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The closing price of Option Care Health Inc. (NASDAQ: OPCH) was $30.59 for the day, up 0.59% from the previous closing price of $30.41. In other words, the price has increased by $0.59 from its previous closing price. On the day, 3.56 million shares were traded. OPCH stock price reached its highest trading level at $31.48 during the session, while it also had its lowest trading level at $29.37.
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 15.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 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.
On July 19, 2021, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $20 to $25.
On January 22, 2021, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $22.Deutsche Bank initiated its Buy rating on January 22, 2021, with a $22 target price.
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 5317031424 and an Enterprise Value of 6157226496. As of this moment, Option’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.68, and their Forward P/E ratio for the next fiscal year is 23.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. 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 3.76. Its current Enterprise Value per Revenue stands at 1.389 whereas that against EBITDA is 16.234.
Stock Price History:
Over the past 52 weeks, OPCH has reached a high of $35.74, while it has fallen to a 52-week low of $24.23. The 50-Day Moving Average of the stock is -4.96%, while the 200-Day Moving Average is calculated to be -5.01%.
Shares Statistics:
OPCH traded an average of 1.19M shares per day over the past three months and 1698830 shares per day over the past ten days. A total of 174.58M shares are outstanding, with a floating share count of 171.61M. Insiders hold about 1.09% of the company’s shares, while institutions hold 98.70% stake in the company. Shares short for OPCH as of 1711584000 were 4581344 with a Short Ratio of 3.86, compared to 1709164800 on 4272776. Therefore, it implies a Short% of Shares Outstanding of 4581344 and a Short% of Float of 3.46.
