WallStreetZenWallStreetZen

How to Buy Option Care Health Stock

Option Care Health Inc

Option Care Health, Inc. offers home and alternate site infusion services in the United States.

Option Care Health stock last closed at $29.29, down 2.14% from the previous day, and has decreased 8.87% in one year. It has underperformed other stocks in the Medical Care Facilities industry by 0.12 percentage points. Option Care Health stock is currently +20.88% from its 52-week low of $24.23, and -18.05% from its 52-week high of $35.74.

There are currently 173.82M shares of OPCH outstanding. The market cap of OPCH is $5.09B. In the last 24 hours, 2.22M OPCH shares were traded.

How to Buy Option Care Health Stock

Not sure how to invest in Option Care Health stock? Here's how.
  1. Figure out where to buy Option Care Health stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Option Care Health stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your payment method and add your details.
  4. Analyze Option Care Health stock: The Option Care Health ticker symbol is OPCH. Is Option Care Health stock a good investment? Should you buy shares of OPCH? How do OPCH's underlying business fundamentals look? Do top analysts think Option Care Health is a good buy? Why has OPCH's stock price moved recently? (Hint: Our stock research tools can help you figure out if OPCH is a good stock to buy).
  5. Execute your OPCH trade: Decide if you will purchase OPCH shares at the current market price or use a limit order to buy OPCH stock at a given price.
  6. Get key alerts regarding your investment in OPCH: Create a watchlist to watch your new investment in Option Care Health shares.

Step 1: Figure out where to buy Option Care Health stock

You will need an online brokerage account in order to access the NASDAQ market and buy OPCH shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to world markets: From Technology to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal info so you are able to invest in OPCH today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to open your new brokerage account.
  1. Submit your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have opened your account on the best stock trading app, you can securely and quickly fund your account:

Watch this video walkthrough if you need help transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Option Care Health stock

Once you have decided on the best place to buy Option Care Health stock, it's critical to analyze their stock prior to investing, so you can comprehend the risk and upside.

Option Care Health Metrics

OPCH Price
$29.29
1w %
-5.21%
1y %
-8.87%
5y %
281.38%
P/E
19.14x
P/B
3.56x
P/S
1.15x
PEG
N/A
Revenue
$4.43B
Earnings
$272.67M
Fore. Rev. Growth
7.66%
Fore. Earn. Growth
-36.86%
Market Cap
$5.09B
Next Earnings
May 15, 2024
Next Dividend
N/A

OPCH Due Diligence Checks

WallStreetZen was built to help average investors do more accurate fundamental analysis.

You can see all of the due diligence checks on OPCH's stock page.

Is OPCH stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge OPCH's fair value.

Using relative valuations ratios:

  • OPCH may be undervalued based on its P/E ratio of 19.14x, relative to Medical Care Facilities industry P/E ratio of -0.78x
  • OPCH may be undervalued based on its P/B ratio of 3.56x, relative to Medical Care Facilities industry P/B ratio of 4.54x

You can access more valuation analysis on OPCH's stock here.

A look at OPCH Cashflows and Balance Sheet

Positive Health Checks:

  • OPCH earnings of $412.08M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the OPCH balance sheet.
  • OPCH profit margin has gone up from 3.9% to 6.2% in the past year.
  • Total OPCH debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • OPCH's operating cash flow of $212.76M allows it to safely service it's debt of $1.17B.
  • OPCH has a relatively high debt to equity ratio of 1.27.
  • There are more long-term liabilities than short-term assets on the OPCH balance sheet.

Is Option Care Health stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who research OPCH, the consensus analyst rating on OPCH is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Option Care Health stock forecast page.

OPCH Trading Indicators

SMA10
30.51
SMA20
31.28
SMA50
32.02
SMA100
32.02
SMA200
32.18
MACD
-0.6
MACD Signal
-0.44
MACD Histogram
-0.17
RSI
34.96
Stochastic %K
22.85
Stochastic %D
24.92
StochRSI %K
24.33
StochRSI %D
40.27

OPCH Earnings

Last year, OPCH earnings were $272.67M. Over the past 3 year, OPCH's earnings have gone up by 309.34% per year. This was faster than the Medical Care Facilities industry average of 18.81%.

Last year, OPCH revenue was $4.43B. During the past 5 year, OPCH's revenue has increased by 21.82% per year. This was faster than the Medical Care Facilities industry average of 7.68%.

You can analyze OPCH's earnings and revenue performance here.

What are OPCH executives and large shareholders up to?

Over the last year, executives and large shareholders at OPCH have sold more shares than they have bought.

Luke Whitworth, Chief Operating Officer of OPCH, was the latest OPCH insider to sell. They sold $44,402.82 worth of OPCH shares on Mar 9, 2024.

Get more info about who owns OPCH shares here.

Can I rely on OPCH as an income stream?

No, Option Care Health doesn't provide an income stream by paying out dividends.

What do other traders have to say about OPCH?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your OPCH trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Click the Open Trade button and eToro will place your order.

If you need additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your investment in OPCH

Now that you own some shares in OPCH, you'll want to stay up-to-date on your new investment.

Make a watchlist to get alerted to the latest events about your OPCH stock.

OPCH Feed

How to Buy Stock in Option Care Health

To summarize, here are the 6 steps for buying Option Care Health stock:

  1. Figure out where to buy Option Care Health stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Option Care Health stock
  5. Execute your OPCH trade
  6. Get key alerts regarding your investment in OPCH

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your investment in Option Care Health, hit the button below to create your watchlist.

NASDAQ: OPCH
$29.29-0.64 (-2.14%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: OPCH
$29.29-0.64 (-2.14%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Option Care Health share?

As of Apr 25, 2024, it costs $29.29 to buy one share of Option Care Health stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.341 shares of OPCH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Option Care Health stock?

According to 2 Wall Street analysts who monitor Option Care Health, their consensus recommendation is to buy Option Care Health stock.

What is the best way to buy Option Care Health stock?

One way to place an order for Option Care Health stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.