Kentucky Teachers Retirement System Increases Investment in Option Care Health,
December 20, 2023
☀️Trending News
The Kentucky State Teachers Retirement System (KTRS) has recently announced that it has increased its ownership stake in Option Care Health ($NASDAQ:OPCH), Inc., a global leader in providing home and alternate site infusion services. The move is part of an effort to diversify KTRS’s investments and reduce its risk exposure. Option Care Health, Inc. is a provider of comprehensive home and alternate site specialty infusion care services that is headquartered in Bannockburn, Illinois.
In addition, the company provides comprehensive pharmacy services, nutrition support, and disease management programs for their patients. With this additional investment, KTRS is confident that it has chosen a long-term partner that will produce strong returns and minimize the system’s risk exposure.
Price History
On Monday, the Kentucky Teachers Retirement System announced it had increased its investment in Option Care Health, Inc. (also known as OPTION CARE HEALTH). This increase in investment resulted in OPTION CARE HEALTH’s stock opening at $32.1 and closing at $32.2, up by 0.6% from its previous closing price of 32.0. Its decision to increase its investment in Option Care Health indicates the company’s potential for long-term growth and success in the market. This move could also open the door for more institutional investors to take an interest in the company and its stock.
Option Care Health is a leading provider of home infusion therapy and specialty pharmacy services. Its commitment to providing exceptional care, combined with its innovative approaches to healthcare, have allowed it to continue to be successful despite the challenges posed by the ongoing pandemic. The increased investment from the Kentucky Teachers Retirement System could provide a boost to the company’s total market capitalization, further evidencing its potential for future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for OPCH. More…
| Total Revenues | Net Income | Net Margin |
| 4.21k | 257.44 | 6.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for OPCH. More…
| Operations | Investing | Financing |
| 363.78 | -44.35 | -188.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for OPCH. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.24k | 1.8k | 8.13 |
Key Ratios Snapshot
Some of the financial key ratios for OPCH are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.6% | 54.6% | 9.5% |
| FCF Margin | ROE | ROA |
| 7.7% | 17.1% | 7.7% |
Analysis
As GoodWhale’s analysts, we have conducted an analysis of the fundamentals of OPTION CARE HEALTH and have come up with some interesting conclusions. Our Star Chart shows that OPTION CARE HEALTH has an intermediate health score of 6/10, taking into account its cashflows and debt, suggesting that it is likely to be able to pay off its debt and fund all of its future operations. When taking a closer look, we see that OPTION CARE HEALTH is strong in terms of growth, medium in terms of profitability, and weak in terms of asset and dividend. Our analysis leads us to classify OPTION CARE HEALTH as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable than others due to lower profitability. Investors interested in this type of company may be those looking for a potentially high return and willing to take on the risk associated with investing in a less stable company. They could also be those that prefer to invest in smaller companies that have the potential to grow quickly. More…
Peers
The company’s competitors include LHC Group Inc, Singapore Paincare Holdings Ltd, and New York Health Care Inc.
– LHC Group Inc ($NASDAQ:LHCG)
LHC Group Inc is a healthcare provider that offers a wide range of services to its patients. Its services include home health, hospice, community care, and other services. The company has a market cap of 5.14B as of 2022 and a return on equity of 5.37%. The company’s main focus is on providing quality care to its patients and their families.
– Singapore Paincare Holdings Ltd ($SGX:FRQ)
Singapore Paincare Holdings Ltd has a market cap of 36.82M as of 2022. The company’s Return on Equity for the same year is 13.23%.
Singapore Paincare Holdings Ltd is a healthcare company that focuses on the provision of pain management solutions. The company offers a wide range of services including pain consultation, pain relief treatments, and rehabilitation programs. Singapore Paincare Holdings Ltd also provides education and training on pain management for both healthcare professionals and the general public.
– New York Health Care Inc ($OTCPK:BBAL)
New York Health Care Inc is a healthcare company with a market cap of 335.37k as of 2022. It has a Return on Equity of 21.67%. The company provides healthcare services to patients in the New York area.
Summary
Option Care Health, Inc., a leading provider of home and alternate site infusion services and solutions in the United States, has seen an increase in investor interest. This signals that the fund sees strong potential in the company’s performance, which has already seen a significant jump from the year prior. Investment analysts believe that Option Care’s infusion services provide a great opportunity for investors, as they are increasingly sought after in today’s medical landscape.
The company is also well-positioned to benefit from current trends in the healthcare sector, which are expected to drive further growth and profits. With further investment, Option Care Health is expected to continue to be a top choice for investors who are looking for a secure, reliable, and profitable healthcare stock.
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