28,363 Shares in Option Care Health, Inc. $OPCH Bought by Empirical Finance LLC

Empirical Finance LLC purchased a new stake in Option Care Health, Inc. (NASDAQ:OPCH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,363 shares of the company’s stock, valued at approximately $595,000.

Several other large investors have also bought and sold shares of the stock. Nykredit A S purchased a new position in Option Care Health during the 2nd quarter worth $56,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Option Care Health in the second quarter valued at about $544,000. California State Teachers Retirement System raised its holdings in shares of Option Care Health by 1,942.1% in the second quarter. California State Teachers Retirement System now owns 3,762,039 shares of the company’s stock valued at $78,890,000 after purchasing an additional 3,577,818 shares during the last quarter. Paralel Advisors LLC bought a new position in shares of Option Care Health during the second quarter valued at about $1,800,000. Finally, Wedmont Private Capital bought a new position in shares of Option Care Health during the second quarter valued at about $250,000. 98.05% of the stock is currently owned by institutional investors.

Option Care Health Price Performance

Shares of NASDAQ:OPCH opened at $23.63 on Friday. The company’s 50-day moving average is $23.00 and its 200 day moving average is $24.46. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.98 and a current ratio of 1.47. The company has a market capitalization of $3.54 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. Option Care Health, Inc. has a fifty-two week low of $18.01 and a fifty-two week high of $36.80.

Option Care Health (NASDAQ:OPCH) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business earned $0.41 earnings per share. The firm’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 forecast that Option Care Health, Inc. will post 1.69 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on OPCH. Zacks Research raised shares of Option Care Health from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Stephens reissued an “equal weight” rating and set a $24.00 target price (down from $30.00) on shares of Option Care Health in a research report on Friday, July 17th. Weiss Ratings downgraded Option Care Health from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 27th. The Goldman Sachs Group started coverage on Option Care Health in a report on Monday, June 8th. They issued a “neutral” rating and a $22.00 target price for the company. Finally, Wall Street Zen raised Option Care Health from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $29.92.

About Option Care Health

Option Care Health (NASDAQ: OPCH) is a leading provider of home and alternate site infusion services in the United States. The company specializes in the administration of injectable therapies, including antibiotics, nutrition, hydration, immunoglobulin, pain management and specialty pharmaceuticals. Through its nationwide network of infusion pharmacies and nursing professionals, Option Care Health delivers customized care plans and in-home nursing visits to patients managing complex or chronic conditions outside of a hospital setting.

Option Care Health traces its current structure to the completion of its merger with BioScrip in early 2021, combining two of the industry’s most experienced home infusion businesses.