Opko Health Inc (NASDAQ: OPK) Recovered 32.0% From The 52-Week Low, And Now It’s -17.22% YTD – This Is What You Do Now

Opko Health Inc (NASDAQ:OPK)’s traded shares stood at 4.73 million during the last session, with the company’s beta value hitting 1.81. At the close of trading, the stock’s price was $1.25, to imply an increase of 3.31% or $0.04 in intraday trading. The OPK share’s 52-week high remains $2.24, putting it -79.2% down since that peak but still an impressive 32.0% since price per share fell to its 52-week low of $0.85. The company has a valuation of $871.24M, with an average of 9.52 million shares over the past 3 months.

Opko Health Inc (NASDAQ:OPK) trade information

After registering a 3.31% upside in the last session, Opko Health Inc (OPK) has traded red over the past five days. The stock hit a weekly high of 1.2900, jumping 3.31% in its intraday price action. The 5-day price performance for the stock is -1.57%, and 44.43% over 30 days. With these gigs, the year-to-date price performance is -17.22%.

Opko Health Inc (OPK) estimates and forecasts

Looking at statistics comparing Opko Health Inc share performance against respective industry, we note that the company has underperformed competitors. Opko Health Inc (OPK) shares are -5.30% down over the last 6 months, with its year-to-date growth rate lower than industry average at -32.00% against 14.50%. Revenue is forecast to shrink -350.00% this quarter before falling -200.00% for the next one. The rating firms project that company’s revenue will shrink -13.20% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is $182.99 million. Meanwhile, for the quarter ending Jun 2024, a total of 6 analyst(s) estimate revenue growth to $187.04 million.Earnings reports from the last fiscal year show that sales brought in $237.6 million and $201.97 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -23.00% before dropping -7.40% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 1.56% for the past 5-year period. While 2024 is set for a -46.95% return in earnings, projections for the next 5 years are at 12.00% annually.

OPK Dividends

Opko Health Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Opko Health Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.