For its third fiscal quarter (ending September 30), Omnicell Inc (NASDAQ: OMCL) has reported a -68% decline in E.P.S. from $0.38 a year ago to $0.12 in the current quarter. This result fell short of the consensus estimate of $0.47 by $-0.35. For the latest four quarters through September 30, E.P.S. were $-0.77 compared to $1.09 a year ago — a decline of -171%.
Recent Price Action
On 11/2/23, Omnicell Inc (NASDAQ: OMCL) stock suffered a major decline of -18.3%, closing at $29.24. The stock has declined -18.1% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OMCL is expected to continue to be a modest Value Builder.
Omnicell has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Omnicell has a neutral Appreciation Score of 54 and a neutral Power Rating of 46, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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