Owens & Minor's Focus on Home-Based Care May Revitalize Its Shares

Owens & Minor, a healthcare logistics provider, has been struggling due to significant losses at one of its operating segments. The company announced the sale of its Products & Healthcare Services segment to private equity firm Platinum Equity, allowing it to focus on home-based care. Despite a history of growth, the company's operating margins have been volatile since COVID, with a current margin of 2.3%. The company's new focus may be enough to lift its shares, but investors should consider the volatility in its operating margins.