Omnicell, Inc. (OMCL) Stock Up 1.62%: Latest Performance Analysis

A share price of Omnicell, Inc. [OMCL] is currently trading at $40.85, up 1.62%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OMCL shares have gain 4.16% over the last week, with a monthly amount glided 52.60%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Omnicell, Inc. [NASDAQ: OMCL] stock has seen the most recent analyst activity on August 02, 2024, when Barclays upgraded its rating to a Equal Weight and also boosted its price target to $39 from $26. Previously, Barclays started tracking the stock with Underweight rating on January 03, 2024, and set its price target to $33. On November 03, 2023, upgrade upgraded it’s rating to Equal Weight and revised its price target to $28 on the stock. Piper Sandler upgraded its rating to a Overweight and decreased its price target to $39 on November 03, 2023. BTIG Research downgraded its rating to a Neutral. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on October 11, 2023. In a note dated September 26, 2023, Wells Fargo reiterated an Underweight rating on this stock and revised its target price from $56 to $39.

Omnicell, Inc. experienced fluctuations in its stock price throughout the past year between $25.12 and $66.65. Currently, Wall Street analysts expect the stock to reach $78.75 within the next 12 months. Omnicell, Inc. [NASDAQ: OMCL] shares were valued at $40.85 at the most recent close of the market. An investor can expect a potential return of 92.78% based on the average OMCL price forecast.

Analyzing the OMCL fundamentals

Trailing Twelve Months sales for Omnicell, Inc. [NASDAQ:OMCL] were 1.08B which represents -7.42% decline. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

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 39.89 points at the first support level, and at 38.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.47, and for the 2nd resistance point, it is at 42.08.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Omnicell, Inc. [NASDAQ:OMCL] is 2.45. Also, the Quick Ratio is 2.22, while the Cash Ratio stands at 1.42. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 1.56.

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