Owens & Minor, Inc (NYSE: OMI) is -46.44% lower on its value in year-to-date trading and has touched a low of $6.07 and a high of $26.37 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 $7.45 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $7.00, the stock is -20.44% and -20.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.06 million and changing -6.04% at the moment leaves the stock -45.71% off its SMA200. OMI registered -73.46% loss for a year compared to 6-month loss of -48.57%. The firm has a 50-day simple moving average (SMA 50) of $8.7894 and a 200-day simple moving average (SMA200) of $12.8935.
The stock witnessed a -25.69% gain in the last 1 month and extending the period to 3 months gives it a -51.42%, and is -18.51% 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 13.02% over the week and 7.00% over the month.
Owens & Minor, Inc (OMI) has around 23200 employees, a market worth around $540.79M and $10.70B in sales. Fwd P/E is 3.40. Profit margin for the company is -3.39%. Distance from 52-week low is 15.32% and -73.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.64%).
The EPS is expected to grow by 12.73% this year
289.0 institutions hold shares in Owens & Minor, Inc (OMI), with institutional investors hold 113.04% of the company’s shares. The shares outstanding are 77.20M, and float is at 69.37M with Short Float at 5.09%. Institutions hold 109.47% 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 225,000 shares of the company’s common stock on Apr 09 ’25 at a price of $7.39 per share for a total of $1.66 million. Following the purchase, the insider now owns 11.48 million shares.
Owens & Minor, Inc disclosed in a document filed with the SEC on Apr 08 ’25 that Coliseum Capital Management, L (10% Owner) bought a total of 105,000 shares of the company’s common stock. The trade occurred on Apr 08 ’25 and was made at $7.96 per share for $0.84 million. Following the transaction, the insider now directly holds 11.26 million shares of the OMI stock.
Still, SEC filings show that on Apr 10 ’25, Coliseum Capital Management, L (10% Owner) acquired 80,000 shares at an average price of $7.19 for $0.58 million. The insider now directly holds 11,562,955 shares of Owens & Minor, Inc (OMI).
