Market Highlights: Owens & Minor, Inc. (OMI) Ends on a Low Note at 13.74

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The price of Owens & Minor, Inc. (NYSE: OMI) closed at $13.74 in the last session, down -1.93% from day before closing price of $14.01. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.72 million shares were traded. OMI stock price reached its highest trading level at $14.11 during the session, while it also had its lowest trading level at $13.7.

Ratios:

We take a closer look at OMI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.77 whereas as Long-Term Debt/Eq ratio is at 2.52.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 20 ’24 when Bruni Alexander J bought 3,384 shares for $15.93 per share.

Leon Jonathan A sold 7,500 shares of OMI for $118,725 on Aug 22 ’24. The SVP, Corp Treasurer, Intm CFO now owns 93,171 shares after completing the transaction at $15.83 per share. On Aug 22 ’24, another insider, Leon Jonathan A, who serves as the Officer of the company, bought 7,500 shares for $15.83 each.

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 1059301760 and an Enterprise Value of 3216887040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.305 whereas that against EBITDA is 5.405.

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 $12.36. The 50-Day Moving Average of the stock is -8.93%, while the 200-Day Moving Average is calculated to be -27.04%.

Shares Statistics:

According to the various share statistics, OMI traded on average about 977.55K shares per day over the past 3-months and 591240 shares per day over the past 10 days. A total of 76.55M shares are outstanding, with a floating share count of 68.43M. Insiders hold about 11.24% of the company’s shares, while institutions hold 93.42% stake in the company. Shares short for OMI as of 1727654400 were 4625161 with a Short Ratio of 4.73, compared to 1724976000 on 5703451. Therefore, it implies a Short% of Shares Outstanding of 4625161 and a Short% of Float of 10.5299994.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.49.

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