Shares of OraSure Technologies, Inc. (NASDAQ:OSUR) recorded -10.36% loss during trading session on November 8th, 2018. The script traded as low as $12.5 and last traded at $13.19. 2.04 million shares changed exchanged hands during trading, a drop of -423217.77% from the 30-day average session volume of 481.77K shares. The firm had previously closed at $14.72. The company has $60.31M outstanding shares, a price-to-earnings ratio of 36.05, price-to-earnings-growth ratio of 4.42 and a beta of 1.56. The company has a RSI of 34.00, ATR of 0.64 and a volatility of 5.45% this week. OSUR has a 52 week low price of $13.21 and a 52 week high price of $22.22.
Investors have identified the tech company OraSure Technologies, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 795.79M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
OraSure Technologies, Inc. (OSUR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For OSUR, the company has in raw cash 78.15 million on their books with 8.06 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 207.9 million total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
OSUR were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for OraSure Technologies, Inc. (OSUR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, OraSure Technologies, Inc. recorded a total of 45.89 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.08% coming in sequential stages and their sales for the third quarter increasing by 0.05%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 17.34 million trying to sell their products during the last quarter, with the result yielding a gross income of 28.55 million. This allows shareholders to hold on to 60.31M with the revenue now reading 130 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.11 cents a share).
Is the stock of OSUR attractive?
Having a look at the company’s valuation, the company is expected to record 0.50 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on OSUR sounds very interesting.
In related news, Director Patrick Charles W sold 8,000 shares of the company’s stock in a transaction that recorded on August 27th, 2018. The sale was performed at an average price of 16.29, for a total value of 130,320. As the sale deal closes, the EVP & BU Lead – Molecular Patrick Charles W now sold 10,000 shares of the company’s stock, valued at 180,010. Also, Director TANG STEPHEN S PHD sold 23,333 shares of the company’s stock in a deal that was recorded on February 15th, 2018. The shares were sold at an average price of 17.97 per share, with a total market value of 36,416. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
1 out of 5 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on OraSure Technologies, Inc. stock. 0 analysts has assigned a Sell rating on the OSUR stock. The 12-month mean consensus price target for the company’s shares has been set at $19.25.