Option Care Health Inc. (NASDAQ: OPCH)’s stock price has plunge by -0.58relation to previous closing price of 27.54. Nevertheless, the company has seen a -2.63% plunge in its stock price over the last five trading sessions. investorplace.com reported 2024-06-27 that The medical field is a non-negotiable aspect of society. Advanced healthcare is required to combat existing diseases and protect ourselves from new ones.
Is It Worth Investing in Option Care Health Inc. (NASDAQ: OPCH) Right Now?
Option Care Health Inc. (NASDAQ: OPCH) has a price-to-earnings ratio of 18.02x that is above its average ratio. Additionally, the 36-month beta value for OPCH is 1.24. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for OPCH is 172.30M and currently, short sellers hold a 3.57% ratio of that float. The average trading volume of OPCH on July 04, 2024 was 1.46M shares.
OPCH’s Market Performance
OPCH’s stock has seen a -2.63% decrease for the week, with a -8.34% drop in the past month and a -14.89% fall in the past quarter. The volatility ratio for the week is 2.75%, and the volatility levels for the past 30 days are at 2.56% for Option Care Health Inc. The simple moving average for the past 20 days is -3.44% for OPCH’s stock, with a -11.86% 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 previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see OPCH reach a price target of $25, previously predicting the price at $20. The rating they have provided for OPCH stocks is “Buy” according to the report published on July 19th, 2021.
Deutsche Bank gave a rating of “Buy” to OPCH, setting the target price at $22 in the report published on January 22nd of the previous year.
OPCH Trading at -6.30% 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 -23.39% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares sank -11.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.34% lower at present.
During the last 5 trading sessions, OPCH fell by -4.13%, which changed the moving average for the period of 200-days by -22.62% in comparison to the 20-day moving average, which settled at $28.19. In addition, Option Care Health Inc. saw -18.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OPCH starting from Bavaro Michael, who sale 1,984 shares at the price of $31.73 back on Feb 28 ’24. After this action, Bavaro Michael now owns 43,428 shares of Option Care Health Inc., valued at $62,944 using the latest closing price.
KRAEMER HARRY M JANSEN JR, the Director of Option Care Health Inc., purchase 35,000 shares at $31.55 during a trade that took place back on Feb 26 ’24, which means that KRAEMER HARRY M JANSEN JR is holding 269,528 shares at $1,104,352 based on the most recent closing price.
Stock Fundamentals for OPCH
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.22 for the gross margin
The net margin for Option Care Health Inc. stands at 0.06. The total capital return value is set at 0.12. Equity return is now at value 19.62, with 8.55 for asset returns.
Based on Option Care Health Inc. (OPCH), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 5.92.
Currently, EBITDA for the company is 376.8 million with net debt to EBITDA at 2.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.27. The receivables turnover for the company is 7.73for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.77.
Conclusion
In conclusion, Option Care Health Inc. (OPCH) has seen bad performance in recent times. Analysts have a mixed 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.
