Owens & Minor, Inc. (NYSE:OMI)‘s stock had its “hold” rating reaffirmed by analysts at Robert W. Baird in a research report issued on Thursday. They presently have a $28.00 price target on the stock. Robert W. Baird’s target price would indicate a potential downside of 0.32% from the company’s previous close.

A number of other research firms have also weighed in on OMI. UBS AG reaffirmed a “sell” rating and set a $29.50 price target (down from $30.50) on shares of Owens & Minor in a report on Thursday, August 3rd. Zacks Investment Research lowered shares of Owens & Minor from a “hold” rating to a “sell” rating in a report on Thursday. Jefferies Group LLC reaffirmed a “hold” rating and set a $36.00 price target on shares of Owens & Minor in a report on Friday, July 7th. Finally, BidaskClub lowered shares of Owens & Minor from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. Four research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. Owens & Minor has a consensus rating of “Sell” and an average price target of $31.10.

Owens & Minor (OMI) traded up 0.1666% during mid-day trading on Thursday, reaching $28.1368. 365,403 shares of the company traded hands. The stock has a market capitalization of $1.72 billion, a PE ratio of 17.8987 and a beta of 1.03. The stock has a 50-day moving average of $28.48 and a 200 day moving average of $31.17. Owens & Minor has a 52-week low of $26.91 and a 52-week high of $37.02.

Owens & Minor (NYSE:OMI) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.43. Owens & Minor had a net margin of 1.02% and a return on equity of 11.64%. The company had revenue of $2.27 billion during the quarter, compared to analyst estimates of $2.38 billion. During the same quarter in the prior year, the business earned $0.52 earnings per share. The business’s quarterly revenue was down 8.8% compared to the same quarter last year. Equities research analysts expect that Owens & Minor will post $1.92 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in Owens & Minor by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,269 shares of the company’s stock valued at $251,000 after acquiring an additional 20 shares during the last quarter. Security National Bank of Sioux City Iowa IA boosted its stake in Owens & Minor by 0.3% during the 1st quarter. Security National Bank of Sioux City Iowa IA now owns 18,604 shares of the company’s stock valued at $644,000 after acquiring an additional 49 shares during the last quarter. Isthmus Partners LLC boosted its stake in Owens & Minor by 0.4% during the 2nd quarter. Isthmus Partners LLC now owns 17,425 shares of the company’s stock valued at $561,000 after acquiring an additional 74 shares during the last quarter. Blair William & Co. IL boosted its stake in Owens & Minor by 0.5% during the 2nd quarter. Blair William & Co. IL now owns 20,638 shares of the company’s stock valued at $664,000 after acquiring an additional 97 shares during the last quarter. Finally, Creative Planning boosted its stake in Owens & Minor by 2.9% during the 2nd quarter. Creative Planning now owns 4,021 shares of the company’s stock valued at $129,000 after acquiring an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 97.77% of the company’s stock.

About Owens & Minor

Owens & Minor, Inc is a healthcare services company that connects the world of medical products to the point of care. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. The Company’s segments include Domestic, International and Clinical & Procedural Solutions (CPS).

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