Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Owens & Minor (OMI) Share Price
News articles about Owens & Minor (NYSE:OMI) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Owens & Minor earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.8311197343242 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Owens & Minor (NYSE OMI) opened at $18.84 on Thursday. The company has a current ratio of 1.77, a quick ratio of 0.95 and a debt-to-equity ratio of 0.91. Owens & Minor has a fifty-two week low of $17.75 and a fifty-two week high of $37.02. The company has a market cap of $1,173.54, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 2.05 and a beta of 0.87.
Owens & Minor (NYSE:OMI) last released its earnings results on Wednesday, November 1st. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.10). Owens & Minor had a return on equity of 10.85% and a net margin of 0.83%. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the firm posted $0.51 EPS. Owens & Minor’s revenue was down 3.4% on a year-over-year basis. equities analysts forecast that Owens & Minor will post 1.78 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a yield of 5.47%. The ex-dividend date of this dividend is Thursday, December 14th. Owens & Minor’s dividend payout ratio is presently 80.47%.
A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Owens & Minor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 4th. Jefferies Group reaffirmed a “hold” rating and set a $32.00 target price (down previously from $36.00) on shares of Owens & Minor in a report on Wednesday, August 9th. Credit Suisse Group reaffirmed an “underperform” rating and set a $17.00 target price (down previously from $31.00) on shares of Owens & Minor in a report on Monday, November 20th. Robert W. Baird reaffirmed a “hold” rating and set a $28.00 target price on shares of Owens & Minor in a report on Thursday, October 12th. Finally, UBS reaffirmed a “sell” rating and set a $29.50 target price (down previously from $30.50) on shares of Owens & Minor in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.25.
About Owens & Minor
Owens & Minor, Inc is a healthcare services company that connects the world of medical products to the point of care. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. The Company’s segments include Domestic, International and Clinical & Procedural Solutions (CPS).
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