Stock To Watch: Owens & Minor, Inc. (NYSE:OMI)


The leading market experts have placed a mean price target of $33.830 on Owens & Minor, Inc. (NYSE:OMI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.510 a share for the upcoming quarter and $2.050 for the current fiscal.

Technical View

The technical analysis of Owens & Minor, Inc. Common Stoc plainly substantiates that the 50-day moving average of Owens & Minor, Inc. Common Stoc is $34.709, and stock is trading $-0.434 points away or -1.252% from its 50-day moving average of $34.709. Further it is trading $-2.971 or -7.977% away its 200-day moving average of $37.246. Owens & Minor, Inc. (NYSE:OMI) 52-week high is $41.480 and the 52-week low is $31.890.

This explains if the stock moves $-7.205, it will post a 52-week high. In event of +7.479% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Owens & Minor, Inc. Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Owens & Minor, Inc. (NYSE:OMI) ratio came in at 19.137.

The stock last ended the trading session at $34.275 and registered a market cap of $2.14B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Owens & Minor, Inc. (NYSE:OMI) PEG ratio is at 4.750.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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