The stock of Omega Healthcare Investors, Inc. (OHI) has gone up by 2.96% for the week, with a -1.33% drop in the past month and a 13.45% rise in the past quarter. The volatility ratio for the week is 1.27%, and the volatility levels for the past 30 days are 1.35% for OHI. The simple moving average for the past 20 days is 1.19% for OHI’s stock, with a 20.72% simple moving average for the past 200 days.
Is It Worth Investing in Omega Healthcare Investors, Inc. (NYSE: OHI) Right Now?
Omega Healthcare Investors, Inc. (NYSE: OHI) has a price-to-earnings ratio of 31.34x that is above its average ratio. Additionally, the 36-month beta value for OHI is 0.99. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
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The public float for OHI is 257.24M and currently, short sellers hold a 4.32% ratio of that float. The average trading volume of OHI on October 18, 2024 was 1.62M shares.
OHI) stock’s latest price update
Omega Healthcare Investors, Inc. (NYSE: OHI)’s stock price has dropped by -0.63 in relation to previous closing price of 41.00. Nevertheless, the company has seen a gain of 2.96% in its stock price over the last five trading days. zacks.com reported 2024-10-17 that Investors with an interest in REIT and Equity Trust – Other stocks have likely encountered both Pebblebrook Hotel (PEB) and Omega Healthcare Investors (OHI). But which of these two stocks is more attractive to value investors?
Analysts’ Opinion of OHI
Many brokerage firms have already submitted their reports for OHI stocks, with Mizuho repeating the rating for OHI by listing it as a “Neutral.” The predicted price for OHI in the upcoming period, according to Mizuho is $35 based on the research report published on July 25, 2024 of the current year 2024.
Citigroup, 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 $32. The rating they have provided for OHI stocks is “Buy” according to the report published on March 22nd, 2024.
Wells Fargo gave a rating of “Overweight” to OHI, setting the target price at $35 in the report published on February 26th of the current year.
OHI Trading at 2.88% 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 -1.90% of loss for the given period.
Volatility was left at 1.35%, however, over the last 30 days, the volatility rate increased by 1.27%, as shares surge +0.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.25% upper at present.
During the last 5 trading sessions, OHI rose by +2.96%, which changed the moving average for the period of 200-days by +32.06% in comparison to the 20-day moving average, which settled at $40.26. In addition, Omega Healthcare Investors, Inc. saw 32.88% 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 OHI starting from BOOTH DANIEL J, who sale 56,725 shares at the price of $40.25 back on Sep 27 ’24. After this action, BOOTH DANIEL J now owns 100,000 shares of Omega Healthcare Investors, Inc., valued at $2,283,181 using the latest closing price.
STEPHENSON ROBERT O, the CHIEF FINANCIAL OFFICER of Omega Healthcare Investors, Inc., sale 22,542 shares at $40.19 during a trade that took place back on Sep 27 ’24, which means that STEPHENSON ROBERT O is holding 183,076 shares at $905,963 based on the most recent closing price.
Stock Fundamentals for OHI
Current profitability levels for the company are sitting at:
- 0.74 for the present operating margin
- 0.8 for the gross margin
The net margin for Omega Healthcare Investors, Inc. stands at 0.33. The total capital return value is set at 0.09. Equity return is now at value 8.93, with 3.59 for asset returns.
Based on Omega Healthcare Investors, Inc. (OHI), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.27. The interest coverage ratio of the stock is 3.21.
Currently, EBITDA for the company is 828.95 million with net debt to EBITDA at 5.24. When we switch over and look at the enterprise to sales, we see a ratio of 15.4. The receivables turnover for the company is 4.08for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, Omega Healthcare Investors, Inc. (OHI) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
