The global pharmaceuticals wholesale and distribution market is expected to grow by USD 896.5 billion from 2024-2028, driven by growing global pharmaceutical sales and the emergence of drones in the industry. However, increased complexities due to time-bound deliveries and supply chain customization pose challenges.

The global medical specialty bags market is expected to reach a value of USD 14.56 Billion by 2031, driven by the rising prevalence of chronic diseases and the increasing demand for specialized care. The market is dominated by ostomy collection bags and hospitals, with North America leading the growth due to its advanced healthcare infrastructure.

The global healthcare distribution market is expected to grow from $910.45 billion in 2023 to $1799.75 billion by 2033, driven by factors like increased R&D spending, rising chronic disease prevalence, and the importance of generic drugs. However, high drug costs and regulatory challenges may limit market growth.

Owens & Minor, Inc. (OMI) announced the resignation of its Chief Financial Officer, Alexander J. Bruni, at the request of the company. The news caused a 4.7% drop in OMI's stock price.

CrossFirst Bankshares, Owens & Minor, and Reddit were among the big stocks that declined in Tuesday's pre-market trading session, with CrossFirst Bankshares reporting lower-than-expected Q2 earnings.

biote Corp. (BTMD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Omnicell (OMCL) outpaces expectations in the first quarter of 2024 in a challenging customer environment.

The headline numbers for Owens & Minor (OMI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Stocks look set to carry forward the upward momentum on Friday amid some earnings cheer, although a tinge of nervousness is evident ahead of the all-important non-farm payrolls report. A strong labor market would give the nod for the Federal Reserve to stay “higher for longer,” and a wage inflation measure from the report will also be on investors’ radar. Also, a national non-manufacturing activity reading is due for the day. Apple, Inc (NASDAQ:APPL) appeased the Street with a quarterly report that was not so bad as feared. The company also announced a massive buyback program and a modest dividend hike. The stock has a little under 6% weighting in the S&P 500 Index. Futures Performance (+/-) Nasdaq 100 +0.70% S&P 500 +0.42% Dow +0.83% R2K +0.07% In premarket trading on Friday, the SPDR S&P 500 ETF Trust (NYSE:SPY) climbed 0.41% to $507.08, and the Invesco QQQ ETF (NASDAQ:QQQ) jumped 0.71% to $429.93, according to Benzinga Pro data. Cues From Previous Session: Stocks rose solidly on Thursday in a relief rally following the Fed decision, with falling bond yields also working in favor of the market. The major indices opened higher but reversed course and fell below the unchanged line briefly in late-morning trading. Buying resumed thereafter, sending the averages steadily higher. In the process, the Nasdaq Composite and the S&P 500 Index snapped a two-session losing streak. Communication services, IT, and consumer discretionary stocks advanced solidly, while health care and material stocks came under selling pressure. Index Performance (+/-) Value Nasdaq Composite +1.51% 15,840.96 S&P 500 Index +0.91% 5,064.20 Dow Industrials +0.85% 38,225.66 Russell 2000 +1.81% 2,016.11 Insights From Analysts: The ...Full story available on Benzinga.com

In the latest quarter, 4 analysts provided ratings for Owens & Minor (NYSE:OMI), showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 2 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $25.75, a high estimate of $28.00, and a low estimate of $23.00. Surpassing the previous average price target of $23.00, the current average has increased by 11.96%. Decoding Analyst Ratings: A Detailed Look The standing of Owens & Minor among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Daniel Ford Citigroup Raises Neutral $28.00 $24.00 Eric Coldwell Baird Raises Neutral $28.00 $24.00 Daniel Ford Citigroup Raises Neutral $24.00 $23.00 Steven Valiquette Barclays Raises Equal-Weight $23.00 $21.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Owens & Minor. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analyzing trends, analysts offer qualitative evaluations, ranging ...Full story available on Benzinga.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Truist Securities cut the price target for Deckers Outdoor Corporation (NYSE: DECK) from $983 to $864. Truist Securities analyst Joseph Civello downgraded the stock from Buy to Hold. Deckers Outdoor shares fell 2.4% to close at $867.81 on Tuesday. See how other analysts view this stock. Piper Sandler slashed the price target for Tesla, Inc. (NASDAQ: TSLA) from $225 to $205. Piper Sandler analyst Alexander Potter maintained an Overweight rating. Tesla shares gained 2.6% to close at $176.88 on Tuesday. See how other analysts view this stock. Needham raised Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) price target from $133 to $168. Needham analyst Charles Shi maintained a Buy rating. Taiwan Semiconductor Manufacturing shares rose 1.8% to close at $145.40 on Tuesday. See how other analysts view this stock. B of A Securities raised the ...