Owens & Minor found using ticker (OMI) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 62 and 35 calculating the average target price we see 46.17. Given that the stocks previous close was at 27.85 this would imply there is a potential upside of 65.8%. The 50 day moving average now sits at 32.93 and the 200 day MA is 38.5. The market capitalisation for the company is $2,082m. You can visit the company’s website by visiting: https://www.owens-minor.com
The potential market cap would be $3,451m based on the market concensus.
Owens & Minor, together with its subsidiaries, operates as a healthcare solutions company in the United States and internationally. It operates through two segments, Global Solutions and Global Products. The Global Solutions segment offers a portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products and its proprietary products. This segment also offers services to healthcare providers, which include supplier management, analytics, inventory management, and clinical supply management; and various programs to provide logistics and marketing solutions to its suppliers. The Global Products segment manufactures and sources medical surgical products for the prevention of healthcare-associated infections across the acute and alternate site channels. This segments products portfolio includes sterilization wraps, surgical drapes and gowns, facial protection products, protective apparel, medical exam gloves, custom and minor procedure kits, and other medical products. It provides its products and services to multi-facility networks of healthcare providers, independent hospitals, surgery centers, physicians’ practices, and networks of hospitals directly, as well as indirectly through third-party distributors. The company was founded in 1882 and is headquartered in Richmond, Virginia.
