Owens & Minor, Inc. (OMI) Reaches $19.54 After 7.00% Up Move; Milacron Holdings (MCRN) Had 5 Analysts Last Week

November 3, 2017 - By Darrin Black

The stock of Owens & Minor, Inc. (NYSE:OMI) is a huge mover today! The stock increased 4.66% or $0.87 on November 3, reaching $19.54. About 2.33 million shares traded or 102.61% up from the average. Owens & Minor, Inc. (NYSE:OMI) has declined 11.64% since November 3, 2016 and is downtrending. It has underperformed by 28.34% the S&P500.The move comes after 5 months positive chart setup for the $1.20B company. It was reported on Nov, 3 by Barchart.com. We have $20.91 PT which if reached, will make NYSE:OMI worth $84.00M more.

Among 7 analysts covering Milacron Holdings Corp (NYSE:MCRN), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Milacron Holdings Corp had 13 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Buy” on Wednesday, October 4. The firm has “Outperform” rating by William Blair given on Tuesday, August 4. Credit Suisse initiated it with “Neutral” rating and $23 target in Tuesday, August 4 report. The firm has “Overweight” rating given on Tuesday, August 4 by Barclays Capital. KeyBanc Capital Markets initiated it with “Overweight” rating and $22 target in Tuesday, August 4 report. On Tuesday, August 4 the stock rating was initiated by JP Morgan with “Neutral”. The rating was initiated by Goldman Sachs on Tuesday, August 4 with “Neutral”. Barclays Capital maintained Milacron Holdings Corp (NYSE:MCRN) on Monday, October 5 with “Overweight” rating. Bank of America initiated it with “Buy” rating and $23 target in Tuesday, August 4 report. The stock of Milacron Holdings Corp (NYSE:MCRN) earned “Buy” rating by KeyBanc Capital Markets on Friday, September 15. See Milacron Holdings Corp (NYSE:MCRN) latest ratings:

04/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $23.0 Maintain
15/09/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $21.0 Maintain

Investors sentiment increased to 1.46 in Q2 2017. Its up 0.10, from 1.36 in 2017Q1. It increased, as 28 investors sold Owens & Minor, Inc. shares while 68 reduced holdings. 33 funds opened positions while 107 raised stakes. 59.07 million shares or 0.45% less from 59.34 million shares in 2017Q1 were reported. Jane Street Gru Ltd Liability Com owns 14,598 shares for 0% of their portfolio. Engineers Gate Manager L P accumulated 66,480 shares. New Jersey-based Nine Chapters Capital Mngmt has invested 2.41% in Owens & Minor, Inc. (NYSE:OMI). Jpmorgan Chase owns 1.54M shares. Ig Management Ltd owns 35,000 shares. State Board Of Administration Of Florida Retirement Sys invested 0% in Owens & Minor, Inc. (NYSE:OMI). Lowe Brockenbrough Com owns 38,368 shares for 0.19% of their portfolio. Kwmg Ltd Liability holds 0.5% of its portfolio in Owens & Minor, Inc. (NYSE:OMI) for 43,759 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Guggenheim Capital Lc holds 0.02% or 243,775 shares. 29,897 were accumulated by Mason Street Advsrs Lc. Walleye Trading Ltd Company stated it has 4,754 shares. Foundry Partners Ltd Llc has invested 0.41% in Owens & Minor, Inc. (NYSE:OMI). Royal Bank Of Canada stated it has 43,277 shares. Loomis Sayles & Communications Lp holds 1,019 shares or 0% of its portfolio.

Analysts await Owens & Minor, Inc. (NYSE:OMI) to report earnings on November, 7. They expect $0.50 earnings per share, down 1.96% or $0.01 from last year’s $0.51 per share. OMI’s profit will be $30.71M for 9.77 P/E if the $0.50 EPS becomes a reality. After $0.43 actual earnings per share reported by Owens & Minor, Inc. for the previous quarter, Wall Street now forecasts 16.28% EPS growth.

Among 6 analysts covering Owens & Minor (NYSE:OMI), 0 have Buy rating, 2 Sell and 4 Hold. Therefore 0 are positive. Owens & Minor has $37 highest and $23.0 lowest target. $30.75’s average target is 57.37% above currents $19.54 stock price. Owens & Minor had 11 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Friday, July 7. Jefferies maintained Owens & Minor, Inc. (NYSE:OMI) on Monday, April 24 with “Hold” rating. The rating was downgraded by Zacks to “Hold” on Tuesday, August 25. On Thursday, April 21 the stock rating was downgraded by Robert W. Baird to “Underperform”. The firm has “Hold” rating given on Monday, September 11 by Jefferies. The company was downgraded on Monday, November 7 by Bank of America. RBC Capital Markets maintained Owens & Minor, Inc. (NYSE:OMI) on Monday, December 7 with “Sector Perform” rating. The rating was maintained by Leerink Swann on Thursday, November 2 with “Hold”. The rating was upgraded by Robert W. Baird to “Neutral” on Friday, September 1. UBS initiated Owens & Minor, Inc. (NYSE:OMI) on Thursday, October 6 with “Sell” rating.

Since May 9, 2017, it had 0 insider buys, and 3 sales for $413,966 activity. Lowry Michael Wayne also sold $41,848 worth of Owens & Minor, Inc. (NYSE:OMI) shares. $300,562 worth of stock was sold by DAVIS ERIKA T on Tuesday, May 23. Kordahi Rony Camil had sold 2,231 shares worth $71,556 on Wednesday, May 24.

Owens & Minor, Inc. is a healthcare services firm that connects the world of medical products to the point of care. The company has market cap of $1.20 billion. The Firm provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. It has a 15.45 P/E ratio. The Company’s divisions include Domestic, International and Clinical & Procedural Solutions .