Brokers Issue Forecasts for Owens & Minor FY2026 Earnings

Owens & Minor, Inc. (NYSE:OMI) – Stock analysts at Leerink Partnrs decreased their FY2026 earnings estimates for shares of Owens & Minor in a research report issued to clients and investors on Thursday, June 5th. Leerink Partnrs analyst M. Cherny now forecasts that the company will earn $1.81 per share for the year, down from their previous estimate of $1.96. The consensus estimate for Owens & Minor’s current full-year earnings is $1.51 per share. Leerink Partnrs also issued estimates for Owens & Minor’s FY2027 earnings at $2.11 EPS.

Several other brokerages have also recently issued reports on OMI. UBS Group dropped their price objective on shares of Owens & Minor from $25.00 to $13.00 and set a “buy” rating for the company in a research note on Thursday, February 13th. Robert W. Baird upped their price objective on shares of Owens & Minor from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, June 6th. JPMorgan Chase & Co. dropped their price objective on shares of Owens & Minor from $14.00 to $10.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Finally, Citigroup dropped their price objective on shares of Owens & Minor from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $12.33.

Owens & Minor Stock Up 3.2%

Shares of NYSE OMI opened at $8.18 on Monday. Owens & Minor has a 12-month low of $6.07 and a 12-month high of $17.64. The stock has a market cap of $632.10 million, a PE ratio of -12.59, a P/E/G ratio of 0.20 and a beta of 1.31. The company has a current ratio of 1.09, a quick ratio of 0.45 and a debt-to-equity ratio of 2.11. The company has a 50-day moving average of $7.12 and a 200 day moving average of $9.92.

Owens & Minor (NYSE:OMI) last announced its quarterly earnings data on Saturday, May 10th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03. Owens & Minor had a negative net margin of 0.46% and a positive return on equity of 14.60%. During the same quarter in the previous year, the firm posted $0.19 earnings per share. The business’s quarterly revenue was up .7% compared to the same quarter last year.

Hedge Funds Weigh In On Owens & Minor

Large investors have recently made changes to their positions in the stock. Sterling Capital Management LLC lifted its holdings in shares of Owens & Minor by 758.3% in the 4th quarter. Sterling Capital Management LLC now owns 2,060 shares of the company’s stock worth $27,000 after acquiring an additional 1,820 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Owens & Minor by 537.6% during the 1st quarter. Versant Capital Management Inc now owns 3,201 shares of the company’s stock worth $29,000 after buying an additional 2,699 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Owens & Minor by 1,387.0% during the 1st quarter. Parallel Advisors LLC now owns 3,316 shares of the company’s stock worth $30,000 after buying an additional 3,093 shares in the last quarter. Quarry LP acquired a new stake in Owens & Minor during the 1st quarter worth approximately $34,000. Finally, Blue Trust Inc. lifted its holdings in Owens & Minor by 57.4% during the 4th quarter. Blue Trust Inc. now owns 4,387 shares of the company’s stock worth $57,000 after buying an additional 1,600 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Owens & Minor

In related news, major shareholder Coliseum Capital Management, L acquired 160,000 shares of the firm’s stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average cost of $8.53 per share, for a total transaction of $1,364,800.00. Following the acquisition, the insider now owns 10,784,599 shares in the company, valued at $91,992,629.47. The trade was a 1.51% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have bought 625,000 shares of company stock worth $4,909,150 in the last ninety days. 3.69% of the stock is owned by insiders.

Owens & Minor announced that its board has initiated a share buyback program on Friday, February 28th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 13.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

About Owens & Minor

Owens & Minor, Inc is a healthcare solutions company, which engages in the product manufacturing and delivery, home health supply, and perioperative services to support care through the hospital and into the home. It operates through the Products and Healthcare Services, and Patient Direct segments.