NYSE:OMIOwens & Minor Stock Price, Forecast & News

$7.57

-0.07 (-0.92 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$7.46

Now: $7.57▼

$7.80

50-Day Range

$6.53

MA: $7.29▼

$8.12

52-Week Range

$2.43

Now: $7.57▼

$9.69

Volume1.16 million shs

Average Volume2.54 million shs

Market Capitalization$476.97 million

P/E RatioN/A

Dividend Yield0.13%

Beta0.13

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; various programs to provide logistics and marketing solutions to its suppliers; and contract logistics services to the pharmaceutical, biotechnology, and medical device industries offering a range of supply chain logistics services to manufacturers. In addition, it offers business services comprising order-to-cash, re-labeling, customer service, and returns management; and warehousing and transportation services consisting of storage, controlled-substance handling, cold-chain, emergency and export delivery, inventory management, and pick and pack services. The Global Products segment manufactures and sources medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels. Its 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 Mechanicsville, Virginia.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
Owens & Minor has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.00, Owens & Minor has a potential upside of 5.7% from its current price of $7.57.
Amount of Analyst Coverage
Owens & Minor has only been the subject of 3 research reports in the past 90 days.

1.8 Community Rank

Outperform Votes
Owens & Minor has received 219 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Owens & Minor has received 378 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Owens & Minor has received 63.32% “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.

5.0 Dividend Strength

Dividend Leadership
Owens & Minor is a leading dividend payer. It pays a dividend yield of 0.13%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Owens & Minor has been increasing its dividend for 20 years.
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 1.49 % next year. This indicates that Owens & Minor will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Owens & Minor insiders have bought more of their company's stock than they have sold. Specifically, they have bought $72,900.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.15% of the stock of Owens & Minor is held by insiders.
Percentage Held by Institutions
87.50% of the stock of Owens & Minor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Owens & Minor are expected to grow by 28.85% in the coming year, from $0.52 to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Owens & Minor is -7.57, 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 -7.57, 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 1.77. 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 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.64 out of 5 stars

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

Debt

Debt-to-Equity Ratio3.83

Current Ratio1.63

Quick Ratio0.91

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio14.56

P/E Growth1.77

Sales & Book Value

Annual Sales$9.21 billion

Price / Sales0.05

Cash Flow$2.93 per share

Price / Cash Flow2.58

Book Value$7.35 per share

Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$0.56

Net Income$-62,370,000.00

Net Margins-0.65%

Return on Equity7.44%

Return on Assets0.93%

Miscellaneous

Employees15,400

Outstanding Shares63,008,000

Market Cap$476.97 million

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Owens & Minor (NYSE:OMI) Frequently Asked Questions

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

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. Since then, OMI stock has increased by 69.0% and is now trading at $7.57. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Owens & Minor?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Owens & Minor in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Owens & Minor.

When is Owens & Minor's next earnings date?

Owens & Minor is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Owens & Minor.

How were Owens & Minor's earnings last quarter?

Owens & Minor, Inc. (NYSE:OMI) released its quarterly earnings results on Wednesday, May, 6th. The company reported $0.04 EPS for the quarter, hitting analysts' consensus estimates of $0.04. The company had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $2.08 billion. Owens & Minor had a positive return on equity of 7.44% and a negative net margin of 0.65%. The firm's revenue for the quarter was down 9.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.02 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 Thursday, May 7th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0025 per share on Tuesday, June 30th. This represents a $0.01 annualized dividend and a yield of 0.13%. The ex-dividend date is Friday, June 12th. This is an increase from Owens & Minor's previous quarterly dividend of $0.00. 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 Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of $0.50-0.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54.

What price target have analysts set for OMI?

4 equities research analysts have issued 1-year price objectives for Owens & Minor's stock. Their forecasts range from $7.50 to $8.50. On average, they anticipate Owens & Minor's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price. View analysts' price targets for Owens & Minor.

Has Owens & Minor been receiving favorable news coverage?

Media stories about OMI stock have been trending very negative recently, according to InfoTrie. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Owens & Minor earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutOwens & Minor.

Are investors shorting Owens & Minor?

Owens & Minor saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 13,630,000 shares, an increase of 15.1% from the April 30th total of 11,840,000 shares. Based on an average daily trading volume, of 3,030,000 shares, the short-interest ratio is presently 4.5 days. Currently, 22.3% of the company's shares are sold short. View Owens & Minor's Current Options Chain.

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 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 AT&T (T), AbbVie (ABBV), Alibaba Group (BABA), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), NVIDIA (NVDA), Pfizer (PFE), Micron Technology (MU), Applied Materials (AMAT) and Gilead Sciences (GILD).

Who are Owens & Minor's key executives?

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

Mr. Charles C. Colpo, Sr. VP of Strategic Relationships (Age 61)
Mr. Edward A. Pesicka, Pres, CEO & Director (Age 51)
Mr. Robert K. Snead, Exec. VP & CFO (Age 42)
Mr. Michael Wayne Lowry, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 57)
Mr. Joseph S. Pekala, Sr. VP & Chief Information Officer (Age 48)

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 BlackRock Inc. (15.32%), JPMorgan Chase & Co. (4.32%), State Street Corp (4.21%), Invesco Ltd. (1.93%), Smith Graham & Co. Investment Advisors LP (1.70%) and Morgan Stanley (1.57%). Company insiders that own Owens & Minor stock include Charles C Colpo, Geoff Taylor Marlatt and Robert J Henkel. View institutional ownership trends for Owens & Minor.

Which major investors are selling Owens & Minor stock?

OMI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Public Sector Pension Investment Board, Invesco Ltd., Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, Alambic Investment Management L.P., and State Street Corp. View insider buying and selling activity for Owens & Minor.

Which major investors are buying Owens & Minor stock?

OMI stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, AQR Capital Management LLC, Invenomic Capital Management LP, Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., and Cozad Asset Management Inc.. View insider buying and selling activity for Owens & Minor.

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 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 $7.57.

How big of a company is Owens & Minor?

Owens & Minor has a market capitalization of $476.97 million 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 6/5/2020 by MarketBeat.com Staff