Currently, OmniAb Inc [OABI] is trading at $1.40, up 2.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OABI shares have gain 8.53% over the last week, with a monthly amount drifted -16.67%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
OmniAb Inc [NASDAQ: OABI] stock has seen the most recent analyst activity on November 29, 2023, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $6. Previously, The Benchmark Company started tracking the stock with Buy rating on April 21, 2023, and set its price target to $8. On April 13, 2023, Craig Hallum initiated with a Buy rating and assigned a price target of $10 on the stock. Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $10 on February 22, 2023. H.C. Wainwright initiated its recommendation with a Buy and recommended $11 as its price target on February 13, 2023. Truist started tracking with a Buy rating for this stock on December 20, 2022, and assigned it a price target of $10. In a note dated December 16, 2022, Credit Suisse initiated an Outperform rating and provided a target price of $13 on this stock.
This stock has fluctuated between a low of $1.22 and a high of $4.96 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. OmniAb Inc [NASDAQ: OABI] shares were valued at $1.40 at the most recent close of the market. An investor can expect a potential return of 185.71% based on the average OABI price forecast.
Analyzing the OABI fundamentals
Trailing Twelve Months sales for OmniAb Inc [NASDAQ:OABI] were 26.74M which represents 9.29% growth. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at -2.65%, Pretax Profit Margin comes in at -2.55%, and Net Profit Margin reading is -2.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.21 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for OmniAb Inc [NASDAQ:OABI] is 4.70. Also, the Quick Ratio is 4.70, while the Cash Ratio stands at 0.95. Considering the valuation of this stock, the price to sales ratio is 6.41, the price to book ratio is 0.63.
Transactions by insiders
Recent insider trading involved Cochran Jennifer R., Director, that happened on May 15 ’25 when 30000.0 shares were purchased. Director, Love Steven completed a deal on May 14 ’25 to buy 25000.0 shares. Meanwhile, Director HIGGINS JOHN L bought 65000.0 shares on May 12 ’25.
