Owens & Minor, Inc (NYSE: OMI) is -34.97% 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 $8.79 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $8.50, the stock is -10.17% and -15.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -3.30% at the moment leaves the stock -36.19% off its SMA200. OMI registered -66.64% loss for a year compared to 6-month loss of -41.42%. The firm has a 50-day simple moving average (SMA 50) of $10.1032 and a 200-day simple moving average (SMA200) of $13.32115.
The stock witnessed a 24.27% gain in the last 1 month and extending the period to 3 months gives it a -32.32%, and is -10.90% down 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 4.92% over the week and 6.56% over the month.
Owens & Minor, Inc (OMI) has around 23200 employees, a market worth around $656.60M and $10.70B in sales. Fwd P/E is 4.13. Profit margin for the company is -3.39%. Distance from 52-week low is 40.03% and -70.02% 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 12.73% this year, but quarterly earnings will post 2.33% year-over-year. Quarterly sales are estimated to grow 1.90% in year-over-year returns.
290.0 institutions hold shares in Owens & Minor, Inc (OMI), with institutional investors hold 113.55% of the company’s shares. The shares outstanding are 77.20M, and float is at 69.36M with Short Float at 5.31%. Institutions hold 109.57% of the Float.
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
The most recent transaction is an insider purchase by Coliseum Capital Management, L, the company’s 10% Owner. SEC filings show that Coliseum Capital Management, L bought 1,738,511 shares of the company’s common stock on Feb 28 ’25 at a price of $9.39 per share for a total of $16.32 million. Following the purchase, the insider now owns 9.47 million shares.
Owens & Minor, Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Coliseum Capital Management, L (10% Owner) bought a total of 800,000 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $9.75 per share for $7.8 million. Following the transaction, the insider now directly holds 10.62 million shares of the OMI stock.
Still, SEC filings show that on Mar 03 ’25, Coliseum Capital Management, L (10% Owner) acquired 354,901 shares at an average price of $9.19 for $3.26 million. The insider now directly holds 9,824,599 shares of Owens & Minor, Inc (OMI).
