Closing Bell Recap: Option Care Health Inc. (OPCH) Ends at 29.89, Reflecting a -0.86 Downturn

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Option Care Health Inc. (NASDAQ: OPCH) closed the day trading at $29.89 down -0.86% from the previous closing price of $30.15. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 1.2 million shares were traded. OPCH stock price reached its highest trading level at $30.44 during the session, while it also had its lowest trading level at $29.79.

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 13.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.85.

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 Sep 03 ’24 when Pate R Carter sold 1,465 shares for $32.37 per share. The transaction valued at 47,421 led to the insider holds 36,126 shares of the business.

SHAPIRO MICHAEL H. sold 23,217 shares of OPCH for $718,501 on Aug 22 ’24. The Chief Financial Officer now owns 247,317 shares after completing the transaction at $30.95 per share. On Aug 21 ’24, another insider, BETTEN ELIZABETH QUADROS, who serves as the Director of the company, sold 47,531 shares for $31.09 each. As a result, the insider received 1,477,530 and left with 21,339 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 5156354048 and an Enterprise Value of 5949950464. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.05, and their Forward P/E ratio for the next fiscal year is 21.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 1.296 whereas that against EBITDA is 15.761.

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 $26.11. The 50-Day Moving Average of the stock is -4.37%, while the 200-Day Moving Average is calculated to be -3.76%.

Shares Statistics:

Over the past 3-months, OPCH traded about 1.47M shares per day on average, while over the past 10 days, OPCH traded about 1508680 shares per day. A total of 174.58M shares are outstanding, with a floating share count of 169.45M. Insiders hold about 0.92% of the company’s shares, while institutions hold 101.92% stake in the company. Shares short for OPCH as of 1726185600 were 6494615 with a Short Ratio of 4.42, compared to 1723680000 on 5880570. Therefore, it implies a Short% of Shares Outstanding of 6494615 and a Short% of Float of 5.0100001999999995.

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