Canada markets closed

Owens & Minor, Inc. (OMI)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
47.32+0.58 (+1.24%)
At close: 4:00PM EDT
48.00 +0.68 (1.44%)
After hours: 05:26PM EDT
Sign in to post a message.
  • F
    Former Deputy Assistant
    The most unpredictable stock in my portfolio, but generally very kind to me. Running up to earnings, what's not to like? Did they pull too much demand forward? I don't see any reason not to look forward to 3 AUG.
  • S
    Sherry
    Today's move--announced that Medline was to be acquired by a group of private equity firms for $30B. Medline, privately held, reportedly has sales of ~$17B and is the largest manufacturer and distributor of med equip and supplies in the US. Don't have any info or profitability but believe that it does more manufacturing than OMI and should have much better margins. Strictly for what it is worth--which ain't much--the sale price works out to about 1.75 times sales. A similar metric for OMI would get to a share price in the vicinity of $200 per share. The math is simple but it would silly to buy the stock with this as a target.
  • S
    Sherry
    A competitor, Medline, which is twice the size of OMI is being purchased for $30MM or about 1.75X sales. At the same P/S OMI would be worth ~$200 per share.
  • C
    Chris
    The My Animo Stock Portfolio (YouTube) did very well picking OMI a few weeks ago. They're adding another healthcare stock Monday.
  • K
    Kathleen
    Look closer at the numbers. The success isn't coming from new customers that are sticking. It is coming from the fact they had PPE to sell. Once PPE fully rationalizes within healthcare this will come to a halt unless they are growing new contracts for their distribution business. Their manufactured PPE is vastly more expensive than their competition (Medline or Cardinal), so that is why this is not sustainable.
  • F
    Fred
    Not sure what going on with OMI this morning?? It seems action is a little out of character. This has been a great turnaround story - is someone turning it into latest Meme?
  • S
    Silk
    been in at 25 since Nov last year. i definitely see them getting to 60. a share this year. ton of momentum.
  • T
    Thomas
    This is overbought
  • A
    Aaaaaaaaaarrron
    This is too much for one day atleast 10% down then it continues
  • T
    TC
    gonna be a pull back tmrw.
  • g
    george
    Should I short more?
  • g
    george
    Short OMI?
  • j
    j
    It will consolidate here before any move further up. There may be opportunities to buy at lower prices during the consolidation
  • C
    Chris
    @Fred I think the run is based on the My Animo portfolio picking up OMI a couple weeks ago, before the big pop and then saying it was a long-term pick in the comments section.
    https://youtu.be/5UgYe5BDbV4
  • j
    jprourke1956
    UP, UP, AND AWAY!!! ENJOY THE RIDE!!! GO OMI GO!!!
  • N
    Nick Y
    @ silk with you
  • A
    Aaaaaaaaaarrron
    Anyone crazy enough to buy this at this price?
  • J
    Jerry
    Did this go up to distract people from buying Gme and amc lol
  • C
    Chris
    OMI will continue to rise. $50 by end of the month.
  • A
    A_Train
    Company had an excellent quarter, and we get a drop in the stock price. Seems to be today’s stock market climate. I still think we will get to $40++ soon and hopefully some analyst upgrades. Has to be a potential acquisition target as well at these prices. Let’s see...