Option Care Health Inc.’s Market Journey: Closing Strong at 31.37, Up 0.74

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The closing price of Option Care Health Inc. (NASDAQ: OPCH) was $31.37 for the day, up 0.74% from the previous closing price of $31.14. In other words, the price has increased by $0.74 from its previous closing price. On the day, 1.03 million shares were traded. OPCH stock price reached its highest trading level at $31.55 during the session, while it also had its lowest trading level at $31.0.

Ratios:

Our analysis of OPCH’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 24.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.77. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.80.

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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’24 when Bavaro Michael sold 1,984 shares for $31.73 per share. The transaction valued at 62,944 led to the insider holds 43,428 shares of the business.

KRAEMER HARRY M JANSEN JR bought 35,000 shares of OPCH for $1,104,352 on Feb 26 ’24. The Director now owns 269,528 shares after completing the transaction at $31.55 per share. On Oct 30 ’23, another insider, Bierbower Elizabeth D, who serves as the Director of the company, bought 3,000 shares for $26.37 each. As a result, the insider paid 79,110 and bolstered with 13,515 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 5452608000 and an Enterprise Value of 6393380352. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.64, and their Forward P/E ratio for the next fiscal year is 22.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 1.442 whereas that against EBITDA is 16.857.

Stock Price History:

The Beta on a monthly basis for OPCH is 1.25, which has changed by -0.03298396 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, OPCH has reached a high of $35.74, while it has fallen to a 52-week low of $26.11. The 50-Day Moving Average of the stock is 8.36%, while the 200-Day Moving Average is calculated to be 1.95%.

Shares Statistics:

OPCH traded an average of 1.61M shares per day over the past three months and 1941230 shares per day over the past ten days. A total of 174.58M shares are outstanding, with a floating share count of 172.30M. Insiders hold about 0.87% of the company’s shares, while institutions hold 97.53% stake in the company. Shares short for OPCH as of 1719532800 were 6237403 with a Short Ratio of 3.86, compared to 1717113600 on 7233591. Therefore, it implies a Short% of Shares Outstanding of 6237403 and a Short% of Float of 4.71.

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