NASDAQ:OPCH

Option Care Health (OPCH) Stock Forecast, Price & News

$33.24

+0.89 (+2.75%)

(As of 04:30 PM ET)

Compare

Today's Range: $32.15
▼
$33.26
50-Day Range: $32.35
▼
$35.45
52-Week Range: $24.23
▼
$35.87

Volume: 1.87 million shs
Average Volume: 2.16 million shs
Market Capitalization: $5.98 billion

P/E Ratio: 25.37
Dividend Yield: N/A
Price Target: $36.75

Option Care Health MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 10.9% Upside
$36.75 Price Target
Short Interest: Healthy
2.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.76
Upright™ Environmental Score
News Sentiment: 1.61
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$2.04 M Bought Last Quarter
Proj. Earnings Growth: -13.38%
From $1.42 to $1.23 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Medical Sector

305th out of 969 stocks

Home Health Care Services Industry

4th out of 7 stocks

2.5

Analyst's Opinion

Consensus Rating
Option Care Health has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.75, Option Care Health has a forecasted upside of 10.9% from its current price of $33.14.
Amount of Analyst Coverage
Option Care Health has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.19% of the float of Option Care Health has been sold short.
Short Interest Ratio / Days to Cover
Option Care Health has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Option Care Health has recently increased by 10.11%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Option Care Health does not currently pay a dividend.
Dividend Growth
Option Care Health does not have a long track record of dividend growth.

3.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Option Care Health has received a 37.34% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Private home nursing care services for intravenous therapy " and "Private therapeutic intravenous therapy procedures " products. See details.
Environmental Sustainability
The Environmental Impact score for Option Care Health is -3.76.

3.7

News and Social Media Coverage

News Sentiment
Option Care Health has a news sentiment score of 1.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Option Care Health this week, compared to 3 articles on an average week.
Search Interest
7 people have searched for OPCH on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Option Care Health to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Option Care Health insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,041,654.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.38% of the stock of Option Care Health is held by insiders.
Percentage Held by Institutions
94.75% of the stock of Option Care Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Option Care Health are expected to decrease by -13.38% in the coming year, from $1.42 to $1.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Option Care Health is 25.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Option Care Health is 25.30, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 111.34.
Price to Earnings Growth Ratio
Option Care Health has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Option Care Health has a P/B Ratio of 4.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Option Care Health (NASDAQ:OPCH) Stock

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.

OPCH Price History

30 days | 90 days | 365 days | Advanced Chart

OPCH Stock News Headlines

October 2, 2023 | finance.yahoo.com

Option Care Health, Inc.'s (NASDAQ:OPCH) Intrinsic Value Is Potentially 43% Above Its Share Price

September 29, 2023 | finance.yahoo.com

2 Top Ranked Stocks with Sky High Earnings Growth Forecasts

October 2, 2023 | Legacy Research (Ad)

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September 27, 2023 | finance.yahoo.com

Option Care Health to Announce Third Quarter 2023 Financial Results and Host Conference Call

September 4, 2023 | finance.yahoo.com

Here's Why We Think Option Care Health (NASDAQ:OPCH) Is Well Worth Watching

August 31, 2023 | finance.yahoo.com

OPCH vs. CHE: Which Stock Is the Better Value Option?

August 31, 2023 | finance.yahoo.com

Should You Exit Option Care Health (OPCH)?

August 28, 2023 | finance.yahoo.com

Billionaire Stanley Druckenmiller Says Recession Is Still in the Cards, but Stays Heavily Invested in These 2 Stocks

October 2, 2023 | Legacy Research (Ad)

Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)

August 17, 2023 | finance.yahoo.com

Option Care Health Independent Non Executive Chairman of the Board Acquires 31% More Stock

August 14, 2023 | finance.yahoo.com

Stanley Druckenmiller's Q2 2023 13F Filing Update

August 10, 2023 | finance.yahoo.com

Why Option Care (OPCH) Might be Well Poised for a Surge

August 10, 2023 | finance.yahoo.com

Penn downgraded, Roblox upgraded: Wall Street's top analyst calls

August 4, 2023 | seekingalpha.com

Option Care Health Inc.: Terminated Merger Leaves Some Potential Still

August 2, 2023 | msn.com

Option Care Health Inc. - Registered Shares (OPCH) Price Target Increased by 14.33% to 42.33

August 2, 2023 | finance.yahoo.com

Time to Add These 5 Relative Price Strength Stocks

August 2, 2023 | finance.yahoo.com

Option Care Health's (NASDAQ:OPCH) investors will be pleased with their stellar 176% return over the last three years

July 28, 2023 | markets.businessinsider.com

Bank of America Securities Reaffirms Their Buy Rating on Option Care Health (OPCH)

July 27, 2023 | finance.yahoo.com

Option Care (OPCH) Q2 Earnings and Revenues Surpass Estimates

July 27, 2023 | msn.com

Option Care Health GAAP EPS of $0.63, revenue of $1.07B

July 27, 2023 | finance.yahoo.com

Option Care Health Announces Financial Results for the Second Quarter Ended June 30, 2023

July 26, 2023 | fool.com

Option Care Health (NASDAQ: OPCH)

July 25, 2023 | finance.yahoo.com

Baron Health Care Fund Sold Option Care Health (OPCH) After Acquisition Announcement

June 30, 2023 | finance.yahoo.com

Is Option Care Health, Inc.'s (NASDAQ:OPCH) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

June 27, 2023 | msn.com

Truist Securities Reiterates Option Care Health Inc. - Registered Shares (OPCH) Buy Recommendation

June 27, 2023 | finance.yahoo.com

Option Care (OPCH) Moves 5.2% Higher: Will This Strength Last?

