Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) recorded 1.01% gain during trading session on January 10th, 2019. The script traded as low as $36.23 and last traded at $36.84. 2.2 million shares changed exchanged hands during trading, an increase of 3.98% from the 30-day average session volume of 2.29M shares. The firm had previously closed at $36.47. The company has $200.91M outstanding shares, a price-to-earnings ratio of 27.27, price-to-earnings-growth ratio of 8.38and a beta of 0.37. The company has a RSI of 58.95, ATR of 1.00 and a volatility of 2.58% this week. OHI has a 52 week low price of $24.90 and a 52 week high price of $38.34.
Investors have identified the tech company Omega Healthcare Investors, 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 7.40B, 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.
Omega Healthcare Investors, Inc. (OHI) 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 OHI, the company has in raw cash 1.52 billion on their books with 5.01 billion 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 an incline. In terms of their assets, the company currently has 1.47 billion total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
OHI were able to record 172.54 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 85.67 million. In cash movements, the company had a total of 348.47 million as operating cash flow.
Potential earnings growth for Omega Healthcare Investors, Inc. (OHI)
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, Omega Healthcare Investors, Inc. recorded a total of 221.85 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.01% coming in sequential stages and their sales for the third quarter increasing by 0.01%.
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 105.82 million trying to sell their products during the last quarter, with the result yielding a gross income of 116.03 million. This allows shareholders to hold on to 200.91M with the revenue now reading 280 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.75 cents a share).
Is the stock of OHI attractive?
Having a look at the company’s valuation, the company is expected to record 3.09 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 OHI sounds very interesting.
In related news, Chief Corp Development Officer INSOFT STEVEN J sold 25,000 shares of the company’s stock in a transaction that recorded on December 11th, 2019. The sale was performed at an average price of 37.25, for a total value of 931,200. As the sale deal closes, the Chief Accounting Officer INSOFT STEVEN J now sold 3,000 shares of the company’s stock, valued at 111,000. Also, Chief Accounting Officer Ritz Michael sold 2,000 shares of the company’s stock in a deal that was recorded on November 20th, 2019. The shares were sold at an average price of 36.00 per share, with a total market value of 6,076. Following this completion of acquisition, the Chief Accounting Officer now holds 2,000 shares of the company’s stock, valued at 71,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
1 out of 10 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Omega Healthcare Investors, Inc. stock. 0 analysts has assigned a Sell rating on the OHI stock. The 12-month mean consensus price target for the company’s shares has been set at $34.75.