OPKO Health, Inc, a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates BioReference Laboratories, a clinical laboratory that offers laboratory testing services. The Bio-Reference Laboratories also provides core genetic testing and leverage products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform.
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Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryBiotechnology
SectorMedical
Phone305-575-4100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$990.30 million
Profitability
Miscellaneous
Employees5,690
Next Earnings Date11/8/2019 (Estimated)
OptionableOptionable
Opko Health (NASDAQ:OPK) Frequently Asked Questions
What is Opko Health's stock symbol?
Opko Health trades on the NASDAQ under the ticker symbol "OPK."
How were Opko Health's earnings last quarter?
Opko Health Inc. (NASDAQ:OPK) released its earnings results on Wednesday, August, 7th. The biotechnology company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.01. The biotechnology company had revenue of $226.40 million for the quarter, compared to analyst estimates of $225.07 million. Opko Health had a negative return on equity of 12.17% and a negative net margin of 26.55%. Opko Health's revenue was down 14.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.01) earnings per share. View Opko Health's Earnings History.
When is Opko Health's next earnings date?
What price target have analysts set for OPK?
1 analysts have issued 1-year price targets for Opko Health's shares. Their predictions range from $4.00 to $4.00. On average, they anticipate Opko Health's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 95.1% from the stock's current price. View Analyst Price Targets for Opko Health.
What is the consensus analysts' recommendation for Opko Health?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Opko Health in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Opko Health.
What are Wall Street analysts saying about Opko Health stock?
Here are some recent quotes from research analysts about Opko Health stock:
- 1. According to Zacks Investment Research, "OPKO Health has gained significantly from RAYALDEE contribution in recent times. Further, OPKO Health’s utilization of the 4Kscore remains strong, with nearly 18,800 tests registered in the second quarter. These apart, the company’s clinical development programs look promising with a robust pipeline of candidates. Several metabolic and endocrinology programs that are underway should provide OPKO Health a competitive advantage. However, the company’s gross margin is under pressure at the moment. Moreover, the company faces cutthroat competition in the MedTech space. Sluggishness in the Services revenue segment remains a concern. OPKO Health underperformed its industry in a year’s time. With respect to quarterly results, OPKO Health exited the second quarter on a strong note." (9/16/2019)
- 2. Barrington Research analysts commented, "We continue to rate OPK shares an OUTPERFORM and our price target remains $4. That said, if the company were to receive a strong data readout from its Phase III trial for hGH‐CTP within the next few months, we suspect that shares would rally meaningfully from current levels and that investor sentiment could swing positive for the first time in over four years. We arrive at our price target via a DCF methodology. It is important to note that the company still has many “shots on goal” within its current commercial portfolio and product development pipeline." (9/12/2019)
Has Opko Health been receiving favorable news coverage?
Media stories about OPK stock have been trending negative on Friday, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Opko Health earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the biotechnology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Opko Health.
Who are some of Opko Health's key competitors?
Some companies that are related to Opko Health include Horizon Therapeutics (HZNP), Ascendis Pharma A/S (ASND), GW Pharmaceuticals PLC- (GWPH), Blueprint Medicines (BPMC), The Medicines (MDCO), United Therapeutics (UTHR), Allakos (ALLK), FibroGen (FGEN), Nektar Therapeutics (NKTR), Mirati Therapeutics (MRTX), Evotec (EVTCY), Alkermes (ALKS), Taro Pharmaceutical Industries (TARO), Global Blood Therapeutics (GBT) and BridgeBio Pharma (BBIO).
What other stocks do shareholders of Opko Health own?
Who are Opko Health's key executives?
Opko Health's management team includes the folowing people:
- Dr. Phillip Frost, Chairman & CEO (Age 83)
- Dr. Jane H. Hsiao M.B.A., Ph.D., MBA, Vice Chairman & CTO (Age 72)
- Mr. Adam E. Logal, Sr. VP, CFO, Chief Accounting Officer & Treasurer (Age 41)
- Mr. Steven D. Rubin, Exec. VP of Admin. & Director (Age 59)
- Ms. Kate Inman, Gen. Counsel & Sec. (Age 46)
Who are Opko Health's major shareholders?
Opko Health's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.12%), Vanguard Group Inc. (4.95%), Northern Trust Corp (0.68%), Charles Schwab Investment Management Inc. (0.39%), Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management (0.34%) and Panagora Asset Management Inc. (0.32%). Company insiders that own Opko Health stock include Adam Logal, Jane Ph D Hsiao, John A Paganelli, Opko Health, Inc, Phillip Md Et Al Frost, Richard C Pfenniger Jr, Robert Scott Fishel and Steven D Rubin. View Institutional Ownership Trends for Opko Health.
Which major investors are selling Opko Health stock?
OPK stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Invesco Ltd., Morgan Stanley, Canada Pension Plan Investment Board, Marshall Wace LLP, Bank of America Corp DE, Prudential Financial Inc. and D. E. Shaw & Co. Inc.. View Insider Buying and Selling for Opko Health.
Which major investors are buying Opko Health stock?
OPK stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Asymmetry Capital Management L.P., BlackRock Inc., Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Vanguard Group Inc., JPMorgan Chase & Co., Balyasny Asset Management LLC and Teton Advisors Inc.. Company insiders that have bought Opko Health stock in the last two years include Adam Logal, Jane Ph D Hsiao, John A Paganelli, Opko Health, Inc, Phillip Md Et Al Frost, Richard C Pfenniger Jr, Robert Scott Fishel and Steven D Rubin. View Insider Buying and Selling for Opko Health.
How do I buy shares of Opko Health?
Shares of OPK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Opko Health's stock price today?
One share of OPK stock can currently be purchased for approximately $2.05.
How big of a company is Opko Health?
Opko Health has a market capitalization of $1.26 billion and generates $990.30 million in revenue each year. The biotechnology company earns $-153,040,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. Opko Health employs 5,690 workers across the globe.View Additional Information About Opko Health.
What is Opko Health's official website?
How can I contact Opko Health?
Opko Health's mailing address is 4400 BISCAYNE BLVD., MIAMI FL, 33137. The biotechnology company can be reached via phone at 305-575-4100 or via email at [email protected]
MarketBeat Community Rating for Opko Health (NASDAQ OPK)
MarketBeat's community ratings are surveys of what our community members think about Opko Health and other stocks. Vote "Outperform" if you believe OPK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OPK will underperform the S&P 500 over the long term. You may vote once every thirty days.
