Should I buy or sell Owens & Minor stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OMI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMI, but not buy additional shares or sell existing shares. View OMI analyst ratings or view top-rated stocks .

What is Owens & Minor's stock price target for 2024?

8 brokerages have issued twelve-month price targets for Owens & Minor's shares. Their OMI share price targets range from $19.00 to $28.00. On average, they anticipate the company's stock price to reach $23.29 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts price targets for OMI or view top-rated stocks among Wall Street analysts .

How have OMI shares performed in 2024?

Owens & Minor's stock was trading at $19.27 at the beginning of 2024. Since then, OMI stock has increased by 24.9% and is now trading at $24.06. View the best growth stocks for 2024 here .

When is Owens & Minor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our OMI earnings forecast .

How were Owens & Minor's earnings last quarter?

Owens & Minor, Inc. (NYSE:OMI) announced its quarterly earnings data on Tuesday, February, 20th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.03. The firm had revenue of $2.66 billion for the quarter, compared to analysts' expectations of $2.67 billion. Owens & Minor had a negative net margin of 0.40% and a positive trailing twelve-month return on equity of 11.62%. The business's revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.28 EPS.

What ETFs hold Owens & Minor's stock?

ETFs with the largest weight of Owens & Minor (NYSE:OMI) stock in their portfolio include Pacer US Small Cap Cash Cows 100 ETF (CALF) , SPDR S&P Health Care Services ETF (XHS) , Invesco S&P SmallCap Health Care ETF (PSCH) , Invesco S&P SmallCap Value with Momentum ETF (XSVM) , Invesco S&P SmallCap 600 Pure Value ETF (RZV) , Invesco S&P SmallCap 600 Revenue ETF (RWJ) , EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Royce Quant Small-Cap Quality Value ETF (SQLV) .

What guidance has Owens & Minor issued on next quarter's earnings?

Owens & Minor updated its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of $1.40-$1.70 for the period, compared to the consensus estimate of $1.58. The company issued revenue guidance of $10.5-$10.9 billion, compared to the consensus revenue estimate of $10.67 billion.

What is Ed Pesicka's approval rating as Owens & Minor's CEO?

36 employees have rated Owens & Minor Chief Executive Officer Ed Pesicka on Glassdoor.com . Ed Pesicka has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Owens & Minor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens & Minor investors own include Advanced Micro Devices (AMD) , AT&T (T) , Pfizer (PFE) , AbbVie (ABBV) , Micron Technology (MU) , NVIDIA (NVDA) , Applied Materials (AMAT) , Enterprise Products Partners (EPD) , Johnson & Johnson (JNJ) and Cisco Systems (CSCO) .

Who are Owens & Minor's major shareholders?

Owens & Minor's stock is owned by many different retail and institutional investors. Top institutional shareholders include CWM LLC (0.02%), Heartwood Wealth Advisors LLC (0.01%), Allspring Global Investments Holdings LLC (0.00%), GAMMA Investing LLC (0.00%), Hexagon Capital Partners LLC (0.00%) and Riverview Trust Co (0.00%). Insiders that own company stock include Alexander J Bruni, Andrew G Long, Andrew G Long , Brad George, Christopher M Lowery, Edward A Pesicka , Gwendolyn M Bingham, Heath H Galloway, Jeffrey T Jochims, Jeffrey T Jochims , Jonathan A Leon , Lawrence Lacerte, Louis Emmanuel Castro, Mark P Zacur, Michael Wayne Lowry , Nicholas J Pace , Perry A Bernocchi, Robert J Henkel , Robert Weideman and Shana Carol Neal . View institutional ownership trends .

How do I buy shares of Owens & Minor?

Shares of OMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Owens & Minor have any subsidiaries?

