On 11/6/24, Owens & Minor Inc. (NYSE: OMI) stock enjoyed a major increase of 15.3%, closing at $13.61. Moreover, above average trading volume at 144% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 5.8% 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Owens & Minor has a very high Appreciation Score of 86 but a very low Power Rating of 13, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive 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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