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.
The closing price of Owens & Minor, Inc (NYSE: OMI) was $9.54 for the day, down -1.24% from the previous closing price of $9.66. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 1.4 million shares were traded.
Ratios:
Our analysis of OMI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 3.95 whereas as Long-Term Debt/Eq ratio is at 3.71.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’25 when Coliseum Capital Management, L bought 1,738,511 shares for $9.39 per share. The transaction valued at 16,324,618 led to the insider holds 9,469,698 shares of the business.
Coliseum Capital Management, L bought 800,000 shares of OMI for $7,800,000 on Mar 04 ’25. The 10% Owner now owns 10,624,599 shares after completing the transaction at $9.75 per share. On Mar 03 ’25, another insider, Coliseum Capital Management, L, who serves as the 10% Owner of the company, bought 354,901 shares for $9.19 each. As a result, the insider paid 3,261,540 and bolstered with 9,824,599 shares of the company.
Valuation Measures:
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 1.30.
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 $6.07. The 50-Day Moving Average of the stock is -14.18%, while the 200-Day Moving Average is calculated to be -30.91%.
Shares Statistics:
A total of 77.20M shares are outstanding, with a floating share count of 69.23M. Insiders hold about 10.38% of the company’s shares, while institutions hold 100.68% stake in the company.
