For its third fiscal quarter (ending September 30), Olin Corp (NYSE: OLN) has reported a -125% decline in E.P.S. from $0.84 a year ago to $-0.21 in the current quarter. E.P.S. were $1.27 for the latest four quarters through September 30 versus $4.65 for the same period a year ago — a decline of -73%.
Recent Price Action
On 10/24/24, Olin Corp (NYSE: OLN) stock declined slightly by -0.1%, closing at $45.04. Moreover, trading volume in this decline was unusually high at 182% of normal. The stock has declined -4.4% during the last week and has been weak relative to the market over the last nine months.
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 D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Olin has a neutral Appreciation Score of 48 but a poor Power Rating of 16, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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