NYSE:OMI

Owens & Minor - OMI Stock Forecast, Price & News

$25.03

-0.10 (-0.40%)

(As of 09/27/2022 03:52 PM ET)

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Today's Range: $24.92
▼
$25.41
50-Day Range: $24.91
▼
$36.64
52-Week Range: $24.29
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$49.11

Volume: 33,640 shs
Average Volume: 698,817 shs
Market Capitalization: $1.91 billion

P/E Ratio: 12.39
Dividend Yield: 0.01%
Price Target: $50.33

Owens & Minor MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 101.1% Upside
$50.33 Price Target
Short Interest: Healthy
7.69% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.56
Upright™ Environmental Score
News Sentiment: -0.49
Based on 2 Articles This Week
Insider Trading: Selling Shares
$250,480 Sold Last Quarter
Proj. Earnings Growth: 12.50%
From $3.04 to $3.42 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Medical Sector

146th out of 1,071 stocks

Medical & Hospital Equipment Industry

3rd out of 3 stocks

3.3

Analyst's Opinion

Consensus Rating
Owens & Minor has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.33, Owens & Minor has a forecasted upside of 101.1% from its current price of $25.03.
Amount of Analyst Coverage
Owens & Minor has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
7.69% of the float of Owens & Minor has been sold short.
Short Interest Ratio / Days to Cover
Owens & Minor has a short interest ratio ("days to cover") of 8.5.
Change versus previous month
Short interest in Owens & Minor has recently decreased by 8.43%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Owens & Minor has a dividend yield of 0.01%, 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.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Owens & Minor has received a 48.92% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Diagnostic and treatment equipment", "Medical laboratory equipment", "Management consulting for the health and wellbeing industry", and "Custom procedure trays" products. See details.
Environmental Sustainability
The Environmental Impact score for Owens & Minor is -1.56.

0.8

News and Social Media Coverage

News Sentiment
Owens & Minor has a news sentiment score of -0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Owens & Minor this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 3 people have added Owens & Minor to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Owens & Minor insiders have sold 688.66% more of their company's stock than they have bought. Specifically, they have bought $31,760.00 in company stock and sold $250,480.00 in company stock.
Percentage Held by Insiders
Only 4.09% of the stock of Owens & Minor is held by insiders.
Percentage Held by Institutions
95.69% of the stock of Owens & Minor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Owens & Minor are expected to grow by 12.50% in the coming year, from $3.04 to $3.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Owens & Minor is 12.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Owens & Minor is 12.39, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 89.93.
Price to Earnings Growth Ratio
Owens & Minor has a PEG Ratio of 2.09. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Owens & Minor has a P/B Ratio of 2.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Owens & Minor (NYSE:OMI) Stock

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. It 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. The company was founded in 1882 and is headquartered in Richmond, Virginia.

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OMI Stock News Headlines

September 23, 2022 | americanbankingnews.com

Owens & Minor (NYSE:OMI) Trading 4.5% Higher

September 20, 2022 | nasdaq.com

Even though Owens & Minor (NYSE:OMI) has lost US$268m market cap in last 7 days, shareholders are still up 372% over 3 years

September 7, 2022 | finance.yahoo.com

Owens & Minor to Participate in the 2022 Baird Global Healthcare Conference

September 7, 2022 | nasdaq.com

Owens & Minor, Inc. Shares Close in on 52-Week Low - Market Mover

August 10, 2022 | seekingalpha.com

Owens & Minor: Balanced Debate, Split Between Profitability And Valuation

August 9, 2022 | finance.yahoo.com

Allina Health and Owens & Minor Expand Partnership and Announce New Strategic Collaboration

August 8, 2022 | nasdaq.com

Owens & Minor, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

August 4, 2022 | finance.yahoo.com

Owens & Minor (NYSE:OMI) pulls back 8.2% this week, but still delivers shareholders fantastic 100% CAGR over 3 years

August 4, 2022 | morningstar.com

David R. Myers of Owens & Minor Receives Prestigious Bellwether League Foundation Hall of Fame Recognition | Morningstar

August 3, 2022 | finance.yahoo.com

Owens & Minor Shares Slip On FY22 Outlook Cut

August 3, 2022 | nasdaq.com

Owens & Minor Q2 Profit Matches Estimates

August 3, 2022 | nasdaq.com

Owens & Minor (OMI) Q2 Earnings Meet Estimates

August 1, 2022 | finance.yahoo.com

David R. Myers of Owens & Minor Receives Prestigious Bellwether League Foundation Hall of Fame Recognition

July 27, 2022 | finance.yahoo.com

Earnings Preview: Owens & Minor (OMI) Q2 Earnings Expected to Decline

July 21, 2022 | finance.yahoo.com

Owens & Minor Announces Second Quarter 2022 Earnings Release Date

July 12, 2022 | finance.yahoo.com

Owens & Minor Elects Carissa Rollins to Board of Directors

July 6, 2022 | finance.yahoo.com

Owens & Minor Wins Seventh Premier GPO Supplier Legacy Award

July 1, 2022 | finanznachrichten.de

Owens & Minor, Inc.: Owens & Minor Donates Essential Medical Supplies to Ukraine

June 27, 2022 | msn.com

WVU Health System and Owens & Minor hold groundbreaking for new facility

June 27, 2022 | finance.yahoo.com

Owens & Minor Breaks Ground on Center of Excellence for Medical Supply Logistics in West Virginia

