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NASDAQ:OPK

OPKO Health (OPK) Stock Price, News & Analysis

OPKO Health logo
$1.58 +0.02 (+1.28%)
(As of 11/22/2024 ET)

About OPKO Health Stock (NASDAQ:OPK)

Key Stats

Today's Range
$1.55
$1.61
50-Day Range
$1.40
$1.66
52-Week Range
$0.85
$1.75
Volume
3.21 million shs
Average Volume
4.57 million shs
Market Capitalization
$1.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.75
Consensus Rating
Buy

Company Overview

OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates BioReference Laboratories that offers laboratory testing services for the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women's health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units; and 4Kscore prostate cancer test. Its Pharmaceutical segment offers Rayaldee to treat secondary hyperparathyroidism in adults with stage 3 or 4 chronic kidney disease, and vitamin D insufficiency. This segment also develops multi-specific immune therapies focused on oncology, infectious diseases, vaccines, and immunology; OPK88004, an orally administered selective androgen receptor modulator; OPK88003, a once-weekly administered peptide for the treatment of type 2 diabetes and related obesity; Somatrogon (hGH-CTP), a once-weekly human growth hormone injection; and Factor VIIa-CTP, a novel long-acting coagulation factor being developed to treat hemophilia. In addition, it develops and commercializes longer-acting proprietary versions of already approved therapeutic proteins; develops and produces specialty APIs; develops, manufactures, markets, and sells pharmaceutical, nutraceutical, veterinary, and ophthalmic products; commercializes food supplements and over the counter products; manufactures and sells products primarily in the generics market; and markets, distributes, and sells pharmaceutical products in a range of indications, including cardiovascular products, vaccines, antibiotics, gastro-intestinal products, hormones, and others. The company also operates pharmaceutical platforms in Ireland, Chile, Spain, and Mexico. The company was founded in 1991 and is headquartered in Miami, Florida.

OPKO Health Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
90th Percentile Overall Score

OPK MarketRank™: 

OPKO Health scored higher than 90% of companies evaluated by MarketBeat, and ranked 157th out of 953 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    OPKO Health has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    OPKO Health has only been the subject of 3 research reports in the past 90 days.

  • Read more about OPKO Health's stock forecast and price target.
  • Earnings Growth

    Earnings for OPKO Health are expected to decrease in the coming year, from ($0.24) to ($0.25) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of OPKO Health is -8.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of OPKO Health is -8.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    OPKO Health has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about OPKO Health's valuation and earnings.
  • Percentage of Shares Shorted

    30.05% of the float of OPKO Health has been sold short.
  • Short Interest Ratio / Days to Cover

    OPKO Health has a short interest ratio ("days to cover") of 29.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in OPKO Health has recently increased by 3.14%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    OPKO Health does not currently pay a dividend.

  • Dividend Growth

    OPKO Health does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    30.05% of the float of OPKO Health has been sold short.
  • Short Interest Ratio / Days to Cover

    OPKO Health has a short interest ratio ("days to cover") of 29.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in OPKO Health has recently increased by 3.14%, indicating that investor sentiment is decreasing.
  • News Sentiment

    OPKO Health has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for OPKO Health this week, compared to 3 articles on an average week.
  • Search Interest

    19 people have searched for OPK on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added OPKO Health to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, OPKO Health insiders have bought more of their company's stock than they have sold. Specifically, they have bought $741,274.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    47.26% of the stock of OPKO Health is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    64.63% of the stock of OPKO Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about OPKO Health's insider trading history.
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OPK Stock News Headlines

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OPKO Health to Participate in the Piper Sandler 36th Annual Healthcare Conference
Phillip Frost Buys Handful Of Shares In OPKO Health
OPKO Health Shows Strategic Progress in Q3 2024
See More Headlines

OPK Stock Analysis - Frequently Asked Questions

OPKO Health's stock was trading at $1.51 at the beginning of the year. Since then, OPK shares have increased by 4.6% and is now trading at $1.58.
View the best growth stocks for 2024 here
.

OPKO Health, Inc. (NASDAQ:OPK) released its earnings results on Wednesday, August, 7th. The biotechnology company reported ($0.01) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.08. OPKO Health's revenue for the quarter was down 31.3% on a year-over-year basis.

Top institutional shareholders of OPKO Health include Rubric Capital Management LP (7.14%), State Street Corp (1.28%), Geode Capital Management LLC (1.23%) and Wolverine Asset Management LLC. Insiders that own company stock include Phillip Md Et Al Frost, Jane Ph D Hsiao, Steven D Rubin, Opko Health, Inc, Gary J Nabel, Richard C Pfenniger Jr and Richard M Krasno.
View institutional ownership trends
.

Shares of OPK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that OPKO Health investors own include Humana (HUM), Voyager Therapeutics (VYGR), American Water Works (AWK), Waste Connections (WCN), Marinus Pharmaceuticals (MRNS), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
8/07/2024
Today
11/22/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/25/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Biotechnology
Current Symbol
NASDAQ:OPK
CUSIP
68375N10
Employees
3,930
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.75
High Stock Price Target
$3.00
Low Stock Price Target
$2.25
Potential Upside/Downside
+74.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-188,860,000.00
Pretax Margin
-16.57%

Debt

Sales & Book Value

Annual Sales
$711.41 million
Book Value
$2.06 per share

Miscellaneous

Free Float
359,942,000
Market Cap
$1.08 billion
Optionable
Optionable
Beta
1.65

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This page (NASDAQ:OPK) was last updated on 11/23/2024 by MarketBeat.com Staff
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