Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Owens & Minor, Inc (NYSE: OMI) closed the day trading at $9.23 down -35.18% from the previous closing price of $14.24. In other words, the price has decreased by -$35.18 from its previous closing price. On the day, 6.08 million shares were traded. OMI stock price reached its highest trading level at $13.0 during the session, while it also had its lowest trading level at $8.76.
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 12.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 185.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 2.44.
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 the company, Citigroup on July 19, 2024, Upgraded its rating to Buy and sets its target price to $19 from $24 previously.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $24.
On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $21.Barclays initiated its Equal Weight rating on January 03, 2024, with a $21 target price.
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 Nov 21 ’24 when Leon Jonathan A sold 5,282 shares for $11.82 per share. The transaction valued at 62,433 led to the insider holds 130,822 shares of the business.
Leon Jonathan A bought 5,282 shares of OMI for $62,433 on Nov 21 ’24. On Nov 18 ’24, another insider, Sarkar Snehashish, who serves as the Chief Information Officer of the company, sold 2,055 shares for $12.26 each. As a result, the insider received 25,194 and left with 55,886 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 711716032 and an Enterprise Value of 2839278848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.266 whereas that against EBITDA is 4.875.
Stock Price History:
The Beta on a monthly basis for OMI is 0.48, which has changed by -0.28657317 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, OMI has reached a high of $28.35, while it has fallen to a 52-week low of $11.42. The 50-Day Moving Average of the stock is -32.43%, while the 200-Day Moving Average is calculated to be -40.33%.
Shares Statistics:
Over the past 3-months, OMI traded about 634.38K shares per day on average, while over the past 10 days, OMI traded about 388870 shares per day. A total of 77.06M shares are outstanding, with a floating share count of 70.18M. Insiders hold about 8.99% of the company’s shares, while institutions hold 95.51% stake in the company. Shares short for OMI as of 1736899200 were 4445707 with a Short Ratio of 7.01, compared to 1734048000 on 3838970. Therefore, it implies a Short% of Shares Outstanding of 4445707 and a Short% of Float of 10.12.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.49.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 5.0 analysts currently analyzing and rating the stock of Owens & Minor, Inc (OMI).The consensus estimate for the next quarter is $0.29, with high estimates of $0.4 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.53 and $1.49 for the fiscal current year, implying an average EPS of $1.51. EPS for the following year is $1.82, with 6.0 analysts recommending between $2.08 and $1.58.
Revenue Estimates
5 analysts predict $2.7B in revenue for the current quarter. It ranges from a high estimate of $2.74B to a low estimate of $2.68B. As of the current estimate, Owens & Minor, Inc’s year-ago sales were $2.66BFor the next quarter, 5 analysts are estimating revenue of $2.69B. There is a high estimate of $2.72B for the next quarter, whereas the lowest estimate is $2.66B.
A total of 5 analysts have provided revenue estimates for OMI’s current fiscal year. The highest revenue estimate was $10.75B, while the lowest revenue estimate was $10.68B, resulting in an average revenue estimate of $10.7B. In the same quarter a year ago, actual revenue was $10.33BBased on 6 analysts’ estimates, the company’s revenue will be $11.12B in the next fiscal year. The high estimate is $11.6B and the low estimate is $10.95B.
