Lonza Group AG to Post FY2024 Earnings of $1.57 Per Share, William Blair Forecasts (OTCMKTS:LZAGY)

by · The Cerbat Gem

Lonza Group AG (OTCMKTS:LZAGY – Free Report) – Research analysts at William Blair upped their FY2024 earnings per share estimates for Lonza Group in a research report issued to clients and investors on Monday, October 7th. William Blair analyst M. Smock now anticipates that the company will post earnings per share of $1.57 for the year, up from their previous forecast of $1.54. The consensus estimate for Lonza Group’s current full-year earnings is $1.57 per share.

Separately, Berenberg Bank raised Lonza Group to a “strong-buy” rating in a research report on Sunday, June 23rd.

Read Our Latest Analysis on Lonza Group

Lonza Group Stock Up 0.4 %

OTCMKTS:LZAGY opened at $61.80 on Tuesday. Lonza Group has a 1 year low of $34.19 and a 1 year high of $67.00. The business has a 50 day simple moving average of $64.06 and a 200-day simple moving average of $59.51. The company has a quick ratio of 1.20, a current ratio of 1.77 and a debt-to-equity ratio of 0.27.

Lonza Group Company Profile

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Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and nutrition markets in Europe and internationally. It operates through Biologics, Small Molecules, Cell & Gene, and Capsules & Health Ingredients segments. The Biologics segment engages in the contract development and manufacturing of biopharmaceuticals for clinical and commercial manufacturing needs throughout the product lifecycle, including drug substance and drug product manufacturing.

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