Analysts See $0.07 EPS for OMNOVA Solutions Inc. (OMN)

March 19, 2018 - By Ellis Scott

 Analysts See $0.07 EPS for OMNOVA Solutions Inc. (OMN)
Investors sentiment decreased to 1.11 in 2017 Q3. Its down 0.12, from 1.23 in 2017Q2. It dived, as 6 investors sold OMNOVA Solutions Inc. shares while 38 reduced holdings. 13 funds opened positions while 36 raised stakes. 38.61 million shares or 1.15% more from 38.17 million shares in 2017Q2 were reported.
Northern accumulated 694,668 shares. Millennium Mgmt Ltd Llc invested in 0.01% or 441,006 shares. Prelude Capital Mgmt Ltd Com owns 28,625 shares. Rhumbline Advisers accumulated 50,273 shares or 0% of the stock. Strs Ohio stated it has 76,500 shares or 0% of all its holdings. Scopus Asset Management Limited Partnership accumulated 610,835 shares. State Street holds 0% in OMNOVA Solutions Inc. (NYSE:OMN) or 851,221 shares. Malaga Cove Cap Llc reported 0.55% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Moreover, Great West Life Assurance Can has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN) for 10,100 shares. Geode Cap Mgmt Ltd Limited Liability Company reported 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Meeder Asset Mngmt accumulated 1,146 shares or 0% of the stock. Invesco has 181,401 shares for 0% of their portfolio. Royal Bankshares Of Canada invested 0.03% in OMNOVA Solutions Inc. (NYSE:OMN). Wells Fargo & Mn holds 0% or 81,278 shares in its portfolio. Product Prtnrs Limited Liability Corporation invested in 0.01% or 17,700 shares.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.07 EPS on March, 28 before the open.They anticipate $0.02 EPS change or 40.00 % from last quarter’s $0.05 EPS. OMN’s profit would be $3.14M giving it 39.46 P/E if the $0.07 EPS is correct. After having $0.10 EPS previously, OMNOVA Solutions Inc.’s analysts see -30.00 % EPS growth. The stock increased 1.38% or $0.15 during the last trading session, reaching $11.05. About 322,816 shares traded or 148.86% up from the average. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 19, 2017 and is uptrending. It has outperformed by 16.89% the S&P500.

OMNOVA Solutions Inc. (NYSE:OMN) Ratings Coverage

Among 3 analysts covering Omnova Solutions (NYSE:OMN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Omnova Solutions had 8 analyst reports since September 28, 2015 according to SRatingsIntel. Jefferies maintained OMNOVA Solutions Inc. (NYSE:OMN) rating on Tuesday, July 18. Jefferies has “Buy” rating and $1200 target. Jefferies maintained the shares of OMN in report on Friday, June 16 with “Buy” rating. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Buy” rating by Jefferies on Monday, August 28. KeyBanc Capital Markets maintained OMNOVA Solutions Inc. (NYSE:OMN) on Thursday, September 28 with “Hold” rating. Jefferies maintained the stock with “Buy” rating in Tuesday, October 10 report. The firm earned “Hold” rating on Thursday, August 24 by KeyBanc Capital Markets. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Buy” rating by Jefferies on Wednesday, January 31. The rating was maintained by Deutsche Bank on Monday, September 28 with “Buy”.

OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The company has market cap of $495.15 million. The firm operates in two divisions, Performance Chemicals and Engineered Surfaces. It currently has negative earnings. The Performance Chemicals segment produces a range of latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants, and elastomeric modifiers, which are used in gas and oil drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic gloves, and various other specialty applications.

More important recent OMNOVA Solutions Inc. (NYSE:OMN) news were published by: which released: “Omnova Solutions: Post-Q3 Gains Look Like Too Much” on October 03, 2017, also published article titled: “OMNOVA Solutions’ (OMN) CEO Anne Noonan on Q3 2017 Results – Earnings Call …”, published: “OMNOVA Solutions to Webcast Fourth Quarter 2017 Earnings Call” on January 17, 2018. More interesting news about OMNOVA Solutions Inc. (NYSE:OMN) was released by: and their article: “OMNOVA Solutions’ (OMN) CEO Anne Noonan on Q4 2017 Results – Earnings Call …” with publication date: January 31, 2018.

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