Owens & Minor, Inc (NYSE:OMI)’s traded shares stood at 3.8 million during the latest session, with the company’s beta value hitting 0.69. At the last check today, the stock’s price was $9.00, to imply an increase of 30.62% or $2.11 in intraday trading. The OMI share’s 52-week high remains $28.35, putting it -215.0% down since that peak but still an impressive 32.56% since price per share fell to its 52-week low of $6.07.
Analysts have given a consensus recommendation of Buy for Owens & Minor, Inc (OMI), translating to a mean rating of 2.83. Of 4 analyst(s) looking at the stock, 0 analyst(s) give OMI a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.25.
Owens & Minor, Inc (NYSE:OMI) trade information
After registering a 30.62% upside in the latest session, Owens & Minor, Inc (OMI) has traded red over the past five days. The 5-day price performance for the stock is 44.69%, and -39.68% over 30 days. With these gigs, the year-to-date price performance is -31.14%.
The extremes give us $14 and $14 for target low and target high price respectively. As such, OMI has been trading -55.56% off suggested target high and -55.56% from its likely low.
Owens & Minor, Inc (OMI) estimates and forecasts
The rating firms project that company’s revenue will grow 2.53% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 2.68B. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 2.73B.Earnings reports from the last fiscal year show that sales brought in 2.61B and 2.67B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.63% before jumping 2.26% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 40.46% for the past 5-year period. While 2025 is set for a 16.97% return in earnings, projections for the next 5 years are at 13.55% annually.
OMI Dividends
Owens & Minor, Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Owens & Minor, Inc (NYSE:OMI)’s Major holders
The next major institution holding the largest number of shares is FMR LLC with 11.47 million shares, or about 14.954% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $154.9 million.
We also have Fidelity Small Cap Value Fund and iShares Core S&P Smallcap ETF as the top two Mutual Funds with the largest holdings of the Owens & Minor, Inc (OMI) shares. Going by data provided on Oct 31, 2024, Fidelity Small Cap Value Fund holds roughly 4.98 shares. This is just over 6.46% of the total shares, with a market valuation of $44.63 million. Data from the same date shows that the other fund manager holds a little less at 4.83, or 6.26% of the shares, all valued at about 43.28 million.
