In recent trading session, Opko Health Inc (NASDAQ:OPK) saw 0.75 million shares changing hands at last check today with its beta currently measuring 1.64. Company’s recent per share price level of $1.56 trading at -$0.04 or -2.50% at last check today assigns it a market valuation of $1.09B. That most recent trading price of OPK’s stock is at a discount of -13.46% from its 52-week high price of $1.77 and is indicating a premium of 45.51% from its 52-week low price of $0.85. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.01 million shares which gives us an average trading volume of 3.18 million if we extend that period to 3-months.
For Opko Health Inc (OPK), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.
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Opko Health Inc (NASDAQ:OPK) trade information
Upright in the red during last session for losing -2.50%, in the last five days OPK remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $1.56 price level, adding 10.09% to its value on the day. Opko Health Inc’s shares saw a change of 3.31% in year-to-date performance and have moved -1.89% in past 5-day. Opko Health Inc (NASDAQ:OPK) showed a performance of 21.88% in past 30-days. Number of shares sold short was 90.68 million shares which calculate 25.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 55.43% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -92.31% in reaching the projected high whereas dropping to the targeted low would mean a loss of -92.31% for stock’s current value.
Opko Health Inc (OPK) estimates and forecasts
Statistics highlight that Opko Health Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 63.99% of value to its shares in past 6 months, showing an annual growth rate of -16.00% while that of industry is 12.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -18.30% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 181.52M for the same. And 6 analysts are in estimates of company making revenue of 167.82M in the next quarter. Company posted 178.6M and 181.9M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.56% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -25.60% while estimates for its earnings growth in next 5 years are of 12.00%.
Opko Health Inc (NASDAQ:OPK)’s Major holders
Insiders are in possession of 53.23% of company’s total shares while institution are holding 27.11 percent of that, with stock having share float percentage of 57.97%. Investors also watch the number of corporate investors in a company very closely, which is 27.11% institutions for Opko Health Inc that are currently holding shares of the company. RUBRIC CAPITAL MANAGEMENT LP is the top institutional holder at OPK for having 44.42 million shares of worth $55.53 million. And as of 2024-06-30, it was holding 6.2843 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 29.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.1373 of outstanding shares, having a total worth of $36.56 million.
