Bausch Health: A Timely Divestiture Is The Key To An Higher Valuation [Seeking Alpha]
Bausch + Lomb Corporation (BLCO)
Company Research
Source: Seeking Alpha
The resolution to the leverage issues lies in divesting Bausch + Lomb Corp shares, which could bring in much-needed cash to reduce debt. The divestiture could result in an upside potential of around 40% for Bausch Health. Bausch Health ( NYSE: BHC ) is a high-quality pharmaceutical company that has shown great resiliency and ability to innovate. However, it is also loaded with an expensive and heavy debt load of more than $20 billion that is weighing on the equity valuation. The key to resolving the leverage issues remains the complete or substantial divestiture of the Bausch+Lomb Corp shares. This would bring much-needed cash to reduce debt and increase the chances for a stock valuation re-rate. We believe that after the divestiture, there is an upside potential of around 40%. A snapshot: leverage, cash flows, and products portfolio Bausch Health is a highly diversified business with 4+1 segments, if we include the Bausch+Lomb partnership. The four core divisions of the st
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BLCO
News
- Bausch + Lomb Announces Statistically Significant Results From a Clinical Study of a Novel Daily Nutritional Supplement for Dry Eyes [Yahoo! Finance]Yahoo! Finance
- Bausch + Lomb Announces Statistically Significant Results From a Clinical Study of a Novel Daily Nutritional Supplement for Dry EyesBusiness Wire
- Bausch + Lomb Co. (NYSE: BLCO) had its price target lowered by analysts at Royal Bank of Canada from $20.00 to $18.00. They now have an "outperform" rating on the stock.MarketBeat
- Nicox Provides First Quarter 2024 Update and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Bausch + Lomb Reports More Than 84 Million Units of Contact Lenses, Lens Care and Eye Care Materials Collected Through Innovative Recycling Programs [Yahoo! Finance]Yahoo! Finance
BLCO
Earnings
- 2/21/24 - Beat
BLCO
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/2/24 - Form 4
- BLCO's page on the SEC website