Opko Health Stock Today
| OPK Stock | USD 1.23 0.02 1.60% |
Performance9 of 100
| Odds Of DistressLess than 34
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Opko Health is selling for 1.23 as of the 24th of April 2024. This is a -1.6 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.23. Opko Health has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Opko Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 2nd of November 1995 | Category Healthcare | Classification Health Care |
OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company was founded in 1991 and is headquartered in Miami, Florida. The company has 696.99 M outstanding shares of which 93.61 M shares are now shorted by investors with about 7.45 days to cover. More on Opko Health
Moving together with Opko Stock
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Moving against Opko Stock
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Opko Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Opko Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Opko Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Chairman | Elias MD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | OPKO Health Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Diagnostics & Research, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Opko Health report their recommendations after researching Opko Health's financial statements, talking to executives and customers, or listening in on Opko Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Opko Health. The Opko consensus assessment is calculated by taking the average forecast from all of the analysts covering Opko Health. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Opko Health's historical financial statements, Opko Health is not in a good financial situation at this time. It has a very high odds of going through financial crisis in May. Financial strength of Opko Health is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Opko Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Opko Health's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Opko Health's financial leverage. It provides some insight into what part of Opko Health's total assets is financed by creditors.
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Opko Health (OPK) is traded on NASDAQ Exchange in USA. It is located in 4400 Biscayne Boulevard, Miami, FL, United States, 33137 and employs 3,930 people. Opko Health is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 871.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Opko Health's market, we take the total number of its shares issued and multiply it by Opko Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Opko Health runs under Biotechnology sector within Health Care industry. The entity has 696.99 M outstanding shares of which 93.61 M shares are now shorted by investors with about 7.45 days to cover.
Opko Health has about 210.46 M in cash with (28.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check Opko Health Probability Of Bankruptcy
Ownership AllocationOpko Health has a total of 696.99 Million outstanding shares. Opko Health has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Opko Ownership Details
Opko Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Opko Health jumping above the current price in 90 days from now is about 12.85%. The Opko Health probability density function shows the probability of Opko Health stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2405. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Opko Health will likely underperform. Additionally, opko Health has an alpha of 0.2767, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Opko Health to move above the current price in 90 days from now is about 12.85 (This Opko Health probability density function shows the probability of Opko Stock to fall within a particular range of prices over 90 days) .
Opko Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Opko Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Opko Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Opko Health's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 1.9 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.9 M | |
| Ing Investment Management Llc | 2023-12-31 | 1.7 M | |
| Portolan Capital Management, Llc | 2023-12-31 | 1.7 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.6 M | |
| Citigroup Inc | 2023-12-31 | 1.5 M | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 1.5 M | |
| Ubs Group Ag | 2023-12-31 | 1.4 M | |
| Point72 Asset Management, L.p. | 2023-09-30 | 1.2 M | |
| Vanguard Group Inc | 2023-12-31 | 39.8 M | |
| Blackrock Inc | 2023-12-31 | 37 M |
Opko Health Historical Income Statement
Opko Health Income Statement is one of the three primary financial statements used for reporting Opko's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Opko Health revenue and expense. Opko Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Opko Health's Income Tax Expense is quite stable compared to the past year. Selling General Administrative is expected to rise to about 316.8 M this year, although the value of EBIT is projected to rise to (150.2 M). View More FundamentalsOpko Stock Against Markets
Picking the right benchmark for Opko Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Opko Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Opko Health is critical whether you are bullish or bearish towards Opko Health at a given time. Please also check how Opko Health's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Opko Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Opko Health Corporate Directors
Opko Health corporate directors refer to members of an Opko Health board of directors. The board of directors generally takes responsibility for the Opko Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Opko Health's board members must vote for the resolution. The Opko Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dmitry Kolosov | Independent Director | Profile | |
| Richard Lerner | Independent Director | Profile | |
| Richard Pfenniger | Independent Director | Profile | |
| Thomas Beier | Director | Profile |
How to buy Opko Stock?
Before investing in Opko Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Opko Health. To buy Opko Health stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Opko Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Opko Health stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Opko Health stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Opko Health stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Opko Health, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Opko Stock please use our How to Invest in Opko Health guide.
Already Invested in Opko Health?
The danger of trading Opko Health is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Opko Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Opko Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Opko Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Opko Health is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Opko Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Opko Health Stock. Highlighted below are key reports to facilitate an investment decision about Opko Health Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opko Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Opko Stock please use our How to buy in Opko Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Opko Stock analysis
When running Opko Health's price analysis, check to measure Opko Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Opko Health is operating at the current time. Most of Opko Health's value examination focuses on studying past and present price action to predict the probability of Opko Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opko Health's price. Additionally, you may evaluate how the addition of Opko Health to your portfolios can decrease your overall portfolio volatility.
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Is Opko Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Opko Health. If investors know Opko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opko Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.191 | Earnings Share (0.25) | Revenue Per Share 1.149 | Quarterly Revenue Growth (0.02) | Return On Assets (0.05) |
The market value of Opko Health is measured differently than its book value, which is the value of Opko that is recorded on the company's balance sheet. Investors also form their own opinion of Opko Health's value that differs from its market value or its book value, called intrinsic value, which is Opko Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opko Health's market value can be influenced by many factors that don't directly affect Opko Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opko Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opko Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opko Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.