Owens & Minor, Inc (NYSE:OMI)’s traded shares stood at 1.01 million during the last session, with the company’s beta value hitting 1.05. At the close of trading, the stock’s price was $8.24, to imply an increase of 1.73% or $0.14 in intraday trading. The OMI share’s 52-week high remains $16.98, putting it -106.07% down since that peak but still an impressive 26.33% since price per share fell to its 52-week low of $6.07. The company has a valuation of $631.30M, with an average of 0.82 million shares in intraday trading volume over the past 10 days and average of 1.26 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Owens & Minor, Inc (OMI), translating to a mean rating of 2.86. 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 0.28.
Owens & Minor, Inc (NYSE:OMI) trade information
After registering a 1.73% upside in the last session, Owens & Minor, Inc (OMI) has traded red over the past five days. The 5-day price performance for the stock is 3.91%, and 13.19% over 30 days. With these gigs, the year-to-date price performance is -44.40%. Short interest in Owens & Minor, Inc (NYSE:OMI) saw shorts transact 7.11 million shares and set a 4.64 days time to cover.
The extremes give us $14 and $54 for target low and target high price respectively. As such, OMI has been trading -555.34% off suggested target high and -69.9% from its likely low.
Owens & Minor, Inc (OMI) estimates and forecasts
The rating firms project that company’s revenue will grow 2.65% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 2.73B. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 2.8B.Earnings reports from the last fiscal year show that sales brought in 2.67B and 2.72B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.26% before jumping 3.04% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -35.63% for the past 5-year period. While 2025 is set for a 6.95% return in earnings, projections for the next 5 years are at 14.71% annually.
OMI Dividends
Owens & Minor, Inc has its next earnings report out on 2025-May-08. 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. The company’s average dividend yield trailing the past 5-year period is 3.49%.
Owens & Minor, Inc (NYSE:OMI)’s Major holders
Owens & Minor, Inc insiders hold 3.46% of total outstanding shares, with institutional holders owning 101.92% of the shares at 105.58% float percentage. In total, 101.92% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 11.6 million shares (or 15.1193% of shares), all amounting to roughly $156.61 million.
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.
