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

March 14, 2018 - By Vivian Park

 Analysts See $0.07 EPS for OMNOVA Solutions Inc. (OMN)
Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.12, from 1.23 in 2017Q2. It turned negative, 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.
Jacobs Levy Equity Mgmt Inc invested 0.03% in OMNOVA Solutions Inc. (NYSE:OMN). Financial Bank Of America Corporation De holds 0% or 80,264 shares. Goldman Sachs Grp Inc stated it has 67,175 shares. Cornerstone Management Ltd Com holds 0% in OMNOVA Solutions Inc. (NYSE:OMN) or 6,900 shares. Vanguard Group Inc holds 0% in OMNOVA Solutions Inc. (NYSE:OMN) or 1.83 million shares. Barclays Public Ltd stated it has 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Teachers Retirement Of The State Of Kentucky holds 0.01% or 93,903 shares in its portfolio. 275,461 were reported by Menta Ltd Liability Com. Weber Alan W has 441,900 shares. Piermont Cap Mgmt holds 174,830 shares or 0.63% of its portfolio. Morgan Stanley has 87,917 shares for 0% of their portfolio. California Public Employees Retirement Systems invested 0% in OMNOVA Solutions Inc. (NYSE:OMN). Spark Invest Management Limited Liability Company accumulated 203,400 shares. 1.37M are owned by Renaissance Tech Limited Liability. North Star Invest Mngmt Corporation has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN) for 2,000 shares.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.07 EPS on April, 4.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 39.11 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 1.86% or $0.2 during the last trading session, reaching $10.95. About 249,311 shares traded or 97.58% up from the average. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 14, 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. The firm earned “Buy” rating on Tuesday, October 10 by Jefferies. The rating was maintained by Jefferies on Friday, June 16 with “Buy”. The rating was maintained by KeyBanc Capital Markets with “Hold” on Thursday, August 24. The firm has “Buy” rating given on Monday, August 28 by Jefferies. The rating was maintained by Deutsche Bank with “Buy” on Monday, September 28. The stock has “Buy” rating by Jefferies on Wednesday, January 31. On Tuesday, July 18 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Hold” rating on Thursday, September 28 by KeyBanc Capital Markets.

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 $490.67 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’ (OMN) CEO Anne Noonan on Q4 2017 Results – Earnings Call …” on January 31, 2018. More interesting news about OMNOVA Solutions Inc. (NYSE:OMN) was released by: and their article: “OMNOVA Solutions to Webcast Fourth Quarter 2017 Earnings Call” with publication date: January 17, 2018.

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