Olin Corp (NYSE: OLN) is -51.49% lower on its value in year-to-date trading and has touched a low of $17.66 and a high of $50.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OLN stock was last observed hovering at around $22.22 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $22.18, the stock is 6.82% and 6.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing -0.18% at the moment leaves the stock -27.88% off its SMA200. OLN registered -34.38% loss for a year compared to 6-month loss of -31.46%. The firm has a 50-day simple moving average (SMA 50) of $20.7676 and a 200-day simple moving average (SMA200) of $30.7544.
The stock witnessed a 11.12% gain in the last 1 month and extending the period to 3 months gives it a 15.70%, and is 3.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.37% over the week and 3.91% over the month.
Olin Corp (OLN) has around 7676 employees, a market worth around $2.55B and $6.55B in sales. Current P/E ratio is 43.70 and Fwd P/E is 12.31. Profit margin for the company is 0.94%. Distance from 52-week low is 25.59% and -56.30% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
The EPS is expected to shrink by -51.08% this year
458.0 institutions hold shares in Olin Corp (OLN), with institutional investors hold 89.95% of the company’s shares. The shares outstanding are 115.10M, and float is at 114.64M with Short Float at 4.50%. Institutions hold 89.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.78 million shares valued at $555.63 million. The investor’s holdings represent 9.9445 of the OLN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.66 million shares valued at $549.75 million to account for 9.8394 of the shares outstanding. The other top investors are FMR LLC which holds 10.26 million shares representing 8.6555 and valued at over $483.61 million, while HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC holds 7.0107 of the shares totaling 8.31 million with a market value of $391.71 million.
Olin Corp (OLN) Insider Activity
The most recent transaction is an insider purchase by Lane Kenneth Todd, the company’s President & CEO. SEC filings show that Lane Kenneth Todd bought 7,250 shares of the company’s common stock on Feb 04 ’25 at a price of $28.06 per share for a total of $0.2 million. Following the purchase, the insider now owns 7250.0 shares.
Olin Corp disclosed in a document filed with the SEC on Nov 08 ’24 that Sumner R Nichole (VP & Controller) sold a total of 10,500 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $43.75 per share for $0.46 million. Following the transaction, the insider now directly holds 24056.0 shares of the OLN stock.
