As of Wednesday close, Omega Healthcare Investors Inc.’s (NYSE:OHI) stock was down -$0.33, moving down -1.06 percent to $30.81. The average number of shares traded per day over the past five days has been 1,153,600 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.91 fall in that time frame. In the last twenty days, the average volume was 1,586,070, while in the previous 50 days, it was 1,822,180.
Since last month, OHI stock retreated -4.20%. Shares of the company fell to $30.67 on 08/16/23, the lowest level in the past month. A 52-week high of $33.28 was reached on 07/24/23 after having rallying from a 52-week low of $25.61. Since the beginning of this year, OHI’s stock price has risen by 10.23% or $2.86, and marked a new high 13 times. However, the stock has declined by -7.42% since its 52-week high.
Valuation Metrics
Right now, Omega Healthcare Investors Inc. (OHI) has a P/E ratio of about 30.63. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 8.76, the price-to-book (PB) ratio of 2.04, and the price-to-cash flow ratio of 24.37 may also be considered.
The latest dividend of $0.67 per share was paid out, remained unchanged from last year’s $0.67. On Monday October 14 2019, a $0.01 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 1.46, and the total debt-to-equity ratio was 1.46. On the profitability front, the trailing twelve-month gross margin is 98.10% percent. In the recent year, operating margins totaled -0.80%. Based on annual data, OHI earned $311.82 million in gross profit and brought in $878.24 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.80%. Return on equity (ROE) for the past 12 months was 6.80%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. OHI’s revenue rose 2.21% to $218.2 million during the quarter, while net income inched up to $250.19 million. During the quarter, the company generated $192.21 million in EBITDA. The value of shareholders’ equity is $244.87 million.
Technical Picture
This quick technical analysis looks at Omega Healthcare Investors Inc.’s (OHI) price momentum. With a historical volatility rate of 15.43%, the RSI 9-day stood at 33.32% on 16 August.
With respect to its five-day moving average, the current Omega Healthcare Investors Inc. price is down by -2.87% percent or -$0.91. At present, OHI shares trade -5.72% below its 20-day simple moving average and +19.74% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.35% above its SMA50 and -3.33% below its SMA200.
Stochastic coefficient K was 14.32% and Stochastic coefficient D was 19.10%, while ATR was 0.52. Given the Stochastic reading of 9.44% for the 14-day period, the RSI (14) reading has been calculated as 39.72%. As of today, the MACD Oscillator reading stands at -0.33, while the 14-day reading stands at -0.39.
Analyst Ratings
Omega Healthcare Investors Inc. (OHI) has been rated Hold by analysts. According to 0 brokerage firms, OHI is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Omega Healthcare Investors Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $32.00, the current consensus forecast for the stock is $28.00 – $36.00. Based on these forecasts, analysts predict Omega Healthcare Investors Inc. (OHI) will achieve an average price target of $32.19.
