BAUSCH HEALTH COMPANIES INC.

(BHC)
  Report
Delayed Nyse  -  04:00 2022-08-09 pm EDT
5.180 USD   -11.30%
04:43pBAUSCH HEALTH COMPANIES INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
AQ
12:21pToronto Stocks Slide; Bausch Health Tumbles on Lower Performance Outlook for 2022
DJ
10:06aBAUSCH HEALTH : ANNOUNCES SECOND-QUARTER 2022 RESULTS - Form 8-K
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Toronto index rebounds on tech, healthcare boost

06/24/2022 | 10:10am EDT

June 24 (Reuters) - Canada's main stock index rose on Friday, aided by gains in technology and healthcare shares, while cybersecurity company Blackberry rose on the back of upbeat corporate earnings.

At 9:53 a.m. ET (13:53 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 224.83 points, or 1.2%, at 18,941.95, a day after it slipped to its lowest level in 15 months.

Toronto-listed technology stocks added 2.7% and healthcare shares jumped 5.2%, with pot producers Bausch Health Companies and Aurora Cannabis gaining the most on the index.

Stronger crude prices fueled a 2% rise in the energy sector as global supply remained tight.

"Canada had a terrible day yesterday and but today it does look like things are trying to bounce back into the weekend. We do have a 2% gain for the oil price, so that could help energy stocks a little bit," said Colin Cieszynski, chief market strategist at SIA Wealth Management.

The financials sector gained 1%, while the industrials sector rose 1.6%.

The benchmark index was set to end the week flat as gains in tech and healthcare stocks countered weakness in commodities, where prices came under pressure from concerns that aggressive rate hikes might trigger a global recession.

"There is a huge reversal going on right now, sectors such as tech that were really knocked down are bouncing back a little bit and the resource stocks which were the one area that had been good in the market this year are just getting clobbered," Cieszynski said.

Energy and mining stocks have declined 6% and 6.6% so far this week.

The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.2% as gold futures fell 0.5% to $1,815.8 an ounce.

BlackBerry Ltd rose 3.7% after trumping estimates for first-quarter revenue on Thursday, powered by growth in its auto products and cybersecurity services segments. (Reporting by Amal S in Bengaluru; Editing by Devika Syamnath)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AURORA CANNABIS INC. -9.43% 1.92 Delayed Quote.-69.05%
BAUSCH HEALTH COMPANIES INC. -11.30% 5.18 Delayed Quote.-79.75%
BLACKBERRY LIMITED -4.27% 8.51 Delayed Quote.-24.79%
LONDON BRENT OIL 0.27% 96.48 Delayed Quote.20.61%
WTI 0.07% 90.471 Delayed Quote.16.88%
All news about BAUSCH HEALTH COMPANIES INC.
04:43pBAUSCH HEALTH COMPANIES INC. Management's Discussion and Analysis of Financial Conditi..
AQ
12:21pToronto Stocks Slide; Bausch Health Tumbles on Lower Performance Outlook for 2022
DJ
10:06aBAUSCH HEALTH : ANNOUNCES SECOND-QUARTER 2022 RESULTS - Form 8-K
PU
09:40aBausch Health reports US$145 million loss in the second quarter, lowers guidance
AQ
09:06aBAUSCH HEALTH : Second Quarter Earnings Presentation
PU
08:00aTRANSCRIPT : Bausch Health Companies Inc., Q2 2022 Earnings Call, Aug 09, 2022
CI
07:36aBausch Health Posts Q2 Revenue US$1.967 Billion; Lowers 2022 Guidance
MT
07:29aBAUSCH : Q2 Earnings Snapshot
AQ
07:03aEarnings Flash (BHC.TO) BAUSCH HEALTH COMPANIES Posts Q2 Revenue US$1.967 Billion
MT
05:15aNORTH AMERICAN MORNING BRIEFING : Stocks to Struggle as Investors Look Ahead to Latest CPI..
DJ
More news
Analyst Recommendations on BAUSCH HEALTH COMPANIES INC.
More recommendations
Financials (USD)
Sales 2022 8 317 M - -
Net income 2022 31,2 M - -
Net Debt 2022 17 096 M - -
P/E ratio 2022 33,8x
Yield 2022 -
Capitalization 1 872 M 1 872 M -
EV / Sales 2022 2,28x
EV / Sales 2023 2,32x
Nbr of Employees 19 600
Free-Float 95,6%
Chart BAUSCH HEALTH COMPANIES INC.
Duration : Period :
Bausch Health Companies Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BAUSCH HEALTH COMPANIES INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Last Close Price 5,18 $
Average target price 14,40 $
Spread / Average Target 178%
EPS Revisions
Managers and Directors
Thomas J. Appio Chief Executive Officer & Director
John Alfred Paulson Chairman
Tage Ramakrishna Chief Medical Officer, President-R&D
Robert N. Power Independent Director
Thomas Warren Ross Lead Independent Director
Sector and Competitors
1st jan.Capi. (M$)
BAUSCH HEALTH COMPANIES INC.-79.75%2 111
JOHNSON & JOHNSON0.02%447 486
ELI LILLY AND COMPANY9.51%287 428
PFIZER, INC.-16.56%278 132
ROCHE HOLDING AG-16.68%273 741
ABBVIE INC.1.95%248 135