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NASDAQ:OPRX

OptimizeRx (OPRX) Stock Price, News & Analysis

$13.08
+0.39 (+3.07%)
(As of 05/20/2024 ET)
Today's Range
$12.38
$13.33
50-Day Range
$8.80
$15.79
52-Week Range
$6.92
$16.65
Volume
249,875 shs
Average Volume
135,517 shs
Market Capitalization
$238.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.00

OptimizeRx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
22.3% Upside
$16.00 Price Target
Short Interest
Bearish
5.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.12mentions of OptimizeRx in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.49) to ($0.37) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.76 out of 5 stars

Computer And Technology Sector

467th out of 587 stocks

Business Services, Not Elsewhere Classified Industry

79th out of 90 stocks

OPRX stock logo

About OptimizeRx Stock (NASDAQ:OPRX)

OptimizeRx Corporation, a digital health technology company, enables care-focused engagement between life sciences organizations, healthcare providers, and patients at critical junctures throughout the patient care journey. It offers various tech-enabled marketing solutions through its Artificial Intelligence-generated Dynamic Audience and Activation Platform, which enables customers to execute traditional marketing campaigns on its proprietary digital point-of-care network, as well as dynamic marketing campaigns that optimize audiences in real time to increase the value of treatment information for healthcare professionals and patients in response to clinical care events. The company was founded in 2006 and is based in Waltham, Massachusetts.

OPRX Stock Price History

OPRX Stock News Headlines

OptimizeRx (NASDAQ:OPRX) Price Target Raised to $16.00
Stifel Nicolaus Reaffirms Their Buy Rating on OptimizeRx (OPRX)
OptimizeRx (OPRX) to Release Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/20/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:OPRX
Employees
135
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$20.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+22.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-17,570,000.00
Pretax Margin
-32.38%

Debt

Sales & Book Value

Annual Sales
$71.52 million
Book Value
$6.97 per share

Miscellaneous

Free Float
17,466,000
Market Cap
$238.97 million
Optionable
Optionable
Beta
1.05
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OPRX Stock Analysis - Frequently Asked Questions

Should I buy or sell OptimizeRx stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OptimizeRx in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OPRX shares.
View OPRX analyst ratings
or view top-rated stocks.

What is OptimizeRx's stock price target for 2024?

7 equities research analysts have issued 1 year price targets for OptimizeRx's stock. Their OPRX share price targets range from $13.00 to $20.00. On average, they anticipate the company's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for OPRX
or view top-rated stocks among Wall Street analysts.

How have OPRX shares performed in 2024?

OptimizeRx's stock was trading at $14.31 at the start of the year. Since then, OPRX stock has decreased by 8.6% and is now trading at $13.08.
View the best growth stocks for 2024 here
.

When is OptimizeRx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our OPRX earnings forecast
.

How were OptimizeRx's earnings last quarter?

OptimizeRx Co. (NASDAQ:OPRX) announced its quarterly earnings data on Tuesday, May, 14th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.16. The business had revenue of $19.69 million for the quarter, compared to the consensus estimate of $18.66 million. OptimizeRx had a negative net margin of 23.10% and a negative trailing twelve-month return on equity of 6.96%. During the same period in the previous year, the firm earned ($0.34) earnings per share.

What ETF holds OptimizeRx's stock?

Jacob Forward ETF holds 11,583 shares of OPRX stock, representing 4.35% of its portfolio.

What guidance has OptimizeRx issued on next quarter's earnings?

OptimizeRx updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $100.0 million-, compared to the consensus revenue estimate of $104.7 million.

What other stocks do shareholders of OptimizeRx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other OptimizeRx investors own include InterDigital (IDCC), Bank of Hawaii (BOH), NVIDIA (NVDA), STAG Industrial (STAG), Etsy (ETSY), Marvell Technology (MRVL), Trade Desk (TTD), Verizon Communications (VZ), Advanced Micro Devices (AMD) and Amgen (AMGN).

Who are OptimizeRx's major shareholders?

OptimizeRx's stock is owned by a number of retail and institutional investors. Top institutional shareholders include First Light Asset Management LLC (9.56%), Vanguard Group Inc. (5.65%), AWM Investment Company Inc. (4.69%), Blair William & Co. IL (4.30%), Rice Hall James & Associates LLC (2.21%) and Kennedy Capital Management LLC (1.76%). Insiders that own company stock include Douglas P Baker, Douglas P Baker, Edward Stelmakh, Ellen O'connor Vos, James Paul Lang, Marion Odence-Ford, Miriam J Paramore, Patrick D Spangler, Stephen L Silvestro, Stephen L Silvestro and William J Febbo.
View institutional ownership trends
.

How do I buy shares of OptimizeRx?

Shares of OPRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OPRX) was last updated on 5/20/2024 by MarketBeat.com Staff

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