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.
OLN was given price targets by several analysts. The most optimistic analyst gave a price target of 40, which equates to a potential upside of 28.58 percent. The most pessimistic price target was 26, implying a possible loss of -16.43 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -14.29 percent. The average change in earnings estimates over the last 90 days is -65.79 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.5 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -12.49 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
OLN has an estimated earnings growth rate of 375.03 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of OLN is 0.3.
OLN has a 52-week high of 33.88 and a 52-week low of 18.24. Currently the stock is 70.56 percent higher than its low, and 8.18 percent below the high. OLN has a price/earnings 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 stock has a market capitalization of $5.24 billion. OLN will post this quarters earnings in days, on 0000-00-00.