Olin Corporation: How Investors Can Make It Count the Most

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Olin Corporation kicked off the trading day on 08/30/19 with a price increase of 1.98%, equivalent to $0.33 relative change for the day. Taking a more long-term approach, OLN had a 52-week range of $15.38 to $31.87. At the time of this article’s publishing, this stock is trading at $16.98 after starting the trading session at $16.81. Moving on, the stock has demonstrated a 52-week change amounting to 73.75, alongside an S&P500 52-Week Change of 47.27. At the time of writing, this stock’s 50-day Moving Average stands at $19.37, while the 200-day Moving Average of this stock is currently $21.75.

Currently, this company’s share volume is sitting at $3,176,290, but has maintained average daily volume of $2.36M. This stock has generated an average Year to Date volume of $2.39 million, alongside an average 20-day volume of $2.84 million. This publicly-traded company’s shares outstanding now amounts to $164.60 million, simultaneously with a float of $161.59 million. The organization now has a market capitalization sitting at $2.79 billion.

Olin Corporation(OLN) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Olin Corporation’s current insider ownership accounts for 0.50%, in contrast to 93.50% institutional ownership. According to the most recent latest insider trade that took place on Aug 23 this organization’s Director bought 15,000 at the rate of 15.66, making the entire transaction hit 234,882 in total value, affecting insider ownership by 45,000. Preceding that transaction, on Aug 21 Company’s Director bought 2,000 at a price of 16.69, making the whole transaction’s value amount to 33,374. This particular insider is now the holder of 2,000 in total.

If we take a glance at the Ownership summary of Olin Corporation’s stock, 385 Institutional holders make up 97.44% of its total stock ownership. All together, they are the legal holders of 160,100,308 shares, which are valued at about $2,718,503,230 in total. If we focus on the top 3 stockholders for this publicly-traded organization, FMR LLC owns 24.73 million shares, with BLACKROCK INC. in 2nd place owning 19.5 million shares and VANGUARD GROUP INC in third place with total ownership of 16.04 million shares.

Olin Corporation (OLN) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Mar-19, the organization reported $0.28 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.32) by $0.04.

The corporation racked down revenue of $1,635.00million for the previous financial quarter, compared to the mean analyst estimate of $1,708.53 million. This company achieved a net margin of 4.06 while generating a return on equity of 9.56. Olin Corporation’s full-quarter revenue decreased by -9.17%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

Olin Corporation’s EPS increase for this current 12-month fiscal period is 194.10%, and is forecasted to reach 63.26% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 10.70% through the next 5 years, which can be compared against the -2.50% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Olin Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 1.00. The company has managed to achieve an average true range (ATR) of 0.64. Alongside those, its PE Ratio stands at $10.56, and its Beta score is 1.60.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 8.06. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.01, whereas its price to cash per share for the last quarter landed at 0.77.

In the same vein, OLN’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 1.61, a figure that is expected to reach 0.39 in the next reported quarter, and analysts expect it will be 63.26% at the market close of one year from today’s date.