Owens & Minor, Inc. (NYSE:OMI) went down by -1.57% from its latest closing price when compared to the 1-year high value of $8.43 and move down -49.2%, while OMI stocks collected -6.15% of loss with the last five trading sessions. Press Release reported on 03/04/20 that Owens & Minor Reports 4th Quarter and Full Year 2019 Financial Results
Owens & Minor, Inc. (NYSE:OMI) Worth an Investment?
Owens & Minor, Inc. (NYSE: OMI) The 36 Months beta value for OMI stocks is at 0.92, while of the analysts out of 0 who provided ratings for Owens & Minor, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $5.18 which is -$0.48 below current price. OMI currently has a short float of 22.53% and public float of 60.59M with average trading volume of 2.02M shares.
OMI Market Performance
OMI stocks went down by -6.15% for the week, with the monthly drop of -14.26% and a quarterly performance of 12.10%, while its annual performance rate touched 34.84%. The simple moving average for the period of the last 20 days is -1.27% for OMI stocks with the simple moving average of 4.43% for the last 200 days.
Analysts’ Opinion on Owens & Minor, Inc. (NYSE:OMI)
Many brokerage firms have already submitted their reports for OMI stocks, with Robert W. Baird repeating the rating for OMI shares by setting it to “Outperform”. The predicted price for OMI socks in the upcoming period according to Robert W. Baird is $9 based on the research report published on January 21, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see OMI stock at the price of $7.50, previously predicting the value of $4. The rating they have provided for OMI stocks is “Neutral” according to the report published on September 6, 2019.
BofA/Merrill gave “Neutral” rating to OMI stocks, setting the target price at $4.50 in the report published on April 10, 2019.
OMI Stocks -7.36% Far from 50 Day Moving Average
After a stumble in the market that brought OMI to its low price for the period of the last 52 weeks, Owens & Minor, Inc. was unable to take a rebound, for now settling with -32.98% of loss for the given period.
The stock volatility was left at 14.42%, however, within the period of a single month, the volatility rate increased by 14.82%, while the shares sank at the distance of -13.74% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +16.26% upper at the present time.
In the course of the last 5 trading sessions, OMI went down by -6.15%, which changed the moving average for the period of 200 days to the total of +98.25% of gains for the stock in comparison to the 20-day moving average settled at $5.68. In addition, Owens & Minor, Inc. saw 9.28% in overturn over the period of a single year with a tendency to cut further gains.
OMI Stock Fundamentals
The current profitability levels are settled at +1.14 for the present operating margin and +11.20 for gross margin. The net margin for Owens & Minor, Inc. stands at -0.25. Equity return holds the value -12.80%, with -1.70% for asset returns.