With 1.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.91 million shares. The 52-week range on OLN shows that it touched its highest point at $51.16 and its lowest point at $17.66 during that stretch. It currently has a 1-year price target of $25.35. With its current market cap of 2.34 billion, OLN has annualized dividend of $0.80 while the current yield stands at 3.94%. Beta for the stock currently stands at 1.52.
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 -3.20%, but this was down by -3.75% over a month. Three-month performance dropped to -18.51% while six-month performance fell -46.78%. The stock lost -60.26% in the past year, while it has lost -39.94% so far this year. A look at the trailing 12-month EPS for OLN yields 0.51 with Next year EPS estimates of 1.91. For the next quarter, that number is 0.09. This implies an EPS growth rate of -40.54% for this year and 169.69% for next year.
Float and Shares Shorts:
At present, 115.10 million OLN shares are outstanding with a float of 114.64 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.97327 being high and $0.84675 being low. For OLN, this leads to a yearly average estimate of $0.92461.
