How to Buy Owens & Minor Stock
Owens & Minor Inc
Owens & Minor is a medical distribution company located in Virginia, United States, which is part of the Healthcare sector, and is traded under the ticker OMI on the NYSE exchange.
Owens & Minor stock last closed at $14.25, down 1.38% from the previous day, and has decreased 36.36% in one year. It has underperformed other stocks in the Medical Distribution industry by 0.53 percentage points. Owens & Minor stock is currently +24.78% from its 52-week low of $11.42, and -49.74% from its 52-week high of $28.35.
There are currently 77.11M OMI shares outstanding. The market capitalization of OMI is $1.10B. In the last 24 hours, 513,192 OMI shares were traded.
How to Buy Owens & Minor Stock
Wondering how to invest in Owens & Minor stock? Here's how.
- Choose where to buy Owens & Minor stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Owens & Minor stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your information.
- Analyze Owens & Minor stock: The Owens & Minor ticker symbol is OMI. Is Owens & Minor stock a good investment? Should you buy shares of OMI? How do OMI's underlying business fundamentals look? Do top analysts think Owens & Minor is a good buy? Why has OMI's stock price moved recently? (Hint: Our stock market research website can help you understand if OMI is a good stock to buy).
- Execute your OMI purchase: Decide if you will purchase OMI shares at the current market price or use a limit order to buy OMI stock at a given price.
- Get notifications regarding your investment in OMI: Create a watchlist to important notifications about your new investment in Owens & Minor shares.
Step 1: Choose where to buy Owens & Minor stock
You need an online brokerage account in order to access the NYSE market and buy OMI shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy OMI today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on the best stock app for beginners, you need to deposit funds:
Check out this video walkthrough to see the process of transferring funds into your brokerage account.
Step 4: Analyze Owens & Minor stock
After you have decided on the best place to buy Owens & Minor stock, it's crucial to research their stock before you buy, so you actually understand the risk and opportunity.
Owens & Minor stock quick numbers
Owens & Minor Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on OMI's stock page.
Is OMI stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge OMI's fair value.
Using relative valuations methods:
- OMI may be undervalued based on its P/B ratio of 1.26x, relative to Medical Distribution industry P/B ratio of -2,070.83x
You can do more valuation analysis on OMI's stock here.
OMI Financial Summary
Signs that OMI is financially healthy:
- There are more short-term assets than short-term liabilities on the OMI balance sheet.
- Total OMI debt is lower than 5 years ago, relative to shareholder equity.
- OMI profit margin has gone up from -1.1% to -0.5% in the past year.
Signs that OMI is not financially healthy:
- OMI has a relatively high debt to equity ratio of 4.81.
- There are more long-term liabilities than short-term assets on the OMI balance sheet.
- OMI earnings of $108.26M is not enough to cover its interest payments.
- OMI's operating cash flow of $202.26M allows it to safely service it's debt of $2.17B.
Is it a good time to buy Owens & Minor stock, according to Wall Street analysts?
Out of 5 sell side analysts who monitor OMI, the consensus analyst rating on Owens & Minor is a Hold
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Latest OMI Analyst Ratings
An analyst from Bank of America maintains OMI with a sell rating and lowers their OMI price target from $18.00 to $16.00, on Jun 25, 2024.
You can dig deeper into what analysts are forecasting on the Owens & Minor stock forecast page.
OMI Technical Indicators
OMI Growth Numbers
Last year, OMI revenue was $10.66B. In the past five year, OMI's revenue has increased by 3.12% per year. This was slower than the Medical Distribution industry average of 8.67%.
Dive into OMI's earnings and revenue performance here.
Latest Insiders Trades at OMI
Over the past 12 months, insiders at OMI have sold more shares than they have bought.
Jonathan A. Leon, EVP Chief Financial Officer of OMI, was the latest OMI insider to sell. They sold $62,433.24 worth of OMI stock on Nov 21, 2024.
Research more about who owns OMI stock here.
Can I rely on OMI as an income stream?
No, Owens & Minor doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Execute your OMI purchase
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in OMI
Now that you own some OMI shares, you'll want to stay up-to-date on your shares.
Start a watchlist to see the latest developments about your OMI stock.
OMI Feed
How to Buy Stock in Owens & Minor
To summarize, here are the 6 steps to buy Owens & Minor stock:
- Choose where to buy Owens & Minor stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Owens & Minor stock
- Execute your OMI purchase
- Get notifications regarding your investment in OMI
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Owens & Minor, create a watchlist on WallStreetZen today.
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