Trade-Ideas: Omega Healthcare Investors (OHI) Is Today's Pre-Market Mover With Heavy Volume Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Omega Healthcare Investors ( OHI) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Omega Healthcare Investors as such a stock due to the following factors:

  • OHI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $33.2 million.
  • OHI traded 113,623 shares today in the pre-market hours as of 9:18 AM, representing 10.3% of its average daily volume.

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More details on OHI:

Omega Healthcare Investors, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in healthcare facilities, principally long-term healthcare facilities in the United States. The stock currently has a dividend yield of 6.3%. OHI has a PE ratio of 22.1. Currently there is 1 analyst that rates Omega Healthcare Investors a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Omega Healthcare Investors has been 1.2 million shares per day over the past 30 days. Omega Healthcare Investors has a market cap of $3.5 billion and is part of the financial sector and real estate industry. Shares are up 24.4% year to date as of the close of trading on Monday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Omega Healthcare Investors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from the ratings report include:
  • The revenue growth came in higher than the industry average of 10.7%. Since the same quarter one year prior, revenues rose by 22.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Real Estate Investment Trusts (REITs) industry and the overall market, OMEGA HEALTHCARE INVS INC's return on equity exceeds that of both the industry average and the S&P 500.
  • The gross profit margin for OMEGA HEALTHCARE INVS INC is rather high; currently it is at 63.15%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 47.84% significantly outperformed against the industry average.
  • Net operating cash flow has increased to $63.73 million or 41.99% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 5.48%.
  • Powered by its strong earnings growth of 44.82% and other important driving factors, this stock has surged by 30.41% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, OHI should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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