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Solventum (SOLV) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

01 April 2024

Indexes:

Description:

SOLV (Solventum) is a company that specializes in providing innovative solvent solutions for various industries. They focus on developing eco-friendly products that enhance efficiency and reduce environmental impact, catering to clients in sectors like manufacturing, cleaning, and pharmaceuticals. Their goal is to promote sustainability and improve operational performance.

Key Details

Price

$72.08

Annual Revenue

$8.24 B(+1.37% YoY)

Annual EPS

$4.01(-48.50% YoY)

PE Ratio

195.76

Beta

0.54

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Nov '24 Morgan Stanley
Equal-Weight
08 Nov '24 Piper Sandler
Neutral
08 Oct '24 Stifel
Buy
07 Oct '24 Piper Sandler
Neutral
26 Sept '24 Wolfe Research
Peer Perform
05 Sept '24 BTIG
Neutral
12 Aug '24 Goldman Sachs
Sell
09 Aug '24 Wells Fargo
Equal-Weight
15 July '24 Morgan Stanley
Equal-Weight
10 July '24 Goldman Sachs
Sell

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Institutional Ownership

Solventum to Participate in the Piper Sandler Healthcare Conference
Solventum to Participate in the Piper Sandler Healthcare Conference
Solventum to Participate in the Piper Sandler Healthcare Conference
SOLV
prnewswire.com19 November 2024

ST. PAUL, Minn., Nov. 19, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) has announced that its leaders will take part in a fireside chat during the Piper Sandler 36th Annual Healthcare Conference on Wednesday, December 4, 2024, at 11:30 a.m.

SOLV Stock Falls Despite Launch of Clarity Precision Grip Attachments
SOLV Stock Falls Despite Launch of Clarity Precision Grip Attachments
SOLV Stock Falls Despite Launch of Clarity Precision Grip Attachments
SOLV
zacks.com15 November 2024

Solventum's Clarity precision grip attachments improve results for orthodontic patients by lowering the chances of incorrect or poorly shaped attachments.

Solventum Corporation (SOLV) Q3 2024 Earnings Call Transcript
Solventum Corporation (SOLV) Q3 2024 Earnings Call Transcript
Solventum Corporation (SOLV) Q3 2024 Earnings Call Transcript
SOLV
seekingalpha.com08 November 2024

Solventum Corporation (NYSE:SOLV) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 4:30 PM ET. The call will feature company representatives including Kevin Moran, Bryan Hanson, and Wayde McMillan, along with analysts from various financial institutions. The operator for the call is Amy, who will assist participants throughout the session.

SOLV Stock Gains as Q3 Earnings & Sales Beat Estimates, '24 View Up
SOLV Stock Gains as Q3 Earnings & Sales Beat Estimates, '24 View Up
SOLV Stock Gains as Q3 Earnings & Sales Beat Estimates, '24 View Up
SOLV
zacks.com08 November 2024

Solventum's revenue shows positive effects from adjusted pricing. The main reason for organic growth is the increasing demand for MedSurg products.

Solventum raises annual profit forecast on strong surgical product sales
Solventum raises annual profit forecast on strong surgical product sales
Solventum raises annual profit forecast on strong surgical product sales
SOLV
reuters.com07 November 2024

On Thursday, Solventum, a company that spun off from 3M, increased its yearly profit expectations due to anticipated high sales of its wound care and surgical sterilization items.

Solventum Q3 Earnings Likely to Reflect Declining Volume Trend
Solventum Q3 Earnings Likely to Reflect Declining Volume Trend
Solventum Q3 Earnings Likely to Reflect Declining Volume Trend
SOLV
zacks.com06 November 2024

SOLV's performance in the third quarter may have been negatively affected by slow revenue growth in various markets and challenges with currency exchange rates. However, better pricing strategies could have helped reduce the impact of falling sales.

Solventum Taps Bankers to Explore Sale of Filtration Unit
Solventum Taps Bankers to Explore Sale of Filtration Unit
Solventum Taps Bankers to Explore Sale of Filtration Unit
SOLV
wsj.com24 October 2024

The company is likely to attract interest from private equity firms and strategic buyers looking to acquire it.

Will Solventum (SOLV) Beat Estimates Again in Its Next Earnings Report?
Will Solventum (SOLV) Beat Estimates Again in Its Next Earnings Report?
Will Solventum (SOLV) Beat Estimates Again in Its Next Earnings Report?
SOLV
zacks.com15 October 2024

Solventum (SOLV) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Solventum to Report Third Quarter 2024 Financial Results and Host Conference Call on November 7, 2024
Solventum to Report Third Quarter 2024 Financial Results and Host Conference Call on November 7, 2024
Solventum to Report Third Quarter 2024 Financial Results and Host Conference Call on November 7, 2024
SOLV
prnewswire.com15 October 2024

ST. PAUL, Minn., Oct. 15, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) is set to announce its financial results for the third quarter of 2024 on Thursday, November 7, 2024, after the U.S. markets have closed.

Solventum Names Surgeon and Diagnostics Pioneer Dr. Ryan Egeland as Chief Medical Officer
Solventum Names Surgeon and Diagnostics Pioneer Dr. Ryan Egeland as Chief Medical Officer
Solventum Names Surgeon and Diagnostics Pioneer Dr. Ryan Egeland as Chief Medical Officer
SOLV
prnewswire.com10 October 2024

ST. PAUL, Minn., Oct. 10, 2024 /PRNewswire/ -- Solventum (NYSE: SOLV) has announced that Dr. Ryan Egeland, MD, will be taking on the role of chief medical officer.

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FAQ

  • What is the primary business of Solventum?
  • What is the ticker symbol for Solventum?
  • Does Solventum pay dividends?
  • What sector is Solventum in?
  • What industry is Solventum in?
  • What country is Solventum based in?
  • When did Solventum go public?
  • Is Solventum in the S&P 500?
  • Is Solventum in the NASDAQ 100?
  • Is Solventum in the Dow Jones?
  • When was Solventum's last earnings report?
  • When does Solventum report earnings?
  • Should I buy Solventum stock now?

What is the primary business of Solventum?

SOLV (Solventum) is a company that specializes in providing innovative solvent solutions for various industries. They focus on developing eco-friendly products that enhance efficiency and reduce environmental impact, catering to clients in sectors like manufacturing, cleaning, and pharmaceuticals. Their goal is to promote sustainability and improve operational performance.

What is the ticker symbol for Solventum?

The ticker symbol for Solventum is NYSE:SOLV

Does Solventum pay dividends?

No, Solventum does not pay dividends

What sector is Solventum in?

Solventum is in the Healthcare sector

What industry is Solventum in?

Solventum is in the Health Information Services industry

What country is Solventum based in?

Solventum is headquartered in United States

When did Solventum go public?

Solventum's initial public offering (IPO) was on 01 April 2024

Is Solventum in the S&P 500?

Yes, Solventum is included in the S&P 500 index

Is Solventum in the NASDAQ 100?

No, Solventum is not included in the NASDAQ 100 index

Is Solventum in the Dow Jones?

No, Solventum is not included in the Dow Jones index

When was Solventum's last earnings report?

Solventum's most recent earnings report was on 7 November 2024

When does Solventum report earnings?

The next expected earnings date for Solventum is 28 February 2025

Should I buy Solventum stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions