Extremely important negative changes in investment behavior have recently occurred for Olin Corp (NYSE: OLN): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Olin Corp (NYSE: OLN). Significant negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, OLN is expected to continue to be a major Value Builder.
Olin has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Olin has a neutral Appreciation Score of 52 and a slightly positive Power Rating of 62, producing the High Neutral Value Trend Rating.
Recent Price Action
Olin Corp (NYSE: OLN) stock closed at $50.74 on 6/4/24 after a decline of -2.1%. This decline was accompanied by normal trading volume. The stock has declined -6.7% during the last week but has been strong relative to the market over the last nine months.
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