Option Care Health (NASDAQ:OPCH – Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $1.59-1.69 for the period, compared to the consensus estimate of $1.32. The company issued revenue guidance of $5.2-5.4 billion, compared to the consensus revenue estimate of $5.24 billion. Option Care Health also updated its Q4 guidance to $0.42-0.45 EPS.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on OPCH shares. Bank of America lowered Option Care Health from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $43.00 to $29.00 in a report on Wednesday, October 30th. Jefferies Financial Group downgraded Option Care Health from a “buy” rating to a “hold” rating and cut their price target for the stock from $38.00 to $26.00 in a research note on Thursday, October 31st. Truist Financial lowered their price objective on Option Care Health from $41.00 to $34.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Barrington Research dropped their price objective on shares of Option Care Health from $40.00 to $32.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Finally, UBS Group initiated coverage on shares of Option Care Health in a research note on Thursday, December 5th. They issued a “neutral” rating and a $26.00 target price for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Option Care Health presently has an average rating of “Hold” and an average price target of $29.14.
Read Our Latest Stock Report on Option Care Health
Option Care Health Stock Performance
Insider Transactions at Option Care Health
In other news, Director Harry M. Jansen Kraemer, Jr. purchased 43,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of $22.54 per share, with a total value of $969,220.00. Following the completion of the acquisition, the director now owns 326,334 shares in the company, valued at $7,355,568.36. This trade represents a 15.18 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.64% of the company’s stock.
Option Care Health Company Profile
Option Care Health, Inc offers home and alternate site infusion services in the United States. The company provides anti-infective therapies; home infusion services to treat heart failures; home parenteral nutrition and enteral nutrition support services for numerous acute and chronic conditions, such as stroke, cancer, and gastrointestinal diseases; immunoglobulin infusion therapies for the treatment of immune deficiencies; and treatments for chronic inflammatory disorders, including crohn’s disease, plaque psoriasis, psoriatic arthritis, rheumatoid arthritis, ulcerative colitis, and other chronic inflammatory disorders.
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