June 26, 2023 | bizjournals.com

Amedisys dumps Option Care for UnitedHealth’s Optum

See More Headlines

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OPCH Company Calendar

Last Earnings: 7/27/2023
Today: 10/02/2023
Next Earnings (Confirmed): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Home health care services
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:OPCH
CUSIP: N/A
CIK: 1014739
Web: www.optioncarehealth.com
Phone: (312) 940-2443
Fax: 952-979-3969
Employees: 8,058
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $36.75
High Stock Price Forecast: $41.00
Low Stock Price Forecast: $32.50
Forecasted Upside/Downside: +13.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.31
Trailing P/E Ratio: 24.69
Forward P/E Ratio: 22.78
P/E Growth: 1.13
Net Income: $150.56 million
Net Margins: 5.81%
Pretax Margin: 7.90%
Return on Equity: 17.30%
Return on Assets: 7.60%

Debt

Debt-to-Equity Ratio: 0.72
Current Ratio: 1.79
Quick Ratio: 1.40

Sales & Book Value

Annual Sales: $3.94 billion
Price / Sales: 1.48
Cash Flow: $1.21 per share
Price / Cash Flow: 26.71
Book Value: $7.62 per share
Price / Book: 4.25

Miscellaneous

Outstanding Shares: 179,880,000
Free Float: 179,193,000
Market Cap: $5.82 billion
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. John C. Rademacher (Age 56)
CEO, Pres & Director
Comp: $2.5M

Mr. Michael H. Shapiro (Age 52)
CFO & Sr. VP
Comp: $1.29M

Mr. Collin G. Smyser (Age 44)
Gen. Counsel & Corp. Sec.
Comp: $920.32k

Mr. Richard P. Denness (Age 56)
Chief Commercial Officer
Comp: $867.24k

Mr. Luke Whitworth (Age 42)
Chief Operating Officer

Mr. Brett Michalak
Chief Information Officer

Ms. Caroline Budde
Sr. VP & Chief Compliance Officer

Mr. Michael Bavaro (Age 45)
Chief HR & Diversity Officer

Mr. Matthew Deans
Sr. VP of Bus. Devel.

Ms. Julie Koenig
Sr. VP of Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OPCH Stock - Frequently Asked Questions

Should I buy or sell Option Care Health stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Option Care Health in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OPCH shares.
View OPCH analyst ratings or view top-rated stocks.
What is Option Care Health's stock price forecast for 2023?: 2 Wall Street research analysts have issued 1 year price targets for Option Care Health's shares. Their OPCH share price forecasts range from $32.50 to $41.00. On average, they expect the company's stock price to reach $36.75 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for OPCH or view top-rated stocks among Wall Street analysts.
How have OPCH shares performed in 2023?: Option Care Health's stock was trading at $30.09 at the beginning of 2023. Since then, OPCH shares have increased by 7.5% and is now trading at $32.35.
View the best growth stocks for 2023 here.
When is Option Care Health's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our OPCH earnings forecast.
How can I listen to Option Care Health's earnings call?: Option Care Health will be holding an earnings conference call on Wednesday, October 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Option Care Health's earnings last quarter?: Option Care Health, Inc. (NASDAQ:OPCH) announced its earnings results on Thursday, July, 27th. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.41. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. Option Care Health had a net margin of 5.81% and a trailing twelve-month return on equity of 17.30%.
What ETFs hold Option Care Health's stock?: ETFs with the largest weight of Option Care Health (NASDAQ:OPCH) stock in their portfolio include Harbor Health Care ETF (MEDI), SPDR S&P Health Care Services ETF (XHS), Nuveen Small Cap Select ETF (NSCS), iShares U.S. Healthcare Providers ETF (IHF), Invesco S&P MidCap 400 Pure Growth ETF (RFG), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), First Trust Active Factor Small Cap ETF (AFSM) and iShares Russell 2000 Growth ETF (IWO).

What guidance has Option Care Health issued on next quarter's earnings?: Option Care Health issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.20 billion-$4.30 billion, compared to the consensus revenue estimate of $4.30 billion.
What other stocks do shareholders of Option Care Health own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Option Care Health investors own include Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), AT&T (T), QUALCOMM (QCOM), Alibaba Group (BABA), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), JPMorgan Chase & Co. (JPM) and Pfizer (PFE).
What is Option Care Health's stock symbol?: Option Care Health trades on the NASDAQ under the ticker symbol "OPCH."
How do I buy shares of Option Care Health?: Shares of OPCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Option Care Health's stock price today?: One share of OPCH stock can currently be purchased for approximately $32.35.
How much money does Option Care Health make?: Option Care Health (NASDAQ:OPCH) has a market capitalization of $5.82 billion and generates $3.94 billion in revenue each year. The company earns $150.56 million in net income (profit) each year or $1.31 on an earnings per share basis.
How many employees does Option Care Health have?: The company employs 8,058 workers across the globe.
How can I contact Option Care Health?: Option Care Health's mailing address is 3000 Lakeside Dr. Suite 300N, Bannockburn IL, 60015. The official website for the company is www.optioncarehealth.com. The company can be reached via phone at (312) 940-2443, via email at investor.relations@optioncare.com, or via fax at 952-979-3969.

This page (NASDAQ:OPCH) was last updated on 10/2/2023 by MarketBeat.com Staff

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