Omega Healthcare Investors, Inc. (OHI) shares projected to rise by -10.41%

Omega Healthcare Investors, Inc. [OHI] stock prices are down -0.63% to $40.74 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OHI shares have gain 2.96% over the last week, with a monthly amount drifted -1.33%, and not 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 July 25, 2024, when Mizuho downgraded its rating to a Neutral and also boosted its price target to $35 from $34. Previously, Citigroup upgraded its rating to Buy on March 22, 2024, and elevated its price target to $35. On February 26, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $35 on the stock. Exane BNP Paribas upgraded its rating to a Neutral but stick to its price target of $30 on February 08, 2024. Deutsche Bank initiated its recommendation with a Buy and recommended $36 as its price target on January 30, 2024. BofA Securities downgraded its rating to Neutral for this stock on January 16, 2024, and downed its price target to $31. In a note dated November 06, 2023, Exane BNP Paribas downgraded an Underperform rating on this stock.

The stock price of Omega Healthcare Investors, Inc. [OHI] has been fluctuating between $27.53 and $41.53 over the past year. Currently, Wall Street analysts expect the stock to reach $36.5 within the next 12 months. Omega Healthcare Investors, Inc. [NYSE: OHI] shares were valued at $40.74 at the most recent close of the market. An investor can expect a potential drop of -10.41% based on the average OHI price forecast.

Analyzing the OHI fundamentals

The Omega Healthcare Investors, Inc. [NYSE:OHI] reported sales of 994.55M for trailing twelve months, representing a surge of 2.56%. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.74%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.27.

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 40.58 points at the first support level, and at 40.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.92, and for the 2nd resistance point, it is at 41.11.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 10.56, the price to book ratio is 2.79 and price to earnings (TTM) ratio is 31.34.

Transactions by insiders

Recent insider trading involved BOOTH DANIEL J, CHIEF OPERATING OFFICER, that happened on Sep 27 ’24 when 56725.0 shares were sold. CHIEF FINANCIAL OFFICER, STEPHENSON ROBERT O completed a deal on Sep 27 ’24 to sell 22542.0 shares. Meanwhile, Officer BOOTH DANIEL J bought 56725.0 shares on Sep 27 ’24.

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