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 $24.12, down 2.51% from the previous day, and has increased 56.73% in one year. It has overperformed other stocks in the Medical Distribution industry by 0.22 percentage points. Owens & Minor stock is currently +80.81% from its 52-week low of $13.34, and -14.92% from its 52-week high of $28.35.
There are currently 76.6M OMI shares outstanding. The market capitalization of OMI is $1.85B. In the last 24 hours, 486,666 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
Based on our research, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by opening an account with eToro today.
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 2x, relative to Medical Distribution industry P/B ratio of 147.35x
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's operating cash flow of $740.71M allows it to safely service it's debt of $2.32B.
Signs that OMI is not financially healthy:
- OMI has a relatively high debt to equity ratio of 4.51.
- There are more long-term liabilities than short-term assets on the OMI balance sheet.
- OMI profit margin has gone down from 0.2% to -0.4% in the past year.
- OMI earnings of $103.19M is not enough to cover its interest payments.
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.
You can dig deeper into what analysts are projecting on the Owens & Minor stock forecast page.
OMI Technicals
OMI Growth Numbers
Last year, OMI revenue was $10.33B. In the last 5 year, OMI's revenue has gone up by 1.87% per year. This was slower than the Medical Distribution industry average of 7.97%.
You can research OMI's earnings and revenue performance here.
Are OMI executives and large shareholders buying or selling the stock?
In the last year, insiders at OMI have sold more shares than they have bought.
Jonathan A. Leon, SVP Corporate Treasurer of OMI, was the latest OMI insider to sell. They sold $124,200.00 worth of OMI stock on Apr 22, 2024.
Get more info about who owns OMI shares here.
Does OMI provide a stable income stream?
No, Owens & Minor doesn't provide an income stream by paying out dividends.
What do other traders have to say about OMI?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your OMI purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in OMI
Now that you own some shares in OMI, you'll want to keep up with your investment.
Add OMI to a watchlist to get notified of important updates regarding your OMI stock.
OMI Feed
How to Buy Stock in Owens & Minor
To reiterate, here are the 6 steps for buying 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 are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Owens & Minor, create a watchlist on WallStreetZen today.
Other Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.