBC) Sets New 1-Year Low at $12.13
Embecta (NASDAQ:EMBC) Hits New 52-Week Low at $12.32
Embecta (NASDAQ:EMBC) Hits New 52-Week Low at $12.32
Embecta (NASDAQ:EMBC) Sets New 52-Week Low at $12.72
Embecta (NASDAQ:EMBC) Reaches New 12-Month Low at $12.72
Embecta Corp. (NASDAQ:EMBC) Short Interest Up 8.8% in February
Embecta Corp. (NASDAQ:EMBC - Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 29th, there was short interest totalling 3,100,000 shares, a growth of 8.8% from the February 14th total of 2,850,000 shares. Currently, 5.6% of the company's shares are sold short. Based on an average daily volume of 451,300 shares, the days-to-cover ratio is presently 6.9 days.
American Century Companies Inc. Cuts Holdings in Embecta Corp. (NASDAQ:EMBC)
American Century Companies Inc. decreased its position in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,434,611 shares
EMBC Apr 2024 10.000 put
EMBC Apr 2024 20.000 call
Krensavage Asset Management LLC Acquires 94,066 Shares of Embecta Corp. (NASDAQ:EMBC)
Krensavage Asset Management LLC boosted its holdings in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) by 8.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,164,876 shares of the company's s
Fmr LLC Trims Stock Holdings in Embecta Corp. (NASDAQ:EMBC)
Fmr LLC lowered its stake in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) by 28.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,345,595 shares of the company's stock after selling 945,339 shar
Connor Clark & Lunn Investment Management Ltd. Raises Stock Position in Embecta Corp. (NASDAQ:EMBC)
Connor Clark & Lunn Investment Management Ltd. raised its stake in Embecta Corp. (NASDAQ:EMBC - Free Report) by 641.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 193,873 shares of the company's stock after acquiring an additional 16
Charles Schwab Investment Management Inc. Boosts Holdings in Embecta Corp. (NASDAQ:EMBC)
Charles Schwab Investment Management Inc. grew its position in Embecta Corp. (NASDAQ:EMBC - Free Report) by 32.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 991,998 shares of the company's stock afte
River Road Asset Management LLC Makes New Investment in Embecta Corp. (NASDAQ:EMBC)
River Road Asset Management LLC bought a new position in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,613,475 shares of the company's stock, valued at approximately $39
New York State Common Retirement Fund Has $1.28 Million Stake in Embecta Corp. (NASDAQ:EMBC)
New York State Common Retirement Fund increased its position in shares of Embecta Corp. (NASDAQ:EMBC - Free Report) by 80.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,022 shares of the company's stock after purc
Embecta (NASDAQ:EMBC) Has Affirmed Its Dividend Of $0.15
Embecta (NASDAQ:EMBC) Trading Down 1.9%
Embecta (NASDAQ:EMBC) Trading Down 1.9%
Victory Capital Management Inc. Increases Stake in Embecta Corp. (NASDAQ:EMBC)
Victory Capital Management Inc. boosted its position in Embecta Corp. (NASDAQ:EMBC - Free Report) by 63.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,881 shares of the company's stock after b
Embecta Shareholders Approve Directors and Compensation Plans
Embecta Corp. Plans Quarterly Dividend of $0.15 (NASDAQ:EMBC)
Embecta Corp. (NASDAQ:EMBC) announced a quarterly dividend on Friday, February 9th. Stockholders of record on Wednesday, February 28th will be given a dividend of 0.15 per share on Friday, March 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Tuesday, February 27th.
Embecta (NASDAQ:EMBC) Sees Strong Trading Volume After Better-Than-Expected Earnings
Embecta (NASDAQ:EMBC) Sees Strong Trading Volume After Better-Than-Expected Earnings
Embecta (NASDAQ:EMBC) Issues FY 2024 Earnings Guidance
Embecta (NASDAQ:EMBC) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.950-2.150 for the period, compared to the consensus estimate of 2.000. The company also issued revenue guidance of $1.1 billionillion-$1.1 billionillion, compared to the consensus estimate of $1.1 billionillion.
Embecta (NASDAQ:EMBC) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS
Embecta (NASDAQ:EMBC - Get Free Report) released its earnings results on Friday. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.15. Embecta had a negative return on equity of 20.56% and a net margin of 6.28%. The company had revenue of $277.30 million during the quarter, compared to analyst estimates of $264.92 million. During the same quarter in the prior year, the company earned $0.93 earnings per share. The company's revenue for the quarter was up .6% on a year-over-year basis.
Embecta Shares Fall Despite Outlook Raise, Strong 1Q
Embecta Sinks As Outlook Comes In Below Consensus
Why Embecta Stock Is Tanking Today
Why Embecta Stock Is Tanking Today
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EMBC Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

EMBC
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EMBC News Coverage

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This page (NASDAQ:EMBC) was last updated on 5/15/2024 by MarketBeat.com Staff

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