$0.41 EPS Expected for Olin Corporation (OLN)

January 19, 2018 - By Hazel Jackson

 $0.41 EPS Expected for Olin Corporation (OLN)
Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.12, from 1.07 in 2017Q2. It dropped, as 33 investors sold Olin Corporation shares while 95 reduced holdings. 42 funds opened positions while 79 raised stakes. 147.38 million shares or 2.64% less from 151.38 million shares in 2017Q2 were reported.
Sir Capital L P owns 93,923 shares. Teacher Retirement Systems Of Texas has 0% invested in Olin Corporation (NYSE:OLN) for 13,629 shares. Gemmer Asset Management Ltd Company reported 0% of its portfolio in Olin Corporation (NYSE:OLN). Hanson & Doremus Invest holds 0.01% in Olin Corporation (NYSE:OLN) or 688 shares. Adams Asset Limited Company accumulated 165,427 shares. Atlantic Grp Lc reported 21,864 shares. State Of Tennessee Treasury Department reported 0.02% of its portfolio in Olin Corporation (NYSE:OLN). Quantitative Investment Limited Liability Corporation owns 95,400 shares for 0.04% of their portfolio. Signalpoint Asset Lc, Missouri-based fund reported 21,212 shares. Mufg Americas has 0% invested in Olin Corporation (NYSE:OLN). Winfield Associates Inc holds 0% of its portfolio in Olin Corporation (NYSE:OLN) for 20 shares. Vident Advisory Ltd Liability Corp has invested 0.03% of its portfolio in Olin Corporation (NYSE:OLN). Fmr Limited Liability Company accumulated 3.73M shares or 0.02% of the stock. Loomis Sayles Lp holds 0% in Olin Corporation (NYSE:OLN) or 22,554 shares. Group One Trading Limited Partnership stated it has 0% of its portfolio in Olin Corporation (NYSE:OLN).

Since August 2, 2017, it had 0 insider buys, and 3 selling transactions for $1.41 million activity. Curley Stephen C also sold $151,724 worth of Olin Corporation (NYSE:OLN) on Tuesday, August 15.

Analysts expect Olin Corporation (NYSE:OLN) to report $0.41 EPS on January, 30.They anticipate $0.10 EPS change or 32.26 % from last quarter’s $0.31 EPS. OLN’s profit would be $68.25M giving it 22.34 P/E if the $0.41 EPS is correct. After having $0.35 EPS previously, Olin Corporation’s analysts see 17.14 % EPS growth. The stock increased 0.38% or $0.14 during the last trading session, reaching $36.64. About 2.03 million shares traded or 27.53% up from the average. Olin Corporation (NYSE:OLN) has risen 51.90% since January 19, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

Olin Corporation (NYSE:OLN) Ratings Coverage

Among 13 analysts covering Olin Corporation (NYSE:OLN), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Olin Corporation had 40 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, October 30, the company rating was upgraded by RBC Capital Markets. The rating was initiated by Bank of America on Monday, May 8 with “Buy”. As per Tuesday, June 28, the company rating was upgraded by Cowen & Co. On Friday, May 12 the stock rating was initiated by Tudor Pickering with “Buy”. The stock of Olin Corporation (NYSE:OLN) has “Neutral” rating given on Wednesday, September 2 by UBS. The stock of Olin Corporation (NYSE:OLN) has “Buy” rating given on Thursday, January 7 by Nomura. As per Wednesday, January 3, the company rating was upgraded by Vertical Research. The firm earned “Buy” rating on Tuesday, October 17 by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $42.0 target in Wednesday, December 13 report. Cowen & Co maintained the shares of OLN in report on Friday, July 29 with “Outperform” rating.

Olin Corporation manufactures and distributes chemical products in the United States and internationally. The company has market cap of $6.10 billion. It operates through three divisions: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. It has a 78.12 P/E ratio. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide.

More news for Olin Corporation (NYSE:OLN) were recently published by: Prnewswire.com, which released: “Olin Announces Pricing Terms of Debt Offering” on January 16, 2018. Prnewswire.com‘s article titled: “Olin Corporation Fourth Quarter Earnings Conference Call Announcement” and published on January 17, 2018 is yet another important article.

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