Omega Healthcare Investors Inc. [NYSE: OHI] loss -3.98% or -1.4 points to close at $33.74 with a heavy trading volume of 1279224 shares. The company report on October 30, 2020 that Omega Healthcare Investors, Inc. to Host Earnings Call.
Omega Healthcare Investors, Inc. (NYSE:OHI) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 30, 2020 at 10:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/68986.
It opened the trading session at $35.13, the shares rose to $35.30 and dropped to $33.73, the range by which the price of stock traded the whole day. The daily chart for OHI points out that the company has recorded 13.49% gains over the past six months. However, it is still -153.11% lower than its most recent low trading price.
If we look at the average trading volume of 1.39M shares, OHI reached to a volume of 1279224 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Omega Healthcare Investors Inc. [OHI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OHI shares is $33.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OHI stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Omega Healthcare Investors Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 02, 2020. The new note on the price target was released on August 03, 2020, representing the official price target for Omega Healthcare Investors Inc. stock. On May 15, 2020, analysts increased their price target for OHI shares from 32 to 34.
The Average True Range (ATR) for Omega Healthcare Investors Inc. is set at 1.42, with the Price to Sales ratio for OHI stock in the period of the last 12 months amounting to 8.34. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 0.17. Price to Free Cash Flow for OHI in the course of the last twelve months was 14.53.
Trading performance analysis for OHI stock
Omega Healthcare Investors Inc. [OHI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.20. With this latest performance, OHI shares gained by 12.24% in over the last four-week period, additionally plugging by 13.49% over the last 6 months – not to mention a drop of -19.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OHI stock in for the last two-week period is set at 57.87, with the RSI for the last a single of trading hit 56.78, and the three-weeks RSI is set at 56.78 for Omega Healthcare Investors Inc. [OHI]. The present Moving Average for the last 50 days of trading for this stock 31.33, while it was recorded at 34.57 for the last single week of trading, and 31.46 for the last 200 days.
Omega Healthcare Investors Inc. [OHI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Omega Healthcare Investors Inc. [OHI] shares currently have an operating margin of +37.42 and a Gross Margin at +66.36. Omega Healthcare Investors Inc.’s Net Margin is presently recorded at +36.93.
Return on Total Capital for OHI is now 3.88, given the latest momentum, and Return on Invested Capital for the company is 3.95. Return on Equity for this stock inclined to 9.00, with Return on Assets sitting at 3.71. When it comes to the capital structure of this company, Omega Healthcare Investors Inc. [OHI] has a Total Debt to Total Equity ratio set at 124.63. Additionally, OHI Total Debt to Total Capital is recorded at 55.48, with Total Debt to Total Assets ending up at 52.61. Long-Term Debt to Equity for the company is recorded at 124.43, with the Long-Term Debt to Total Capital now at 55.39.
Reflecting on the efficiency of the workforce at the company, Omega Healthcare Investors Inc. [OHI] managed to generate an average of $6,961,694 per employee. Receivables Turnover for the company is 0.58 with a Total Asset Turnover recorded at a value of 0.10.
Omega Healthcare Investors Inc. [OHI]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Omega Healthcare Investors Inc. posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.37/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -27.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OHI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Omega Healthcare Investors Inc. go to 15.80%.
An analysis of insider ownership at Omega Healthcare Investors Inc. [OHI]
There are presently around $5,404 million, or 75.20% of OHI stock, in the hands of institutional investors. The top three institutional holders of OHI stocks are: VANGUARD GROUP INC with ownership of 31,764,167, which is approximately -4.852% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 26,706,396 shares of the stock with an approximate value of $901.07 million in OHI stocks shares; and STATE STREET CORP, currently with $401.54 million in OHI stock with ownership of nearly -5.667% of the company’s market capitalization.
Positions in Omega Healthcare Investors Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 207 institutional holders increased their position in Omega Healthcare Investors Inc. [NYSE:OHI] by around 12,633,679 shares. Additionally, 234 investors decreased positions by around 17,504,274 shares, while 83 investors held positions by with 130,036,746 shares. The mentioned changes placed institutional holdings at 160,174,699 shares, according to the latest SEC report filing. OHI stock had 45 new institutional investments in for a total of 1,055,433 shares, while 55 institutional investors sold positions of 1,114,264 shares during the same period.