June 22, 2022 | finance.yahoo.com

Owens & Minor Names Tammy Gomez EVP and Chief Human Resources Officer

June 17, 2022 | morningstar.com

Owens & Minor Inc - Stock Financials OMI

May 30, 2022 | marketwatch.com

Owens & Minor Inc (OMI) Trading Report

May 18, 2022 | finance.yahoo.com

Owens & Minor to Participate in the UBS Global Healthcare Conference 2022 Monday, May 23, 2022

May 12, 2022 | seekingalpha.com

Owens & Minor awarded $1.125B Defense Department contract modification

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30 days | 90 days | 365 days | Advanced Chart

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OMI Company Calendar

Last Earnings: 8/03/2022
Today: 9/27/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Medical & hospital equipment
Sub-Industry: Health Care Distributors
Sector: Medical
Current Symbol: NYSE:OMI
CUSIP: 69073210
CIK: 75252
Web: www.owens-minor.com
Phone: (804) 723-7000
Fax: 804-723-7100
Employees: 17,300
Year Founded: 1882

Price Target and Rating

Average Stock Price Forecast: $50.33
High Stock Price Forecast: $62.00
Low Stock Price Forecast: $37.00
Forecasted Upside/Downside: +101.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.02
Trailing P/E Ratio: 12.39
Forward P/E Ratio: 8.23
P/E Growth: 2.09
Net Income: $221.59 million
Net Margins: 1.56%
Pretax Margin: 1.89%
Return on Equity: 26.66%
Return on Assets: 5.41%

Debt

Debt-to-Equity Ratio: 2.68
Current Ratio: 1.55
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: $9.79 billion
Price / Sales: 0.20
Cash Flow: $5.16 per share
Price / Cash Flow: 4.85
Book Value: $12.44 per share
Price / Book: 2.01

Miscellaneous

Outstanding Shares: 76,250,000
Free Float: 73,129,000
Market Cap: $1.91 billion
Optionable: Optionable
Beta: 0.60

Social Links

Key Executives

Mr. Edward A. Pesicka (Age 54)
Pres, CEO & Director
Comp: $3.28M

Mr. Andrew G. Long (Age 57)
Exec. VP & CFO
Comp: $1.67M

Mr. Jeffrey T. Jochims (Age 54)
Exec. VP, COO and Pres of Products & Healthcare Services
Comp: $1.68M

Mr. Nicholas Joseph Pace II (Age 51)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $1.38M

Mr. Michael Wayne Lowry (Age 60)
Sr. VP, Corp. Controller & Chief Accounting Officer

Alex Jost CPA
Director of Investor Relations

Ms. Tammy Gomez
Exec. VP & Chief HR Officer

Mr. David Myers
Sr. VP & Chief Procurement Officer

Mr. Daniel J. Starck (Age 55)
Exec. VP & Pres of Patient Direct

Mr. Jonathan A. Leon (Age 55)
Sr. VP & Corp. Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OMI Stock - Frequently Asked Questions

Should I buy or sell Owens & Minor stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OMI shares.
View OMI analyst ratings or view top-rated stocks.
What is Owens & Minor's stock price forecast for 2022?: 2 Wall Street research analysts have issued 12-month price objectives for Owens & Minor's stock. Their OMI share price forecasts range from $37.00 to $62.00. On average, they expect the company's stock price to reach $50.33 in the next year. This suggests a possible upside of 100.3% from the stock's current price.
View analysts price targets for OMI or view top-rated stocks among Wall Street analysts.
How have OMI shares performed in 2022?: Owens & Minor's stock was trading at $43.50 at the start of the year. Since then, OMI shares have decreased by 42.2% and is now trading at $25.13.
View the best growth stocks for 2022 here.
When is Owens & Minor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our OMI earnings forecast.
How were Owens & Minor's earnings last quarter?: Owens & Minor, Inc. (NYSE:OMI) issued its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.53 billion. Owens & Minor had a trailing twelve-month return on equity of 26.66% and a net margin of 1.56%. Owens & Minor's quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.06 EPS.
How often does Owens & Minor pay dividends? What is the dividend yield for Owens & Minor?: Owens & Minor declared a quarterly dividend on Friday, October 29th. Investors of record on Wednesday, December 15th will be paid a dividend of $0.002 per share on Friday, December 31st. This represents a $0.01 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date is Tuesday, December 14th.
Read our dividend analysis for OMI.
What guidance has Owens & Minor issued on next quarter's earnings?: Owens & Minor updated its FY22 earnings guidance on Tuesday, September, 13th. The company provided EPS guidance of $2.85-3.15 for the period, compared to the consensus earnings per share estimate of $3.01. The company issued revenue guidance of $9.8-10.1 billion, compared to the consensus revenue estimate of $9.95 billion.
What is Ed Pesicka's approval rating as Owens & Minor's CEO?: 36 employees have rated Owens & Minor Chief Executive Officer Ed Pesicka on Glassdoor.com. Ed Pesicka has an approval rating of 65% among the company's employees.

