Currently, Omnicell Inc (NASDAQ:OMCL) has a Buy using the system of Louis Navellier for investing and his Portfolio Grader stock evaluator. This represents no change from the previous week and is the same ranking OMCL has had from Portfolio Grader for 2 months.
OMCL ranks in the top half of its industry group, Health Care Technology, and in the top quarter of its sector group, Health Care, with a market value of $2.0 billion.
The Health Care sector is ranked number 8 among the 12 sectors in the Portfolio Grader universe putting it in the third quartile of all the GICS sectors. The Health Care Technology industry group is ranked 38 among the 69 industry groups within the GICS sectors, placing it below-average in terms of the Navellier scoring system.
OMCL has realized above-average scores in 4 of the 8 fundamental metrics used by Portfolio Grader and average or below-average grades in 4 of the areas used in the ranking of company stocks.
The company's operational scores are below the industry norms for sales growth, operating margin, and earnings growth. Scores for visibility of earnings are superior with a ranking for earnings revisions, earnings surprises and earnings momentum that are discernibly better than average. OMCL's grade for cash flow is better than its industry group average but its ranking for return on equity is below-average. Based on these fundamental scores, Omnicell places in the top half of the industry group.
Quantitatively, Portfolio Grader uses the Navellier Proprietary Quantitative Score to view OMCL's shares from the aspect of risk/reward. This exclusive scoring approach weighs the relative value of OMCL's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Using this risk/reward calculation, the company currently scores well above-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.