Omega Protein (OME) Upgraded to Buy by ValuEngine
ValuEngine upgraded shares of Omega Protein (NYSE:OME) from a hold rating to a buy rating in a research report report published on Friday.
Omega Protein (NYSE:OME) traded up $0.05 during trading on Friday, reaching $22.00. 305,478 shares of the company traded hands, compared to its average volume of 563,623. Omega Protein has a 12-month low of $14.50 and a 12-month high of $26.99. The firm has a market cap of $493.41, a P/E ratio of 22.17 and a beta of 0.28.
Omega Protein (NYSE:OME) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.22). The business had revenue of $90.30 million during the quarter, compared to analyst estimates of $96.65 million. Omega Protein had a return on equity of 6.48% and a net margin of 5.45%. The business’s revenue was down 17.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 EPS.
Omega Protein Company Profile
Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products. The Company operates through two segments: animal nutrition and human nutrition. The Company’s animal nutrition segment consists of two subsidiaries: Omega Protein, Inc (Omega Protein) and Omega Shipyard, Inc (Omega Shipyard).
Receive News & Stock Ratings for Omega Protein Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Protein Corporation and related stocks with our FREE daily email newsletter.