At the time of writing, Olin Corp [OLN] stock is trading at $33.52, up 2.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OLN shares have gain 4.33% over the last week, with a monthly amount drifted -12.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Olin Corp [NYSE: OLN] stock has seen the most recent analyst activity on January 14, 2025, when BofA Securities upgraded its rating to a Buy and also revised its price target to $40 from $48. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on September 03, 2024, and set its price target to $50. On August 08, 2024, Mizuho initiated with a Neutral rating and assigned a price target of $45 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $55 on July 29, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $51 on July 29, 2024. Deutsche Bank started tracking with a Hold rating for this stock on December 07, 2023, and assigned it a price target of $52. In a note dated November 13, 2023, Citigroup initiated an Buy rating and provided a target price of $50 on this stock.
For the past year, the stock price of Olin Corp fluctuated between $30.69 and $60.60. Currently, Wall Street analysts expect the stock to reach $47.5 within the next 12 months. Olin Corp [NYSE: OLN] shares were valued at $33.52 at the most recent close of the market. An investor can expect a potential return of 41.71% based on the average OLN price forecast.
Analyzing the OLN fundamentals
According to Olin Corp [NYSE:OLN], the company’s sales were 6.48B for trailing twelve months, which represents an -4.90% plunge. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 33.28 points at the first support level, and at 33.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.79, and for the 2nd resistance point, it is at 34.05.
Ratios To Look Out For
It is important to note that Olin Corp [NYSE:OLN] has a current ratio of 1.40. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 27.22.
Transactions by insiders
Recent insider trading involved Sumner R Nichole, VP & Controller, that happened on Nov 08 ’24 when 10500.0 shares were sold. Officer, R. Nicole Sumner completed a deal on Nov 08 ’24 to buy 10500.0 shares. Meanwhile, Officer Sumner, R. Nichole bought 10500.0 shares on Aug 26 ’24.
