In the last trading session, 1.08 million Owens & Minor, Inc (NYSE:OMI) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $9.39 changed hands at $0.14 or 1.51% during last session, the market valuation stood at $725.35M. OMI’s last price was a discount, traded about -201.92% 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 35.36% up since then. When we look at Owens & Minor, Inc’s average trading volume, we note the 10-day average is 1.85 million shares, with the 3-month average coming to 1.50 million.
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 0.2.
Owens & Minor, Inc (NYSE:OMI) trade information
Instantly OMI was in green as seen at the end of in last trading. With action -6.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.16%, with the 5-day performance at -6.10% in the red. However, in the 30-day time frame, Owens & Minor, Inc (NYSE:OMI) is 14.65% up. Looking at the short shares, we see there were 4.83 million shares sold at short interest cover period of 2.04 days.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 32.93% from its current 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 -49.09% plunge from its current level, while the stock would need to soar -49.09% for it to hit the projected low.
Owens & Minor, Inc (OMI) estimates and forecasts
Year-over-year growth is forecast to reach 2.33% 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 2.66B. 6 analysts are of the opinion that Owens & Minor, Inc’s revenue for the current quarter will be 2.72B. The company’s revenue for the corresponding quarters a year ago was 2.61B and 2.67B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.90%. The estimates for the next quarter sales put growth at 1.87%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -35.63%. The 2025 estimates are for Owens & Minor, Inc earnings to increase by 12.73%, but the outlook for the next 5-year period is at 16.60% per year.
OMI Dividends
Owens & Minor, Inc is expected to release its next quarterly earnings report on 2025-Feb-27. During the past 5 years, the average dividend yield was 3.49 per year.
Owens & Minor, Inc (NYSE:OMI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.50% of Owens & Minor, Inc shares while 109.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 113.54%. There are 109.57% institutions holding the Owens & Minor, Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.1193% of the shares, roughly 11.6 million OMI shares worth $156.61 million.
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 Dec 31, 2024 were Fidelity Small Cap Value Fund and iShares Core S&P Smallcap ETF . With 4.98 shares estimated at $46.78 million under it, the former controlled 6.45% of total outstanding shares. On the other hand, iShares Core S&P Smallcap ETF held about 6.15% of the shares, roughly 4.75 shares worth around $44.59 million.
