Omnicell, Inc. (OMCL) is destined for greater heights as its last quarter sales were 258,850 K

A new trading day began on Tuesday, with Omnicell, Inc. (NASDAQ: OMCL) stock price down -3.07% from the previous day of trading, before settling in for the closing price of $28.63. OMCL’s price has ranged from $25.69 to $77.14 over the past 52 weeks.

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A company in the Healthcare sector has jumped its sales by 8.65% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -44.10%. With a float of $44.86 million, this company’s outstanding shares have now reached $45.54 million.

In an organization with 3650 employees, it is important to assess its efficiency.

Omnicell, Inc. (OMCL) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Omnicell, Inc. is 2.30%, while institutional ownership is 99.04%. The most recent insider transaction that took place on Jun 09 ’23, was worth 581,568. In this transaction EVP, EXECUTIVE ADVISOR of this company sold 7,951 shares at a rate of $73.14, taking the stock ownership to the 14,876 shares. Before that another transaction happened on Jun 08 ’23, when Company’s CHAIRMAN, PRESIDENT AND CEO bought 4,000 for $73.76, making the entire transaction worth $295,040. This insider now owns 318,768 shares in total.

Omnicell, Inc. (OMCL) Performance Highlights and Predictions

In its latest quarterly report, released on 12/30/2023, the company reported earnings of $0.33 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -44.10% per share during the next fiscal year.

Omnicell, Inc. (NASDAQ: OMCL) Trading Performance Indicators

Here are Omnicell, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 9.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.45, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 1.44 in one year’s time.

Technical Analysis of Omnicell, Inc. (OMCL)

Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was inferior than the volume of 0.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.57%. Additionally, its Average True Range was 1.17.

During the past 100 days, Omnicell, Inc.’s (OMCL) raw stochastic average was set at 14.42%, which indicates a significant decrease from 31.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.84% in the past 14 days, which was lower than the 48.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.20, while its 200-day Moving Average is $44.12. However, in the short run, Omnicell, Inc.’s stock first resistance to watch stands at $28.23. Second resistance stands at $28.71. The third major resistance level sits at $29.30. If the price goes on to break the first support level at $27.16, it is likely to go to the next support level at $26.57. Assuming the price breaks the second support level, the third support level stands at $26.09.

Omnicell, Inc. (NASDAQ: OMCL) Key Stats

With a market capitalization of 1.27 billion, the company has a total of 45,915K Shares Outstanding. Currently, annual sales are 1,147 M while annual income is -20,370 K. The company’s previous quarter sales were 258,850 K while its latest quarter income was -14,380 K.