The Fundamental Facts on Omega Protein Corporation (OME)

Omega Protein Corporation (NYSE:OME) is one of the active stocks and its unusual movement is raising eyebrows among traders. Now trading with a market value of 493.92M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

Omega Protein Corporation (NYSE:OME) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For OME, the company currently has 9.97 million of cash on the books, which is offset by 1.88 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 432.18 million in total assets, balanced by 83.45 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

Omega Protein Corporation (OME) saw -12.94 million in free cash flow last quarter, representing a quarterly net change in cash of -13.62 million. Perhaps most importantly where cash movements are concerned, the company saw about 604,000 in net operating cash flow.

Omega Protein Corporation (NYSE:OME) Revenue Growth Potential

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 93.92 million in total revenues. That represents a quarterly year/year change in revenues of -0.17 in sequential terms, the OME saw sales decline by 0.28.

But what about the bottom line? After all, that’s what really matters in the end. Omega Protein Corporation (OME) is intriguing when broken down to its core data. The cost of selling goods last quarter was 71.42 million, yielding a gross basic income of 22.51 million. For shareholders, given the total diluted outstanding shares of 22.42 million, this means overall earnings per share of 0.32.

Is Omega Protein Corporation (NYSE:OME) Valuation Attractive

We consider a median price to earnings ratio on the stock, that corresponds with a stock price of 14.21. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Omega Protein Corporation.

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