Owens & Minor, Inc. [OMI] stock prices are down -1.35% to $14.61 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OMI shares have gain 7.43% over the last week, with a monthly amount drifted -13.96%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Owens & Minor, Inc. [NYSE: OMI] stock has seen the most recent analyst activity on February 26, 2024, when Leerink Partners initiated its Market Perform rating and assigned the stock a price target of $24. Previously, Barclays started tracking the stock with Equal Weight rating on January 03, 2024, and set its price target to $21. On October 13, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $18 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $22 on October 12, 2022. BofA Securities downgraded its rating to a Underperform and reduced its price target to $17 on October 12, 2022.
The stock price of Owens & Minor, Inc. [OMI] has been fluctuating between $12.36 and $28.35 over the past year. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Owens & Minor, Inc. [NYSE: OMI] shares were valued at $14.61 at the most recent close of the market. An investor can expect a potential return of 119.03% based on the average OMI price forecast.
Analyzing the OMI fundamentals
The Owens & Minor, Inc. [NYSE:OMI] reported sales of 10.42B for trailing twelve months, representing a surge of 3.56%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.33 points at the first support level, and at 14.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.00, and for the 2nd resistance point, it is at 15.39.
Ratios To Look Out For
It’s worth pointing out that Owens & Minor, Inc. [NYSE:OMI]’s Current Ratio is 1.16. In addition, the Quick Ratio stands at 0.56 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 1.25.
Transactions by insiders
Recent insider trading involved Bernocchi Perry A, EVP, CEO,. Patient Direct, that happened on Jun 06 ’24 when 20015.0 shares were sold. Director, Beck Mark A completed a deal on Jun 05 ’24 to sell 9344.0 shares. Meanwhile, EVP, Chief Information Officer Sarkar Snehashish sold 9980.0 shares on Jun 04 ’24.
