Omnicell Stock Price on June 19, 2024
| OMCL Stock | USD 43.02 0.69 1.63% |
Below is the normalized historical share price chart for Omnicell extending back to August 07, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Omnicell stands at 43.02, as last reported on the 27th of September, with the highest price reaching 43.73 and the lowest price hitting 42.68 during the day.
If you're considering investing in Omnicell Stock, it is important to understand the factors that can impact its price. Omnicell appears to be very steady, given 3 months investment horizon. Omnicell maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Omnicell's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please evaluate Omnicell's Coefficient Of Variation of 583.94, semi deviation of 1.58, and Risk Adjusted Performance of 0.1459 to confirm if our risk estimates are consistent with your expectations.
At this time, Omnicell's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 2.3 B this year, although the value of Common Stock Shares Outstanding will most likely fall to about 36.4 M. . At this time, Omnicell's Price To Sales Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 0.20 this year, although Price Book Value Ratio will most likely fall to 1.36. Omnicell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 2001 | 200 Day MA 32.615 | 50 Day MA 39.8318 | Beta 0.832 |
Omnicell |
Sharpe Ratio = 0.181
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Estimated Market Risk
| 4.75 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Omnicell is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Omnicell by adding it to a well-diversified portfolio.
Price Book 1.6271 | Enterprise Value Ebitda 36.4247 | Price Sales 1.8113 | Shares Float 42.6 M | Wall Street Target Price 44.5 |
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Omnicell Valuation on June 19, 2024
It is possible to determine the worth of Omnicell on a given historical date. On June 19, 2024 Omnicell was worth 27.76 at the beginning of the trading date compared to the closed value of 27.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omnicell stock. Still, in general, we apply an absolute valuation method to find Omnicell's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omnicell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omnicell's related companies.
| Open | High | Low | Close | Volume | |
| 27.91 | 28.44 | 26.63 | 27.91 | 444,531 | |
06/18/2024 | 27.76 | 28.46 | 27.41 | 27.46 | 543,089 |
| 27.33 | 28.51 | 27.01 | 28.26 | 448,959 |
| Backtest Omnicell | | | Omnicell History | | | Omnicell Valuation | Previous | Next |
Omnicell Trading Date Momentum on June 19, 2024
| On June 20 2024 Omnicell was traded for 28.26 at the closing time. The top price for the day was 28.51 and the lowest listed price was 27.01 . The trading volume for the day was 449 K. The trading history from June 20, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 2.91% . The trading delta at closing time against the current closing price is 3.82% . |
Omnicell Fundamentals Correlations and Trends
By evaluating Omnicell's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omnicell's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omnicell financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omnicell Stock history
Omnicell investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omnicell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omnicell will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omnicell stock prices may prove useful in developing a viable investing in Omnicell
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.2 M | 36.4 M | |
| Net Income Applicable To Common Shares | 6.5 M | 6.2 M |
Omnicell Stock Technical Analysis
Omnicell technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Omnicell Period Price Range
Low | September 27, 2024
| High |
0.00 | 0.00 |
Omnicell cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Omnicell September 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Omnicell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omnicell shares will generate the highest return on investment. By undertsting and applying Omnicell stock market strength indicators, traders can identify Omnicell entry and exit signals to maximize returns
Omnicell Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omnicell's price direction in advance. Along with the technical and fundamental analysis of Omnicell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omnicell to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1459 | |||
| Jensen Alpha | 0.8114 | |||
| Total Risk Alpha | 0.1649 | |||
| Sortino Ratio | 0.3298 | |||
| Treynor Ratio | (3.65) |
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Additional Information and Resources on Investing in Omnicell Stock
When determining whether Omnicell is a strong investment it is important to analyze Omnicell's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Omnicell's future performance. For an informed investment choice regarding Omnicell Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omnicell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Omnicell Stock please use our How to buy in Omnicell Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omnicell. If investors know Omnicell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omnicell listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.046 | Earnings Share (0.45) | Revenue Per Share 23.679 | Quarterly Revenue Growth (0.07) | Return On Assets (0.01) |
The market value of Omnicell is measured differently than its book value, which is the value of Omnicell that is recorded on the company's balance sheet. Investors also form their own opinion of Omnicell's value that differs from its market value or its book value, called intrinsic value, which is Omnicell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omnicell's market value can be influenced by many factors that don't directly affect Omnicell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omnicell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omnicell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omnicell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.