Orasure Technologies Inc. (NASDAQ: OSUR) closed the day trading at $6.52 down -3.12% from the previous closing price of $6.73. In other words, the price has decreased by -$0.21 from its previous closing price. On the day, 619326 shares were traded.
Ratios:
For a better understanding of OSUR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.67. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 481.15M and an Enterprise Value of 204.25M. As of this moment, Orasure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 0.50 whereas that against EBITDA is 3.17.
Stock Price History:
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 7.31, while the 200-Day Moving Average is calculated to be 6.36.
Shares Statistics:
Over the past 3-months, OSUR traded about 919.86K shares per day on average, while over the past 10 days, OSUR traded about 1.6M shares per day. A total of 73.53M shares are outstanding, with a floating share count of 70.29M. Insiders hold about 4.75% of the company’s shares, while institutions hold 93.54% stake in the company. Shares short for OSUR as of Feb 29, 2024 were 4M with a Short Ratio of 4.35, compared to 3.76M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.44% and a Short% of Float of 6.79%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.02 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 analysts recommending between -$0.21 and -$0.27.
Revenue Estimates
5 analysts predict $52.12M in revenue for the current 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 $154.96M, an estimated decrease of -66.40% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $53.73M, a decrease of -37.10% over than the figure of -$66.40% in the same quarter last year. There is a high estimate of $56.77M for the next quarter, whereas the lowest estimate is $49.9M.
A total of 5 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 $190.76M. In the same quarter a year ago, actual revenue was $405.47M, down -53.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $164.22M in the next fiscal year. The high estimate is $184.51M and the low estimate is $150.8M. The average revenue growth estimate for next year is down -13.90% from the average revenue estimate for this year.
