Throughout the last three months, 13 analysts have evaluated Olin OLN, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 5 | 8 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 0 | 5 | 6 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $52.77, with a high estimate of $69.00 and a low estimate of $45.00. This current average has decreased by 14.89% from the previous average price target of $62.00.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Olin by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Bhavesh Lodaya | BMO Capital | Announces | Market Perform | $50.00 | - |
John Roberts | Mizuho | Announces | Neutral | $45.00 | - |
Charles Neivert | Piper Sandler | Lowers | Overweight | $57.00 | $75.00 |
Steve Byrne | B of A Securities | Lowers | Neutral | $51.00 | $62.00 |
David Begleiter | Deutsche Bank | Lowers | Hold | $48.00 | $57.00 |
Aleksey Yefremov | Keybanc | Lowers | Overweight | $62.00 | $69.00 |
Michael Leithead | Barclays | Lowers | Equal-Weight | $49.00 | $59.00 |
Duffy Fischer | Goldman Sachs | Lowers | Neutral | $49.00 | $55.00 |
Arun Viswanathan | RBC Capital | Lowers | Outperform | $52.00 | $61.00 |
Michael Sison | Wells Fargo | Lowers | Equal-Weight | $48.00 | $50.00 |
Jeffrey Zekauskas | JP Morgan | Announces | Overweight | $55.00 | - |
Aleksey Yefremov | Keybanc | Lowers | Overweight | $69.00 | $73.00 |
Joshua Spector | UBS | Lowers | Neutral | $51.00 | $59.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Olin. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Olin compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Capture valuable insights into Olin's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Olin analyst ratings.
All You Need to Know About Olin
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Key Indicators: Olin's Financial Health
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Negative Revenue Trend: Examining Olin's financials over 3 months reveals challenges. As of 30 June, 2024, the company experienced a decline of approximately -3.45% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.51%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Olin's ROE stands out, surpassing industry averages. With an impressive ROE of 3.44%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Olin's ROA stands out, surpassing industry averages. With an impressive ROA of 0.97%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.52.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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