Brokerages Set Option Care Health, Inc. (NASDAQ:OPCH) Target Price at $29.92

Shares of Option Care Health, Inc. (NASDAQ:OPCH) have been assigned a consensus rating of “Moderate Buy” from the fourteen research firms that are covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $29.9231.

Several equities research analysts have recently issued reports on OPCH shares. The Goldman Sachs Group assumed coverage on shares of Option Care Health in a research report on Monday, June 8th. They set a “neutral” rating and a $22.00 price objective on the stock. UBS Group reissued a “buy” rating on shares of Option Care Health in a research note on Tuesday, June 16th. Wall Street Zen upgraded shares of Option Care Health from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Weiss Ratings raised Option Care Health from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday. Finally, Stephens restated an “equal weight” rating and set a $24.00 price objective (down from $30.00) on shares of Option Care Health in a report on Friday, July 17th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Durable Capital Partners LP boosted its position in Option Care Health by 134.2% during the second quarter. Durable Capital Partners LP now owns 8,237,577 shares of the company’s stock valued at $267,557,000 after purchasing an additional 4,720,988 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Option Care Health by 12.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 6,958,800 shares of the company’s stock valued at $221,707,000 after purchasing an additional 752,058 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Option Care Health by 6.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,248,425 shares of the company’s stock valued at $135,355,000 after purchasing an additional 247,118 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Option Care Health by 0.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,876,856 shares of the company’s stock worth $104,368,000 after purchasing an additional 36,208 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in shares of Option Care Health by 1,942.1% during the second quarter. California State Teachers Retirement System now owns 3,762,039 shares of the company’s stock worth $78,890,000 after buying an additional 3,577,818 shares during the period. 98.05% of the stock is currently owned by hedge funds and other institutional investors.

Option Care Health Price Performance

OPCH opened at $23.48 on Thursday. Option Care Health has a 52-week low of $18.01 and a 52-week high of $36.80. The stock has a market capitalization of $3.52 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 1.36 and a beta of 0.61. The stock’s 50 day moving average price is $23.03 and its 200-day moving average price is $24.45. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.98 and a current ratio of 1.47.

Option Care Health (NASDAQ:OPCH) last announced its earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. Option Care Health had a net margin of 3.68% and a return on equity of 18.74%. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm earned $0.41 earnings per share. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. Option Care Health has set its FY 2026 guidance at 1.850-1.920 EPS. On average, equities research analysts predict that Option Care Health will post 1.69 EPS for the current year.

About Option Care Health

Option Care Health, Inc is a provider of home and alternate-site infusion services in the United States. The company works with patients, physicians, hospitals, health plans and pharmaceutical manufacturers to deliver infusion therapy outside traditional hospital settings, including in patients’ homes, ambulatory infusion centers and other outpatient locations.

Its services include pharmacy and nursing support for intravenous and subcutaneous therapies, care coordination, patient education, clinical monitoring and reimbursement assistance.