Novartis: Better Margin Visibility Ex-Sandoz

Oct. 06, 2023 12:48 AM ETNovartis AG (NVS) StockNVS, NVSEF5 Comments
Mare Evidence Lab
5.67K Followers

Summary

  • Ex-Sandoz, Novartis confirmed its yearly guidance and capital allocation priority (DPS growth and buyback).
  • We believe NVS might experience a margin uplift following the spin-off. Sandoz started trading with a market cap of $11.2 billion.
  • The company has now completed its business transformation. We expect positive pipeline readouts; however, Novartis's valuation looks full.

Novartis campus with facade of office building.

Michael Derrer Fuchs

Today at the Lab, we decided to recap Novartis' latest and subsequent development (NYSE:NVS, OTCPK: NVSEF). As a reminder, on the 15th of September 2023, at the Extraordinary General Meeting, the company's shareholders approved the Sandoz spin-off. Our internal

This article was written by

5.67K Followers
Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as such. We take no responsibility for your investments but wish you best of luck.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About NVS Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on NVS

Related Stocks

SymbolLast Price% Chg
NVS
--