Omniab Inc Stock Analysis

OABI Stock  USD 3.92  0.07  1.82%   
OmniAb Inc is undervalued with Real Value of 5.48 and Target Price of 10.0. The main objective of OmniAb stock analysis is to determine its intrinsic value, which is an estimate of what OmniAb Inc is worth, separate from its market price. There are two main types of OmniAb's stock analysis: fundamental analysis and technical analysis.
The OmniAb stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and OmniAb's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OmniAb Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

OmniAb Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.63. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. OmniAb Inc recorded a loss per share of 0.62. The entity had not issued any dividends in recent years. OmniAb, Inc., a biotechnology company, provides therapeutic antibody discovery technologies in the United States. The company was founded in 2012 and is headquartered in Emeryville, California. Amniab operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 74 people. To find out more about OmniAb Inc contact Matthew Foehr at 510 250 7800 or learn more at https://www.omniab.com.

OmniAb Quarterly Total Revenue

4.17 Million

OmniAb Inc Investment Alerts

OmniAb Inc generated a negative expected return over the last 90 days
OmniAb Inc currently holds 25.56 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. OmniAb Inc has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about OmniAb's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 34.16 M. Net Loss for the year was (50.62 M) with profit before overhead, payroll, taxes, and interest of 59.08 M.
About 69.0% of OmniAb shares are owned by institutional investors
Latest headline from simplywall.st: OmniAb, Inc. Just Reported And Analysts Have Been Cutting Their Estimates

OmniAb Inc Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to OmniAb previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of April 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
4th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

OmniAb Largest EPS Surprises

Earnings surprises can significantly impact OmniAb's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-12
2024-09-30-0.14-0.16-0.0214 
2023-11-09
2023-09-30-0.14-0.16-0.0214 
2024-05-09
2024-03-31-0.16-0.19-0.0318 
View All Earnings Estimates

OmniAb Environmental, Social, and Governance (ESG) Scores

OmniAb's ESG score is a quantitative measure that evaluates OmniAb's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of OmniAb's operations that may have significant financial implications and affect OmniAb's stock price as well as guide investors towards more socially responsible investments.

OmniAb Stock Institutional Investors

Shares
State Street Corp2024-06-30
M
First Sabrepoint Capital Management Lp2024-09-30
1.7 M
Villere St Denis J & Co Llc2024-09-30
1.5 M
Orchard Capital Management, Llc2024-06-30
1.4 M
Adar1 Capital Management Llc2024-09-30
1.3 M
Millennium Management Llc2024-06-30
M
Kornitzer Capital Management Inc2024-09-30
898.8 K
Northern Trust Corp2024-09-30
837.3 K
Kent Lake Capital Llc2024-06-30
800 K
Avista Capital Holdings Lp2024-09-30
15.8 M
Hhg Plc2024-06-30
7.9 M
Note, although OmniAb's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

OmniAb Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 474.37 M.

OmniAb Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.37)(0.39)
Return On Capital Employed(0.20)(0.21)
Return On Assets(0.13)(0.14)
Return On Equity(0.16)(0.17)

Management Efficiency

OmniAb Inc has return on total asset (ROA) of (0.1376) % which means that it has lost $0.1376 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2045) %, meaning that it created substantial loss on money invested by shareholders. OmniAb's management efficiency ratios could be used to measure how well OmniAb manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.39. The current Return On Capital Employed is estimated to decrease to -0.21. As of now, OmniAb's Other Assets are increasing as compared to previous years. The OmniAb's current Intangibles To Total Assets is estimated to increase to 0.87, while Total Assets are projected to decrease to under 364.9 M.
Last ReportedProjected for Next Year
Book Value Per Share 3.16  2.23 
Tangible Book Value Per Share 0.75  0.79 
Enterprise Value Over EBITDA(12.55)(13.18)
Price Book Value Ratio 1.96  3.58 
Enterprise Value Multiple(12.55)(13.18)
Price Fair Value 1.96  3.58 
Enterprise ValueB899.5 M
OmniAb's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Operating Margin
(4.74)
Beta
0.443
Return On Assets
(0.14)
Return On Equity
(0.20)

Technical Drivers

As of the 25th of November, OmniAb holds the Variance of 7.05, risk adjusted performance of 9.0E-4, and Coefficient Of Variation of (12,258). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OmniAb, as well as the relationship between them.

