In yesterday’s Wall Street session, Option Care Health Inc. (NASDAQ:OPCH) shares traded at $30.25, up 1.68% from the previous session.
As of this writing, 8 analysts cover Option Care Health Inc. (NASDAQ:OPCH). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $43.00 and a low of $35.00, we find $37.00. Given the previous closing price of $29.75, this indicates a potential upside of 24.37 percent. OPCH stock price is now -1.32% away from the 50-day moving average and -3.82% away from the 200-day moving average. The market capitalization of the company currently stands at $5.36B.
There are 0 analysts who have given it a hold rating, whereas 8 have given it a buy rating. Brokers who have rated the stock have averaged $38.43 as their price target over the next twelve months.
In other news, Bierbower Elizabeth D, Director bought 3,000 shares of the company’s stock on Oct 30. The stock was bought for $79,110 at an average price of $26.37. Upon completion of the transaction, the Director now directly owns 13,515 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 17, Director Pate R Carter bought 1,465 shares of the business’s stock. A total of $50,279 was incurred on buying the stock at an average price of $34.32. This leaves the insider owning 106,112 shares of the company worth $3.21 million. Insiders disposed of 15,496,021 shares of company stock worth roughly $468.75 million over the past 1 year. A total of 0.52% of the company’s stock is owned by insiders.
Friday morning saw Option Care Health Inc. (NASDAQ: OPCH) opened at $29.77. During the past 12 months, Option Care Health Inc. has had a low of $24.23 and a high of $35.74. As of last week, the company has a debt-to-equity ratio of 0.81, a current ratio of 1.79, and a quick ratio of 1.39. According to the stock market information, the enterprise value for the company is $6.14B, which is based on a 21.34 price-to-earnings ratio, a 1.03 price-to-earnings-growth ratio, and a beta of 1.15. The fifty day moving average price for OPCH is $30.60 and a two-hundred day moving average price translates $31.46 for the stock.
The latest earnings results from Option Care Health Inc. (NASDAQ: OPCH) was released for Sep, 2023. According to the Medical Care Facilities Company, earnings per share came in at $0.31, beating analysts’ expectations of $0.28 by 0.03. This compares to $0.21 EPS in the same period last year. The net profit margin was 6.12% and return on equity was 18.54% for OPCH. The company reported revenue of $1.09 billion for the quarter, compared to $1.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.06 percent. For the current quarter, analysts expect OPCH to generate $1.09B in revenue.
Option Care Health Inc.(OPCH) Company Profile
Option Care Health, Inc. offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including Crohn’s disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders. It also offers treatments to manage the progression of neurological disorders, such as multiple sclerosis, duchenne muscular dystrophy, and others; infusion therapies for bleeding disorders; therapies that women need to survive and thrive through high-risk pregnancies; and other infusion therapies to treat various conditions, including pain management, chemotherapy, and respiratory medications, as well as nursing services. Option Care Health, Inc. is headquartered in Bannockburn, Illinois.
