Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Option Care Health Inc (NASDAQ: OPCH) closed the day trading at $22.72 down -4.14% from the previous closing price of $23.70. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 1.99 million shares were traded. OPCH stock price reached its highest trading level at $23.55 during the session, while it also had its lowest trading level at $22.68.
Ratios:
For a better understanding of OPCH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on Dec-06-24, initiated with a Neutral rating and assigned the stock a target price of $26.
On November 04, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $27.
Jefferies Downgraded its Buy to Hold on October 31, 2024, whereas the target price for the stock was revised from $38 to $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 08 ’24 when KRAEMER HARRY M JANSEN JR bought 43,000 shares for $22.54 per share. The transaction valued at 969,031 led to the insider holds 326,334 shares of the business.
Pate R Carter sold 1,465 shares of OPCH for $47,421 on Sep 03 ’24. The Director now owns 36,126 shares after completing the transaction at $32.37 per share. On Aug 22 ’24, another insider, SHAPIRO MICHAEL H., who serves as the Chief Financial Officer of the company, sold 23,217 shares for $30.95 each. As a result, the insider received 718,501 and left with 247,317 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPCH now has a Market Capitalization of 3866512128 and an Enterprise Value of 4597778944. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.02, and their Forward P/E ratio for the next fiscal year is 17.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 0.963 whereas that against EBITDA is 12.063.
Stock Price History:
Over the past 52 weeks, OPCH has reached a high of $34.62, while it has fallen to a 52-week low of $21.39. The 50-Day Moving Average of the stock is -13.82%, while the 200-Day Moving Average is calculated to be -23.09%.
Shares Statistics:
Over the past 3-months, OPCH traded about 2.00M shares per day on average, while over the past 10 days, OPCH traded about 2096730 shares per day. A total of 170.15M shares are outstanding, with a floating share count of 168.21M. Insiders hold about 1.16% of the company’s shares, while institutions hold 106.54% stake in the company. Shares short for OPCH as of 1731628800 were 3894642 with a Short Ratio of 1.95, compared to 1728950400 on 5868864. Therefore, it implies a Short% of Shares Outstanding of 3894642 and a Short% of Float of 3.0299999.
