Home Sectors Basic Materials Present Movement: Olin Corporation (NYSE: OLN)

Present Movement: Olin Corporation (NYSE: OLN)


Olin Corporation trades as part of the chemicals industry and is in the basic materials sector. The company CEO is John E. Fischer. Olin Corp is manufactures and sells chlor alkali products. It is engaged in three segments Chlor Alkali Products, Epoxy and Winchester.

Previous Intraday Trading Performance:

The OLN stock showed a previous change of 7.26% with an open at 20.93 and a close of 22.16. It reached an intraday high of 22.18 and a low of 20.93.

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The stock has a market cap of $3.7b with 164.9m shares outstanding, of which the float is 163.0m shares. Trading volume reached 3,273,034 shares compared to its average volume of 2,800,087 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Olin Corporation shares returned 7.05% and in the past 30 trading days it returned -6.34%. Over three months, it changed -9.37%. In one year it has changed -29.08% and within that year its 52-week high was 33.30 and its 52-week low was 17.87. OLN stock is 24.01% above its 52 Week Low.

Our calculations show a 200 day moving average of 23.32 and a 50 day moving average of 22.37. Currently OLN stock is trading -4.99% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

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The last annual fiscal EPS for the company was reported at 1.95 that ended on 31st of December 2018, which according to the previous close, that is a PE of 11.36. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.33. The TTM EPS is 1.76, which comes to a TTM PE of 12.59.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.25
4thQtr of 2018 (Reported on 02/04/2019): 0.32
3rdQtr of 2018 (Reported on 10/29/2018): 1.16
2ndQtr of 2018 (Reported on 07/31/2018): 0.35
1stQtr of 2018 (Reported on 05/01/2018): 0.12

The dividend per share is currently 0.80, which is a dividend yield of 3.61%. Also, the payout ratio is 45.45%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 33.99, which means it is possibly undervalued and has a margin of safety of 34.81%.

Indicators to Watch:

Short-interest was 9,495,442, which was 5.76% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.13. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.54.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.02%, return on assets is 3.98%, profit margin is 5.16%, price-to-sales is 0.50 and price-to-book is 1.20.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 2  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.