OmniAb Inc Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. OmniAb middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for OmniAb Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

OmniAb Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific OmniAb insiders, such as employees or executives, is commonly permitted as long as it does not rely on OmniAb's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases OmniAb insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Kurt Gustafson over three months ago
Acquisition by Kurt Gustafson of 23254 shares of OmniAb subject to Rule 16b-3
 
Cochran Jennifer R. over three months ago
Disposition of 1896 shares by Cochran Jennifer R. of OmniAb subject to Rule 16b-3
 
Love Steven over three months ago
Acquisition by Love Steven of 80000 shares of OmniAb at 4.51 subject to Rule 16b-3
 
Avista Capital Managing Member V, Llc over three months ago
Disposition of 59557 shares by Avista Capital Managing Member V, Llc of OmniAb at 3.75 subject to Rule 16b-3
 
Avista Capital Managing Member V, Llc over three months ago
Disposition of 40000 shares by Avista Capital Managing Member V, Llc of OmniAb at 4.19 subject to Rule 16b-3
 
Matthew Foehr over three months ago
Disposition of 18644 shares by Matthew Foehr of OmniAb at 3.68 subject to Rule 16b-3
 
Avista Capital Managing Member V, Llc over three months ago
Disposition of 20000 shares by Avista Capital Managing Member V, Llc of OmniAb subject to Rule 16b-3
 
Matthew Foehr over six months ago
Acquisition by Matthew Foehr of 240000 shares of OmniAb at 4.416 subject to Rule 16b-3
 
Berkman Charles S over six months ago
Acquisition by Berkman Charles S of 17556 shares of OmniAb subject to Rule 16b-3
 
Berkman Charles S over six months ago
Disposition of 6954 shares by Berkman Charles S of OmniAb at 5.27 subject to Rule 16b-3
 
Berkman Charles S over six months ago
Disposition of 13541 shares by Berkman Charles S of OmniAb subject to Rule 16b-3
 
Kurt Gustafson over six months ago
Disposition of 11849 shares by Kurt Gustafson of OmniAb at 5.46 subject to Rule 16b-3

OmniAb Outstanding Bonds

OmniAb issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. OmniAb Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most OmniAb bonds can be classified according to their maturity, which is the date when OmniAb Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

OmniAb Predictive Daily Indicators

OmniAb intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of OmniAb stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

OmniAb Corporate Filings

13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
12th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
1st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
8th of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
12th of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
2nd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
1st of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
27th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

OmniAb Forecast Models

OmniAb's time-series forecasting models are one of many OmniAb's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary OmniAb's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About OmniAb Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how OmniAb prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling OmniAb shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as OmniAb. By using and applying OmniAb Stock analysis, traders can create a robust methodology for identifying OmniAb entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(1.88)(1.98)
Operating Profit Margin(2.03)(2.13)
Net Loss(1.48)(1.56)
Gross Profit Margin 0.43  0.63 

Current OmniAb Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. OmniAb analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. OmniAb analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
10.0Strong Buy8Odds
OmniAb Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most OmniAb analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OmniAb stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OmniAb Inc, talking to its executives and customers, or listening to OmniAb conference calls.
OmniAb Analyst Advice Details

OmniAb Stock Analysis Indicators

OmniAb Inc stock analysis indicators help investors evaluate how OmniAb stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading OmniAb shares will generate the highest return on investment. By understating and applying OmniAb stock analysis, traders can identify OmniAb position entry and exit signals to maximize returns.
Begin Period Cash Flow33.8 M
Common Stock Shares Outstanding99.7 M
Total Stockholder Equity314.6 M
Tax Provision-5 M
Property Plant And Equipment Net38.1 M
Cash And Short Term Investments87 M
Cash16.4 M
Accounts Payable4.4 M
Net Debt9.2 M
50 Day M A4.1362
Total Current Liabilities23.1 M
Other Operating Expenses103.6 M
Non Current Assets Total280.3 M
Non Currrent Assets Other2.7 M
Stock Based Compensation24.8 M

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When running OmniAb's price analysis, check to measure OmniAb'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 OmniAb is operating at the current time. Most of OmniAb's value examination focuses on studying past and present price action to predict the probability of OmniAb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OmniAb's price. Additionally, you may evaluate how the addition of OmniAb to your portfolios can decrease your overall portfolio volatility.
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