Fundamentally, Owens & Minor, Inc. (NYSE:OMI) looks appealing. Its stock trades at 0.02 times the company’s sales over the past 12 months. The broad Medical Equipment Wholesale industry boasts an average P/S ratio of 6.06, which is significantly better than the sector’s 8.9. In the past 13-year record, this ratio went down as low as 0.02 and as high as 0.29. Also, it is up from 95% of the total 58 rivals across the globe.
OMI traded at an unexpectedly low level on 05/14/2019 when the stock experienced a -1.57% loss to a closing price of $3.77. The company saw 1.02 million shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 1.86 million shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 32.63% move, based on the high target price ($5) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $4 price target, but the stock is already up 15.64% from its recent lows. However, the stock is trading at -80.32% versus recent highs ($19.16). Analysts believe that we could see stock price minimum in the $3 range (lowest target price), allowing for another -20.42% drop from its current position. Leading up to this report, we have seen a 0% fall in the stock price over the last 30 days and a -50.85% decline over the past 3 months. Overall, the share price is down -40.44% so far this year. Additionally, the stock had a day price range of $3.73 to $3.99.Owens & Minor, Inc. (OMI) Price Potential
Heading into the stock price potential, Owens & Minor, Inc. needs to grow just 6.1% to cross its median price target of $4. In order to determine directional movement, the 50-day and 200-day moving averages for Owens & Minor, Inc. (NYSE:OMI) are $3.7963 and $6.3412. Given that liquidity is king in the short-term, OMI is a stock with 61.68 million shares outstanding that normally trades 17.98% of its float. The stock price recently experienced a 5-day gain of 5.01% with 0.22 average true range (ATR). OMI has a beta of 1.47 and RSI is 47.37.
Investors also need to beware of the Mondelez International, Inc. (NASDAQ:MDLZ) valuations. The stock trades on a P/S of 2.87, which suggests that the shares are not attractive compared with peers. The broad Confectioners industry has an average P/S ratio of 1.77, which is significantly better than the sector’s 5.09. In the past 13-year record, this ratio went down as low as 0.54 and as high as 2.97. Also, it is down from 80% of the total 1664 rivals across the globe.Mondelez International, Inc. (MDLZ)’s Lead Over its Technicals
Mondelez International, Inc. by far traveled 33.09% versus a 1-year low price of $38.78. The share price was last seen 0.84% higher, reaching at $51.62 on May. 14, 2019. At recent session, the prices were hovering between $51.11 and $51.66. This company shares are 9.12% off its target price of $56.33 and the current market capitalization stands at $74.8B. The recent change has given its price a 4.31% lead over SMA 50 and -1.81% deficit over its 52-week high. The stock witnessed 3.68% gains, 8.56% gains and 17.48% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MDLZ’s volatility during a week at 1.54% and during a month it has been found around 1.25%.
Mondelez International, Inc. (MDLZ) exchanged hands at an unexpectedly low level of 5.73 million shares over the course of the day. Noting its average daily volume at 6.9 million shares each day over the month, this signifies a pretty significant change over the norm.Mondelez International, Inc. Target Levels
The market experts are predicting a 20.11% rally, based on the high target price of $62 for Mondelez International, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $48 range (lowest target price). If faced, it would be a -7.01% drop from its current position. Overall, the share price is up 28.95% year to date [T2].