Leerink Partnrs Forecasts Owens & Minor Q1 Earnings

Owens & Minor, Inc. (NYSE:OMI - Free Report) - Equities research analysts at Leerink Partnrs issued their Q1 2025 earnings estimates for Owens & Minor in a note issued to investors on Monday, November 4th. Leerink Partnrs analyst M. Cherny anticipates that the company will post earnings per share of $0.29 for the quarter. The consensus estimate for Owens & Minor's current full-year earnings is $1.55 per share. Leerink Partnrs also issued estimates for Owens & Minor's Q3 2025 earnings at $0.48 EPS and FY2027 earnings at $2.59 EPS.

Several other equities analysts also recently commented on OMI. StockNews.com downgraded shares of Owens & Minor from a "buy" rating to a "hold" rating in a report on Monday, August 26th. JPMorgan Chase & Co. cut their target price on Owens & Minor from $22.00 to $18.00 and set an "underweight" rating on the stock in a research note on Wednesday, August 21st. UBS Group dropped their price objective on Owens & Minor from $28.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday. Robert W. Baird cut their price objective on Owens & Minor from $19.00 to $14.00 and set a "neutral" rating on the stock in a research report on Tuesday. Finally, Citigroup decreased their target price on Owens & Minor from $21.00 to $18.50 and set a "buy" rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $18.50.

Owens & Minor Trading Up 15.3 %

OMI stock traded up $1.81 during mid-day trading on Wednesday, reaching $13.61. 1,391,204 shares of the stock traded hands, compared to its average volume of 837,567. Owens & Minor has a one year low of $11.42 and a one year high of $28.35. The stock has a market capitalization of $1.05 billion, a PE ratio of -20.94, a PEG ratio of 0.39 and a beta of 0.41. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.51 and a current ratio of 1.09. The business has a 50-day moving average price of $14.46 and a two-hundred day moving average price of $16.10.

Owens & Minor (NYSE:OMI - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.01. The business had revenue of $2.72 billion for the quarter, compared to the consensus estimate of $2.68 billion. Owens & Minor had a positive return on equity of 14.60% and a negative net margin of 0.46%. The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 earnings per share.

Institutional Trading of Owens & Minor

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Owens & Minor by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 8,749,866 shares of the company's stock valued at $242,459,000 after purchasing an additional 162,182 shares during the period. Deerfield Management Company L.P. Series C increased its holdings in Owens & Minor by 30.6% during the second quarter. Deerfield Management Company L.P. Series C now owns 6,371,440 shares of the company's stock valued at $86,014,000 after buying an additional 1,493,852 shares during the period. Renaissance Technologies LLC raised its stake in Owens & Minor by 16.5% in the second quarter. Renaissance Technologies LLC now owns 1,246,600 shares of the company's stock worth $16,829,000 after buying an additional 176,250 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Owens & Minor by 25.9% during the first quarter. Gabelli Funds LLC now owns 170,000 shares of the company's stock worth $4,711,000 after buying an additional 35,000 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Owens & Minor by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 4,534,204 shares of the company's stock worth $61,213,000 after buying an additional 76,599 shares during the period. 98.04% of the stock is currently owned by institutional investors.

About Owens & Minor

Owens & Minor, Inc, together with its subsidiaries, operates as a healthcare solutions company worldwide. It operates through Products & Healthcare Services and Patient Direct segments. The Products & Healthcare Services segment offers a portfolio of products and services to healthcare providers and manufacturers.