Option Care Health Inc. (NASDAQ: OPCH) has seen a decline in its stock price by -1.00 in relation to its previous close of 34.84. However, the company has experienced a -0.23% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-18 that Option Care (OPCH) made it through our “Recent Price Strength” screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Is It Worth Investing in Option Care Health Inc. (NASDAQ: OPCH) Right Now?
The price-to-earnings ratio for Option Care Health Inc. (NASDAQ: OPCH) is above average at 26.17x, while the 36-month beta value is 1.19.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Option Care Health Inc. (OPCH) is $41.71, which is $7.22 above the current market price. The public float for OPCH is 179.16M, and currently, short sellers hold a 1.99% ratio of that floaft. The average trading volume of OPCH on September 19, 2023 was 2.17M shares.
OPCH’s Market Performance
OPCH’s stock has seen a -0.23% decrease for the week, with a 0.55% rise in the past month and a 12.38% gain in the past quarter. The volatility ratio for the week is 1.51%, and the volatility levels for the past 30 days are at 1.65% for Option Care Health Inc. The simple moving average for the past 20 days is -0.75% for OPCH’s stock, with a 11.08% simple moving average for the past 200 days.
Analysts’ Opinion of OPCH
Many brokerage firms have already submitted their reports for OPCH stocks, with Jefferies repeating the rating for OPCH by listing it as a “Buy.” The predicted price for OPCH in the upcoming period, according to Jefferies is $38 based on the research report published on February 27, 2023 of the current year 2023.
OPCH Trading at 1.87% from the 50-Day Moving Average
After a stumble in the market that brought OPCH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.85% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.51%, as shares sank -0.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.44% upper at present.
During the last 5 trading sessions, OPCH fell by -0.23%, which changed the moving average for the period of 200-days by +18.24% in comparison to the 20-day moving average, which settled at $34.74. In addition, Option Care Health Inc. saw 14.62% 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 OPCH starting from Pate R Carter, who purchase 1,465 shares at the price of $34.32 back on Aug 17. After this action, Pate R Carter now owns 106,112 shares of Option Care Health Inc., valued at $50,279 using the latest closing price.
Smyser Collin, the GC & Corporate Secretary of Option Care Health Inc., purchase 2,500 shares at $34.69 during a trade that took place back on Aug 14, which means that Smyser Collin is holding 2,500 shares at $86,725 based on the most recent closing price.
Stock Fundamentals for OPCH
Current profitability levels for the company are sitting at:
- +6.09 for the present operating margin
- +20.44 for the gross margin
The net margin for Option Care Health Inc. stands at +3.82. The total capital return value is set at 9.85, while invested capital returns managed to touch 6.24. Equity return is now at value 17.30, with 7.60 for asset returns.
Based on Option Care Health Inc. (OPCH), the company’s capital structure generated 83.33 points at debt to equity in total, while total debt to capital is 45.45. Total debt to assets is 35.73, with long-term debt to equity ratio resting at 81.50. Finally, the long-term debt to capital ratio is 44.45.
When we switch over and look at the enterprise to sales, we see a ratio of 1.72, with the company’s debt to enterprise value settled at 0.18. The receivables turnover for the company is 10.94 and the total asset turnover is 1.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
In a nutshell, Option Care Health Inc. (OPCH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
