Owens & Minor Q1 EPS Forecast Lowered by Leerink Partnrs

Owens & Minor, Inc. (NYSE:OMI) – Equities research analysts at Leerink Partnrs lowered their Q1 2025 earnings per share (EPS) estimates for Owens & Minor in a research note issued to investors on Monday, February 3rd. Leerink Partnrs analyst M. Cherny now anticipates that the company will post earnings of $0.28 per share for the quarter, down from their prior forecast of $0.29. The consensus estimate for Owens & Minor’s current full-year earnings is $1.49 per share. Leerink Partnrs also issued estimates for Owens & Minor’s Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.58 EPS, FY2026 earnings at $1.97 EPS and FY2027 earnings at $2.36 EPS.

Several other equities research analysts also recently commented on the company. UBS Group reduced their target price on Owens & Minor from $28.00 to $25.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Citigroup decreased their target price on shares of Owens & Minor from $21.00 to $18.50 and set a “buy” rating for the company in a report on Tuesday, November 5th. Barclays cut their price target on shares of Owens & Minor from $18.00 to $14.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 5th. Finally, Robert W. Baird decreased their price objective on shares of Owens & Minor from $15.00 to $14.00 and set a “neutral” rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Owens & Minor currently has an average rating of “Hold” and a consensus target price of $18.50.

Owens & Minor Price Performance

NYSE OMI opened at $8.90 on Wednesday. The stock has a market capitalization of $685.89 million, a P/E ratio of -13.68, a P/E/G ratio of 0.40 and a beta of 0.48. 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 business’s fifty day moving average is $13.60 and its two-hundred day moving average is $14.20. Owens & Minor has a 1 year low of $8.75 and a 1 year high of $28.35.

Owens & Minor (NYSE:OMI) last released its earnings results on Monday, November 4th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.41 by $0.01. The business had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.68 billion. Owens & Minor had a negative net margin of 0.46% and a positive return on equity of 14.60%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 earnings per share.

Insiders Place Their Bets

In other news, CFO Jonathan A. Leon sold 5,282 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $11.82, for a total transaction of $62,433.24. Following the completion of the sale, the chief financial officer now owns 130,822 shares in the company, valued at approximately $1,546,316.04. This represents a 3.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.62% of the company’s stock.

Institutional Investors Weigh In On Owens & Minor

A number of large investors have recently added to or reduced their stakes in OMI. Quarry LP lifted its stake in shares of Owens & Minor by 290.1% in the second quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $28,000 after buying an additional 1,561 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Owens & Minor by 176.8% during the 3rd quarter. Blue Trust Inc. now owns 2,787 shares of the company’s stock worth $44,000 after purchasing an additional 1,780 shares during the last quarter. KBC Group NV grew its holdings in Owens & Minor by 98.2% in the 4th quarter. KBC Group NV now owns 4,434 shares of the company’s stock valued at $58,000 after buying an additional 2,197 shares during the last quarter. Meeder Asset Management Inc. increased its position in Owens & Minor by 844.1% in the 3rd quarter. Meeder Asset Management Inc. now owns 9,016 shares of the company’s stock worth $141,000 after buying an additional 8,061 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of Owens & Minor by 38.4% during the second quarter. Marshall Wace LLP now owns 11,100 shares of the company’s stock worth $150,000 after buying an additional 3,077 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

About Owens & Minor

Owens & Minor, Inc, together with its subsidiaries, operates as a healthcare solutions company worldwide. It operates through Products & Healthcare Services and Patient Direct segments. The Products & Healthcare Services segment offers a portfolio of products and services to healthcare providers and manufacturers.