Owens & Minor (NYSE:OMI) : The consensus on Owens & Minor (NYSE:OMI) based on 4 analyst recommendation on the company stock is 3.5, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Owens & Minor (NYSE:OMI) : 6 Wall Street analysts covering Owens & Minor (NYSE:OMI) believe that the average level the stock could reach for the short term is $34. The maximum price target given is $36 and the minimum target for short term is around $29, hence the standard deviation is calculated at $2.9.
The shares have received a consensus rating of Sell for the current week
Owens & Minor (NYSE:OMI): stock turned positive on Tuesday. Though the stock opened at $36.41, the bulls momentum made the stock top out at $36.63 level for the day. The stock recorded a low of $36.19 and closed the trading day at $36.42, in the green by 0.47%. The total traded volume for the day was 684,661. The stock had closed at $36.25 in the previous days trading.
In an insider trading activity,The director of Owens & Minor Inc/Va/, Smith Craig R sold 5,000 shares at $35.93 on May 9, 2016. The Insider selling transaction had a total value worth of $179,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Owens & Minor, Inc. is a healthcare logistics company. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. The Company operates in two segments: Domestic and International. Domestic segment includes all functions in the United States relating to its role as a healthcare logistics company providing distribution, packaging and logistics services to healthcare providers and manufacturers. International segment consists of its European third-party logistics and packaging businesses. It is focused on its operations on healthcare logistics services and provides its customers with a service portfolio that covers procurement, inventory management, delivery and sourcing of products for the healthcare market. Its customers include hospitals, integrated healthcare systems, group purchasing organizations, manufacturers of life-science and medical devices and supplies, including pharmaceuticals.