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In the latest session, Owens & Minor, Inc. (NYSE: OMI) closed at $16.17 down -4.71% from its previous closing price of $16.97. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 1.37 million shares were traded. OMI stock price reached its highest trading level at $17.23 during the session, while it also had its lowest trading level at $15.8.
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 4.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.72 whereas as Long-Term Debt/Eq ratio is at 2.48.
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 this company, Leerink Partners on February 26, 2024, initiated with a Market Perform rating and assigned the stock a target price of $24.
On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $21.
Citigroup Downgraded its Buy to Neutral on October 13, 2022, whereas the target price for the stock was revised from $52 to $18.
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 Jun 06 ’24 when Bernocchi Perry A sold 20,015 shares for $17.49 per share. The transaction valued at 350,003 led to the insider holds 129,520 shares of the business.
Beck Mark A sold 9,344 shares of OMI for $161,184 on Jun 05 ’24. The Director now owns 11,154 shares after completing the transaction at $17.25 per share. On Jun 04 ’24, another insider, Sarkar Snehashish, who serves as the EVP, Chief Information Officer of the company, sold 9,980 shares for $17.32 each. As a result, the insider received 172,854 and left with 59,137 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 1236993664 and an Enterprise Value of 3422117376. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 0.328 whereas that against EBITDA is 5.696.
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 $13.64. The 50-Day Moving Average of the stock is -19.28%, while the 200-Day Moving Average is calculated to be -19.27%.
Shares Statistics:
For the past three months, OMI has traded an average of 716.58K shares per day and 1087480 over the past ten days. A total of 76.55M shares are outstanding, with a floating share count of 69.52M. Insiders hold about 9.13% of the company’s shares, while institutions hold 97.16% stake in the company. Shares short for OMI as of 1715731200 were 5529596 with a Short Ratio of 7.44, compared to 1713139200 on 5242991. Therefore, it implies a Short% of Shares Outstanding of 5529596 and a Short% of Float of 12.770000000000001.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.49.
