Olin OLN underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints 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 | 2 | 2 | 6 | 1 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 1 | 0 | 0 |
2M Ago | 1 | 0 | 1 | 0 | 0 |
3M Ago | 1 | 1 | 4 | 1 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $52.64, a high estimate of $66.00, and a low estimate of $38.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.95%.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Olin among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Aleksey Yefremov | Keybanc | Raises | Overweight | $66.00 | $61.00 |
Duffy Fischer | Goldman Sachs | Raises | Neutral | $55.00 | $50.00 |
David Begleiter | Deutsche Bank | Announces | Hold | $52.00 | - |
Patrick Cunningham | Citigroup | Announces | Buy | $50.00 | - |
Duffy Fischer | Goldman Sachs | Lowers | Neutral | $50.00 | $57.00 |
Frank Mitsch | Fermium Research | Lowers | Hold | $48.00 | $54.00 |
Vincent Anderson | Stifel | Lowers | Buy | $65.00 | $66.00 |
Angel Castillo | Morgan Stanley | Lowers | Underweight | $38.00 | $50.00 |
Michael Leithead | Barclays | Lowers | Equal-Weight | $46.00 | $52.00 |
Jeffrey Zekauskas | JP Morgan | Lowers | Neutral | $48.00 | $75.00 |
Aleksey Yefremov | Keybanc | Lowers | Overweight | $61.00 | $67.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Olin. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey 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.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Olin's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Olin analyst ratings.
Get to Know Olin Better
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.
A Deep Dive into Olin's Financials
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Olin's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -28.01%. This indicates a decrease in the company's 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: Olin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.23% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Olin's ROE stands out, surpassing industry averages. With an impressive ROE of 4.37%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Olin's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.32%, the company showcases efficient use of assets and strong financial health.
Debt Management: Olin's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.34.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.