Omnicell Inc (NASDAQ: OMCL) has reported earnings for its third fiscal quarter (ending September 30) of $0.19 versus $0.12 for the same period a year ago — an increase of 58%. For the latest four quarters through September 30, E.P.S. were $-0.39 compared to $-0.77 a year ago — a decline of -49%.
Recent Price Action
On 10/30/24, Omnicell Inc (NASDAQ: OMCL) stock enjoyed a major increase of 32.2%, closing at $53.05. Moreover, exceptionally high trading volume at 534% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 29.1% during the last week.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Omnicell has a neutral Appreciation Score of 50 but a very high Power Rating of 93, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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