The price-to-earnings ratio for Omega Healthcare Investors, Inc. (NYSE: OHI) is 31.29x, which is above its average ratio. Moreover, the 36-month beta value for OHI is 0.90. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for OHI is 244.58M and currently, short sellers hold a 5.49% of that float. On April 11, 2024, OHI’s average trading volume was 1.84M shares.
OHI) stock’s latest price update
Omega Healthcare Investors, Inc. (NYSE: OHI) has experienced a decline in its stock price by -3.33 compared to its previous closing price of 31.86. However, the company has seen a fall of -1.41% in its stock price over the last five trading days. 24/7 Wall Street reported 2024-04-05 that Sponsored: Find a Qualified Financial Advisor Finding a qualified financial advisor doesn’t have to be hard.
OHI’s Market Performance
Omega Healthcare Investors, Inc. (OHI) has experienced a -1.41% fall in stock performance for the past week, with a -0.39% drop in the past month, and a 2.29% rise in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are at 1.65% for OHI. The simple moving average for the past 20 days is -1.38% for OHI’s stock, with a -2.09% simple moving average for the past 200 days.
Analysts’ Opinion of OHI
Many brokerage firms have already submitted their reports for OHI stocks, with Citigroup repeating the rating for OHI by listing it as a “Buy.” The predicted price for OHI in the upcoming period, according to Citigroup is $35 based on the research report published on March 22, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see OHI reach a price target of $35, previously predicting the price at $31. The rating they have provided for OHI stocks is “Overweight” according to the report published on February 26th, 2024.
Exane BNP Paribas gave a rating of “Neutral” to OHI, setting the target price at $30 in the report published on February 08th of the current year.
OHI Trading at 0.27% from the 50-Day Moving Average
After a stumble in the market that brought OHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.42% of loss for the given period.
Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -0.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.12% upper at present.
During the last 5 trading sessions, OHI fell by -1.41%, which changed the moving average for the period of 200-days by +2.36% in comparison to the 20-day moving average, which settled at $31.22. In addition, Omega Healthcare Investors, Inc. saw 0.46% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OHI
Current profitability levels for the company are sitting at:
- 0.71 for the present operating margin
- 0.95 for the gross margin
The net margin for Omega Healthcare Investors, Inc. stands at 0.25. The total capital return value is set at 0.08. Equity return is now at value 6.74, with 2.61 for asset returns.
Based on Omega Healthcare Investors, Inc. (OHI), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.42. The interest coverage ratio of the stock is 2.89.
Currently, EBITDA for the company is 828.95 million with net debt to EBITDA at 5.5. When we switch over and look at the enterprise to sales, we see a ratio of 12.82. The receivables turnover for the company is 0.55for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To wrap up, the performance of Omega Healthcare Investors, Inc. (OHI) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
