Investor’s Delight: Omnicell, Inc. (OMCL) Closes Weak at 29.21, Down -0.61

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The closing price of Omnicell, Inc. (NASDAQ: OMCL) was $29.21 for the day, down -0.61% from the previous closing price of $29.39. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 0.53 million shares were traded. OMCL stock price reached its highest trading level at $30.1 during the session, while it also had its lowest trading level at $28.43.

Ratios:

Our analysis of OMCL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.51.

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, Barclays on January 03, 2024, initiated with a Underweight rating and assigned the stock a target price of $33.

On November 03, 2023, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also lowered its target price recommendation from $39 to $28.

Piper Sandler Upgraded its Neutral to Overweight on November 03, 2023, whereas the target price for the stock was revised from $70 to $39.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMCL now has a Market Capitalization of 1341425408 and an Enterprise Value of 1452883456. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 1.318 whereas that against EBITDA is 51.49.

Stock Price History:

Over the past 52 weeks, OMCL has reached a high of $66.65, while it has fallen to a 52-week low of $25.12. The 50-Day Moving Average of the stock is 1.61%, while the 200-Day Moving Average is calculated to be -5.99%.

Shares Statistics:

OMCL traded an average of 480.66K shares per day over the past three months and 389510 shares per day over the past ten days. A total of 45.54M shares are outstanding, with a floating share count of 44.82M. Insiders hold about 2.41% of the company’s shares, while institutions hold 101.35% stake in the company. Shares short for OMCL as of 1721001600 were 2087603 with a Short Ratio of 4.34, compared to 1718323200 on 1955754. Therefore, it implies a Short% of Shares Outstanding of 2087603 and a Short% of Float of 6.5799996.

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