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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Option Care Health in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OPCH shares.
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3 Wall Street analysts have issued 1-year price targets for Option Care Health's shares. Their OPCH share price forecasts range from $32.50 to $45.00. On average, they anticipate the company's stock price to reach $37.88 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price.
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Option Care Health's stock was trading at $30.09 at the beginning of the year. Since then, OPCH stock has decreased by 7.3% and is now trading at $27.88.
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Option Care Health saw a increase in short interest in May. As of May 15th, there was short interest totaling 8,250,000 shares, an increase of 78.6% from the April 30th total of 4,620,000 shares. Based on an average daily volume of 2,470,000 shares, the short-interest ratio is currently 3.3 days. Approximately 4.9% of the company's shares are short sold.
View Option Care Health's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our OPCH earnings forecast.

Option Care Health, Inc. (NASDAQ:OPCH) announced its earnings results on Wednesday, May, 3rd. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $996.05 million. Option Care Health had a net margin of 3.94% and a trailing twelve-month return on equity of 11.90%.

ETFs with the largest weight of Option Care Health (NASDAQ:OPCH) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS), Nuveen Small Cap Select ETF (NSCS), Harbor Health Care ETF (MEDI), iShares U.S. Healthcare Providers ETF (IHF), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Invesco S&P MidCap Momentum ETF (XMMO), First Trust Active Factor Small Cap ETF (AFSM) and iShares S&P Mid-Cap 400 Growth ETF (IJK).

Option Care Health updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.15 billion-$4.38 billion, compared to the consensus revenue estimate of $4.28 billion.

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).

Option Care Health trades on the NASDAQ under the ticker symbol "OPCH."

Option Care Health's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.93%), FMR LLC (6.99%), State Street Corp (3.03%), Geode Capital Management LLC (1.82%), Dimensional Fund Advisors LP (1.43%) and Price T Rowe Associates Inc. MD (1.33%). Insiders that own company stock include Elizabeth Quadros Betten, Harriet Booker, Harry M Jansen Kraemer Jr, John Charles Rademacher, Madison Dearborn Partners Llc, Michael Bavaro, Michael H Shapiro, R Carter Pate, Timothy P Sullivan and Walgreens Boots Alliance, Inc.
View institutional ownership trends.

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.
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One share of OPCH stock can currently be purchased for approximately $27.88.

Option Care Health (NASDAQ:OPCH) has a market capitalization of $5.01 billion and generates $3.94 billion in revenue each year. The company earns $150.56 million in net income (profit) each year or $0.87 on an earnings per share basis.

The company employs 8,058 workers across the globe.

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.