The stock has a 36-month beta value of 1.99. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for OM is 52.88M, and at present, short sellers hold a 12.21% of that float. On January 31, 2025, the average trading volume of OM was 1.12M shares.
OM) stock’s latest price update
Outset Medical Inc (NASDAQ: OM) has experienced a decline in its stock price by -2.83 compared to its previous closing price of 0.81. However, the company has seen a fall of -7.21% in its stock price over the last five trading days. globenewswire.com reported 2025-01-06 that Secures New Debt Financing of up to $125M Maturing in 2030 with Plans to Retire $200M in Prior Debt
OM’s Market Performance
Outset Medical Inc (OM) has experienced a -7.21% fall in stock performance for the past week, with a -32.56% drop in the past month, and a 42.93% rise in the past quarter. The volatility ratio for the week is 6.68%, and the volatility levels for the past 30 days are at 14.80% for OM. The simple moving average for the last 20 days is -13.38% for OM’s stock, with a simple moving average of -58.51% for the last 200 days.
Analysts’ Opinion of OM
Many brokerage firms have already submitted their reports for OM stocks, with RBC Capital Mkts repeating the rating for OM by listing it as a “Sector Perform.” The predicted price for OM in the upcoming period, according to RBC Capital Mkts is $3 based on the research report published on August 08, 2024 of the previous year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see OM reach a price target of $6, previously predicting the price at $5. The rating they have provided for OM stocks is “Outperform” according to the report published on June 21st, 2024.
BTIG Research gave a rating of “Buy” to OM, setting the target price at $6 in the report published on April 08th of the previous year.
OM Trading at -20.62% from the 50-Day Moving Average
After a stumble in the market that brought OM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.89% of loss for the given period.
Volatility was left at 14.80%, however, over the last 30 days, the volatility rate increased by 6.68%, as shares sank -28.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.24% lower at present.
During the last 5 trading sessions, OM fell by -7.09%, which changed the moving average for the period of 200-days by -61.27% in comparison to the 20-day moving average, which settled at $0.9109. In addition, Outset Medical Inc saw -28.92% 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 OM starting from Trigg Leslie, who sale 65,236 shares at the price of $0.80 back on Jan 21 ’25. After this action, Trigg Leslie now owns 895,580 shares of Outset Medical Inc, valued at $52,189 using the latest closing price.
Nash Marc, the SVP Operations and R&D of Outset Medical Inc, sale 23,221 shares at $0.80 during a trade that took place back on Jan 21 ’25, which means that Nash Marc is holding 204,968 shares at $18,577 based on the most recent closing price.
Stock Fundamentals for OM
Current profitability levels for the company are sitting at:
- -1.12 for the present operating margin
- 0.31 for the gross margin
The net margin for Outset Medical Inc stands at -1.23. The total capital return value is set at -0.51. Equity return is now at value -141.02, with -46.94 for asset returns.
Based on Outset Medical Inc (OM), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at -0.61. The debt to equity ratio resting at 4.23. The interest coverage ratio of the stock is -6.0.
Currently, EBITDA for the company is -153.79 million with net debt to EBITDA at -1.47. When we switch over and look at the enterprise to sales, we see a ratio of 1.84. The receivables turnover for the company is 3.35for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.49.
Conclusion
To sum up, Outset Medical Inc (OM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
