With 7.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.55 million shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $1.645 whereas the lowest price it dropped to was $1.57. The 52-week range on OPK shows that it touched its highest point at $1.75 and its lowest point at $0.85 during that stretch. It currently has a 1-year price target of $3.96. Beta for the stock currently stands at 1.64.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OPK was up-trending over the past week, with a rise of 0.62%, but this was up by 11.72% over a month. The stock gained 13.29% in the past year, while it has gained 7.28% so far this year. A look at the trailing 12-month EPS for OPK yields -0.19 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.08. This implies an EPS growth rate of 12.00% for this year and -31.06% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.56%.
Float and Shares Shorts:
At present, 773.28 million OPK shares are outstanding with a float of 318.10 million shares on hand for trading. On 2024-10-31, short shares totaled 95.86 million, which was 1405.0001000000002 higher than short shares on 1727654400. In addition to Dr. Phillip Frost Ph.D. as the firm’s Chairman & CEO, Dr. Jane H. Hsiao M.B.A., Ph.D. serves as its Vice Chairman & Chief Technical Officer.
Institutional Ownership:
Through their ownership of 0.28016 of OPK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OPK reported revenue of $173632000.0 and operating income of -$107277000.0. The EBITDA in the recently reported quarter was -$31550000.0 and diluted EPS was $0.03.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OPK since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OPK analysts setting a high price target of 8.5 and a low target of 2.0, the average target price over the next 12 months is 3.95833. Based on these targets, OPK could surge 424.69% to reach the target high and rise by 23.46% to reach the target low. Reaching the average price target will result in a growth of 144.34% from current levels.
Analysts have provided yearly estimates in a range of -$0.15583 being high and -$0.385 being low. For OPK, this leads to a yearly average estimate of -$0.22.