What The Financials Tell Us About Owens & Minor Inc. (OMI)


Owens & Minor Inc. (NYSE:OMI) finished Friday with an addition of $0.09 to close at $19.53, an upside of 0.46 percent. An average of 656,660 shares of common stock have been traded in the last five days. There was a gain of $0.21 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 767,915 shares traded, while the 50-day average volume stands at 823,872.

OMI stock has decreased by -5.24% in the last month. The company shares reached their 1-month lowest point of $18.62 on 12/20/22. With the stock rallying to its 52-week high on 01/12/22, shares of the company touched a low of $14.10 and a high of $49.11 in 52 weeks. It has reached a new high 6 times so far this year and lost -55.10% or -$23.97 in price. In spite of this, the price is down -60.23% from the 52-week high.

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Insider Transactions

OMI stock investors should be aware that Owens & Minor Inc. (OMI) stock had its last reported insider trading activity 183 days ago on Oct 17. In this transaction, the insider spent $250,480. President & CEO, Pesicka Edward A, disposed of 12,028 shares at a price of $35.92 on May 17. The insider now owns more than $432,094 worth of shares. Prior to that, President & CEO Pesicka Edward A went on to Sale 132,564 shares at $35.32 each on May 16. An amount of $4,682,301 was transacted.

Valuation Metrics

Owens & Minor Inc. (OMI) has a trailing price-to-earnings (P/E) ratio of 12.14. The stock’s beta is 0.65. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.15, the price-to-book (PB) ratio at 1.51, and the price-to-cash flow ratio at 8.99.

Financial Health

The quick ratio of Owens & Minor Inc. for the recent quarter was 0.60, and the current ratio was 1.50, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.63 and a total debt to equity ratio of 2.64 for the recent quarter. Its gross profit as reported stood at $1.51 billion compared to revenue of $9.79 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Owens & Minor Inc.’s return on assets was 2.40%.

Earnings Surprise

For the recent quarter, Owens & Minor Inc. had $2.55 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $12.5 million in the quarter, while revenues of $28.6 million were shrunk -253.04%. Shareholders own equity worth $76.23 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Owens & Minor Inc. (OMI) price momentum. RSI 9-day as of the close on 30 December was 45.12%, suggesting the stock is Neutral, with historical volatility in this time frame at 24.47%.

As of today, OMI’s price is $19.49 +1.09% or $0.21 from its 5-day moving average. OMI is currently trading -4.26% lower than its 20-day SMA and -41.30% lower than its 100-day SMA. However, the stock’s current price level is +20.48% above the SMA50 and -56.56% below the SMA200.

The stochastic %K and %D were 21.06% and 22.31%, respectively, and the average true range (ATR) was 0.71. With the 14-day stochastic at 23.85% and the average true range at 0.78, the RSI (14) stands at 46.31%. The stock has reached 0.04 on the 9-day MACD Oscillator while the 14-day reading was at -0.39.

Analyst Ratings

Citigroup downgraded Owens & Minor Inc. (NYSE: OMI) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy.


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