OMI stock: buy or sell?
August 22nd, 2019
Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare services company in the United States, the United Kingdom, Ireland, France, Germany, and other European countries.
Should I buy OMI stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Owens & Minor stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Owens & Minor stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 5 ratings published for OMI stock in the last month. The general sentiment of these ratings is bearish for OMI stock, with 1 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-10||Bank of America||n/a||Neutral|
|2019-2-21||Jefferies Financial Group||n/a||Hold|
|2019-1-3||Bank of America||Neutral||Neutral|
OMI stock analysis
Shares of Owens & Minor rose a more than good 2.55% and closed at $4.82.
Owens & Minor shares rose 2.55% to $4.82 today. For the last 15 days when OMI stock price broke up the SMA100d line, it gained $1.97 (69.12%).
After climbing for 4 weeks, this week Owens & Minor declined an ugly -0.82%, closing at $4.82. Early August OMI climbed an outstanding 38.20% in just one week. By mid July OMI plunged a frightening -20.45% in just one week.
Since price and 40-weeks moving average lines crossed down early October, OMI fell $-11.52 per share (-70.50%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
OMI stock price history
OMI stock went public on March 17th, 1980 with a price of $0.231. Since then, OMI stock grew a 1,995.70%, with an average of 51.20% per year. If you had invested right after OMI's IPO a $1,000 in OMI stock in 1980, it would worth $19,957.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OMI stock historical price chart
OMI stock reached 52-week highs on September at $17.91, and all-time highs 2016-04-19 with a price of 36.88.
OMI stock price target is $6.30Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' OMI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 5 price predictions for OMI stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-10||Bank of America||Lowers Target||$7.00||$4.50||-35.7%|
|2019-2-21||Jefferies Financial Group||Reiterates||n/a||$7.00||-|
|2019-1-3||Bank of America||Reiterates||$11.00||$7.00||-36.4%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOwens & Minor let down analysts on February when it posted an Earnings per Share (EPS) of $0.09 when the market consensus was $0.14.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Owens & Minor annual sales soared a good 5.59% to $9,838.71 million USD from $9,318.28 marked in 2017. However, its earnings margin (compared to revenues) dropped to -4.44%, that is $-437.01 million.
|2013||$9,070 M||-||$110 M1.2%||-|
|2014||$9,440 M||4.08%||$67 M0.7%||-39.62%|
|2015||$9,773 M||3.53%||$103 M1.1%||55.50%|
|2016||$9,723 M||-0.51%||$109 M1.1%||5.20%|
|2017||$9,318 M||-4.17%||$73 M0.8%||-33.09%|
|2018||$9,839 M||5.59%||$-437.01 M-4.4%||-700.35%|
Quarterly financial resultsOwens & Minor reported $2,542.98 million in sales for 2018-Q4, a 3.17% up compared to previous quarter. Reported quarter earnings marked $-261.82 million with a profit margin of -10.30%. Profit margin collapsed a -10.27% compared to previous quarter when profit margin was -0.02%. When comparing turnover to same quarter last year, Owens & Minor sales marked a pretty good growth and jumped a 6.41%. Looking back to recent quarterly results, Owens & Minor posted 3 negative quarters in a row.
|2017-Q1||$2,330 M||-||$18.55 M0.8%||-|
|2017-Q2||$2,270 M||-2.58%||$19.91 M0.9%||7.33%|
|2017-Q3||$2,334 M||2.82%||$10.87 M0.5%||-45.40%|
|2017-Q4||$2,390 M||2.39%||$23.00 M1.0%||111.54%|
|2018-Q1||$2,373 M||-0.72%||$8.15 M0.3%||-64.56%|
|2018-Q2||$2,458 M||3.61%||$-182.78 M-7.4%||-2,342.39%|
|2018-Q3||$2,465 M||0.27%||$-0.57 M-0.0%||-99.69%|
|2018-Q4||$2,543 M||3.17%||$-261.82 M-10.3%||46,240.00%|
Owens & Minor ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
Owens & Minor shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.47% of all shares.
Bearish positions for OMI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Owens & Minor:
|Market cap||$303.4 M||$18.0 B||$13.0 B||$71.2 B||$9.1 B|
|Total shares||62.9 M||208.3 M||298.1 M||8,730.0 M||149.1 M|
|Float shares||60.5 M||150.9 M||296.8 M||8,720.0 M||147.3 M|
|- Institutional holdings (%)||98.2%||68.0%||92.4%||58.6%||105.9%|
|- Insider holdings (%)||3.5%||27.1%||0.3%||0.2%||1.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$4.70 - $4.92|
|Average true range||$0.47|
|50d mov avg||$3.37|
|100d mov avg||$3.44|
|200d mov avg||$5.10|
Owens & Minor performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Owens & Minor against , Cardinal Health, General Electric, Henry Schein, , McKesson, Patterson Companies, Premier and Teleflex in the following table:
|OMIOwens & Minor||38.51%||-24.33%||-70.27%|