Owens & Minor, Inc. (OMI) Trading at $17.64 Forms Bearish Multiple Bottom Chart Pattern

June 27, 2018 - By Jeanette Garcia

Owens & Minor, Inc. (NYSE:OMI) Corporate Logo

Big Money Sentiment increased to 1.32 in Q1 2018. It has change of 0.32, from 2017Q4’s 1. The ratio improved due to Owens & Minor, Inc. positioning: 32 sold and 61 reduced. 55 funds amassed holdings and 68 increased holdings. Investors holded 58.40 million in 2017Q4 but now own 55.82 million shares or 4.42% less.
Koch owns 31,289 shs or 0.05% of their US capital. Rhumbline Advisers owns 193,215 shs. Gabelli Funds Limited Liability Company accumulated 221,992 shs or 0.02% of the stock. Amer Group stated it has 38,867 shs or 0% of all its holdings. 858,693 were reported by Citadel Ltd Liability Corp. Raymond James And Associates owns 57,127 shs or 0% of their US capital. Sandy Spring Commercial Bank has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Old Mutual Customised Solutions (Proprietary) Limited holds 0.02% or 13,900 shs in its capital. Security State Bank Of Sioux City Iowa Ia holds 0.67% of its capital in Owens & Minor, Inc. (NYSE:OMI) for 45,853 shs. Sg Americas Secs Limited Liability Com stated it has 0.01% of its capital in Owens & Minor, Inc. (NYSE:OMI). Neuberger Berman Group Incorporated Ltd Liability Corporation stated it has 52,276 shs or 0% of all its holdings. Legal & General Gp Pcl owns 180,045 shs. Grp One Trading L P owns 1,706 shs. 5,641 are held by Bancshares Of Montreal Can. State Of Alaska Department Of Revenue invested in 19,800 shs or 0.01% of the stock.

Owens & Minor, Inc. (OMI) shows multiple bottom. It has $16.58 price target or $17.64 stock price. Finviz.com reported it on Jun, 27. If our $16.58 price target is touched OMI’s valuation can change by $65.40M.

OMI is hitting $17.64 during the last trading session, after increased 0.66%.Currently Owens & Minor, Inc. is downtrending after 49.15% change in last June 27, 2017. OMI has 588,636 shares volume. OMI underperformed by 61.72% the S&P 500.

Owens & Minor, Inc. (NYSE:OMI)’s quarterly earnings will be announced on August, 7., Faxor reports. Analysts expect change of 6.98 % or $0.03 from previous year’s $0.43 earnings per share compared to current’s $0.46 earnings per share. The profit will be $28.42M for OMI if $0.46 earnings per share becomes true. After $0.43 EPS report previous quarter, Wall Street now sees 6.98 % EPS growth of Owens & Minor, Inc..

Owens & Minor, Inc. (NYSE:OMI) Ratings Coverage

In total 6 analysts cover Owens & Minor (NYSE:OMI). “Buy” rating has 1, “Sell” are 3, while 2 are “Hold”. 17% are bullish. 9 are the (NYSE:OMI)’s analyst reports since January 17, 2018 according to StockzIntelligence Inc. On Thursday, February 15 JP Morgan maintained Owens & Minor, Inc. (NYSE:OMI) with “Underweight” rating. On Wednesday, January 17 the rating was maintained by Robert W. Baird with “Hold”. The company rating was maintained by Robert W. Baird on Thursday, February 1. On Wednesday, February 14 the firm has “Hold” rating given by Jefferies. On Thursday, May 10 the rating was downgraded by Credit Suisse to “Sell”. On Wednesday, February 14 Credit Suisse upgraded Owens & Minor, Inc. (NYSE:OMI) rating. Credit Suisse has “Hold” rating and $14.0 target. On Thursday, February 1 Jefferies maintained Owens & Minor, Inc. (NYSE:OMI) with “Hold” rating.

A couple more Owens & Minor, Inc. (NYSE:OMI) news were announced by: Businesswire.com which released on June 22, 2018 “Owens & Minor Names Timothy P. Connolly as EVP, Operations & Supply Chain-Global Solutions”, also Businesswire.com on June 20, 2018 announced “Owens & Minor Receives Supplier Legacy Award from Premier for the Fifth Consecutive Year”, the next Seekingalpha.com is “ABM Industries: A Good Late-Cycle Buy” on June 21, 2018. Seekingalpha.com has article titled “UPS – A Stock For Your Watchlist”.

Owens & Minor, Inc. (NYSE:OMI) Institutional Investors Chart

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