Option Care Health, Inc. (NASDAQ:OPCH) Receives $30.14 Consensus Price Target from Analysts

Shares of Option Care Health, Inc. (NASDAQ:OPCH - Get Free Report) have been assigned an average rating of "Hold" from the seven analysts that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $30.14.

A number of analysts have issued reports on the company. Truist Financial cut their target price on Option Care Health from $41.00 to $34.00 and set a "buy" rating for the company in a research note on Friday, November 1st. The Goldman Sachs Group lowered shares of Option Care Health from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $38.00 to $27.00 in a report on Monday, November 4th. JMP Securities lifted their target price on shares of Option Care Health from $36.00 to $37.00 and gave the stock a "market outperform" rating in a research note on Monday, September 30th. Jefferies Financial Group cut shares of Option Care Health from a "buy" rating to a "hold" rating and dropped their price target for the company from $38.00 to $26.00 in a research note on Thursday, October 31st. Finally, Barrington Research cut their price target on shares of Option Care Health from $40.00 to $32.00 and set an "outperform" rating for the company in a report on Thursday, October 31st.

Option Care Health Price Performance

Shares of NASDAQ:OPCH traded down $0.11 during midday trading on Tuesday, hitting $22.81. The company had a trading volume of 613,906 shares, compared to its average volume of 1,583,381. Option Care Health has a twelve month low of $21.39 and a twelve month high of $34.63. The stock has a market cap of $3.88 billion, a price-to-earnings ratio of 19.17, a price-to-earnings-growth ratio of 2.43 and a beta of 1.33. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.73 and a quick ratio of 1.32. The business's 50-day simple moving average is $24.67 and its 200-day simple moving average is $28.17.

Insider Transactions at Option Care Health

In other Option Care Health news, Director Harry M. Jansen Kraemer, Jr. purchased 43,000 shares of the business's stock in a transaction on Friday, November 8th. The shares were bought at an average cost of $22.54 per share, for a total transaction of $969,220.00. Following the completion of the purchase, the director now directly owns 326,334 shares of the company's stock, valued at approximately $7,355,568.36. This trade represents a 15.18 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.64% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. UMB Bank n.a. grew its stake in Option Care Health by 937.5% during the 3rd quarter. UMB Bank n.a. now owns 830 shares of the company's stock worth $26,000 after purchasing an additional 750 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Option Care Health by 110.6% during the 3rd quarter. GAMMA Investing LLC now owns 897 shares of the company's stock worth $28,000 after buying an additional 471 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Option Care Health by 3,362.8% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,489 shares of the company's stock worth $47,000 after acquiring an additional 1,446 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Option Care Health by 3,029.7% in the 3rd quarter. International Assets Investment Management LLC now owns 2,848 shares of the company's stock valued at $91,000 after acquiring an additional 2,757 shares during the last quarter. Finally, Quarry LP raised its position in shares of Option Care Health by 327.7% during the 3rd quarter. Quarry LP now owns 3,430 shares of the company's stock worth $107,000 after acquiring an additional 2,628 shares in the last quarter. Institutional investors and hedge funds own 98.05% of the company's stock.

Option Care Health Company Profile

Option Care Health, Inc offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including crohn's disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders.