A share price of Owens & Minor, Inc. [OMI] is currently trading at $15.94, up 3.71%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OMI shares have gain 1.40% over the last week, with a monthly amount glided 7.20%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
Owens & Minor, Inc. experienced fluctuations in its stock price throughout the past year 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 $15.94 at the most recent close of the market. An investor can expect a potential return of 100.75% based on the average OMI price forecast.
Analyzing the OMI fundamentals
Trailing Twelve Months sales for Owens & Minor, Inc. [NYSE:OMI] were 10.53B which represents 4.20% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.43.
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 15.40 points at the first support level, and at 14.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.22, and for the 2nd resistance point, it is at 16.49.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Owens & Minor, Inc. [NYSE:OMI] is 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 0.12, the price to book ratio is 1.43.
Transactions by insiders
Recent insider trading involved Leon Jonathan A, SVP, Corp Treasurer, Intm CFO, that happened on Aug 22 ’24 when 7500.0 shares were sold. Officer, Leon Jonathan A completed a deal on Aug 22 ’24 to buy 7500.0 shares. Meanwhile, Former Officer Bruni Alexander J bought 635.0 shares on Aug 16 ’24.
