For its second fiscal quarter (ending June 30), Omnicell Inc (NASDAQ: OMCL) has reported E.P.S. of $0.08 compared to $0.08 a year ago. For the latest four quarters through June 30, E.P.S. were $-0.46 versus $-0.52 for the same period a year ago.
Recent Price Action
Omnicell Inc (NASDAQ: OMCL) stock closed at $38.85 on 8/1/24 after a major increase of 33.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 450% of normal. The stock has risen 31.2% during the last week but 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 be above the cost of capital, OMCL is expected to continue to be a modest Value Builder.
Omnicell has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Omnicell has a neutral Appreciation Score of 59 but a poor Power Rating of 20, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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