Orasure Technologies Inc. (OSUR) Stock Up 2.83%: Is It a Good Investment?

Orasure Technologies Inc. [OSUR] stock prices are up 2.83% to $6.18 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OSUR shares have gain 1.64% over the last week, with a monthly amount drifted -10.30%, and not seem to be holding up well over a long-time horizon.

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On 27, February 2024, OraSure Reports Q4 ‘23 Revenue of $75.9 Million. In a post published today on Yahoo Finance, Q4 GAAP EPS of $0.27; Q4 Non-GAAP EPS of $0.22.

From an analyst’s perspective:

Previously, Raymond James downgraded its rating to Mkt Perform on September 22, 2021. On August 21, 2020, Evercore ISI initiated with a Outperform rating and assigned a price target of $22 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $18 on August 10, 2020. Citigroup initiated its recommendation with a Buy and recommended $18 as its price target on August 10, 2020. Raymond James upgraded its rating to Outperform for this stock on August 07, 2020, but kept the price target unchanged to $16. In a note dated June 25, 2020, Lake Street initiated an Buy rating and provided a target price of $19 on this stock.

The stock price of Orasure Technologies Inc. [OSUR] has been fluctuating between $4.38 and $8.45 over the past year. Orasure Technologies Inc. [NASDAQ: OSUR] shares were valued at $6.18 at the most recent close of the market.

Analyzing the OSUR fundamentals

The Orasure Technologies Inc. [NASDAQ:OSUR] reported sales of 405.47M for trailing twelve months, representing a drop of -38.35%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.13 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.

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 6.02 points at the first support level, and at 5.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.27, and for the 2nd resistance point, it is at 6.35.

Orasure Technologies Inc. [OSUR] reported earnings per share of $0.27 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 $0.08/share, meaning a difference of $0.19 and a surprise factor of 237.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.15 per share as compared to estimates of $0.04 per share, a difference of $0.11 representing a surprise of 275.00%.

Ratios To Look Out For

It’s worth pointing out that Orasure Technologies Inc. [NASDAQ:OSUR]’s Current Ratio is 9.77. In addition, the Quick Ratio stands at 8.57 and the Cash Ratio stands at 7.35. Considering the valuation of this stock, the price to sales ratio is 1.12, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 8.58.

Transactions by insiders

Recent insider trading involved Weber Kathleen Gallagher, Chief Product Officer, that happened on Dec 19 ’23 when 24129.0 shares were sold. SVP Finance & CAO, Anthony Michele Marie completed a deal on Aug 15 ’23 to sell 1758.0 shares. Meanwhile, Chief Financial Officer McGrath Kenneth J bought 100000.0 shares on May 30 ’23.

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