OMI stock: buy or sell?

OMI stock price: $4.82 2.55% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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Shares of Owens & Minor rose a more than good 2.55% and closed at $4.82. On August 14th OMI plunged a scary -8.21%. On Aug 13th OMI rocketed an extraordinary 6.23%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is OMI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-10Bank of American/aNeutral
2019-2-21Jefferies Financial Groupn/aHold
2019-2-21Barclaysn/aSell
2019-1-3Bank of AmericaNeutralNeutral
2019-1-17UBS Groupn/aNeutral

OMI stock analysis

Daily outlook

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%).

OMI stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $6.30

Nobody 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:
OMI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-10Bank of AmericaLowers Target$7.00$4.50-35.7%
2019-2-21Jefferies Financial GroupReiteratesn/a$7.00-
2019-2-21BarclaysReiteratesn/a$5.00-
2019-1-3Bank of AmericaReiterates$11.00$7.00-36.4%
2019-1-17UBS GroupInitiatesn/a$8.00-
(in average)$9.00$6.30-30.0%
Moving in a range from $8.00 and $4.50, the price forecast for Owens & Minor stock is $6.30. In average, analysts' outlook on OMI price forecast is negative, downsizing the forecast by a -30.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Owens & Minor let down analysts on February when it posted an Earnings per Share (EPS) of $0.09 when the market consensus was $0.14.
OMI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.41n/a
2017-Q2-n/a0.78n/a
2017-Q32017-11-010.50.4-20.0%
2017-Q42018-02-140.340.352.9%
2018-Q12018-05-100.470.43-8.5%
2018-Q22018-08-070.460.32-30.4%
2018-Q32018-10-310.320.320.0%
2018-Q42019-02-190.140.09-35.7%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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.

OMI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$9,070 M-$110 M1.2%-
2014$9,440 M4.08%$67 M0.7%-39.62%
2015$9,773 M3.53%$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$9,839 M5.59%$-437.01 M-4.4%-700.35%

Quarterly financial results

Owens & 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.
OMI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M2.82%$10.87 M0.5%-45.40%
2017-Q4$2,390 M2.39%$23.00 M1.0%111.54%
2018-Q1$2,373 M-0.72%$8.15 M0.3%-64.56%
2018-Q2$2,458 M3.61%$-182.78 M-7.4%-2,342.39%
2018-Q3$2,465 M0.27%$-0.57 M-0.0%-99.69%
2018-Q4$2,543 M3.17%$-261.82 M-10.3%46,240.00%

Owens & Minor ownership

When 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:

OMIABCCAHGEHSIC
Market cap$303.4 M$18.0 B$13.0 B$71.2 B$9.1 B
Total shares62.9 M208.3 M298.1 M8,730.0 M149.1 M
Float shares60.5 M150.9 M296.8 M8,720.0 M147.3 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 selling0.0%0.0%0.0%0.0%0.0%

OMI summary

Thursday, August 22nd, 2019
Open$4.73
Close$4.82
Day range$4.70 - $4.92
Previous close$4.70
Session gain2.55%
Average true range$0.47
50d mov avg$3.37
100d mov avg$3.44
200d mov avg$5.10
Daily pattern
Weekly pattern

Owens & Minor performance

Performance 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:
Stock3m6m12m
OMIOwens & Minor38.51%-24.33%-70.27%
ABC7.50%1.76%-0.40%
CAHCardinal Health-3.78%-18.65%-12.13%
GEGeneral Electric-13.56%-16.39%-31.26%
HSICHenry Schein-8.50%2.30%-3.66%
JNJ-5.27%-2.41%-0.66%
MCKMcKesson14.09%13.08%15.37%
PDCOPatterson Compani...-21.60%-21.81%-23.46%
PINCPremier2.41%2.83%-14.34%
TFXTeleflex24.53%29.28%49.20%

Owens & Minor competitors

We selected a few stocks to conform a list of Owens & Minor competitors to review if you are interested in investing in OMI: