Market Insight: Owens & Minor, Inc. (OMI)’s Notable Drop, Closing at 13.31

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In the latest session, Owens & Minor, Inc. (NYSE: OMI) closed at $13.31 down -0.75% from its previous closing price of $13.41. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 0.75 million shares were traded. OMI stock price reached its highest trading level at $13.81 during the session, while it also had its lowest trading level at $13.28.

Ratios:

For a deeper understanding of Owens & Minor, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.13. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1026149056 and an Enterprise Value of 3162919680. 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 1.19. Its current Enterprise Value per Revenue stands at 0.3 whereas that against EBITDA is 5.314.

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 -10.42%, while the 200-Day Moving Average is calculated to be -28.76%.

Shares Statistics:

For the past three months, OMI has traded an average of 947.50K shares per day and 673490 over the past ten 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 93.48% stake in the company. Shares short for OMI as of 1728950400 were 4622017 with a Short Ratio of 4.88, compared to 1726185600 on 6553180. Therefore, it implies a Short% of Shares Outstanding of 4622017 and a Short% of Float of 10.5299994.

Dividends & Splits

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

Earnings Estimates

The current rating of Owens & Minor, Inc. (OMI) is the result of assessments by 7.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.63, with high estimates of $0.65 and low estimates of $0.59.

Analysts are recommending an EPS of between $1.67 and $1.55 for the fiscal current year, implying an average EPS of $1.59. EPS for the following year is $1.93, with 7.0 analysts recommending between $2.08 and $1.8.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $2.68B this quarter.It ranges from a high estimate of $2.7B to a low estimate of $2.63B. As of the current estimate, Owens & Minor, Inc.’s year-ago sales were $2.59BFor the next quarter, 6 analysts are estimating revenue of $2.74B. There is a high estimate of $2.78B for the next quarter, whereas the lowest estimate is $2.7B.

A total of 7 analysts have provided revenue estimates for OMI’s current fiscal year. The highest revenue estimate was $10.77B, while the lowest revenue estimate was $10.61B, resulting in an average revenue estimate of $10.71B. In the same quarter a year ago, actual revenue was $10.33BBased on 7 analysts’ estimates, the company’s revenue will be $11.13B in the next fiscal year. The high estimate is $11.95B and the low estimate is $10.85B.

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