Owens & Minor Inc. (NYSE: OMI) has reported a loss for its third fiscal quarter (ending September 30) of $-0.17 versus a loss $-0.08 for the same period a year ago — an increase of 112%. E.P.S. were $-0.64 for the latest four quarters through September 30 versus $-1.55 for the same period a year ago — a decline of -59%.
Recent Price Action
Owens & Minor Inc. (NYSE: OMI) stock suffered a major decline of -10.2% on 11/4/24. The shares closed at $12.00. Moreover, trading volume in this decline was exceptionally high at 220% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -10.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OMI is expected to continue to be an important Value Builder.
Owens & Minor has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Owens & Minor has a very high Appreciation Score of 86 but a very low Power Rating of 13, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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