Sweden-based Elekta AB (EKTAF) develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy.The company’s installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally.The company’s sales are evenly distributed across geographies, with North and South America accounting for 29%; Europe, the Middle East, and Africa accounting for 37%; and Asia-Pacific contributing the remainder.The company was incorporated in 1972 and is headquartered in Stockholm, Sweden.Three key data points gauge Elekta AB or any dividend-paying firm. The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.EKTAF PriceOver the past year, Elekta AB share price fell 0.09% from $7.63 to $7.56 as of Friday’s market close.If Elekta AB shares trade in the range of $6.50 to $8.50 this next year, its recent $7.56 share price might rise to $8.10 by next year. Of course, Elekta’s price could drop about the same $0.54 estimated amount, or more.My annual upside estimate of $0.54 however, is in line with past years’ upside momentum.EKTAF DividendElekta AB has paid variable dividends since September, 2014 and changed the mode to semi-annual in 2021. Elekta’s recent SA dividend of $0.12 was declared July 13th 2023 to shareholders of record February 26th 2024. The payout was made March 1st.A forward looking $0.23 annual dividend yields 3.04% at Friday’s $7.56 share price.EKTAF ReturnsTo put it all together, add Elekta AB’s estimated annual dividend of $0.23 to the estimated price upside of $0.54 to find a $0.77 gross gain.At Friday’s $7.56 share price, a little over $1000 would buy 132 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.075 per share.Subtracting that likely $0.075 brokerage cost from the $0.77 gross gain produces a net gain of $0.695 X 132 shares = $91.74 for a 9.18% estimated net gain.You might choose to pounce on Elekta AB. The estimated $30.40 annual dividend income from $1k invested is over 4 times greater than Elekta’s recent $7.56 single share price.The exact track of the Elekta AB ongoing future price and dividend will be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Telenor
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