Craig Hallum lowered shares of Omnicell (NASDAQ:OMCL) from a buy rating to a hold rating in a research report released on Friday, February 2nd.
Several other research firms also recently commented on OMCL. Cantor Fitzgerald raised their price target on shares of Omnicell to $58.00 and gave the stock an overweight rating in a research note on Friday, October 27th. Oppenheimer reaffirmed a buy rating and issued a $55.00 price objective on shares of Omnicell in a research report on Thursday, October 19th. BidaskClub downgraded shares of Omnicell from a sell rating to a strong sell rating in a research report on Friday, January 19th. Finally, Zacks Investment Research cut shares of Omnicell from a hold rating to a strong sell rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $56.14.
Omnicell (OMCL) opened at $44.05 on Friday. Omnicell has a 12-month low of $36.65 and a 12-month high of $55.40. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.28 and a current ratio of 1.73. The firm has a market cap of $1,670.00, a price-to-earnings ratio of 86.37, a P/E/G ratio of 3.63 and a beta of 0.65.
Omnicell (NASDAQ:OMCL) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.02. The business had revenue of $198.26 million during the quarter, compared to analyst estimates of $205.50 million. Omnicell had a net margin of 2.88% and a return on equity of 1.54%. Omnicell’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.37 earnings per share. analysts expect that Omnicell will post 0.77 EPS for the current year.
In related news, CFO Peter J. Kuipers sold 1,926 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $51.69, for a total value of $99,554.94. Following the completion of the sale, the chief financial officer now owns 40,544 shares of the company’s stock, valued at approximately $2,095,719.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.77% of the stock is currently owned by insiders.
Several hedge funds have recently made changes to their positions in OMCL. Carillon Tower Advisers Inc. acquired a new position in shares of Omnicell during the 4th quarter valued at about $38,612,000. Janus Henderson Group PLC boosted its position in shares of Omnicell by 129.6% during the 2nd quarter. Janus Henderson Group PLC now owns 1,231,933 shares of the company’s stock valued at $53,096,000 after acquiring an additional 695,334 shares during the last quarter. Eagle Asset Management Inc. lifted its position in Omnicell by 36.8% in the fourth quarter. Eagle Asset Management Inc. now owns 1,365,794 shares of the company’s stock valued at $66,047,000 after buying an additional 367,687 shares during the last quarter. Kennedy Capital Management Inc. lifted its position in Omnicell by 199.2% in the fourth quarter. Kennedy Capital Management Inc. now owns 465,483 shares of the company’s stock valued at $22,576,000 after buying an additional 309,913 shares during the last quarter. Finally, Braun Stacey Associates Inc. acquired a new position in Omnicell in the fourth quarter valued at about $9,391,000.
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Omnicell Company Profile
Omnicell, Inc provides automation and business analytics software solutions for patient-centric medication and supply management across the entire healthcare continuum, from the acute care hospital setting to post-acute skilled nursing and long-term care facilities to the home. It operates through two segments: Automation and Analytics, and Medication Adherence.
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