In the latest trading session, 0.42 million Owens & Minor, Inc (NYSE:OMI) shares changed hands as the company’s beta touched 0.63. With the company’s most recent per share price at $6.83 changing hands around $0.44 or 6.89% at last look, the market valuation stands at $526.66M. OMI’s current price is a discount, trading about -315.08% off its 52-week high of $28.35. The share price had its 52-week low at $6.07, which suggests the last value was 11.13% up since then.
Analysts gave the Owens & Minor, Inc (OMI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.83. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended OMI as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Owens & Minor, Inc’s EPS for the current quarter is expected to be 0.52.
Owens & Minor, Inc (NYSE:OMI) trade information
Instantly OMI is in green as seen in intraday trades today. With action -2.57%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -47.74%, with the 5-day performance at -2.57% in the red. However, in the 30-day time frame, Owens & Minor, Inc (NYSE:OMI) is -54.28% down.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 51.21% from its recent market value. According to analyst projections, OMI’s forecast low is 14 with 14 as the target high. To hit the forecast high, the stock’s price needs a -104.98% plunge from its current level, while the stock would need to soar -104.98% for it to hit the projected low.
Owens & Minor, Inc (OMI) estimates and forecasts
Year-over-year growth is forecast to reach 3.44% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 2.68B. 4 analysts are of the opinion that Owens & Minor, Inc’s revenue for the current quarter will be 2.68B. The company’s revenue for the corresponding quarters a year ago was 2.66B and 2.61B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.06%. The estimates for the next quarter sales put growth at 2.63%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 40.46%. The 2025 estimates are for Owens & Minor, Inc earnings to increase by 9.98%, but the outlook for the next 5-year period is at 16.04% per year.
Owens & Minor, Inc (NYSE:OMI)’s Major holders
FMR LLC holds the second largest percentage of outstanding shares, with 14.954% or 11.47 million shares worth $154.9 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Fidelity Small Cap Value Fund and iShares Core S&P Smallcap ETF. With 4.98 shares estimated at $33.42 million under it, the former controlled 6.46% of total outstanding shares. On the other hand, iShares Core S&P Smallcap ETF held about 6.20% of the shares, roughly 4.78 shares worth around $32.08 million.
