Owens & Minor Inc. (NYSE:OMI) went down by -9.45% from its latest closing price compared to the recent 1-year high of $31.90. The company’s stock price has collected -5.34% of loss in the last five trading sessions. Press Release reported on 01/06/21 that Owens & Minor to Present at the 39th Annual J.P. Morgan Healthcare Conference
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Is It Worth Investing in Owens & Minor Inc. (NYSE :OMI) Right Now?
Owens & Minor Inc. (NYSE:OMI) scored a price-to-earnings ratio above its average ratio, recording 52.24 x from its present earnings ratio. Plus, the 36-month beta value for OMI is at 0.25. Opinions of the stock are interesting as 2 analysts out of 8 who provided ratings for Owens & Minor Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $29.13, which is $1.41 above the current price. Today, the average trading volume of OMI was 1.25M shares.
OMI’s Market Performance
OMI stocks went down by -5.34% for the week, with a monthly jump of 2.59% and a quarterly performance of 9.91%, while its annual performance rate touched 454.33%. The volatility ratio for the week stands at 5.61% while the volatility levels for the past 30 days are set at 6.61% for Owens & Minor Inc.. The simple moving average for the period of the last 20 days is -3.45% for OMI stocks with a simple moving average of 72.32% for the last 200 days.
Analysts’ Opinion of OMI
Many brokerage firms have already submitted their reports for OMI stocks, with UBS repeating the rating for OMI by listing it as a “Buy.” The predicted price for OMI in the upcoming period, according to UBS is $37 based on the research report published on December 17th of the previous year 2020.
Barclays, on the other hand, stated in their research note that they expect to see OMI reach a price target of $20. The rating they have provided for OMI stocks is “Equal Weight” according to the report published on September 25th, 2020.
Robert W. Baird gave a rating of “Outperform” to OMI, setting the target price at $14 in the report published on July 21st of the previous year.
OMI Trading at 6.25% from the 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, the company was unable to rebound, for now settling with -11.72% of loss for the given period.
Volatility was left at 6.61%, however, over the last 30 days, the volatility rate increased by 5.61%, as shares surge +2.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.10% upper at present.
During the last 5 trading sessions, OMI fell by -5.34%, which changed the moving average for the period of 200-days by +235.64% in comparison to the 20-day moving average, which settled at $29.20. In addition, Owens & Minor Inc. saw 4.10% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OMI starting from Lowry Michael Wayne, who sale 10,000 shares at the price of $22.22 back on Nov 10. After this action, Lowry Michael Wayne now owns 72,436 shares of Owens & Minor Inc., valued at $222,200 using the latest closing price.
Riordan Michael C, the Director of Owens & Minor Inc., purchase 20,000 shares at $13.67 during a trade that took place back on Aug 10, which means that Riordan Michael C is holding 20,000 shares at $273,450 based on the most recent closing price.
Stock Fundamentals for OMI
Current profitability levels for the company are sitting at:
- +1.14 for the present operating margin
- +11.20 for the gross margin
The net margin for Owens & Minor Inc. stands at -0.25. The total capital return value is set at 4.89, while invested capital returns managed to touch -1.06. Equity return is now at value -13.90, with -1.70 for asset returns.
Based on Owens & Minor Inc. (OMI), the company’s capital structure generated 358.77 points at debt to equity in total, while total debt to capital is 78.20. Total debt to assets is 45.51, with long-term debt to equity ratio resting at 351.72. Finally, the long-term debt to capital ratio is 76.67.
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When we switch over and look at the enterprise to sales, we see a ratio of 0.21, with the company’s debt to enterprise value settled at 0.87. The receivables turnover for the company is 10.96 and the total asset turnover is 2.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.70.
