With 2.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.11 million shares. The 52-week range on OPCH shows that it touched its highest point at $35.53 and its lowest point at $21.39 during that stretch. It currently has a 1-year price target of $38.56. Beta for the stock currently stands at 0.76.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OPCH was up-trending over the past week, with a rise of 3.50%, but this was up by 1.73% over a month. Three-month performance surged to 6.77% while six-month performance rose 38.70%. The stock gained 12.18% in the past year, while it has gained 44.14% so far this year. A look at the trailing 12-month EPS for OPCH yields 1.25 with Next year EPS estimates of 1.84. For the next quarter, that number is 0.38. This implies an EPS growth rate of 1.77% for this year and 14.69% for next year.
Float and Shares Shorts:
At present, 163.74 million OPCH shares are outstanding with a float of 161.54 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OPCH since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.40784 being high and $1.26813 being low. For OPCH, this leads to a yearly average estimate of $1.31112. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.42. The average estimate for the next quarter is thus $0.43.
