Owens & Minor (OMI) to Release Quarterly Earnings on Friday

Owens & Minor (NYSE:OMI - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Friday, February 28th. Analysts expect Owens & Minor to post earnings of $0.53 per share and revenue of $2.68 billion for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Owens & Minor Trading Down 2.7 %

Shares of NYSE:OMI traded down $0.18 during midday trading on Friday, reaching $6.23. The company's stock had a trading volume of 2,242,853 shares, compared to its average volume of 1,221,681. The firm has a market cap of $480.00 million, a price-to-earnings ratio of -9.58, a price-to-earnings-growth ratio of 0.21 and a beta of 0.48. The business has a 50 day moving average price of $12.22 and a 200 day moving average price of $13.59. Owens & Minor has a 1 year low of $6.07 and a 1 year high of $28.35. The company has a quick ratio of 0.45, a current ratio of 1.09 and a debt-to-equity ratio of 2.11.

Analysts Set New Price Targets

Several research firms have commented on OMI. UBS Group lowered their price target on Owens & Minor from $25.00 to $13.00 and set a "buy" rating for the company in a report on Thursday, February 13th. Citigroup dropped their price target on shares of Owens & Minor from $21.00 to $18.50 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Barclays decreased their price target on shares of Owens & Minor from $18.00 to $14.00 and set an "equal weight" rating on the stock in a report on Tuesday, November 5th. Finally, Robert W. Baird dropped their price objective on Owens & Minor from $15.00 to $14.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $16.79.

About Owens & Minor

Owens & Minor, Inc is a healthcare solutions company, which engages in the product manufacturing and delivery, home health supply, and perioperative services to support care through the hospital and into the home. It operates through the Products and Healthcare Services, and Patient Direct segments.