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Are Investors Undervaluing Owens & Minor (OMI) Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company to watch right now is Owens & Minor (OMI - Free Report) . OMI is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 13.75, while its industry has an average P/E of 21.73. Over the past year, OMI's Forward P/E has been as high as 15.02 and as low as 6.10, with a median of 11.32.
Finally, investors should note that OMI has a P/CF ratio of 9.61. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 34.60. Over the past year, OMI's P/CF has been as high as 10.14 and as low as 3.62, with a median of 7.06.
Value investors will likely look at more than just these metrics, but the above data helps show that Owens & Minor is likely undervalued currently. And when considering the strength of its earnings outlook, OMI sticks out at as one of the market's strongest value stocks.
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Are Investors Undervaluing Owens & Minor (OMI) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company to watch right now is Owens & Minor (OMI - Free Report) . OMI is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 13.75, while its industry has an average P/E of 21.73. Over the past year, OMI's Forward P/E has been as high as 15.02 and as low as 6.10, with a median of 11.32.
Finally, investors should note that OMI has a P/CF ratio of 9.61. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 34.60. Over the past year, OMI's P/CF has been as high as 10.14 and as low as 3.62, with a median of 7.06.
Value investors will likely look at more than just these metrics, but the above data helps show that Owens & Minor is likely undervalued currently. And when considering the strength of its earnings outlook, OMI sticks out at as one of the market's strongest value stocks.