Orasure Technologies Inc [NASDAQ: OSUR] price plunged by -23.50 percent to reach at -$0.94.
The one-year OSUR stock forecast points to a potential upside of 38.8. The average equity rating for OSUR stock is currently 2.60, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Orasure Technologies Inc [OSUR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OSUR shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OSUR stock is a recommendation set at 2.60. 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.
Evercore ISI have made an estimate for Orasure Technologies Inc shares, keeping their opinion on the stock as In-line, with their previous recommendation back on January 03, 2023. The new note on the price target was released on September 22, 2021, representing the official price target for Orasure Technologies Inc stock. Previously, the target price had yet another raise to $22, while Evercore ISI analysts kept a Outperform rating on OSUR stock.
The Average True Range (ATR) for Orasure Technologies Inc is set at 0.22, with the Price to Sales ratio for OSUR stock in the period of the last 12 months amounting to 1.23. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 3.59. Price to Free Cash Flow for OSUR in the course of the last twelve months was 9.68 with Quick ratio for the last quarter at 11.20.
OSUR Stock Performance Analysis:
Orasure Technologies Inc [OSUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -22.34. With this latest performance, OSUR shares dropped by -25.55% in over the last four-week period, additionally sinking by -31.08% over the last 6 months – not to mention a drop of -56.03% 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 OSUR stock in for the last two-week period is set at 28.03, with the RSI for the last a single of trading hit 22.14, and the three-weeks RSI is set at 32.40 for Orasure Technologies Inc [OSUR]. The present Moving Average for the last 50 days of trading for this stock 3.81, while it was recorded at 3.75 for the last single week of trading, and 4.18 for the last 200 days.
Insight into Orasure Technologies Inc Fundamentals:
Orasure Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.20 and a Current Ratio set at 12.60.
OSUR Stock EPS
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 OSUR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Orasure Technologies Inc go to 24.93%.
Orasure Technologies Inc [OSUR] Institutonal Ownership Details
The top three institutional holders of OSUR stocks are: BLACKROCK INC. with ownership of 7.38 million shares, which is approximately 9.9799%. DIMENSIONAL FUND ADVISORS LP, holding 4.41 million shares of the stock with an approximate value of $$18.78 million in OSUR stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $$18.19 million in OSUR stock with ownership which is approximately 5.7756%.
