In the last trading session, 1.06 million shares of the Owens & Minor, Inc (NYSE:OMI) were traded, and its beta was 1.02. Most recently the company’s share price was $8.81, and it changed around -$0.46 or -4.96% from the last close, which brings the market valuation of the company to $680.55M. OMI currently trades at a discount to its 52-week high of $28.35, offering almost -221.79% off that amount. The share price’s 52-week low was $6.07, which indicates that the current value has risen by an impressive 31.1% since then. We note from Owens & Minor, Inc’s average daily trading volume that its 10-day average is 1.31 million shares, with the 3-month average coming to 1.57 million.
Owens & Minor, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.83. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended OMI as a Hold, whereas 2 deemed it a Buy, and 2 rated it as Underweight. Owens & Minor, Inc is expected to report earnings per share of 0.2 for the current quarter.
Owens & Minor, Inc (NYSE:OMI) trade information
Instantly OMI has showed a red trend with a performance of -4.96% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.17 on recent trading dayincreased the stock’s daily price by 13.37%. The company’s shares are currently down -32.59% year-to-date, but still down -10.10% over the last five days. On the other hand, Owens & Minor, Inc (NYSE:OMI) is 37.87% up in the 30-day period. We can see from the shorts that 4.83 million shares have been sold at a short interest cover period of 2.04 day(s).
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 37.07% from its current value. Analyst projections state that OMI is forecast to be at a low of $14 and a high of $14.
Owens & Minor, Inc (OMI) estimates and forecasts
The year-over-year growth rate is expected to be 2.33%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 2.66B in revenue for the current quarter. 6 analysts expect Owens & Minor, Inc to make 2.72B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.61B and 2.67B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.90%. Forecasts for the next quarter put sales growth at 1.87%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -35.63%. Owens & Minor, Inc earnings are expected to increase by 12.73% in 2025, but the outlook is positive 16.60% per year for the next five years.
OMI Dividends
Owens & Minor, Inc’s next quarterly earnings report is expected to be released on 2025-Feb-27. The average dividend yield for the past five years averaged 3.49 per year.
Owens & Minor, Inc (NYSE:OMI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.50% of Owens & Minor, Inc shares, and 109.57% of them are in the hands of institutional investors. The stock currently has a share float of 113.55%. Owens & Minor, Inc stock is held by 290.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 15.1193% of the shares, which is about 11.6 million shares worth $156.61 million.
FMR LLC, with 14.954% or 11.47 million shares worth $154.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Small Cap Value Fund and iShares Core S&P Small-Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.98 shares worth $43.89 million, making up 6.45% of all outstanding shares. On the other hand, iShares Core S&P Small-Cap ETF held roughly 4.74 shares worth around $41.79 million, which represents about 6.14% of the total shares outstanding.
