Olin Corp (NYSE:OLN) shares traded -6.15% down during most recent session to reach at the closing price of $20.45. The stock exchanged hands 2.08 Million shares versus average trading capacity of 2.66 Million shares, yielding a market cap of $3.43 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $28.53 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Olin Corp (NYSE:OLN) high price target of $38 and with a conservative view have low price target of $20.
Citigroup “Maintained” Olin Corp (NYSE:OLN) in a research note issued to investors on 11/01/18 to Buy with price target of $26.
Additionally on 10/31/18 Barclays “Maintained” Olin Corp (NYSE:OLN) to Equal-Weight setting price target at $24 and on 10/31/18 Nomura “Maintained” the stock to Neutral at $27. Furthermore on 10/15/18 Nomura “Maintained” the stock to Neutral at $29.
On the other hand the company has Relative Strength Index (RSI 14) of 41.59 along with Average True Range (ATR 14) of 0.89, Consequently Olin Corp (NYSE:OLN)’s weekly and monthly volatility is 4.11%, 3.60% respectively. The company’s beta value is at 1.7.
In terms of Buy, Sell or Hold recommendations, Olin Corp (NYSE:OLN) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Olin Corp (NYSE:OLN)’s minimum EPS for the current quarter is at $0.29 and can go high up to $0.48. The consensus mean EPS for the current quarter is at $0.4 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.34 earnings per share for the same quarter during last year.
Previously Olin Corp (NYSE:OLN) reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.07. The company posted an earnings surprise of 9.3%.
Olin Corp (NYSE:OLN)’s revenue estimates for the current quarter are $1.72 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $1.86 Billion in contradiction of low revenue estimates of $1.64 Billion. For the current year the company’s revenue estimates are $7.04 Billion compared to low analyst estimates of $6.95 Billion and high estimates of $7.17 Billion according to 12 number of analysts.
Currently Olin Corp (NYSE:OLN)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 88.7%. However the six-month change in the insider ownership was recorded 0.72%, as well as three-month change in the institutional ownership was recorded -0.85%.
Olin Corp (NYSE:OLN)’s trailing twelve month revenues are $6.93 Billion, whereas its price to sales ratio for the same period is 0.49. Its book value per share for the most recent quarter is $17.5 while its price to book ratio for the same period is 1.17, as for as the company’s cash per share for the most recent quarter is $0.93, however its price to cash per share ratio for the same period is 21.87. The stock has 5 year expected PEG ratio of 0.26 whereas its trailing twelve month P/E ratio is 10.58.