Market Insight: Orasure Technologies Inc. (OSUR)’s Notable Drop, Closing at 5.05

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

In the latest session, Orasure Technologies Inc. (NASDAQ: OSUR) closed at $5.05 down -4.99% from its previous closing price of $5.31. In other words, the price has decreased by -$4.99 from its previous closing price. On the day, 1.17 million shares were traded. OSUR stock price reached its highest trading level at $5.236 during the session, while it also had its lowest trading level at $4.78.


For a deeper understanding of Orasure Technologies 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 1.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.87. For the most recent quarter (mrq), Quick Ratio is recorded 8.57 and its Current Ratio is at 9.77. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

On August 21, 2020, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $22.Evercore ISI initiated its Outperform rating on August 21, 2020, with a $22 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 19 ’23 when Weber Kathleen Gallagher sold 24,129 shares for $8.05 per share. The transaction valued at 194,219 led to the insider holds 254,700 shares of the business.

Anthony Michele Marie sold 1,758 shares of OSUR for $11,427 on Aug 15 ’23. The SVP Finance & CAO now owns 86,188 shares after completing the transaction at $6.50 per share. On May 30 ’23, another insider, McGrath Kenneth J, who serves as the Chief Financial Officer of the company, bought 100,000 shares for $4.93 each. As a result, the insider paid 492,810 and bolstered with 285,512 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, OSUR now has a Market Capitalization of 385992960 and an Enterprise Value of 128886568. As of this moment, Orasure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.423 whereas that against EBITDA is 3.438.

Stock Price History:

The Beta on a monthly basis for OSUR is 0.17, which has changed by -0.28146142 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, OSUR has reached a high of $8.45, while it has fallen to a 52-week low of $4.38. The 50-Day Moving Average of the stock is -17.37%, while the 200-Day Moving Average is calculated to be -22.15%.

Shares Statistics:

For the past three months, OSUR has traded an average of 917.40K shares per day and 664960 over the past ten days. A total of 76.51M shares are outstanding, with a floating share count of 73.70M. Insiders hold about 3.67% of the company’s shares, while institutions hold 91.58% stake in the company. Shares short for OSUR as of 1713139200 were 3354832 with a Short Ratio of 3.66, compared to 1710460800 on 4179045. Therefore, it implies a Short% of Shares Outstanding of 3354832 and a Short% of Float of 5.47.

Earnings Estimates

Current recommendations for the stock of the company come from 4.0 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.06 and a low estimate of -$0.05, while EPS last year was $0.37. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.03 and -$0.21 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.24, with 2.0 analysts recommending between -$0.21 and -$0.27.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $52.1M this quarter.It ranges from a high estimate of $52.56M to a low estimate of $51.9M. As of the current estimate, Orasure Technologies Inc.’s year-ago sales were $154.96MFor the next quarter, 6 analysts are estimating revenue of $53.73M. There is a high estimate of $56.77M for the next quarter, whereas the lowest estimate is $49.9M.

A total of 6 analysts have provided revenue estimates for OSUR’s current fiscal year. The highest revenue estimate was $197.06M, while the lowest revenue estimate was $180.57M, resulting in an average revenue estimate of $190.8M. In the same quarter a year ago, actual revenue was $405.47MBased on 5 analysts’ estimates, the company’s revenue will be $164.77M in the next fiscal year. The high estimate is $184.51M and the low estimate is $150.8M.

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