Omega Healthcare Investors Inc. [OHI] Analysis: Why OHI Stock Is dripping down Today

In a recent bid Omega Healthcare Investors Inc. [OHI] faced a contemporary bid of $37.62 yielding a 5.33% incline where 1.34 million shares have exchanged hands over the last week. OHI amount got a fall by -0.37% or -$0.14 versus $37.76 at the end of the prior session. This change led market cap to move at 8.58B, putting the price 182.22% below the 52-week high and -16.81% above the 52-week low. The company’s stock has a normal trading capacity of 1.34 million shares while the relative volume is 1.67.

On 30, October 2020, Omega Healthcare Investors, Inc. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 30, 2020 / Omega Healthcare Investors, Inc. (NYSE:OHI) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 30, 2020 at 10:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Omega Healthcare Investors Inc. [NYSE:OHI] stock was on November 30, 2020, when it was Upgrade with a Buy rating from BofA Securities. Before that, on December 03, 2020, JMP Securities Recapitulated a Mkt outperform rating and elevated its amount target to $43. On September 02, 2020, Stifel Resumed a Buy rating and boosted its price target on this stock to $35. On August 03, 2020, Raymond James Downgrade an Outperform rating and increased its price target to $34. On June 08, 2020, JMP Securities Resumed a Mkt perform rating. On May 15, 2020, Raymond James Upgrade a Strong buy rating and boosted its amount target on this stock to $34. On May 05, 2020, CapitalOne Upgrade an Overweight rating and boosted its target amount on this stock to $33. On April 24, 2020, BofA/Merrill Downgrade an Underperform rating and amplified its amount target to $23.

In the past 52 weeks of trading, this stock has oscillated between a low of $13.33 and a peak of $45.22. Right now, according to Wall Street analyst the average 12-month amount target is $35.69. At the most recent market close, shares of Omega Healthcare Investors Inc. [NYSE:OHI] were valued at $37.62. According to the average price forecast, investors can expect a potential return of -2.86%.

FUNDAMENTAL ANALYSIS

Omega Healthcare Investors Inc. [NYSE:OHI] most recently reported quarterly sales of 113.98 billion, which represented growth of -48.90%. This publicly-traded organization’s revenue is $18,849,673 per employee, while its income is $6,961,694 per employee. This company’s Gross Margin is currently 98.60%, its Operating Margin is 41.60%, its Pretax Margin is +37.23, and its Net Margin is +36.93. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.71, 9.00, 3.88 and 3.95 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 55.48 and the whole liability to whole assets at 52.61. It shows enduring liability to the whole principal at 55.39 and enduring liability to assets at 0.53 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 37.40 points at 1st support level, the second support level is making up to 37.04. But as of 1st resistance point, this stock is sitting at 38.18 and at 38.60 for 2nd resistance point.

Omega Healthcare Investors Inc. [OHI] reported its earnings at -$0.4 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.38/share signifying the difference of -0.78 and -205.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.43 calling estimates for $0.39/share with the difference of 0.04 depicting the surprise of 10.30%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 10.18, it’s amount to book ratio is 2.32 and showing 56.61 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by WHITMAN BURKE W, Director, and it was the purchase of 500.0 shares on Dec 01. WHITMAN BURKE W, the Director, completed a purchase of 500.0 shares on Nov 02. On Oct 01, WHITMAN BURKE W, Director, completed a purchase of 500.0 shares.