For its first fiscal quarter (ending March 31), Omnicell Inc (NASDAQ: OMCL) has reported E.P.S. of $-0.34 compared to $-0.33 a year ago. This result fell short of the consensus estimate of $0.24 by $-0.58. E.P.S. were $-0.46 for the latest four quarters through March 31 versus $-0.38 for the same period a year ago.
Recent Price Action
On 5/2/24, Omnicell Inc (NASDAQ: OMCL) stock enjoyed a very large increase of 7.8%, closing at $29.29. Moreover, trading volume in this advance was above average at 126% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 6.8% during the last week.
Current PriceTarget Research Rating
OMCL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Omnicell has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Omnicell has a neutral Appreciation Score of 59 but a very low Power Rating of 3, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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