Report
Vishnu Lekraj
EUR 101.80 For Business Accounts Only

Owens Tries to Find Its Footing; We See Some Long-Term Issues for the Distributor

Owens & Minor recently reported another mixed quarter as it continues to retool its operations in order to offset the dual headwinds of customer cost-cutting and increased competition, but we don't expect a major change to our fair value estimate. While we are encouraged by the tactical moves that management has executed over the past year, we are still uncertain regarding the ultimate outcome. We view the operating strategy rolled out by the firm’s new CEO, P. Cody Phipps, as a major positi...
Underlying
Owens & Minor Inc.

Owens & Minor is a healthcare solutions company. The company provides products and services to healthcare provider, manufacturers and directly to patients across the continuum of care. The company has two segments: Global Solutions, which provides a portfolio of medical and surgical supplies and service offerings to healthcare providers including supplier management, analytics, inventory management, and clinical supply management; and Global Products, which manufactures and sources medical surgical products through its production and kitting operations as well as provides medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Vishnu Lekraj

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