Owens & Minor (NYSE:OMI) Releases FY25 Earnings Guidance

Owens & Minor (NYSE:OMI) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share guidance of $1.60-1.85 for the period, compared to the consensus earnings per share estimate of $1.79. The company issued revenue guidance of $10.85-11.15, compared to the consensus revenue estimate of $10.97 billion.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Robert W. Baird cut their price target on shares of Owens & Minor from $14.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday. Citigroup dropped their target price on shares of Owens & Minor from $21.00 to $18.50 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. UBS Group decreased their price target on shares of Owens & Minor from $25.00 to $13.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. Finally, Barclays dropped their price objective 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. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $14.92.

Owens & Minor Trading Up 0.6 %

NYSE:OMI opened at $6.88 on Friday. 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 50-day simple moving average of $11.57 and a 200-day simple moving average of $13.30. Owens & Minor has a one year low of $6.07 and a one year high of $28.35. The firm has a market cap of $530.82 million, a P/E ratio of -10.59, a P/E/G ratio of 0.20 and a beta of 0.48.

Owens & Minor (NYSE:OMI) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.68 billion. Owens & Minor had a negative net margin of 0.46% and a positive return on equity of 14.60%. Owens & Minor’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Equities analysts anticipate that Owens & Minor will post 1.51 EPS for the current fiscal year.

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.