How did Omega Healthcare Investors, Inc. (OHI) surprise investors with its report?

Omega Healthcare Investors, Inc. [OHI] stock is trading at $30.88, down -0.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OHI shares have gain 0.95% over the last week, with a monthly amount glided 0.23%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Omega Healthcare Investors, Inc. [NYSE: OHI] stock has seen the most recent analyst activity on February 26, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $35 from $31. Previously, Exane BNP Paribas upgraded its rating to Neutral on February 08, 2024, and kept the price target unchanged to $30. On January 30, 2024, Deutsche Bank initiated with a Buy rating and assigned a price target of $36 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $31 on January 16, 2024. Exane BNP Paribas downgraded its rating to a Underperform. Exane BNP Paribas started tracking with a Neutral rating for this stock on October 11, 2023, and assigned it a price target of $36. In a note dated October 10, 2023, BofA Securities upgraded an Buy rating on this stock but restated the target price of $36.

Omega Healthcare Investors, Inc. [OHI] stock has fluctuated between $25.61 and $34.77 over the past year. Currently, Wall Street analysts expect the stock to reach $35.6 within the next 12 months. Omega Healthcare Investors, Inc. [NYSE: OHI] shares were valued at $30.88 at the most recent close of the market. An investor can expect a potential return of 15.28% based on the average OHI price forecast.

Analyzing the OHI fundamentals

Omega Healthcare Investors, Inc. [NYSE:OHI] reported sales of 964.74M for the trailing twelve months, which represents a growth of 66.52%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.71%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.69 points at the first support level, and at 30.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.03, and for the 2nd resistance point, it is at 31.18.

Omega Healthcare Investors, Inc. [OHI] reported earnings per share of $0.22 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.35/share, meaning a difference of -$0.13 and a surprise factor of -37.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.37 per share as compared to estimates of $0.33 per share, a difference of $0.04 representing a surprise of 12.10%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 7.85, the price to book ratio is 2.12 and price to earnings (TTM) ratio is 31.38.

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