Option Care Health, Inc. (NASDAQ:OPCH) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Option Care Health, Inc. (NASDAQ:OPCH) have earned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $29.9231.

Several equities research analysts recently issued reports on the company. Wall Street Zen upgraded Option Care Health from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. The Goldman Sachs Group assumed coverage on Option Care Health in a report on Monday, June 8th. They set a “neutral” rating and a $22.00 target price for the company. Weiss Ratings raised Option Care Health from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $24.00 target price (down from $26.00) on shares of Option Care Health in a research report on Thursday, July 30th. Finally, Stephens reissued an “equal weight” rating and set a $24.00 price target (down from $30.00) on shares of Option Care Health in a research report on Friday, July 17th.

Option Care Health Stock Performance

NASDAQ:OPCH opened at $24.47 on Thursday. Option Care Health has a fifty-two week low of $18.01 and a fifty-two week high of $36.80. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.98 and a current ratio of 1.47. The company has a 50 day moving average price of $23.18 and a 200 day moving average price of $24.18. The stock has a market capitalization of $3.67 billion, a P/E ratio of 18.40, a PEG ratio of 1.36 and a beta of 0.61.

Option Care Health (NASDAQ:OPCH) last announced its earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Option Care Health had a return on equity of 18.74% and a net margin of 3.68%.The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. Option Care Health has set its FY 2026 guidance at 1.850-1.920 EPS. Equities research analysts forecast that Option Care Health will post 1.69 EPS for the current year.

Institutional Investors Weigh In On Option Care Health

Large investors have recently added to or reduced their stakes in the business. Engineers Gate Manager LP lifted its holdings in Option Care Health by 263.0% during the 2nd quarter. Engineers Gate Manager LP now owns 43,560 shares of the company’s stock worth $913,000 after buying an additional 31,561 shares in the last quarter. Squarepoint Ops LLC grew its stake in shares of Option Care Health by 234.1% in the second quarter. Squarepoint Ops LLC now owns 434,408 shares of the company’s stock worth $9,110,000 after acquiring an additional 304,376 shares in the last quarter. Empirical Finance LLC acquired a new position in shares of Option Care Health in the second quarter worth $595,000. Nykredit A S purchased a new stake in shares of Option Care Health during the second quarter worth $56,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Option Care Health during the second quarter worth $544,000. 98.05% of the stock is owned by hedge funds and other institutional investors.

About Option Care Health

Option Care Health, Inc is a provider of home and alternate-site infusion services in the United States. The company works with patients, physicians, hospitals, health plans and pharmaceutical manufacturers to deliver infusion therapy outside traditional hospital settings, including in patients’ homes, ambulatory infusion centers and other outpatient locations.

Its services include pharmacy and nursing support for intravenous and subcutaneous therapies, care coordination, patient education, clinical monitoring and reimbursement assistance.