Owens & Minor, Inc [OMI] stock prices are up 0.30% to $10.00 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 4.38% over the last week, with a monthly amount glided 12.36%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Owens & Minor, Inc [OMI] has been fluctuating between $6.07 and $28.35 over the past year. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Owens & Minor, Inc [NYSE: OMI] shares were valued at $10.00 at the most recent close of the market. An investor can expect a potential return of 40.0% based on the average OMI price forecast.
Analyzing the OMI fundamentals
The Owens & Minor, Inc [NYSE:OMI] reported sales of 10.70B for trailing twelve months, representing a surge of 1.50%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.45 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
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 9.72 points at the first support level, and at 9.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.35, and for the 2nd resistance point, it is at 10.71.
Ratios To Look Out For
It’s worth pointing out that Owens & Minor, Inc [NYSE:OMI]’s Current Ratio is 1.08. In addition, the Quick Ratio stands at 0.47 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.07, the price to book ratio is 1.37.
Transactions by insiders
Recent insider trading involved Coliseum Capital Management, L, 10% Owner, that happened on Feb 28 ’25 when 1.74 million shares were purchased. 10% Owner, Coliseum Capital Management, L completed a deal on Mar 04 ’25 to buy 0.8 million shares. Meanwhile, 10% Owner Coliseum Capital Management, L bought 0.35 million shares on Mar 03 ’25.