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).
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 many different retail and institutional investors. Top institutional investors include FMR LLC (14.97%), State Street Corp (3.70%), William Blair Investment Management LLC (3.61%), Allspring Global Investments Holdings LLC (2.81%), Brown Advisory Inc. (1.99%) and Brown Advisory Inc. (1.99%). Insiders that own company stock include Andrew G Long, Andrew G Long, Christopher M Lowery, Edward A Pesicka, Gwendolyn M Bingham, Jeffrey T Jochims, Jeffrey T Jochims, Jonathan A Leon, Lawrence Lacerte, Mark P Zacur, Michael Wayne Lowry, Nicholas J Pace, Robert J Henkel, Robert Weideman and Shana Carol Neal.
View institutional ownership trends.
How do I buy shares of Owens & Minor?: Shares of OMI stock 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.
Compare Top Brokerages Here.
What is Owens & Minor's stock price today?: One share of OMI stock can currently be purchased for approximately $25.13.
How much money does Owens & Minor make?: Owens & Minor (NYSE:OMI) has a market capitalization of $1.92 billion and generates $9.79 billion in revenue each year. The company earns $221.59 million in net income (profit) each year or $2.02 on an earnings per share basis.
How many employees does Owens & Minor have?: The company employs 17,300 workers across the globe.
Does Owens & Minor have any subsidiaries?: The following companies are subsidiares of Owens & Minor: 500 Expressway Drive South LLC, 5nq, AVID Medical Inc., Access Diabetic Supply, Access Diabetic Supply L.L.C., Access Respiratory Supply Inc, Arabian Medical Products Manufacturing Company, ArcRoyal, ArcRoyal Holdings Unlimited Company, ArcRoyal Unlimited Company, Barista Acquisition I LLC, Barista Acquisition II LLC, Byram Healthcare Centers, Byram Healthcare Centers Inc., Byram Holdings I Inc., Clinical Care Services L.L.C., Cyrus Medical Systems, Diabetes Specialty Center L.L.C., Fusion 5 Inc., Halyard Health - S&IP, Halyard Malaysia SND BHD, Halyard North Carolina LLC, HealthCare Logistics Services, Key Diabetes Supply Co., La Ada de Acuna S. de R.L. de C.V., MAI Acquisition Corp., MIRA Medsource (Malaysia) SDN. BHD., McKesson's Acute-Care Medical, Medegen Newco LLC, Medical Action Industries, Medical Action Industries Inc., Medical Supply Group Inc., Mira MEDsource (Shanghai) Co. LTD, Mira MEDsource Holding Company Limited, Movianto, Nalvest Limited, O and M Halyard South Africa Pty Ltd, O&M Brasil Consultoria Ltda, O&M Byram Holdings GP, O&M Funding LLC, O&M Halyard Australia PTY LTD, O&M Halyard Belgium, O&M Halyard Canada Inc., O&M Halyard France, O&M Halyard Germany GmbH, O&M Halyard Health India Private Limited, O&M Halyard Honduras S.A. de C.V., O&M Halyard Inc., O&M Halyard International Unlimited Company, O&M Halyard Ireland Limited, O&M Halyard Japan GK, O&M Halyard Mexico S. de R.L. de C.V., O&M Halyard Netherlands B.V., O&M Halyard Singapore PTE Ltd, O&M Halyard UK Limited, O&M Healthcare Italia S.R.L., O&M International Healthcare C.V., O&M Worldwide LLC, OMSolutions International Inc., Owens & Minor Canada Inc., Owens & Minor Distribution Inc., Owens & Minor Global Resources LLC, Owens & Minor Global Services Unlimited Company, Owens & Minor Healthcare Supply Inc., Owens & Minor Inc., Owens & Minor Inc. Executive Deferred Compensation Trust, Owens & Minor International Logistics Inc., Owens & Minor International Unlimited Company, Owens & Minor Ireland Unlimited Company, Owens & Minor Jersey Holdings Limited, Owens & Minor Jersey Unlimited, Owens & Minor Medical Inc., Safeskin Medical & Scientific (Thailand) Ltd., Stuart Medical, and The Burrows Company.
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How can I contact Owens & Minor?: Owens & Minor's mailing address is 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA, 23261. The official website for the company is www.owens-minor.com. The company can be reached via phone at (804) 723-7000, via email at truitt.allcott@owens-minor.com, or via fax at 804-723-7100.

This page (NYSE:OMI) was last updated on 9/27/2022 by MarketBeat.com Staff

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Owens & Minor - OMI Stock Forecast, Price & News

Owens & Minor MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability