Owens & Minor, Inc. (OMI)

NYSE: OMI · IEX Real-Time Price · USD
12.36
+0.25 (2.06%)
Mar 24, 2023, 4:00 PM EDT - Market closed
2.06%
Market Cap 942.81M
Revenue (ttm) 9.96B
Net Income (ttm) 22.39M
Shares Out 76.28M
EPS (ttm) 0.29
PE Ratio 42.62
Forward PE 8.35
Dividend n/a
Ex-Dividend Date Dec 14, 2021
Volume 896,251
Open 11.83
Previous Close 12.11
Day's Range 11.79 - 12.42
52-Week Range 11.80 - 45.34
Beta 0.60
Analysts Sell
Price Target 19.79 (+60.11%)
Earnings Date May 2, 2023

About OMI

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. It operates through two segments, Global Solutions and Global Products. The Global Solutions segment offers a portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products and its proprietary products. This segment also offers services to healthcare providers, which include supplier management, analytics, inventory manage... [Read more]

Sector Healthcare
Founded 1882
Employees 17,300
Stock Exchange NYSE
Ticker Symbol OMI
Full Company Profile

Financial Performance

In 2022, Owens & Minor's revenue was $9.96 billion, an increase of 1.74% compared to the previous year's $9.79 billion. Earnings were $22.39 million, a decrease of -89.90%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for OMI stock is "Sell." The 12-month stock price forecast is $19.79, which is an increase of 60.11% from the latest price.

Price Target
$19.79
(60.11% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Owens & Minor (OMI) Misses Q4 Earnings Estimates

Owens & Minor (OMI) delivered earnings and revenue surprises of -28.21% and 6.41%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Owens & Minor Reports Fourth Quarter and Full Year 2022 Financial Results

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the fourth quarter and the year ended December 31, 2022, as summarized in the table below.

3 weeks ago - Business Wire

Owens & Minor Announces Fourth Quarter & Full Year 2022 Earnings Release Date and Conference Call

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) plans to release financial results for the fourth quarter and full year of 2022 on Tuesday, February 28, 2023, before trading begins on ...

1 month ago - Business Wire

Analysts Estimate Owens & Minor (OMI) to Report a Decline in Earnings: What to Look Out for

Owens & Minor (OMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Owens & Minor to Participate in the 5th Annual Evercore ISI HealthCONx Conference

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) announced today that executive leadership will participate in a virtual fireside chat at the upcoming 5th Annual Evercore ISI HealthCO...

4 months ago - Business Wire

Owens & Minor (OMI) Q3 Earnings and Revenues Beat Estimates

Owens & Minor (OMI) delivered earnings and revenue surprises of 5.13% and 3.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Owens & Minor Reports Third Quarter 2022 Financial Results

RICHMOND, Va.

5 months ago - Business Wire

Earnings Preview: Owens & Minor (OMI) Q3 Earnings Expected to Decline

Owens & Minor (OMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

This Leading Medical Supply Distributor Is Facing Headwinds

Delivering medical supplies to hospitals would seem to be a simple and successful recurring revenue business model, but it is not always that easy. The leader in this field is Owens & Minor Inc. ( OMI...

5 months ago - GuruFocus

Owens & Minor Announces Executive Leadership Team Changes

RICHMOND, Va.

5 months ago - Business Wire

Owens & Minor Issues Call for Nominations for Annual Supplier Diversity Awards

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor has opened up nominations for the Supplier Diversity Awards honoring Earl G. Reubel. Nominations are being accepted until Nov. 18.

6 months ago - Business Wire

Owens & Minor Receives Two Vizient Supplier Awards

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor received two Vizient Supplier Awards in recognition of its exemplary performance and service.

6 months ago - Business Wire

Owens & Minor to Participate in the 2022 Baird Global Healthcare Conference

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) announced today that executive management will present at the 2022 Baird Global Healthcare Conference on Tuesday, September 13 at 12:15 ...

7 months ago - Business Wire

Allina Health and Owens & Minor Expand Partnership and Announce New Strategic Collaboration

MINNEAPOLIS & RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI), a leading global healthcare solutions company, and Allina Health, a not-for-profit healthcare system dedicated to enhanci...

8 months ago - Business Wire

Owens & Minor (OMI) Q2 Earnings Meet Estimates

Owens & Minor (OMI) delivered earnings and revenue surprises of 0% and 3.31%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Owens & Minor Reports Second Quarter 2022 Financial Results

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the second quarter ended June 30, 2022, as summarized in the table below. "I am very pleased with ou...

8 months ago - Business Wire

David R. Myers of Owens & Minor Receives Prestigious Bellwether League Foundation Hall of Fame Recognition

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor today announced the election of David R. Myers, VP of National Accounts, to the Bellwether League Foundation's Hall of Fame.

8 months ago - Business Wire

Earnings Preview: Owens & Minor (OMI) Q2 Earnings Expected to Decline

Owens & Minor (OMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

Owens & Minor Announces Second Quarter 2022 Earnings Release Date

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor Announces Second Quarter 2022 Earnings Release Date

8 months ago - Business Wire

Owens & Minor Elects Carissa Rollins to Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI), a leading global healthcare solutions company, today announced that Carissa Rollins, Chief Information Officer (CIO) at Illumina, Inc.,...

9 months ago - Business Wire

Owens & Minor Wins Seventh Premier GPO Supplier Legacy Award

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor won its seventh Supplier Legacy Award for its consistent, long-time support of Premier's hospital, health system and provider members.

9 months ago - Business Wire

Owens & Minor Breaks Ground on Center of Excellence for Medical Supply Logistics in West Virginia

RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor today broke ground on a state-of-the-art hub for managing and coordinating complex medical supply logistics in West Virginia and beyond.

9 months ago - Business Wire