Option Care Health, Experiences Decent Share Price Growth on NASDAQGS in the Teens
June 8, 2023
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Option Care Health ($NASDAQ:OPCH), Inc. is a company that has recently experienced decent share price growth on the NASDAQGS. Although it may not be the biggest company around, it has still managed to make a noteworthy impact on the stock market, with its share price reaching into the double digits. The company is a provider of specialized pharmacy and healthcare services, striving to create a better experience for patients who need home infusion, specialty pharmaceuticals, and complex care services. Option Care Health, Inc. has improved its services to provide a higher quality of care, delivering innovative and personalized treatments to the patients who need them the most. Their dedication to the patient experience can be seen in their continuous focus on developing cutting-edge technologies and therapies that can help people live longer, healthier lives. With the help of technology, they have also managed to broaden their service network, reaching more people in need of these complex care services.
The company’s efforts have been rewarded with a significant rise in the share prices on the NASDAQGS. This growth has been steady and consistent, slowly pushing the prices up into the double digits. This indicates that investors are confident in the future of Option Care Health, Inc. and their ability to provide quality care to those who need it most. With their commitment to patient-centricity and continuous innovation, Option Care Health, Inc. is sure to continue its upward trajectory on the stock market.
Market Price
The stock opened at $31.6 and closed at $30.8, representing a decrease of 2.2% from the prior closing price of $31.5. While the stock experienced a slight decrease, it still remains trading in the teens on the NASDAQGS. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for OPCH. More…
| Total Revenues | Net Income | Net Margin |
| 4.04k | 159.49 | 3.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for OPCH. More…
| Operations | Investing | Financing |
| 324.62 | -108.45 | -63.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for OPCH. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.13k | 1.78k | 7.71 |
Key Ratios Snapshot
Some of the financial key ratios for OPCH are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.8% | 344.9% | 6.8% |
| FCF Margin | ROE | ROA |
| 7.1% | 12.4% | 5.5% |
Analysis
At GoodWhale, we have conducted an analysis of OPTION CARE HEALTH’s fundamentals. According to our Star Chart, the company has a strong rating in growth and a medium rating in profitability, while being weak in asset and dividend. We have classified OPTION CARE HEALTH as a ‘cheetah’, which is a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. For investors looking to capitalize on this kind of company, OPTION CARE HEALTH could be an interesting option. Even though it may not be as stable as some other companies, it has an intermediate health score of 6/10 considering its cashflows and debt. This suggests that it is likely to pay off debt and fund future operations. More…
Peers
The company’s competitors include LHC Group Inc, Singapore Paincare Holdings Ltd, and New York Health Care Inc.
– LHC Group Inc ($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. is a healthcare services provider that has seen a steady increase in its share price since its listing on the NASDAQGS.
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