Owens Stock Today

OMI
 Stock
  

USD 21.03  0.63  3.09%   

Market Performance
0 of 100
Odds Of Distress
Less than 8
Owens Minor is trading at 21.03 as of the 4th of December 2022. This is a 3.09 percent increase since the beginning of the trading day. The stock's open price was 20.4. Owens Minor has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Owens Minor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of September 2022 and ending today, the 4th of December 2022. Click here to learn more.
CUSIP
690732102
Fiscal Year End
December
Business Domain
Health Care Equipment & Services
IPO Date
16th of December 1988
Category
Healthcare
Classification
Health Care
Owens Minor, Inc., together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. The company was founded in 1882 and is headquartered in Richmond, Virginia. Owens Minor operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. The company has 76.23 M outstanding shares of which 4.11 M shares are now shorted by investors with about 3.72 days to cover. More on Owens Minor
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Owens Minor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Owens Minor's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Owens Minor or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Owens Minor generated a negative expected return over the last 90 days
Owens Minor has high historical volatility and very poor performance
Over 97.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: The Owens Minor Foundation and Ronald McDonald House Charities Partner to Help Build Healthier Communities - Yahoo Finance
CEOEdward Pesicka
Fama & French Classification
Average Analyst Recommendation
Analysts covering Owens Minor report their recommendations after researching Owens Minor's financial statements, talking to executives and customers, or listening in on Owens Minor's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Owens Minor. The Owens consensus assessment is calculated by taking the average forecast from all of the analysts covering Owens Minor.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Owens Minor based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Owens Minor financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted66.3 M75.5 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares64.7 M72.7 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets6.966.4489
Significantly Up
Decreasing
Stable
Net Cash Flow from Operations133 M124.2 M
Notably Up
Increasing
Very volatile
Current Liabilities1.2 B1.3 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities2.2 B2.6 B
Fairly Down
Increasing
Slightly volatile
Gross Margin13.3715.4643
Fairly Down
Increasing
Slightly volatile
Total DebtB1.9 B
Significantly Up
Increasing
Slightly volatile
Asset Turnover3.512.8478
Fairly Up
Decreasing
Slightly volatile
Current Assets2.1 B2.3 B
Fairly Down
Increasing
Slightly volatile
Total Assets3.1 B3.5 B
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Owens Minor's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Owens Minor's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Owens Minor's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Owens Minor's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Owens Minor's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Owens Minor's financial leverage. It provides some insight into what part of Owens Minor's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Owens Minor's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Owens Minor deploys its capital and how much of that capital is borrowed.
Liquidity
Owens Minor cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 947.54 M in debt with debt to equity (D/E) ratio of 2.99, meaning that the company heavily relies on borrowing funds for operations. Owens Minor has a current ratio of 1.52, which is typical for the industry and considered as normal. Debt can assist Owens Minor until it has trouble settling it off, either with new capital or with free cash flow. So, Owens Minor's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Owens Minor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Owens to invest in growth at high rates of return. When we think about Owens Minor's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

132.96 Million
Owens Minor (OMI) is traded on New York Stock Exchange in USA and employs 17,300 people. Owens Minor is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Owens Minor's market, we take the total number of its shares issued and multiply it by Owens Minor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Owens Minor runs under Health Care Providers & Services sector within Health Care industry. The entity has 76.23 M outstanding shares of which 4.11 M shares are now shorted by investors with about 3.72 days to cover. Owens Minor has about 55.71 M in cash with 124.18 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Check Owens Minor Probability Of Bankruptcy
Ownership
Owens Minor has a total of 76.23 Million outstanding shares. The majority of Owens Minor outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Owens Minor to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Owens Minor. Please pay attention to any change in the institutional holdings of Owens Minor as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Owens Ownership Details

Owens Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Owens Minor jumping above the current price in 90 days from now is about 55.43%. The Owens Minor probability density function shows the probability of Owens Minor stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6673. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Owens Minor will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Owens Minor is significantly underperforming NYSE Composite.
  Odds Below 21.03HorizonTargetOdds Above 21.03
44.47%90 days
 21.03 
55.43%
Based on a normal probability distribution, the odds of Owens Minor to move above the current price in 90 days from now is about 55.43 (This Owens Minor probability density function shows the probability of Owens Stock to fall within a particular range of prices over 90 days) .

Owens Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Owens Minor that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Owens Minor's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Owens Minor's value.
InstituionSecurity TypeTotal SharesValue
Zurich Insurance Group LtdCommon Shares94.4 K1.8 M
Zurich Insurance Group LtdCommon Shares29.9 K873 K
View Owens Minor Diagnostics

Owens Minor Historical Income Statement

Owens Minor Income Statement is one of the three primary financial statements used for reporting Owens's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Owens Minor revenue and expense. Owens Minor Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Owens Minor Gross Profit is most likely to increase significantly in the upcoming years. The last year's value of Gross Profit was reported at 1.3 Billion. The current Interest Expense is estimated to increase to about 121.7 M, while Direct Expenses is projected to decrease to roughly 7.7 B. View More Fundamentals

Owens Stock Against Markets

Picking the right benchmark for Owens Minor stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Owens Minor stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Owens Minor is critical whether you are bullish or bearish towards Owens Minor at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Owens Minor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Owens Minor Corporate Directors

Owens Minor corporate directors refer to members of an Owens Minor board of directors. The board of directors generally takes responsibility for the Owens Minor's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Owens Minor's board members must vote for the resolution. The Owens Minor board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lemuel Lewis - Independent DirectorProfile
Michael Riordan - Independent DirectorProfile
Truitt Allcott - Other, Director, Media RelationsProfile
Gwendolyn Bingham - Independent DirectorProfile

Invested in Owens Minor?

The danger of trading Owens Minor is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Owens Minor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Owens Minor. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Owens Minor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for analysis

When running Owens Minor price analysis, check to measure Owens Minor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Minor is operating at the current time. Most of Owens Minor's value examination focuses on studying past and present price action to predict the probability of Owens Minor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Owens Minor's price. Additionally, you may evaluate how the addition of Owens Minor to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Is Owens Minor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Minor. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Minor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.72) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
(0.002) 
Return On Assets
0.0438
Return On Equity
13.2
The market value of Owens Minor is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Minor's value that differs from its market value or its book value, called intrinsic value, which is Owens Minor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Minor's market value can be influenced by many factors that don't directly affect Owens Minor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Minor's value and its price as these two are different measures arrived at by different means. Investors typically determine Owens Minor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Minor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.