Owens & Minor Stock Dips On Mixed Q4 Preliminary Results & $310 Million Apria Goodwill Charge: Details
Financial Performance and Acquisition Plans: Owens & Minor, Inc. reported a dip in shares after announcing preliminary fourth-quarter results and plans to raise additional debt to finance the acquisition of Rotech Healthcare for $1.36 billion, expected to close in early 2025.
Market Impact and Future Outlook: The company anticipates a non-cash goodwill impairment charge of approximately $310 million and a net loss of about $4.00 per share due to market changes, while also highlighting growth in its Patient Direct segment and a reduction in total debt by over $240 million.
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Analyst Views on RWJ
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Our Calculations Show RWJ Could Reach $54
ETF Performance Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $53.77, indicating an 11.94% upside from its current trading price of $48.03.
Notable Holdings with Upside: Key underlying holdings such as Quanex Building Products Corp (NX), Xencor, Inc (XNCR), and Dynavax Technologies Corp (DVAX) show significant potential for price increases, with target prices suggesting upside of 163.09%, 130.18%, and 127.57% respectively.
Analyst Target Justification: The article raises questions about whether analysts' optimistic target prices are justified or if they may be outdated, suggesting the need for further investor research.
General Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
How The Pieces Add Up: RWJ Headed For $51
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $51.39 per unit, indicating a potential upside of 9.66% from its current trading price of $46.86.
Stock Performance Insights: Notable underlying holdings such as CSW Industrials, M/I Homes, and Calix show significant upside potential based on analyst target prices, raising questions about the validity of these targets amidst market conditions.
RWJ Crosses Below Key Moving Average Level
Stock Performance Overview: RWJ's stock has a 52-week low of $34.3147 and a high of $49.922, with the last trade recorded at $44.02.
Market Analysis Note: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating potential market trends.
Peek Under The Hood: RWJ Has 11% Upside
ETF Analyst Target Prices: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.52, indicating a potential upside of 10.96% from its current trading price of $45.53.
Underlying Holdings Performance: Notable underlying holdings like Everus Construction Group Inc, Independent Bank Corp, and Hope Bancorp show significant upside potential based on analysts' target prices, raising questions about the accuracy and optimism of these targets.
Sum Up The Pieces: RWJ Could Be Worth $50
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.23, indicating a potential upside of 10.74% from its current trading price of $45.36.
Stock Performance Insights: Notable underlying holdings such as Central Garden & Pet Co, Clearway Energy Inc, and Franklin Electric Co., Inc. show significant upside potential based on analyst targets, raising questions about the validity of these projections amidst market developments.
RWJ's Underlying Holdings Could Mean 11% Gain Potential
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.27, indicating an 11.04% upside from its current trading price of $45.27. Notable underlying holdings with significant upside include RPC, Inc., Curbline Properties Corp, and SiTime Corp.
Analyst Target Justification: Questions arise regarding the validity of analysts' target prices, as they may reflect optimism or be outdated based on recent developments in the companies and industries involved, necessitating further investor research.
Our Calculations Show RWJ Could Reach $54
ETF Performance Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $53.77, indicating an 11.94% upside from its current trading price of $48.03.
Notable Holdings with Upside: Key underlying holdings such as Quanex Building Products Corp (NX), Xencor, Inc (XNCR), and Dynavax Technologies Corp (DVAX) show significant potential for price increases, with target prices suggesting upside of 163.09%, 130.18%, and 127.57% respectively.
Analyst Target Justification: The article raises questions about whether analysts' optimistic target prices are justified or if they may be outdated, suggesting the need for further investor research.
General Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
How The Pieces Add Up: RWJ Headed For $51
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $51.39 per unit, indicating a potential upside of 9.66% from its current trading price of $46.86.
Stock Performance Insights: Notable underlying holdings such as CSW Industrials, M/I Homes, and Calix show significant upside potential based on analyst target prices, raising questions about the validity of these targets amidst market conditions.
RWJ Crosses Below Key Moving Average Level
Stock Performance Overview: RWJ's stock has a 52-week low of $34.3147 and a high of $49.922, with the last trade recorded at $44.02.
Market Analysis Note: The article mentions other ETFs that have recently fallen below their 200-day moving average, indicating potential market trends.
Peek Under The Hood: RWJ Has 11% Upside
ETF Analyst Target Prices: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.52, indicating a potential upside of 10.96% from its current trading price of $45.53.
Underlying Holdings Performance: Notable underlying holdings like Everus Construction Group Inc, Independent Bank Corp, and Hope Bancorp show significant upside potential based on analysts' target prices, raising questions about the accuracy and optimism of these targets.
Sum Up The Pieces: RWJ Could Be Worth $50
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.23, indicating a potential upside of 10.74% from its current trading price of $45.36.
Stock Performance Insights: Notable underlying holdings such as Central Garden & Pet Co, Clearway Energy Inc, and Franklin Electric Co., Inc. show significant upside potential based on analyst targets, raising questions about the validity of these projections amidst market developments.
RWJ's Underlying Holdings Could Mean 11% Gain Potential
ETF Analysis: The Invesco S&P SmallCap 600 Revenue ETF (RWJ) has an implied analyst target price of $50.27, indicating an 11.04% upside from its current trading price of $45.27. Notable underlying holdings with significant upside include RPC, Inc., Curbline Properties Corp, and SiTime Corp.
Analyst Target Justification: Questions arise regarding the validity of analysts' target prices, as they may reflect optimism or be outdated based on recent developments in the companies and industries involved, necessitating further investor research.
