NYSE:OMI

Owens & Minor Stock Forecast, Price & News

$26.88

-2.38 (-8.13 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$26.75

Now: $26.88▼

$29.35

50-Day Range

$25.19

MA: $28.53▼

$31.10

52-Week Range

$3.63

Now: $26.88▼

$31.90

Volume1.12 million shs

Average Volume1.23 million shs

Market Capitalization$1.98 billion

P/E RatioN/A

Dividend Yield0.03%

Beta0.26

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. It operates through two segments, Global Solutions and Global Products. The Global Solutions segment offers a portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products and its proprietary products. This segment also offers services to healthcare providers, which include supplier management, analytics, inventory management, and clinical supply management; and various programs to provide logistics and marketing solutions to its suppliers. The Global Products segment manufactures and sources medical surgical products for the prevention of healthcare-associated infections across the acute and alternate site channels. This segments products portfolio includes sterilization wraps, surgical drapes and gowns, facial protection products, protective apparel, medical exam gloves, custom and minor procedure kits, and other medical products. The company provides its products and services to multi-facility networks of healthcare providers, independent hospitals, surgery centers, physicians' practices, and networks of hospitals directly, as well as indirectly through third-party distributors. Owens & Minor, Inc. was founded in 1882 and is headquartered in Richmond, Virginia.

MarketRank^™

Overall MarketRank^™

1.90 out of 5 stars

Medical Sector

91st out of 1,925 stocks

Medical & Hospital Equipment Industry

1st out of 7 stocks

1.2 Analyst's Opinion

Consensus Rating
Owens & Minor has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.39, Owens & Minor has a forecasted downside of 9.3% from its current price of $26.88.
Amount of Analyst Coverage
Owens & Minor has only been the subject of 4 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
Owens & Minor has received 228 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Owens & Minor has received 401 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Owens & Minor has received 63.75% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Owens & Minor and other stocks. Vote “Outperform” if you believe OMI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OMI will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Owens & Minor has a dividend yield of 0.03%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Owens & Minor does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Owens & Minor is 1.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Owens & Minor will have a dividend payout ratio of 0.42% next year. This indicates that Owens & Minor will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Owens & Minor insiders have sold 719.62% more of their company's stock than they have bought. Specifically, they have bought $27,110.00 in company stock and sold $222,200.00 in company stock.
Percentage Held by Insiders
Only 2.15% of the stock of Owens & Minor is held by insiders.
Percentage Held by Institutions
72.98% of the stock of Owens & Minor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Owens & Minor are expected to grow by 21.54% in the coming year, from $1.95 to $2.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Owens & Minor is -27.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Owens & Minor is -27.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Owens & Minor has a PEG Ratio of 0.24. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Owens & Minor has a P/B Ratio of 3.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Medical & hospital equipment

Sub-IndustryHealth Care Distributors

SectorMedical

Current SymbolNYSE:OMI

Previous Symbol

CUSIP69073210

CIK75252

Webwww.owens-minor.com

Phone804-723-7000

Employees15,400

Year FoundedN/A

Debt

Debt-to-Equity Ratio2.44

Current Ratio1.47

Quick Ratio0.70

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio13.78

P/E Growth0.24

Sales & Book Value

Annual Sales$9.21 billion

Price / Sales0.21

Cash Flow$2.83 per share

Price / Cash Flow9.49

Book Value$7.35 per share

Price / Book3.66

Profitability

EPS (Most Recent Fiscal Year)$0.56

Net Income$-62,370,000.00

Net Margins-0.72%

Return on Equity18.07%

Return on Assets2.26%

Miscellaneous

Outstanding Shares73,512,000

Market Cap$1.98 billion

Next Earnings Date3/3/2021 (Estimated)

OptionableOptionable

$26.88

-2.38 (-8.13 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Owens & Minor (NYSE:OMI) Frequently Asked Questions

How has Owens & Minor's stock price been impacted by Coronavirus (COVID-19)?

Owens & Minor's stock was trading at $4.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OMI shares have increased by 500.0% and is now trading at $26.88.
View which stocks have been most impacted by COVID-19.

Is Owens & Minor a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Owens & Minor stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMI, but not buy additional shares or sell existing shares.
View analyst ratings for Owens & Minor or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Owens & Minor?

Wall Street analysts have given Owens & Minor a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Owens & Minor wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Ed Pesicka's approval rating as Owens & Minor's CEO?

36 employees have rated Owens & Minor CEO Ed Pesicka on Glassdoor.com. Ed Pesicka has an approval rating of 65% among Owens & Minor's employees.

When is Owens & Minor's next earnings date?

Owens & Minor is scheduled to release its next quarterly earnings announcement on Wednesday, March 3rd 2021.
View our earnings forecast for Owens & Minor.

How were Owens & Minor's earnings last quarter?

