Market Update: Option Care Health Inc. (OPCH) Sees Negative Movement, Closing at 29.76

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In the latest session, Option Care Health Inc. (NASDAQ: OPCH) closed at $29.76 down -0.97% from its previous closing price of $30.05. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.91 million shares were traded. OPCH stock price reached its highest trading level at $30.55 during the session, while it also had its lowest trading level at $29.74.

Ratios:

For a deeper understanding of Option Care Health 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 13.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.10. 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:

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 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 5089674240 and an Enterprise Value of 5927717376. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.94, and their Forward P/E ratio for the next fiscal year is 21.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. 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 3.61. Its current Enterprise Value per Revenue stands at 1.291 whereas that against EBITDA is 15.702.

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 -4.08%, while the 200-Day Moving Average is calculated to be -3.31%.

Shares Statistics:

For the past three months, OPCH has traded an average of 1.40M shares per day and 1610570 over the past ten days. 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 100.79% stake in the company. Shares short for OPCH as of 1727654400 were 6154474 with a Short Ratio of 4.39, compared to 1724976000 on 5851205. Therefore, it implies a Short% of Shares Outstanding of 6154474 and a Short% of Float of 4.75.

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