The stock of Option Care Health Inc (OPCH) has gone up by 2.37% for the week, with a -25.30% drop in the past month and a -25.45% drop in the past quarter. The volatility ratio for the week is 3.69%, and the volatility levels for the past 30 days are 3.48% for OPCH. The simple moving average for the past 20 days is -14.48% for OPCH’s stock, with a -24.59% simple moving average for the past 200 days.
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 19.13x, Company’s 36-month beta value is 1.33.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for OPCH is 168.28M, and currently, short sellers hold a 2.62% ratio of that floaft. The average trading volume of OPCH on November 13, 2024 was 1.70M shares.
OPCH) stock’s latest price update
Option Care Health Inc (NASDAQ: OPCH) has experienced a decline in its stock price by -0.04 compared to its previous closing price of 22.86. However, the company has seen a gain of 2.37% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-30 that Option Care Health, Inc. (NASDAQ:OPCH ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Nicole Maggio – Senior Vice President-Finance John Rademacher – President and Chief Executive Officer Mike Shapiro – Chief Financial Officer Conference Call Participants David MacDonald – Truist Constantine Davides – Citizens JMP Securities Lisa Gill – JPMorgan Matt Larew – William Blair Brian Tanquilut – Jefferies Jamie Perse – Goldman Sachs Pito Chickering – Deutsche Bank Joanna Gajuk – Bank of America Operator Good day and thank you for standing by. Welcome to the Option Care Health Third Quarter 2024 Earnings Conference Call.
Analysts’ Opinion of OPCH
Many brokerage firms have already submitted their reports for OPCH stocks, with Goldman repeating the rating for OPCH by listing it as a “Neutral.” The predicted price for OPCH in the upcoming period, according to Goldman is $27 based on the research report published on November 04, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see OPCH reach a price target of $26, previously predicting the price at $38. The rating they have provided for OPCH stocks is “Hold” according to the report published on October 31st, 2024.
BofA Securities gave a rating of “Neutral” to OPCH, setting the target price at $29 in the report published on October 30th of the current year.
OPCH Trading at -21.85% 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 -34.01% of loss for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.69%, as shares sank -25.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.41% lower at present.
During the last 5 trading sessions, OPCH rose by +2.37%, which changed the moving average for the period of 200-days by -27.78% in comparison to the 20-day moving average, which settled at $26.72. In addition, Option Care Health Inc saw -32.18% 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 Pate R Carter, who sale 1,465 shares at the price of $32.37 back on Sep 03 ’24. After this action, Pate R Carter now owns 36,126 shares of Option Care Health Inc, valued at $47,421 using the latest closing price.
SHAPIRO MICHAEL H., the Chief Financial Officer of Option Care Health Inc, sale 23,217 shares at $30.95 during a trade that took place back on Aug 22 ’24, which means that SHAPIRO MICHAEL H. is holding 247,317 shares at $718,501 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
- 0.2 for the gross margin
The net margin for Option Care Health Inc stands at 0.04. The total capital return value is set at 0.12. Equity return is now at value 14.57, with 6.26 for asset returns.
Based on Option Care Health Inc (OPCH), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 5.96.
Currently, EBITDA for the company is 376.8 million with net debt to EBITDA at 1.64. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 11.13for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.
Conclusion
In a nutshell, Option Care Health Inc (OPCH) has experienced a bad performance in recent times. The stock has received mixed “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.
