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.
Several price targets were given for OLN by the analysts covering the stock. The maximum price target given was 40, implying a possible profit of 28.58 percent. The minimum price target given was 26, which equates to a potential downside of -16.43 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -14.29 percent. That number becomes -65.79 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.5 percent. If we look at the last 90 days instead, we find a net average change of -12.49 percent in FY estimates.
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 made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
OLN has an estimated earnings growth rate of 375.03 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 70.56 percent above the 52-week low, and below the high by 8.18 percent. 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.