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.
The closing price of Owens & Minor, Inc (NYSE: OMI) was $9.71 for the day, up 4.18% from the previous closing price of $9.32. In other words, the price has increased by $4.18 from its previous closing price. On the day, 4.0 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 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:
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 1.33.
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 -14.80%, while the 200-Day Moving Average is calculated to be -30.80%.
Shares Statistics:
A total of 77.20M shares are outstanding, with a floating share count of 70.30M. Insiders hold about 8.99% of the company’s shares, while institutions hold 92.90% stake in the company.
