With 1.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.64 million shares. During the session, the Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $32.85 whereas the lowest price it dropped to was $31.72. The 52-week range on OLN shows that it touched its highest point at $60.60 and its lowest point at $30.69 during that stretch. It currently has a 1-year price target of $41.63. With its current market cap of 3.75 billion, OLN has annualized dividend of $0.80 while the current yield stands at 2.49%. OLN paid its most recent dividend on 1731542400, while the ex-dividend date for that was 1731542400. Beta for the stock currently stands at 1.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OLN was down-trending over the past week, with a drop of -3.89%, but this was down by -4.83% over a month. Three-month performance dropped to -22.94% while six-month performance fell -29.13%. The stock lost -42.65% in the past year, while it has lost -4.91% so far this year. A look at the trailing 12-month EPS for OLN yields 1.23 with Next year EPS estimates of 3.84. For the next quarter, that number is 0.24. This implies an EPS growth rate of 90.09% for this year and 69.76% for next year.
Float and Shares Shorts:
At present, 116.60 million OLN shares are outstanding with a float of 116.12 million shares on hand for trading. On 2025-01-15, short shares totaled 4.13 million, which was 354.0 higher than short shares on 1734048000. In addition to Mr. Todd A. Slater CPA as the firm’s Senior Vice President & CFO, Ms. Dana C. O’Brien J.D. serves as its Senior VP, General Counsel & Secretary.
Institutional Ownership:
Through their ownership of 0.92824 of OLN’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OLN reported revenue of $1589500000.0 and operating income of $23400000.0. The EBITDA in the recently reported quarter was $161300000.0 and diluted EPS was -$0.21.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OLN since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OLN analysts setting a high price target of 50.0 and a low target of 31.0, the average target price over the next 12 months is 40.58824. Based on these targets, OLN could surge 55.57% to reach the target high and fall by -3.55% to reach the target low. Reaching the average price target will result in a growth of 26.29% from current levels.
Analysts have provided yearly estimates in a range of $0.97273 being high and $0.84627 being low. For OLN, this leads to a yearly average estimate of $0.92409. Based on analyst estimates, the high estimate for the next quarter is $0.9 and the low estimate is $0.4. The average estimate for the next quarter is thus $0.63.
