Alert: New Earnings Report (4/25/24)-Olin Corp (NYSE: OLN).

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For its first fiscal quarter (ending March 31), Olin Corp (NYSE: OLN) has reported E.P.S. of $0.41 compared to $1.19 a year ago. E.P.S. were $2.84 for the latest four quarters through March 31 versus $7.71 for the same period a year ago.

Recent Price Action

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On 4/25/24, Olin Corp (NYSE: OLN) stock declined slightly by -0.5%, closing at $52.82. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.

Current PriceTarget Research Rating

OLN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Olin has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Olin has a neutral Appreciation Score of 51 and a neutral Power Rating of 52, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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