Option Care Health, Inc. (NASDAQ:OPCH) Stock Has Average Price Target of $29.92 According to Analysts

Key Points

• Analysts maintain a moderately bullish view of Option Care Health, with seven buy ratings and seven hold ratings, producing an average recommendation of “Moderate Buy” and a 12-month price target of $29.92.
• In its latest quarter, the company posted adjusted EPS of $0.45, exceeding estimates by $0.02, while revenue rose 1.9% year over year to $1.44 billion.
• OPCH opened at $22.64, below the analyst target, and institutional investors own 98.05% of outstanding shares; the stock has traded between $18.01 and $36.80 over the past year.

Shares of Option Care Health, Inc. (NASDAQ:OPCH - Get Free Report) have earned an average recommendation of "Moderate Buy" from the fourteen analysts that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $29.92.

OPCH has been the topic of a number of recent research reports. UBS Group restated a "buy" rating on shares of Option Care Health in a research note on Tuesday, September 22nd. Zacks Research upgraded Option Care Health from a "strong sell" rating to a "hold" rating in a research report on Monday, July 6th. Wall Street Zen raised Option Care Health from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Weiss Ratings upgraded Option Care Health from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $24.00 price target (down from $26.00) on shares of Option Care Health in a research report on Thursday, July 30th.

Option Care Health Price Performance

OPCH stock opened at $22.64 on Monday. Option Care Health has a fifty-two week low of $18.01 and a fifty-two week high of $36.80. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.47 and a quick ratio of 0.98. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.30 and a beta of 0.58. The business's fifty day moving average price is $23.58 and its two-hundred day moving average price is $23.59.

Option Care Health (NASDAQ:OPCH - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.02. Option Care Health had a net margin of 3.68% and a return on equity of 18.74%. The company had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.42 billion. During the same quarter in the previous year, the business posted $0.41 earnings per share. Option Care Health's quarterly revenue was up 1.9% on a year-over-year basis. Option Care Health has set its FY 2026 guidance at 1.850-1.920 EPS. On average, equities analysts anticipate that Option Care Health will post 1.7 earnings per share for the current year.

Hedge Funds Weigh In On Option Care Health

Several hedge funds have recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Option Care Health in the 1st quarter valued at $70,287,000. Norges Bank bought a new stake in Option Care Health during the 4th quarter worth $61,787,000. Van Berkom & Associates Inc. acquired a new position in Option Care Health in the 1st quarter worth about $42,739,000. Bank of New York Mellon Corp bought a new position in Option Care Health in the second quarter valued at about $19,600,000. Finally, Southpoint Capital Advisors LP boosted its stake in shares of Option Care Health by 20.0% during the first quarter. Southpoint Capital Advisors LP now owns 3,600,000 shares of the company's stock valued at $96,912,000 after purchasing an additional 600,000 shares in the last quarter. 98.05% of the stock is owned by institutional investors.

Option Care Health Company Profile

Option Care Health, Inc NASDAQ: OPCH is a provider of home and alternate-site infusion services in the United States. The company works with patients, physicians, hospitals, health plans and pharmaceutical manufacturers to deliver and manage infusion therapy outside traditional hospital settings, including in patients' homes, ambulatory infusion suites and other community-based locations.

Its services include the provision and administration of specialty medications and other infusion therapies for conditions such as infections, immune disorders, chronic diseases and nutritional deficiencies.

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