OmniAb Inc [OABI] stock prices are up 8.70% to $1.50 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The OABI shares have gain 18.11% over the last week, with a monthly amount drifted -1.96%, 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.
The stock price of OmniAb Inc [OABI] has been fluctuating between $1.22 and $4.96 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. OmniAb Inc [NASDAQ: OABI] shares were valued at $1.50 at the most recent close of the market. An investor can expect a potential return of 166.67% based on the average OABI price forecast.
Analyzing the OABI fundamentals
The OmniAb Inc [NASDAQ:OABI] reported sales of 26.74M for trailing twelve months, representing a surge of 9.29%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 1.3933 points at the first support level, and at 1.2867 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5633, and for the 2nd resistance point, it is at 1.6267.
Ratios To Look Out For
It’s worth pointing out that OmniAb Inc [NASDAQ:OABI]’s Current Ratio is 4.70. On the other hand, the Quick Ratio is 4.70, and the Cash Ratio is 0.95. Considering the valuation of this stock, the price to sales ratio is 6.86, the price to book ratio is 0.67.
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.
