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Omnicell (OMCL) Catches Eye: Stock Jumps 8.2%

Zacks Equity Research

Omnicell, Inc. OMCL was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $68.61 –$92.21 in the past one-month time frame, witnessed a sharp increase yesterday.

The stock gained following news that Northern Arizona Healthcare has inked a 10-year, source agreement with the company, leveraging Omnicell’s industry-leading automation solutions.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Omnicell currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

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Omnicell, Inc. Price

Omnicell, Inc. Price
Omnicell, Inc. Price

Omnicell, Inc. price | Omnicell, Inc. Quote

Investors interested in the Medical Info Systems industry may consider Cerner Corporation CERN, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is OMCL going up? Or down? Predict to see what others think:Up or Down

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Cerner Corporation (CERN) : Free Stock Analysis Report
 
Omnicell, Inc. (OMCL) : Free Stock Analysis Report
 
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