Analyst Ratings for Olin Corp. (OLN)Updated: 2017-07-26
Olin Corp. (NYSE:OLN) was awarded an average rating of Overweight from investment analysts following the stock. Last month, OLN received an average rating of Overweight.
14 analysts issued ratings on the stock, where 8 gave OLN a buy rating, 1 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for OLN. The most optimistic price target was 40, implying potential capital gains of 28.58 percent. The most pessimistic analyst gave a price target of 26, implying a possible loss of -16.43 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -14.29 percent on average, compared to last month. That number becomes -65.79 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.5 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -12.49 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of OLN's earnings is estimated by analysts to be 375.03 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. OLN has a PEG ratio of 0.3.
In the trailing 52-weeks, OLN hit 33.88 at the highest peak, while it's lowest trading point was 18.24. The current market price is above the trailing year's low by 70.56 percent, and 8.18 percent below the high. OLN has a P/E ratio of 111.11. Investors typically compare the P/E ratio to a company's peers in the industry. The OLN value stock report compares OLN to some of its peers using value stock charts. The market cap of OLN is $5.24 billion. OLN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.