Omnicell Inc. (NASDAQ: OMCL) has seen a rise in its stock price by 2.43 in relation to its previous close of 54.23. However, the company has experienced a 3.50% gain in its stock price over the last five trading sessions. Business Wire reported 2023-08-23 that FORT WORTH, Texas–(BUSINESS WIRE)–Omnicell to Present at the 2023 Wells Fargo Healthcare Conference.
Is It Worth Investing in Omnicell Inc. (NASDAQ: OMCL) Right Now?
Additionally, the 36-month beta value for OMCL is 0.84. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
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The average price predicted by analysts for OMCL is $73.43, which is $16.45 above the current price. The public float for OMCL is 44.51M and currently, short sellers hold a 4.95% ratio of that float. The average trading volume of OMCL on September 18, 2023 was 452.74K shares.
OMCL’s Market Performance
The stock of Omnicell Inc. (OMCL) has seen a 3.50% increase in the past week, with a -12.44% drop in the past month, and a -23.19% fall in the past quarter. The volatility ratio for the week is 3.67%, and the volatility levels for the past 30 days are at 3.54% for OMCL. The simple moving average for the last 20 days is -2.15% for OMCL stock, with a simple moving average of -7.73% for the last 200 days.
Analysts’ Opinion of OMCL
Many brokerage firms have already submitted their reports for OMCL stocks, with Piper Sandler repeating the rating for OMCL by listing it as a “Neutral.” The predicted price for OMCL in the upcoming period, according to Piper Sandler is $70 based on the research report published on August 02, 2023 of the current year 2023.
OMCL Trading at -11.08% from the 50-Day Moving Average
After a stumble in the market that brought OMCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.51% of loss for the given period.
Volatility was left at 3.54%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares sank -9.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.93% lower at present.
During the last 5 trading sessions, OMCL rose by +3.50%, which changed the moving average for the period of 200-days by +14.23% in comparison to the 20-day moving average, which settled at $56.49. In addition, Omnicell Inc. saw 10.17% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OMCL starting from MELLON CHRISTINE MARIE, who sale 7,951 shares at the price of $73.14 back on Jun 09. After this action, MELLON CHRISTINE MARIE now owns 14,876 shares of Omnicell Inc., valued at $581,568 using the latest closing price.
LIPPS RANDALL A, the CHAIRMAN, PRESIDENT AND CEO of Omnicell Inc., purchase 4,000 shares at $73.76 during a trade that took place back on Jun 08, which means that LIPPS RANDALL A is holding 318,768 shares at $295,040 based on the most recent closing price.
Stock Fundamentals for OMCL
Current profitability levels for the company are sitting at:
- +1.58 for the present operating margin
- +46.07 for the gross margin
The net margin for Omnicell Inc. stands at +0.44. The total capital return value is set at 1.19, while invested capital returns managed to touch 0.39. Equity return is now at value -2.00, with -1.00 for asset returns.
Based on Omnicell Inc. (OMCL), the company’s capital structure generated 54.57 points at debt to equity in total, while total debt to capital is 35.31. Total debt to assets is 27.90, with long-term debt to equity ratio resting at 53.62. Finally, the long-term debt to capital ratio is 34.69.
When we switch over and look at the enterprise to sales, we see a ratio of 2.25, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 4.61 and the total asset turnover is 0.60. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.06.
Conclusion
In conclusion, Omnicell Inc. (OMCL) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
