Omnicell Inc

Omnicell Inc Stock Forecast & Price Prediction

Live Omnicell Inc Stock (OMCL) Price
$42.39

8

Ratings

  • Buy 5
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$42.39

P/E Ratio

-94.20

Volume Traded Today

$330,600

Dividend

Dividends not available for OMCL

52 Week High/low

46.05/25.12

Omnicell Inc Market Cap

$1.95B

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OMCL Summary

Based on ratings from 8 stock analysts, the Omnicell Inc stock price is expected to increase by 4.98% in 12 months. This is calculated by using the average 12-month stock price forecast for Omnicell Inc. The lowest target is $30 and the highest is $61. Please note analyst price targets are not guaranteed and could be missed completely.

OMCL Analyst Ratings

OMCL is a stock in Healthcare which has been forecasted to be worth $44.5 as an average. On the higher end, the forecast price is $61 USD by from Wells Fargo and on the lower end OMCL is forecasted to be $30 by Stan Berenshteyn from Wells Fargo.

OMCL stock forecast by analyst

These are the latest 20 analyst ratings of OMCL.

Analyst/Firm

Rating

Price Target

Change

Date

Anne Samuel
JP Morgan

Neutral

$37

Maintains

Aug 23, 2024
Allen Lutz
B of A Securities

Buy

$44

Maintains

Aug 2, 2024
Stephanie Davis
Barclays

Equal-Weight

$39

Upgrade

Aug 2, 2024
Stan Berenshteyn
Wells Fargo

Equal-Weight

$30

Maintains

Aug 2, 2024
Bill Sutherland
Benchmark

Buy

$38

Reiterates

Jul 15, 2024
Bill Sutherland
Benchmark

Buy

$38

Reiterates

May 3, 2024
Bill Sutherland
Benchmark

Buy

$38

Reiterates

Apr 30, 2024
Stan Berenshteyn
Wells Fargo

Equal-Weight

$26

Maintains

Feb 9, 2024
Bill Sutherland
Benchmark

Buy

$38

Maintains

Feb 9, 2024
David Larsen
BTIG

Neutral


Downgrade

Nov 3, 2023
Stan Berenshteyn
Wells Fargo

Equal-Weight

$28

Upgrade

Nov 3, 2023
Sean Wieland
Piper Sandler

Overweight

$39

Upgrade

Nov 3, 2023
Scott Schoenhaus
Keybanc

Sector Weight


Downgrade

Oct 11, 2023
Bill Sutherland
Benchmark

Buy

$70

Maintains

Oct 3, 2023
Stan Berenshteyn
Wells Fargo

Underweight

$39

Maintains

Sep 26, 2023

Keybanc

Overweight


Maintains

Aug 4, 2023

Benchmark

Buy


Reiterates

Aug 2, 2023

Piper Sandler

Neutral


Downgrade

Aug 2, 2023

Benchmark

Buy


Reiterates

Jul 31, 2023
Stan Berenshteyn
Wells Fargo

Underweight

$56

Downgrade

Jul 20, 2023

OMCL Company Information

What They Do: Provides medication management solutions for healthcare.

Business Model: The company generates revenue by offering a range of medication management and adherence solutions, including automated dispensing systems, central pharmacy automation, and patient engagement tools. Their products are designed to improve efficiency and safety in medication handling across healthcare systems and pharmacies.

Other Information: Omnicell, Inc. serves both the U.S. and international markets and has a strong focus on enhancing clinician workflows and medication adherence. Founded in 1992 and headquartered in Fort Worth, Texas, the company has evolved from its original name, Omnicell Technologies, Inc., to reflect its broader service offerings.
OMCL
Omnicell Inc (OMCL)

When did it IPO

2001

Staff Count

3,630

Country

United States

Sector/Industry

Healthcare/Health Information Services

CEO

Mr. Randall A. Lipps

Market Cap

$1.95B

Omnicell Inc (OMCL) Financial Data

In 2023, OMCL generated $1.15B in revenue, which was a decrease of -11.48% from the previous year. This can be seen as a signal that OMCL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$892.2M

Revenue From 2021

$1.13B

26.88 %
From Previous Year

Revenue From 2022

$1.30B

14.48 %
From Previous Year

Revenue From 2023

$1.15B

-11.48 %
From Previous Year
  • Revenue TTM $1.08B
  • Operating Margin TTM 1.2%
  • Gross profit TTM $496.8M
  • Return on assets TTM -1.0%
  • Return on equity TTM -1.8%
  • Profit Margin -1.9%
  • Book Value Per Share 26.15%
  • Market capitalisation $1.95B
  • Revenue for 2021 $1.13B
  • Revenue for 2022 $1.30B
  • Revenue for 2023 $1.15B
  • EPS this year (TTM) $-0.46

Omnicell Inc (OMCL) Latest News

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Omnicell has appointed Nnamdi Njoku as Executive Vice President and Chief Operating Officer, a move that may influence the company's operational strategies.

Why It Matters - Nnamdi Njoku's appointment as COO may impact Omnicell's operational efficiency and strategic direction, influencing investor confidence and potential stock performance.

News Image

Wed, 11 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Omnicell is positioned for growth in future quarters due to advancements in its Autonomous Pharmacy initiative.

Why It Matters - Omnicell's progress towards the Autonomous Pharmacy goal indicates potential revenue growth, which could enhance its market position and attract investor interest.

News Image

Wed, 28 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Omnicell (OMCL) shares are rising, supported by positive earnings estimate revisions, suggesting potential continued upward movement in the near term.

Why It Matters - Rising earnings estimates for Omnicell suggest potential stock price appreciation, indicating positive market sentiment and improved financial performance, which could attract more investors.

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Omnicell (OMCL) launched a subscription-based service, Central Med Automation Service, aimed at enhancing inventory visibility, scalability, and patient safety.

Why It Matters - Omnicell's new subscription service can enhance operational efficiency and safety in healthcare, potentially boosting revenues and market position, which is attractive for investors.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Omnicell has announced the launch of its Central Med Automation Service, aimed at enhancing medication management efficiency.

Why It Matters - Omnicell's launch of the Central Med Automation Service could enhance operational efficiency and reduce costs in healthcare, potentially driving revenue growth and impacting stock performance.

News Image

Thu, 15 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Omnicell will present at the 2024 Wells Fargo Healthcare Conference, providing potential insights into its business and industry trends.

Why It Matters - Omnicell's presentation at a prominent healthcare conference may signal strategic initiatives, potential partnerships, or innovation, influencing investor sentiment and stock performance.

...

OMCL Frequently asked questions

The highest forecasted price for OMCL is $61 from at Wells Fargo.

The lowest forecasted price for OMCL is $30 from Stan Berenshteyn from Wells Fargo

The OMCL analyst ratings consensus are 5 buy ratings, 3 hold ratings, and 0 sell ratings.