Market Insight: Omnicell, Inc. (OMCL)’s Notable Drop, Closing at 42.78

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In the latest session, Omnicell, Inc. (NASDAQ: OMCL) closed at $42.78 down -4.76% from its previous closing price of $44.92. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 0.56 million shares were traded. OMCL stock price reached its highest trading level at $45.03 during the session, while it also had its lowest trading level at $42.69.

Ratios:

For a deeper understanding of Omnicell, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.86. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.50.

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 the company, Barclays on August 02, 2024, Upgraded its rating to Equal Weight and sets its target price to $39 from $26 previously.

On January 03, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $33.

Wells Fargo Upgraded its Underweight to Equal Weight on November 03, 2023, whereas the target price for the stock was revised from $39 to $28.

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 1967614720 and an Enterprise Value of 2026254592. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 1.875 whereas that against EBITDA is 89.148.

Stock Price History:

Over the past 52 weeks, OMCL has reached a high of $56.05, while it has fallen to a 52-week low of $25.12. The 50-Day Moving Average of the stock is 13.17%, while the 200-Day Moving Average is calculated to be 32.30%.

Shares Statistics:

For the past three months, OMCL has traded an average of 551.44K shares per day and 492770 over the past ten days. A total of 45.54M shares are outstanding, with a floating share count of 44.87M. Insiders hold about 2.44% of the company’s shares, while institutions hold 101.97% stake in the company. Shares short for OMCL as of 1724976000 were 2255435 with a Short Ratio of 4.09, compared to 1722384000 on 2123480. Therefore, it implies a Short% of Shares Outstanding of 2255435 and a Short% of Float of 7.090000000000001.

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