$0.22 EPS Expected for Olin Corporation (OLN)

April 17, 2018 - By Alfred Lee

Olin Corporation (NYSE:OLN) LogoInvestors sentiment increased to 1.29 in 2017 Q4. Its up 0.34, from 0.95 in 2017Q3. It is positive, as 30 investors sold Olin Corporation shares while 89 reduced holdings. 56 funds opened positions while 97 raised stakes. 144.77 million shares or 1.77% less from 147.38 million shares in 2017Q3 were reported.
Bluemountain Management Llc owns 280,426 shares. 13 are held by Assetmark. Pub Sector Pension Board holds 35,722 shares. Jpmorgan Chase And holds 0% or 444,197 shares. Wells Fargo & Commerce Mn holds 0% in Olin Corporation (NYSE:OLN) or 482,323 shares. Susquehanna Intl Group Ltd Liability Partnership reported 0% in Olin Corporation (NYSE:OLN). Raymond James Financial Advisors stated it has 17,423 shares. Visionary Asset holds 9,919 shares or 0.1% of its portfolio. Benjamin F Edwards & reported 500 shares or 0% of all its holdings. Colorado-based Advsrs Asset Inc has invested 0.01% in Olin Corporation (NYSE:OLN). Teacher Retirement Sys Of Texas holds 0.01% or 57,189 shares. Parallax Volatility Advisers L P accumulated 0% or 4,718 shares. Banced accumulated 6,128 shares or 0.36% of the stock. The New York-based Capstone Investment Advsrs Lc has invested 0.01% in Olin Corporation (NYSE:OLN). 1,053 are owned by Cubist Systematic Strategies Limited Company.

Since February 12, 2018, it had 3 insider purchases, and 2 sales for $61,635 activity. 6,500 shares were bought by Shipp Earl L, worth $208,083 on Tuesday, February 13. MCINTOSH JOHN L had sold 8,750 shares worth $286,889 on Monday, February 26. $206,250 worth of Olin Corporation (NYSE:OLN) shares were sold by Curley Stephen C. Another trade for 6,000 shares valued at $198,397 was bought by BOGUS DONALD W.

Analysts expect Olin Corporation (NYSE:OLN) to report $0.22 EPS on May, 1.They anticipate $0.08 EPS change or 57.14 % from last quarter’s $0.14 EPS. OLN’s profit would be $36.78M giving it 34.53 P/E if the $0.22 EPS is correct. After having $0.35 EPS previously, Olin Corporation’s analysts see -37.14 % EPS growth. The stock increased 1.27% or $0.38 during the last trading session, reaching $30.39. About 870,379 shares traded. Olin Corporation (NYSE:OLN) has declined 8.60% since April 17, 2017 and is downtrending. It has underperformed by 20.15% the S&P500.

Olin Corporation (NYSE:OLN) Ratings Coverage

Among 10 analysts covering Olin Corp (NYSE:OLN), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Olin Corp had 16 analyst reports since October 17, 2017 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $43.0 target in Thursday, January 25 report. The company was maintained on Wednesday, December 13 by RBC Capital Markets. The rating was maintained by Morgan Stanley with “Overweight” on Monday, February 12. As per Tuesday, April 10, the company rating was maintained by Citigroup. The firm earned “Buy” rating on Friday, March 9 by J.P. Morgan. The firm has “Buy” rating given on Wednesday, November 1 by SunTrust. Susquehanna maintained Olin Corporation (NYSE:OLN) on Thursday, February 8 with “Buy” rating. The firm earned “Buy” rating on Monday, February 12 by SunTrust. The rating was upgraded by Vertical Research on Wednesday, January 3 to “Buy”. The stock of Olin Corporation (NYSE:OLN) earned “Buy” rating by Susquehanna on Friday, March 23.

Olin Corporation manufactures and distributes chemical products in the United States and internationally. The company has market cap of $5.08 billion. It operates through three divisions: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. It has a 9.32 P/E ratio. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide.

Olin Corporation (NYSE:OLN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.