Owens & Minor, Inc (NYSE:OMI) Is Currently -200.96% Below Its 52-Week High, But Downside Potential Could Surprise You.

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In last trading session, Owens & Minor, Inc (NYSE:OMI) saw 1.13 million shares changing hands with its beta currently measuring 0.99. Company’s recent per share price level of $9.42 trading at -$0.12 or -1.26% at ring of the bell on the day assigns it a market valuation of $727.67M. That closing price of OMI’s stock is at a discount of -200.96% from its 52-week high price of $28.35 and is indicating a premium of 35.56% from its 52-week low price of $6.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.02 million shares which gives us an average trading volume of 1.48 million if we extend that period to 3-months.

For Owens & Minor, Inc (OMI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.83. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.2 in the current quarter.

Owens & Minor, Inc (NYSE:OMI) trade information

Upright in the red during last session for losing -1.26%, in the last five days OMI remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $9.42 price level, adding 9.68% to its value on the day. Owens & Minor, Inc’s shares saw a change of -27.93% in year-to-date performance and have moved -3.29% in past 5-day. Owens & Minor, Inc (NYSE:OMI) showed a performance of 11.35% in past 30-days. Number of shares sold short was 4.83 million shares which calculate 2.04 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 32.71% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -48.62% in reaching the projected high whereas dropping to the targeted low would mean a loss of -48.62% for stock’s current value.

Owens & Minor, Inc (OMI) estimates and forecasts

This year revenue growth is estimated to rise 2.33% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.66B for the same. And 6 analysts are in estimates of company making revenue of 2.72B in the next quarter. Company posted 2.61B and 2.67B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -35.63% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 12.73% while estimates for its earnings growth in next 5 years are of 16.60%.

Owens & Minor, Inc (NYSE:OMI)’s Major holders

Insiders are in possession of 3.50% of company’s total shares while institution are holding 109.57 percent of that, with stock having share float percentage of 113.55%. Investors also watch the number of corporate investors in a company very closely, which is 109.57% institutions for Owens & Minor, Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at OMI for having 11.6 million shares of worth $156.61 million. And as of 2024-06-30, it was holding 15.1193 of the company’s outstanding shares.

The second largest institutional holder is FMR LLC, which was holding about 11.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 14.954 of outstanding shares, having a total worth of $154.9 million.