Owens & Minor, Inc (NYSE: OMI) is -28.69% lower on its value in year-to-date trading and has touched a low of $6.07 and a high of $28.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OMI stock was last observed hovering at around $9.58 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $9.32, the stock is 18.45% and -18.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing -2.71% at the moment leaves the stock -33.82% off its SMA200. OMI registered -62.78% loss for a year compared to 6-month loss of -41.35%.
The stock witnessed a -36.16% gain in the last 1 month and extending the period to 3 months gives it a -29.34%, and is 45.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.86% over the week and 9.33% over the month.
Owens & Minor, Inc (OMI) has around 23200 employees, a market worth around $718.65M and $10.70B in sales. Fwd P/E is 4.45. Profit margin for the company is -3.39%. Distance from 52-week low is 53.54% and -67.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.64%).
with sales reaching $2.66B over the same period.The EPS is expected to grow by 13.90% this year, but quarterly earnings will post 3.12% year-over-year. Quarterly sales are estimated to grow 1.94% in year-over-year returns.
Owens & Minor, Inc (OMI) Top Institutional Holders
The shares outstanding are 77.20M, and float is at 70.18M with Short Float at 6.72%.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.6 million shares valued at $156.61 million. The investor’s holdings represent 15.1193% of the OMI Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 11.47 million shares valued at $154.9 million to account for 14.954 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.62 million shares representing 11.2287% and valued at over $116.31 million, while PACER ADVISORS, INC. holds 8.844 of the shares totaling 6.79 million with a market value of $91.61 million.
Owens & Minor, Inc (OMI) Insider Activity
A total of 0 insider transactions have happened at Owens & Minor, Inc (OMI) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Leon Jonathan A, the company’s EVP, Chief Financial Officer. SEC filings show that Leon Jonathan A sold 5,282 shares of the company’s common stock on Nov 21 ’24 at a price of $11.82 per share for a total of $62433.0. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Nov 18 ’24, Sarkar Snehashish (Chief Information Officer) disposed off 2,055 shares at an average price of $12.26 for $25194.0. The insider now directly holds 55,886 shares of Owens & Minor, Inc (OMI).
Owens & Minor, Inc (OMI): Who are the competitors?
The company’s main competitors (and peers) include Premier Inc. (PINC) that is trading -13.96% down over the past 12 months. Cencora Inc. (COR) that is 8.30% higher over the same period.