Owens & Minor, Inc. (NYSE:OMI) issued its quarterly earnings data on Monday, November, 2nd. The company reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.11. The company had revenue of $2.19 billion for the quarter, compared to analysts' expectations of $2.08 billion. Owens & Minor had a positive trailing twelve-month return on equity of 18.07% and a negative net margin of 0.72%. Owens & Minor's revenue was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 earnings per share.
View Owens & Minor's earnings history.

How often does Owens & Minor pay dividends? What is the dividend yield for Owens & Minor?

Owens & Minor declared a quarterly dividend on Monday, November 2nd. Stockholders of record on Tuesday, December 15th will be paid a dividend of $0.002 per share on Thursday, December 31st. This represents a $0.01 annualized dividend and a dividend yield of 0.03%. The ex-dividend date of this dividend is Monday, December 14th.
View Owens & Minor's dividend history.

Is Owens & Minor a good dividend stock?

Owens & Minor pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.03%. The dividend payout ratio of Owens & Minor is 1.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Owens & Minor will have a dividend payout ratio of 0.42% next year. This indicates that Owens & Minor will be able to sustain or increase its dividend.
View Owens & Minor's dividend history.

What guidance has Owens & Minor issued on next quarter's earnings?

Owens & Minor issued an update on its FY20 earnings guidance on Monday, November, 2nd. The company provided earnings per share (EPS) guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus estimate of $1.80.

What price target have analysts set for OMI?

9 Wall Street analysts have issued 12 month target prices for Owens & Minor's stock. Their forecasts range from $9.50 to $37.00. On average, they expect Owens & Minor's stock price to reach $24.39 in the next year. This suggests that the stock has a possible downside of 9.3%.
View analysts' price targets for Owens & Minor or view Wall Street analyst' top-rated stocks.

Who are some of Owens & Minor's key competitors?

Some companies that are related to Owens & Minor include McKesson (MCK), AmerisourceBergen (ABC), Cardinal Health (CAH), Henry Schein (HSIC) and Patterson Companies (PDCO).
View all of OMI's competitors.

What other stocks do shareholders of Owens & Minor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Owens & Minor investors own include Advanced Micro Devices (AMD), AT&T (T), Pfizer (PFE), AbbVie (ABBV), Micron Technology (MU), NVIDIA (NVDA), Applied Materials (AMAT), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

Who are Owens & Minor's key executives?

Owens & Minor's management team includes the following people:

Mr. Edward A. Pesicka, Pres, CEO & Director (Age 53, Pay $1.73M)
Mr. Nicholas Joseph Pace II, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $880.51k)
Mr. Christopher M. Lowery, Pres of Global Products (Age 57, Pay $1.14M)
Mr. Andrew G. Long, Exec. VP & CFO (Age 56)
Mr. Jeffrey T. Jochims, Exec. VP & Chief Operating Officer (Age 54)
Mr. Michael Wayne Lowry, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 59)
Chandrika Nigam, Director of Fin. & Investor Relations
Ms. Shana Carol Neal, Exec. VP & Chief HR Office (Age 53)
Mr. Mark P. Zacur, Exec. VP & Chief Commercial Officer (Age 59)
Mr. David Myers, Sr. VP & Chief Procurement Officer

What is Owens & Minor's stock symbol?

Owens & Minor trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMI."

Who are Owens & Minor's major shareholders?

Owens & Minor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.83%), Hennessy Advisors Inc. (0.58%), New York State Teachers Retirement System (0.17%), State of Alaska Department of Revenue (0.08%), Strs Ohio (0.05%) and Louisiana State Employees Retirement System (0.05%). Company insiders that own Owens & Minor stock include Michael Wayne Lowry and Robert J Henkel.
View institutional ownership trends for Owens & Minor.

Which institutional investors are selling Owens & Minor stock?

OMI stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Strs Ohio, State of Alaska Department of Revenue, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Owens & Minor or view top insider-selling stocks.

Which institutional investors are buying Owens & Minor stock?

OMI stock was acquired by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Grandview Asset Management LLC, First Hawaiian Bank, Wedge Capital Management L L P NC, New York State Teachers Retirement System, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Owens & Minor or or view top insider-buying stocks.

How do I buy shares of Owens & Minor?

Shares of OMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Owens & Minor's stock price today?

One share of OMI stock can currently be purchased for approximately $26.88.

How big of a company is Owens & Minor?

Owens & Minor has a market capitalization of $1.98 billion and generates $9.21 billion in revenue each year. The company earns $-62,370,000.00 in net income (profit) each year or $0.56 on an earnings per share basis. Owens & Minor employs 15,400 workers across the globe.

What is Owens & Minor's official website?

The official website for Owens & Minor is www.owens-minor.com.

How can I contact Owens & Minor?

Owens & Minor's mailing address is 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA, 23261. The company can be reached via phone at 804-723-7000 or via email at [email protected]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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