Owens & Minor (NYSE:OMI - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.020-1.070 for the period, compared to the consensus earnings per share estimate of 1.658. The company issued revenue guidance of $2.8 billion-$2.8 billion, compared to the consensus revenue estimate of $11.0 billion.
Owens & Minor Stock Performance
Shares of OMI stock traded down $2.33 on Monday, hitting $4.76. 2,319,318 shares of the stock traded hands, compared to its average volume of 1,447,736. Owens & Minor has a 1-year low of $4.65 and a 1-year high of $16.63. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.41. The company's fifty day moving average is $7.80 and its 200 day moving average is $8.13. The company has a market capitalization of $367.94 million, a PE ratio of -0.99, a PEG ratio of 0.31 and a beta of 1.04.
Owens & Minor (NYSE:OMI - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). Owens & Minor had a negative net margin of 3.41% and a positive return on equity of 17.09%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the business posted $0.36 earnings per share. On average, equities research analysts predict that Owens & Minor will post 1.51 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. Citigroup lowered their price target on Owens & Minor from $13.00 to $11.00 and set a "buy" rating for the company in a report on Thursday, April 17th. JPMorgan Chase & Co. set a $10.00 price objective on Owens & Minor in a report on Monday. UBS Group reaffirmed a "buy" rating on shares of Owens & Minor in a report on Monday. Baird R W raised Owens & Minor from a "hold" rating to a "strong-buy" rating in a report on Friday. Finally, Robert W. Baird set a $10.00 target price on Owens & Minor in a research note on Friday. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $11.60.
Read Our Latest Stock Analysis on Owens & Minor
Institutional Trading of Owens & Minor
Several hedge funds have recently bought and sold shares of OMI. Acadian Asset Management LLC bought a new position in Owens & Minor during the 1st quarter valued at about $91,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Owens & Minor by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,787 shares of the company's stock worth $404,000 after buying an additional 1,857 shares during the last quarter. Creative Planning raised its holdings in shares of Owens & Minor by 58.1% in the second quarter. Creative Planning now owns 48,490 shares of the company's stock worth $441,000 after buying an additional 17,812 shares during the last quarter. Woodline Partners LP purchased a new position in Owens & Minor during the first quarter worth about $613,000. Finally, Royal Bank of Canada raised its stake in shares of Owens & Minor by 60.1% in the 1st quarter. Royal Bank of Canada now owns 83,565 shares of the company's stock valued at $754,000 after acquiring an additional 31,368 shares during the period. Hedge funds and other institutional investors own 98.04% of the company's stock.
About Owens & Minor
(
Get Free Report)
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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