Owens & Minor Inc. Hits New 52-Week High at $38.21 (OMI)
Shares of Owens & Minor (NYSE:OMI) hit a new 52-week high during trading on Monday, StockRatingsNetwork reports. The stock traded as high as $38.21 and last traded at $38.12, with a volume of 335,792 shares trading hands. The stock had previously closed at $37.51.
Owens & Minor has a 52 week low of $26.97 and a 52 week high of $38.21. The stock’s 50-day moving average is $35.79 and its 200-day moving average is $34.72. The company has a market cap of $2.410 billion and a P/E ratio of 22.71.
Owens & Minor (NYSE:OMI) last released its earnings data on Monday, November 4th. The company reported $0.47 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.49 by $0.02. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company posted $0.49 earnings per share. Owens & Minor’s revenue was up 5.7% compared to the same quarter last year. On average, analysts predict that Owens & Minor will post $1.90 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.52%.
Owens & Minor, Inc is a provider of third-party logistics (NYSE:OMI) services to manufacturers and suppliers of healthcare and life-science products.
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