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Owens & Minor - Improved, But Extreme Care Is Still Warranted

Oct. 04, 2021 10:02 PM ETOwens & Minor, Inc. (OMI)3 Comments


  • I wrote about OMI, an investment I actually owned years ago, back in March. Since then, the company has been volatile, and some say the value is fair.
  • I respectfully disagree with this assessment. There is a price where I'd buy OMI and call it a bargain.
  • However, that price needs to consider the credit rating, history and other variables. I'll show you what price that is.
  • For now, OMI is a "HOLD".

Modern operating room in a hospital generated digitally

alvarez/E+ via Getty Images

On the surface, Owens & Minor (NYSE:OMI) is a decent company. Prior to the company catastrophe, it could be considered a "good" one, if it had managed its dividend better.

The company's prospects have certainly

This article was written by

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Wolf Report is a senior analyst and private portfolio manager with over 10 years generating value ideas in European and North American markets.

He is a contributing author for the investing group iREIT on Alpha where in addition to the U.S. market, he covers the markets of Scandinavia, Germany, France, UK, Italy, Spain, Portugal and Eastern Europe in search of reasonably valued stock ideas. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks i write about.

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Comments (3)

So the stock went from $3.00 to $ 48.00 by doing a complete turnaround! Cut debt , increase margins , improve shipping issues etc and you’re staying away because they cut the dividend? Did you notice that Medline was partially brought out by Blackrock at a 15.5 multiple? Personally I thought Owens turn around story was amazing yes they still have some runway left for improvement but come on ! Just saying lol - Here I thought this article was going to talk about cost of raw material increase and possible shipping issues with China !
I also owned OMI and sold it after the dividend cut.
Niche distributor. Won't touch it again.
Thanks for the dive...Your work gives me something priceless ie more TIME.
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