Leerink Partnrs Predicts Stronger Earnings for Owens & Minor

Key Points

• Leerink Partners has raised its FY2026 earnings per share (EPS) estimate for Owens & Minor to $0.99, reflecting positive expectations for the company's financial performance.
• Owens & Minor's stock ratings are mixed, with one analyst rating it as a Strong Buy and others giving ratings that range from Sell to Buy, leading to an average target price of $7.63.
• The company's recent quarterly earnings report showed a loss of $0.01 per share against the consensus estimate, highlighting ongoing financial struggles with a negative net margin of 13.78%.

Owens & Minor, Inc. (NYSE:OMI - Free Report) - Stock analysts at Leerink Partnrs increased their FY2026 earnings per share (EPS) estimates for Owens & Minor in a note issued to investors on Tuesday, October 7th. Leerink Partnrs analyst M. Cherny now forecasts that the company will post earnings of $0.99 per share for the year, up from their prior forecast of $0.97. The consensus estimate for Owens & Minor's current full-year earnings is $1.51 per share. Leerink Partnrs also issued estimates for Owens & Minor's FY2027 earnings at $1.21 EPS and FY2028 earnings at $1.39 EPS.

A number of other research analysts have also recently issued reports on the company. Zacks Research cut Owens & Minor from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 2nd. Baird R W upgraded Owens & Minor from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 8th. Bank of America decreased their target price on Owens & Minor from $7.50 to $4.75 and set an "underperform" rating on the stock in a research report on Tuesday, August 12th. Citigroup restated a "buy" rating and set a $7.00 price target (down from $11.00) on shares of Owens & Minor in a report on Tuesday, August 12th. Finally, Robert W. Baird reduced their price target on Owens & Minor from $10.00 to $7.00 and set an "outperform" rating on the stock in a report on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $7.63.

Owens & Minor Stock Performance

Owens & Minor stock opened at $4.59 on Friday. Owens & Minor has a 12-month low of $4.56 and a 12-month high of $15.54. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of 3.32. The business's 50-day moving average price is $5.33 and its two-hundred day moving average price is $6.84. The stock has a market cap of $354.53 million, a PE ratio of -0.29 and a beta of 1.26.

Owens & Minor (NYSE:OMI - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.26 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The company had revenue of $681.90 million during the quarter, compared to analyst estimates of $2.73 billion. Owens & Minor had a negative net margin of 13.78% and a positive return on equity of 26.59%. The firm's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the firm earned $0.36 EPS. Owens & Minor has set its FY 2025 guidance at 1.020-1.070 EPS.

Hedge Funds Weigh In On Owens & Minor

Institutional investors have recently modified their holdings of the company. DekaBank Deutsche Girozentrale raised its position in shares of Owens & Minor by 76.6% during the second quarter. DekaBank Deutsche Girozentrale now owns 3,126 shares of the company's stock worth $28,000 after purchasing an additional 1,356 shares during the period. Quarry LP acquired a new position in shares of Owens & Minor during the first quarter worth approximately $34,000. Headlands Technologies LLC acquired a new position in shares of Owens & Minor during the first quarter worth approximately $55,000. Raymond James Financial Inc. acquired a new position in shares of Owens & Minor during the second quarter worth approximately $56,000. Finally, Blue Trust Inc. raised its position in shares of Owens & Minor by 52.2% during the second quarter. Blue Trust Inc. now owns 6,709 shares of the company's stock worth $61,000 after purchasing an additional 2,302 shares during the period. 98.04% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Owens & Minor

In other Owens & Minor news, major shareholder Coliseum Capital Management, L purchased 720,000 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were purchased at an average cost of $5.15 per share, with a total value of $3,708,000.00. Following the completion of the purchase, the insider owned 12,282,955 shares in the company, valued at $63,257,218.25. This represents a 6.23% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased 1,537,852 shares of company stock valued at $8,099,544 over the last quarter. 3.69% of the stock is currently owned by insiders.

Owens & Minor Company Profile

Owens & Minor, Inc is a healthcare solutions company, which engages in the product manufacturing and delivery, home health supply, and perioperative services to support care through the hospital and into the home. It operates through the Products and Healthcare Services, and Patient Direct segments.

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