FY2026 EPS Estimate for Owens & Minor Decreased by Analyst

Owens & Minor, Inc. (NYSE:OMI - Free Report) - Stock analysts at Leerink Partnrs cut their FY2026 earnings per share (EPS) estimates for shares of Owens & Minor in a report released on Thursday, June 5th. Leerink Partnrs analyst M. Cherny now expects that the company will post earnings per share of $1.81 for the year, down from their prior forecast of $1.96. 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 $2.11 EPS.

A number of other brokerages have also weighed in on OMI. Citigroup dropped their price objective on shares of Owens & Minor from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Robert W. Baird boosted their price target on Owens & Minor from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Friday, June 6th. JPMorgan Chase & Co. reduced their price objective on Owens & Minor from $14.00 to $10.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. Finally, UBS Group cut their price target on Owens & Minor from $25.00 to $13.00 and set a "buy" rating on the stock in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Owens & Minor currently has an average rating of "Hold" and a consensus price target of $12.33.

Owens & Minor Stock Performance

NYSE:OMI traded up $0.11 during trading hours on Monday, hitting $7.96. 886,735 shares of the company were exchanged, compared to its average volume of 1,176,380. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.09 and a quick ratio of 0.45. Owens & Minor has a 52-week low of $6.07 and a 52-week high of $17.64. The stock has a market capitalization of $614.95 million, a price-to-earnings ratio of -12.25, a PEG ratio of 0.20 and a beta of 1.31. The company's 50 day moving average price is $7.11 and its 200-day moving average price is $9.91.

Owens & Minor (NYSE:OMI - Get Free Report) last issued its quarterly earnings results on Saturday, May 10th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.03. Owens & Minor had a positive return on equity of 14.60% and a negative net margin of 0.46%. During the same period in the prior year, the firm earned $0.19 earnings per share. The business's quarterly revenue was up .7% compared to the same quarter last year.

Owens & Minor declared that its Board of Directors has authorized a stock buyback program on Friday, February 28th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 13.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Insider Activity at Owens & Minor

In other news, major shareholder Coliseum Capital Management, L bought 240,000 shares of Owens & Minor stock in a transaction on Monday, April 7th. The stock was acquired at an average price of $7.84 per share, with a total value of $1,881,600.00. Following the completion of the acquisition, the insider now directly owns 11,152,955 shares of the company's stock, valued at $87,439,167.20. The trade was a 2.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have purchased 625,000 shares of company stock valued at $4,909,150. 3.69% of the stock is owned by company insiders.

Institutional Trading of Owens & Minor

Large investors have recently made changes to their positions in the company. Inspire Advisors LLC boosted its stake in Owens & Minor by 11.2% during the 4th quarter. Inspire Advisors LLC now owns 15,350 shares of the company's stock worth $201,000 after purchasing an additional 1,548 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Owens & Minor by 57.4% in the fourth quarter. Blue Trust Inc. now owns 4,387 shares of the company's stock worth $57,000 after buying an additional 1,600 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Owens & Minor by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,930 shares of the company's stock worth $561,000 after acquiring an additional 1,662 shares during the last quarter. Sterling Capital Management LLC grew its stake in Owens & Minor by 758.3% during the 4th quarter. Sterling Capital Management LLC now owns 2,060 shares of the company's stock valued at $27,000 after acquiring an additional 1,820 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in Owens & Minor by 0.9% in the 4th quarter. Legal & General Group Plc now owns 212,061 shares of the company's stock valued at $2,772,000 after acquiring an additional 1,991 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.