Equities analysts predict that Omnicell, Inc. (NASDAQ:OMCL) will announce $199.37 million in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Omnicell’s earnings. The lowest sales estimate is $198.75 million and the highest is $200.14 million. Omnicell posted sales of $182.62 million during the same quarter last year, which would indicate a positive year over year growth rate of 9.2%. The firm is scheduled to report its next quarterly earnings report on Thursday, April 25th.
According to Zacks, analysts expect that Omnicell will report full year sales of $892.30 million for the current year, with estimates ranging from $890.58 million to $894.45 million. For the next financial year, analysts anticipate that the company will post sales of $969.77 million, with estimates ranging from $936.68 million to $990.33 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that follow Omnicell.
Omnicell (NASDAQ:OMCL) last released its earnings results on Thursday, February 7th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.16. Omnicell had a net margin of 4.79% and a return on equity of 9.31%. The business had revenue of $211.75 million during the quarter, compared to the consensus estimate of $215.41 million. During the same quarter in the prior year, the firm posted $0.55 EPS. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year.
NASDAQ OMCL traded down $0.75 during mid-day trading on Friday, hitting $80.96. The company’s stock had a trading volume of 4,342 shares, compared to its average volume of 303,285. Omnicell has a twelve month low of $42.01 and a twelve month high of $86.87. The company has a current ratio of 1.94, a quick ratio of 1.45 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.35 billion, a P/E ratio of 52.94, a PEG ratio of 3.79 and a beta of 1.23.
In other news, EVP Nhat H. Ngo sold 1,823 shares of Omnicell stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $82.33, for a total transaction of $150,087.59. Following the sale, the executive vice president now directly owns 37,569 shares in the company, valued at approximately $3,093,055.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Peter J. Kuipers sold 1,044 shares of Omnicell stock in a transaction on Saturday, March 9th. The stock was sold at an average price of $44.34, for a total value of $46,290.96. Following the sale, the chief financial officer now owns 56,873 shares in the company, valued at $2,521,748.82. The disclosure for this sale can be found here. Insiders have sold a total of 80,772 shares of company stock worth $6,722,857 over the last quarter. Company insiders own 3.71% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc grew its holdings in shares of Omnicell by 27.9% during the third quarter. Vanguard Group Inc now owns 3,806,211 shares of the company’s stock worth $273,665,000 after purchasing an additional 830,338 shares in the last quarter. Vanguard Group Inc. lifted its position in Omnicell by 27.9% in the 3rd quarter. Vanguard Group Inc. now owns 3,806,211 shares of the company’s stock worth $273,665,000 after buying an additional 830,338 shares during the last quarter. Norges Bank bought a new stake in Omnicell in the 4th quarter worth approximately $12,125,000. Allianz Asset Management GmbH lifted its position in Omnicell by 518.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 124,170 shares of the company’s stock worth $8,928,000 after buying an additional 104,107 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in Omnicell by 45.2% in the 4th quarter. Stifel Financial Corp now owns 187,149 shares of the company’s stock worth $11,477,000 after buying an additional 58,273 shares during the last quarter. Institutional investors and hedge funds own 97.63% of the company’s stock.
Omnicell Company Profile
Omnicell, Inc provides medication and supply dispensing automation, central pharmacy automation, analytics software, and medication adherence solutions for the healthcare industry worldwide. It operates in two segments, Automation and Analytics, and Medication Adherence. The Automation and Analytics segment offers central pharmacy automation solutions, including automated storage and retrieval systems, such as XR2 Automated Central Pharmacy System, a building block of autonomous pharmacy vision; IV compounding robots and workflow management systems; inventory management software; and controlled substance management systems.
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