Owens & Minor, Inc. (OMI) average volume reaches $1.01M: Is Wall Street expecting a rally?

On Tuesday, Owens & Minor, Inc. (NYSE: OMI) was 0.29% up from the session before settling in for the closing price of $13.57. A 52-week range for OMI has been $12.36 – $28.35.

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Healthcare Sector giant saw their annual sales surged by 2.16% over the last five years. When this article was written, the company’s average yearly earnings per share was at 17.31%. With a float of $68.43 million, this company’s outstanding shares have now reached $76.55 million.

The firm has a total of 22200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.47%, operating margin of 1.77%, and the pretax margin is -0.32%.

Owens & Minor, Inc. (OMI) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Owens & Minor, Inc. stocks. The insider ownership of Owens & Minor, Inc. is 11.24%, while institutional ownership is 93.25%. The most recent insider transaction that took place on Sep 20 ’24, was worth 53,921. Before that another transaction happened on Aug 22 ’24, when Company’s SVP, Corp Treasurer, Intm CFO sold 7,500 for $15.83, making the entire transaction worth $118,725. This insider now owns 93,171 shares in total.

Owens & Minor, Inc. (OMI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 17.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.83% during the next five years compared to 40.46% growth over the previous five years of trading.

Owens & Minor, Inc. (NYSE: OMI) Trading Performance Indicators

You can see what Owens & Minor, Inc. (OMI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10. Likewise, its price to free cash flow for the trailing twelve months is 7.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.56, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.93 in one year’s time.

Technical Analysis of Owens & Minor, Inc. (OMI)

Analysing the last 5-days average volume posted by the [Owens & Minor, Inc., OMI], we can find that recorded value of 0.62 million was lower than the volume posted last year of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 11.99%. Additionally, its Average True Range was 0.74.

During the past 100 days, Owens & Minor, Inc.’s (OMI) raw stochastic average was set at 15.64%, which indicates a significant increase from 13.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.25% in the past 14 days, which was higher than the 50.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.41, while its 200-day Moving Average is $19.09. Now, the first resistance to watch is $13.87. This is followed by the second major resistance level at $14.12. The third major resistance level sits at $14.47. If the price goes on to break the first support level at $13.27, it is likely to go to the next support level at $12.92. Should the price break the second support level, the third support level stands at $12.67.

Owens & Minor, Inc. (NYSE: OMI) Key Stats

There are 76,499K outstanding shares of the company, which has a market capitalization of 1.05 billion. As of now, sales total 10,334 M while income totals -41,300 K. Its latest quarter income was 2,671 M while its last quarter net income were -31,910 K.