Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Omnicell, Inc.’s stock clocked out at $30.25, up 0.97% from its previous closing price of $29.96. In other words, the price has increased by $0.97 from its previous closing price. On the day, 0.54 million shares were traded. OMCL stock price reached its highest trading level at $30.44 during the session, while it also had its lowest trading level at $29.84.
Ratios:
To gain a deeper understanding of OMCL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.80. 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.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 09 ’23 when MELLON CHRISTINE MARIE sold 7,951 shares for $73.14 per share. The transaction valued at 581,568 led to the insider holds 14,876 shares of the business.
LIPPS RANDALL A bought 4,000 shares of OMCL for $295,040 on Jun 08 ’23. The CHAIRMAN, PRESIDENT AND CEO now owns 318,768 shares after completing the transaction at $73.76 per share.
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 1389185920 and an Enterprise Value of 1492377600. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.353 whereas that against EBITDA is 52.889.
Stock Price History:
Over the past 52 weeks, OMCL has reached a high of $77.14, while it has fallen to a 52-week low of $25.69. The 50-Day Moving Average of the stock is 8.64%, while the 200-Day Moving Average is calculated to be -21.63%.
Shares Statistics:
It appears that OMCL traded 527.71K shares on average per day over the past three months and 509350 shares per day over the past ten days. A total of 45.54M shares are outstanding, with a floating share count of 44.87M. Insiders hold about 2.28% of the company’s shares, while institutions hold 97.73% stake in the company. Shares short for OMCL as of 1713139200 were 2374365 with a Short Ratio of 4.50, compared to 1710460800 on 2285758. Therefore, it implies a Short% of Shares Outstanding of 2374365 and a Short% of Float of 7.48.
