Closing Bell Recap: Option Care Health Inc. (OPCH) Ends at 29.69, Reflecting a -5.30 Downturn

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

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

Option Care Health Inc. (NASDAQ: OPCH) closed the day trading at $29.69 down -5.30% from the previous closing price of $31.35. In other words, the price has decreased by -$5.30 from its previous closing price. On the day, 3.68 million shares were traded. OPCH stock price reached its highest trading level at $32.14 during the session, while it also had its lowest trading level at $29.09.

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 23.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.80.

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, JMP Securities on July 16, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $36.

Goldman Upgraded its Neutral to Buy on July 19, 2021, whereas the target price for the stock was revised from $20 to $25.

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 Feb 28 ’24 when Bavaro Michael sold 1,984 shares for $31.73 per share. The transaction valued at 62,944 led to the insider holds 43,428 shares of the business.

KRAEMER HARRY M JANSEN JR bought 35,000 shares of OPCH for $1,104,352 on Feb 26 ’24. The Director now owns 269,528 shares after completing the transaction at $31.55 per share. On Oct 30 ’23, another insider, Bierbower Elizabeth D, who serves as the Director of the company, bought 3,000 shares for $26.37 each. As a result, the insider paid 79,110 and bolstered with 13,515 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 5160596992 and an Enterprise Value of 6389903872. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.54, and their Forward P/E ratio for the next fiscal year is 21.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 1.442 whereas that against EBITDA is 16.847.

Stock Price History:

Over the past 52 weeks, OPCH has reached a high of $35.74, while it has fallen to a 52-week low of $26.11. The 50-Day Moving Average of the stock is 2.10%, while the 200-Day Moving Average is calculated to be -3.40%.

Shares Statistics:

Over the past 3-months, OPCH traded about 1.54M shares per day on average, while over the past 10 days, OPCH traded about 1615720 shares per day. A total of 174.58M shares are outstanding, with a floating share count of 172.30M. Insiders hold about 0.87% of the company’s shares, while institutions hold 97.72% stake in the company. Shares short for OPCH as of 1721001600 were 5776589 with a Short Ratio of 3.75, compared to 1718323200 on 6146792. Therefore, it implies a Short% of Shares Outstanding of 5776589 and a Short% of Float of 4.37.

Most Popular