The following companies are subsidiares of Owens & Minor: 500 Expressway Drive South LLC, 5nq, AVID Medical Inc., Access Diabetic Supply, Access Diabetic Supply L.L.C., Access Respiratory Supply Inc, Arabian Medical Products Manufacturing Company, ArcRoyal, ArcRoyal Holdings Unlimited Company, ArcRoyal Unlimited Company, Barista Acquisition I LLC, Barista Acquisition II LLC, Byram Healthcare Centers, Byram Healthcare Centers Inc., Byram Holdings I Inc., Clinical Care Services L.L.C., Cyrus Medical Systems, Diabetes Specialty Center L.L.C., Fusion 5 Inc., Halyard Health - S&IP, Halyard Malaysia SND BHD, Halyard North Carolina LLC, HealthCare Logistics Services, Key Diabetes Supply Co., La Ada de Acuna S. de R.L. de C.V., MAI Acquisition Corp., MIRA Medsource (Malaysia) SDN. BHD., McKesson's Acute-Care Medical, Medegen Newco LLC, Medical Action Industries, Medical Action Industries Inc., Medical Supply Group Inc., Mira MEDsource (Shanghai) Co. LTD, Mira MEDsource Holding Company Limited, Movianto, Nalvest Limited, O and M Halyard South Africa Pty Ltd, O&M Brasil Consultoria Ltda, O&M Byram Holdings GP, O&M Funding LLC, O&M Halyard Australia PTY LTD, O&M Halyard Belgium, O&M Halyard Canada Inc., O&M Halyard France, O&M Halyard Germany GmbH, O&M Halyard Health India Private Limited, O&M Halyard Honduras S.A. de C.V., O&M Halyard Inc., O&M Halyard International Unlimited Company, O&M Halyard Ireland Limited, O&M Halyard Japan GK, O&M Halyard Mexico S. de R.L. de C.V., O&M Halyard Netherlands B.V., O&M Halyard Singapore PTE Ltd, O&M Halyard UK Limited, O&M Healthcare Italia S.R.L., O&M International Healthcare C.V., O&M Worldwide LLC, OMSolutions International Inc., Owens & Minor Canada Inc., Owens & Minor Distribution Inc., Owens & Minor Global Resources LLC, Owens & Minor Global Services Unlimited Company, Owens & Minor Healthcare Supply Inc., Owens & Minor Inc., Owens & Minor Inc. Executive Deferred Compensation Trust, Owens & Minor International Logistics Inc., Owens & Minor International Unlimited Company, Owens & Minor Ireland Unlimited Company, Owens & Minor Jersey Holdings Limited, Owens & Minor Jersey Unlimited, Owens & Minor Medical Inc., Safeskin Medical & Scientific (Thailand) Ltd., Stuart Medical, and The Burrows Company. Read More

NYSE:OMI

Owens & Minor (OMI) Stock Price, News & Analysis

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$24.06

+0.09 (+0.38%)

(As of 04/18/2024 ET)

Compare

Today's Range: $23.82
▼
$24.42
50-Day Range: $21.09
▼
$27.95
52-Week Range: $13.34
▼
$28.35

Volume: 521,350 shs
Average Volume: 647,302 shs
Market Capitalization: $1.84 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $23.29

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Owens & Minor MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3.2% Downside
$23.29 Price Target
Short Interest: Bearish
8.08% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.52
Upright™ Environmental Score
News Sentiment: 0.45
Based on 3 Articles This Week
Insider Trading: Selling Shares
$250,000 Sold Last Quarter
Proj. Earnings Growth: 27.27%
From $1.54 to $1.96 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.73 out of 5 stars

Medical Sector

220th out of 918 stocks

Medical & Hospital Equipment Industry

3rd out of 3 stocks

2.0

Analyst's Opinion

Consensus Rating
Owens & Minor has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Owens & Minor has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
8.08% of the float of Owens & Minor has been sold short.
Short Interest Ratio / Days to Cover
Owens & Minor has a short interest ratio ("days to cover") of 8.5.
Change versus previous month
Short interest in Owens & Minor has recently increased by 2.38%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Owens & Minor does not currently pay a dividend.
Dividend Growth
Owens & Minor does not have a long track record of dividend growth.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Owens & Minor has received a 54.05% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Delivery of medicine and medical equipment", "Medical laboratory equipment", and "Diagnostic and treatment equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for Owens & Minor is -1.52.

1.9

News and Social Media Coverage

News Sentiment
Owens & Minor has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Owens & Minor this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for OMI on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.
MarketBeat Follows
4 people have added Owens & Minor to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Owens & Minor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $250,000.00 in company stock.
Percentage Held by Insiders
Only 3.59% of the stock of Owens & Minor is held by insiders.
Percentage Held by Institutions
98.04% of the stock of Owens & Minor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Owens & Minor are expected to grow by 27.27% in the coming year, from $1.54 to $1.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Owens & Minor is -44.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Owens & Minor is -44.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Owens & Minor has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Owens & Minor has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Owens & Minor Stock (NYSE:OMI)

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company worldwide. It operates through Products & Healthcare Services and Patient Direct segments. The Products & Healthcare Services segment offers a portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products and its proprietary products. This segment also offers services to healthcare providers, including supplier management, analytics, inventory management, and clinical supply management; and various programs to provide outsourced logistics and marketing solutions to its suppliers. The Patient Direct segment provides products and services for in-home care and delivery across diabetes treatment, home respiratory therapy, and obstructive sleep apnea treatment. This segment supplies a range of other home medical equipment, patient care products, including ostomy, wound care, urology, incontinence and other products and services. It serves multi-facility networks of healthcare providers, independent hospitals, surgery centers, physicians' practices, and networks of hospitals directly, as well as indirectly through third-party distributors. Owens & Minor, Inc. was founded in 1882 and is headquartered in Richmond, Virginia.

OMI Stock Price History

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OMI Stock News Headlines

April 16, 2024 | benzinga.com

Here's How Much You Would Have Made Owning Owens & Minor Stock In The Last 5 Years

April 15, 2024 | americanbankingnews.com

Owens & Minor, Inc. (NYSE:OMI) Receives Average Rating of "Hold" from Analysts

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April 12, 2024 | americanbankingnews.com

Owens & Minor (NYSE:OMI) Price Target Raised to $28.00 at Robert W. Baird

April 10, 2024 | msn.com

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