At the time of writing, Owens & Minor, Inc. [OMI] stock is trading at $15.40, up 3.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OMI shares have lost -0.65% over the last week, with a monthly amount glided 21.36%, and 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 July 19, 2024, when Citigroup upgraded its rating to a Buy and also revised its price target to $19 from $24. Previously, Leerink Partners started tracking the stock with Market Perform rating on February 26, 2024, and set its price target to $24. On January 03, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $21 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $18 on October 13, 2022. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $22 on October 12, 2022. BofA Securities downgraded its rating to Underperform for this stock on October 12, 2022, and downed its price target to $17.
For the past year, the stock price of Owens & Minor, Inc. fluctuated between $12.36 and $28.35. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Owens & Minor, Inc. [NYSE: OMI] shares were valued at $15.40 at the most recent close of the market. An investor can expect a potential return of 107.79% based on the average OMI price forecast.
Analyzing the OMI fundamentals
According to Owens & Minor, Inc. [NYSE:OMI], the company’s sales were 10.53B for trailing twelve months, which represents an 4.20% jump. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.02%, 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 -0.05 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.43.
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 14.70 points at the first support level, and at 13.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.78, and for the 2nd resistance point, it is at 16.15.
Ratios To Look Out For
It is important to note that Owens & Minor, Inc. [NYSE:OMI] has a current ratio of 1.09. As well, the Quick Ratio is 0.51, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 1.38.
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.
