On Monday, Option Care Health Inc. (NASDAQ: OPCH) was -3.57% drop from the session before settling in for the closing price of $31.64. A 52-week range for OPCH has been $26.11 – $34.62.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 17.51%. When this article was written, the company’s average yearly earnings per share was at -17.75%. With a float of $169.45 million, this company’s outstanding shares have now reached $174.58 million.
The extent of productivity of a business whose workforce counts for 5809 workers is very important to gauge. In terms of profitability, gross margin is 20.9%, operating margin of 6.87%, and the pretax margin is 6.06%.
Option Care Health Inc. (OPCH) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Option Care Health Inc. stocks. The insider ownership of Option Care Health Inc. is 0.92%, while institutional ownership is 101.20%. The most recent insider transaction that took place on Sep 03 ’24, was worth 47,421. In this transaction Director of this company sold 1,465 shares at a rate of $32.37, taking the stock ownership to the 36,126 shares. Before that another transaction happened on Aug 22 ’24, when Company’s Chief Financial Officer sold 23,217 for $30.95, making the entire transaction worth $718,501. This insider now owns 247,317 shares in total.
Option Care Health Inc. (OPCH) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.31 earnings per share (EPS) during the time that was better than consensus figure (set at 0.28) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.75% per share during the next fiscal year.
Option Care Health Inc. (NASDAQ: OPCH) Trading Performance Indicators
You can see what Option Care Health Inc. (OPCH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 26.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.40 in one year’s time.
Technical Analysis of Option Care Health Inc. (OPCH)
The latest stats from [Option Care Health Inc., OPCH] show that its last 5-days average volume of 1.61 million was superior to 1.41 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.17%. Additionally, its Average True Range was 0.96.
During the past 100 days, Option Care Health Inc.’s (OPCH) raw stochastic average was set at 63.40%, which indicates a significant decrease from 68.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.80% in the past 14 days, which was higher than the 29.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.06, while its 200-day Moving Average is $30.82. Now, the first resistance to watch is $31.24. This is followed by the second major resistance level at $31.96. The third major resistance level sits at $32.40. If the price goes on to break the first support level at $30.08, it is likely to go to the next support level at $29.64. Assuming the price breaks the second support level, the third support level stands at $28.92.
Option Care Health Inc. (NASDAQ: OPCH) Key Stats
There are 173,816K outstanding shares of the company, which has a market capitalization of 5.22 billion. As of now, sales total 4,302 M while income totals 267,090 K. Its latest quarter income was 1,227 M while its last quarter net income were 53,040 K.
