In the latest trading session,, 1.65 million Option Care Health Inc (NASDAQ:OPCH) shares changed hands as the company’s beta touched 0.76. With the company’s most recent per share price at $30.22 changed hands at -$2.75 or -8.35% at last look, the market valuation stands at $4.96B. OPCH’s current price is a discount, trading about -17.57% off its 52-week high of $35.53. The share price had its 52-week low at $21.39, which suggests the last value was 29.22% up since then. When we look at Option Care Health Inc’s average trading volume, we note the 10-day average is 2.13 million shares, with the 3-month average coming to 1.87 million.
Analysts gave the Option Care Health Inc (OPCH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.64. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended OPCH as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Option Care Health Inc’s EPS for the current quarter is expected to be 0.39.
Option Care Health Inc (NASDAQ:OPCH) trade information
Instantly OPCH was in red as seen in intraday trades today. With action -4.19%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 30.25%, with the 5-day performance at -4.19% in the red. However, in the 30-day time frame, Option Care Health Inc (NASDAQ:OPCH) is -12.99% down. Looking at the short shares, we see there were 5.44 million shares sold at short interest cover period of 2.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is 29, meaning bulls need a downside of -4.21% from its recent market value. According to analyst projections, OPCH’s forecast low is 27 with 35 as the target high. To hit the forecast high, the stock’s price needs a -15.82% plunge from its current level, while the stock would need to tank 10.66% for it to hit the projected low.
Option Care Health Inc (OPCH) estimates and forecasts
Year-over-year growth is forecast to reach 8.65% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 1.34B. 9 analysts are of the opinion that Option Care Health Inc’s revenue for the current quarter will be 1.39B. The company’s revenue for the corresponding quarters a year ago was 1.23B and 1.28B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.79%. The estimates for the next quarter sales put growth at 8.34%.
The 2025 estimates are for Option Care Health Inc earnings to increase by 1.86%, but the outlook for the next 5-year period is at 8.81% per year.
OPCH Dividends
Option Care Health Inc is expected to release its next quarterly earnings report on 2025-Feb-25.
Option Care Health Inc (NASDAQ:OPCH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.64% of Option Care Health Inc shares while 102.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 102.67%. There are 102.01% institutions holding the Option Care Health Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 12.1442% of the shares, roughly 21.0 million OPCH shares worth $581.72 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.2773% or 19.5 million shares worth $540.19 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD SPECIALIZED FUNDS-Vanguard Health Care Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . With 6.15 shares estimated at $187.97 million under it, the former controlled 3.74% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 3.38% of the shares, roughly 5.56 shares worth around $169.93 million.
