Omega Healthcare Investors, Inc. (OHI) shares projected to rise by -12.65%

Omega Healthcare Investors, Inc. [OHI] stock is trading at $42.53, up 1.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OHI shares have gain 2.21% over the last week, with a monthly amount glided 5.30%, 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 October 18, 2024, when Berenberg initiated its Buy rating and assigned the stock a price target of $45. Previously, Mizuho downgraded its rating to Neutral on July 25, 2024, and elevated its price target to $35. On March 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $35 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $35 on February 26, 2024. Exane BNP Paribas upgraded its rating to a Neutral but $30 remained the price target by the analyst firm on February 08, 2024. Deutsche Bank started tracking with a Buy rating for this stock on January 30, 2024, and assigned it a price target of $36. In a note dated January 16, 2024, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $33 to $31.

Omega Healthcare Investors, Inc. [OHI] stock has fluctuated between $27.53 and $41.95 over the past year. Currently, Wall Street analysts expect the stock to reach $37.15 within the next 12 months. Omega Healthcare Investors, Inc. [NYSE: OHI] shares were valued at $42.53 at the most recent close of the market. An investor can expect a potential drop of -12.65% based on the average OHI price forecast.

Analyzing the OHI fundamentals

Omega Healthcare Investors, Inc. [NYSE:OHI] reported sales of 994.55M for the trailing twelve months, which represents a growth 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 42.06 points at the first support level, and at 41.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.84, and for the 2nd resistance point, it is at 43.14.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 11.03, the price to book ratio is 2.91 and price to earnings (TTM) ratio is 32.71.

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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