Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Owens & Minor, Inc. (NYSE: OMI) closed the day trading at $23.97 down -3.54% from the previous closing price of $24.85. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 0.6 million shares were traded. OMI stock price reached its highest trading level at $25.02 during the session, while it also had its lowest trading level at $23.885.
Ratios:
For a better understanding of OMI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 2.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Leerink Partners on February 26, 2024, initiated with a Market Perform rating and assigned the stock a target price of $24.
On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $21.
Citigroup Downgraded its Buy to Neutral on October 13, 2022, whereas the target price for the stock was revised from $52 to $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 27 ’24 when Lowry Michael Wayne sold 10,000 shares for $25.00 per share. The transaction valued at 250,000 led to the insider holds 71,654 shares of the business.
Leon Jonathan A sold 5,000 shares of OMI for $110,000 on Feb 20 ’24. The SVP, Corporate Treasurer now owns 75,713 shares after completing the transaction at $22.00 per share. On Feb 07 ’24, another insider, Galloway Heath H, who serves as the EVP,General Counsel & CorpSecy of the company, sold 97 shares for $19.91 each. As a result, the insider received 1,931 and left with 36,437 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OMI now has a Market Capitalization of 1836063616 and an Enterprise Value of 3998581760. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 0.387 whereas that against EBITDA is 6.862.
Stock Price History:
Over the past 52 weeks, OMI has reached a high of $28.35, while it has fallen to a 52-week low of $13.34. The 50-Day Moving Average of the stock is -2.11%, while the 200-Day Moving Average is calculated to be 21.39%.
Shares Statistics:
Over the past 3-months, OMI traded about 621.45K shares per day on average, while over the past 10 days, OMI traded about 433880 shares per day. A total of 76.55M shares are outstanding, with a floating share count of 69.19M. Insiders hold about 9.67% of the company’s shares, while institutions hold 96.12% stake in the company. Shares short for OMI as of 1711584000 were 5592187 with a Short Ratio of 9.00, compared to 1709164800 on 6007211. Therefore, it implies a Short% of Shares Outstanding of 5592187 and a Short% of Float of 12.879999999999999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.49.
Earnings Estimates
At present, Kinder Morgan, Inc. analysts are actively evaluating the performance of Owens & Minor, Inc. (OMI) in the stock market.The consensus estimate for the next quarter is $50.01, with high estimates of $29.96 and low estimates of $291.36.
Analysts are recommending an EPS of between $Real Estate and $Industrials for the fiscal current year, implying an average EPS of $Technology.
