Owens & Minor Q1 EPS Estimate Reduced by Leerink Partnrs

Owens & Minor, Inc. (NYSE:OMI - Free Report) - Equities researchers at Leerink Partnrs lowered their Q1 2025 EPS estimates for Owens & Minor in a research note issued to investors on Monday, February 3rd. Leerink Partnrs analyst M. Cherny now forecasts that the company will post earnings per share of $0.28 for the quarter, down from their previous estimate of $0.29. The consensus estimate for Owens & Minor's current full-year earnings is $1.51 per share. Leerink Partnrs also issued estimates for Owens & Minor's Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.58 EPS, FY2026 earnings at $1.97 EPS and FY2027 earnings at $2.36 EPS.

Other research analysts also recently issued reports about the stock. Citigroup lowered their price objective 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 cut their price target on Owens & Minor from $18.00 to $14.00 and set an "equal weight" rating on the stock in a research note on Tuesday, November 5th. UBS Group reduced their price objective on shares of Owens & Minor from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Finally, Robert W. Baird decreased their target price on shares of Owens & Minor from $15.00 to $14.00 and set a "neutral" rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $18.50.

Owens & Minor Price Performance

Shares of NYSE OMI traded up $0.00 during mid-day trading on Wednesday, reaching $8.65. The company had a trading volume of 1,279,932 shares, compared to its average volume of 1,028,394. Owens & Minor has a one year low of $8.43 and a one year high of $28.35. The business's 50-day simple moving average is $13.41 and its 200 day simple moving average is $14.12. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.45 and a current ratio of 1.09. The firm has a market cap of $667.16 million, a price-to-earnings ratio of -13.31, a PEG ratio of 0.25 and a beta of 0.48.

Institutional Trading of Owens & Minor

Several institutional investors and hedge funds have recently made changes to their positions in OMI. FMR LLC increased its position in shares of Owens & Minor by 0.8% during the 3rd quarter. FMR LLC now owns 11,564,624 shares of the company's stock valued at $181,449,000 after purchasing an additional 90,862 shares during the last quarter. State Street Corp lifted its holdings in Owens & Minor by 2.6% during the 3rd quarter. State Street Corp now owns 3,064,547 shares of the company's stock worth $48,083,000 after purchasing an additional 78,985 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Owens & Minor by 13.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,305,043 shares of the company's stock valued at $30,127,000 after acquiring an additional 276,807 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Owens & Minor by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,711,453 shares of the company's stock worth $26,858,000 after buying an additional 13,164 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Owens & Minor by 6.0% during the fourth quarter. Bank of New York Mellon Corp now owns 622,921 shares of the company's stock worth $8,142,000 after purchasing an additional 35,105 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Insider Activity at Owens & Minor

In other news, CFO Jonathan A. Leon sold 5,282 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $11.82, for a total value of $62,433.24. Following the completion of the sale, the chief financial officer now directly owns 130,822 shares of the company's stock, valued at $1,546,316.04. This represents a 3.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.59% of the stock is currently owned by insiders.

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.