The stock of Omnicell, Inc (NASDAQ: OMCL) has decreased by -7.90 when compared to last closing price of 46.05.Despite this, the company has seen a loss of -13.25% in its stock price over the last five trading days. businesswire.com reported 2024-11-18 that FORT WORTH, Texas–(BUSINESS WIRE)–Omnicell Announces Proposed Private Placement of $150 Million of Convertible Senior Notes.
Is It Worth Investing in Omnicell, Inc (NASDAQ: OMCL) Right Now?
OMCL has 36-month beta value of 0.79. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for OMCL is 45.20M, and currently, short sellers hold a 3.66% ratio of that float. The average trading volume of OMCL on November 20, 2024 was 500.32K shares.
OMCL’s Market Performance
OMCL stock saw an increase of -13.25% in the past week, with a monthly gain of 4.79% and a quarterly increase of -2.46%. The volatility ratio for the week is 3.54%, and the volatility levels for the last 30 days are 4.78% for Omnicell, Inc (OMCL). The simple moving average for the last 20 days is -8.72% for OMCL’s stock, with a simple moving average of 23.36% for the last 200 days.
Analysts’ Opinion of OMCL
Many brokerage firms have already submitted their reports for OMCL stocks, with BofA Securities repeating the rating for OMCL by listing it as a “Neutral.” The predicted price for OMCL in the upcoming period, according to BofA Securities is $57 based on the research report published on October 31, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see OMCL reach a price target of $39, previously predicting the price at $26. The rating they have provided for OMCL stocks is “Equal Weight” according to the report published on August 02nd, 2024.
Barclays gave a rating of “Underweight” to OMCL, setting the target price at $33 in the report published on January 03rd of the current year.
OMCL Trading at -4.08% from the 50-Day Moving Average
After a stumble in the market that brought OMCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.92% of loss for the given period.
Volatility was left at 4.78%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares surge +3.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.96% lower at present.
During the last 5 trading sessions, OMCL fell by -13.25%, which changed the moving average for the period of 200-days by +39.28% in comparison to the 20-day moving average, which settled at $46.46. In addition, Omnicell, Inc saw 12.70% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OMCL
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.41 for the gross margin
The net margin for Omnicell, Inc stands at -0.02. The total capital return value is set at -0.02. Equity return is now at value -1.46, with -0.78 for asset returns.
Based on Omnicell, Inc (OMCL), the company’s capital structure generated 0.32 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 0.46. The interest coverage ratio of the stock is -2.33.
Currently, EBITDA for the company is 60.69 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.89. The receivables turnover for the company is 4.23for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
To put it simply, Omnicell, Inc (OMCL) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
