OLN - Olin Corporation
26.15 -0.23 (-0.88%)
After hours: 4:26PM EST
| Previous Close | 25.51 |
| Open | 25.81 |
| Bid | 0.00 x 3200 |
| Ask | 0.00 x 1000 |
| Day's Range | 25.71 - 26.39 |
| 52 Week Range | 17.87 - 34.42 |
| Volume | 2,237,252 |
| Avg. Volume | 2,337,459 |
| Market Cap | 4.361B |
| Beta (3Y Monthly) | 1.69 |
| PE Ratio (TTM) | 13.53 |
| EPS (TTM) | 1.95 |
| Earnings Date | Apr 29, 2019 - May 3, 2019 |
| Forward Dividend & Yield | 0.80 (3.11%) |
| Ex-Dividend Date | 2019-02-08 |
| 1y Target Est | 29.31 |
- InvestorPlace•5 hours ago
5 Growthy Stocks Trading Below 15X Earnings
Stock market investors like to find high-growth stocks, especially when they can discover them at a low price-earnings (P/E) ratio. Many of these equities command high multiples, however, if they have earnings at all. Likewise, most stocks are rightfully valued at low P/E ratios because they exhibit low levels of growth.Most of the better-known, high-growth stocks exist in up-and-coming industries. Growth-seeking traders often ignore older industries in favor of new niches, or business models, that can deliver. But finding "growthy" stocks with "boring" valuations can be difficult, if not downright impossible. Those stocks that do have low valuations often trade there for a reason.Occasionally, while searching for innovation in a lower-profile segment of the economy, you will stumble on double-digit growth coupled with palatable valuations … which is what we've compiled for you here.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Strong Buy Stocks With Over 20% Upside The following five stocks trade at a forward P/E ratio below 15, and analysts expect their average respective growth rates to exceed 20% annually over the next five years! Read on for more: Marathon Petroleum (MPC)Source: NatalieMaynor via Flickr (Modified)Forward price-earnings ratio: 9.93Marathon Petroleum (NYSE:MPC) operates as a downstream oil company specializing in refining. Most high-growth stocks in the oil and gas industry participate in the upstream market. However, upstream markets experience extreme boom and bust cycles.The need for refined product does not see these extreme fluctuations. Hence, investors can experience this high growth in a more stable part of the industry. Also, now that it has completed its takeover of Andeavor (formerly Tesoro), the company owns and operates 16 refineries across the United States.This acquisition also returns MPC stock to high growth. After seeing earnings shrink in past years, analysts project a 10.8% increase in profits for 2019. They also predict average growth of 35.2% per year over the next five years. The market has not yet seemed to notice MPC's return to growth. Despite the massive increase projected, the forward P/E stands at 9.2 -- well below the index average of 18X.Interestingly, MPC stock has also followed the path of many tech stocks. The fall selloff saw MPC fall by almost 39% between early October and Christmas Eve. Although it has recovered some of that loss, Marathon still trades 28% lower than the October high.Stockholders should also not forget the dividend, which will pay them $2.12 per share for the year. This has risen for eight consecutive years and yields 3.3%. For a combination of old company stability and new company growth, investors should look no further than MPC stock. Olin (OLN)P/E ratio: 12.39Olin (NYSE:OLN) produces and distributes ammunition, chlorine and sodium hydroxide across the United States and the world. This Clayton, Missouri-based company has existed since 1892. After years of falling profits, OLN stock has now become one of the more surprising high-growth stocks.Earnings increased by a whopping 132% in 2018. While earnings growth will likely come in around the low-double-digits for 2019, analysts forecast an average growth rate of 40.75% per year for the next five years. For this massive growth, investors pay less than 12.5 times future earnings.Olin stock is also recovering from a rough patch. Earnings for the fourth quarter fell from year-ago levels. OLN stock had also fallen throughout 2018, losing about half of its value. However, OLN stock has risen 44% since hitting that low in late December. Moreover, despite that recovery, it still trades about 33% below the all-time high from January 2018.Olin shares have also maintained an 80-cent per share annual dividend since 1999. At today's prices, that brings the yield to around 3.1%. The most recent 20-cent quarterly dividend was its 369th consecutive quarterly payment. * 7 Reasons Stock Buybacks Should Be Illegal No, ammunition and chemicals aren't as sexy as self-driving cars or 5G … still, when you can buy profit growth above 40% for just over 12 times earnings, you experience a different form of excitement … Spirit (SAVE)Source: Shutterstock P/E ratio: 9.46Spirit (NYSE:SAVE) operates in an industry that has historically had a poor investor reputation. However, thanks to Southwest (NYSE:LUV), that perception changed. Many investors would classify Southwest as one of the cheap, high-growth stocks. However, the company that may take the Southwest model to new levels is Spirit Airlines.That certainly proved true with airfares. It has accomplished this mostly by cutting frills to the lowest point legally possible. Moreover, it is going to build on Southwest's one plane type model by adding a regional jet. This will allow Spirit to serve markets that cannot accommodate larger aircraft either physically or financially. This could also bring the so-called "Southwest Effect" to small markets, bringing lower fares to markets currently dominated by legacy carriers.Spirit also continues to move into new markets. It has recently added U.S. cities such as Austin and Raleigh-Durham. It also extended its push further into South America by adding Cali, Colombia late last year.SAVE stock maintains a P/E ratio of 9.4. This is actually not cheap by airline industry standards. Still, the average growth rate of about 23.8% per year for the next five years outperforms Southwest and other peers. In short, Spirit stock has mastered the art of attracting the most fare-sensitive flyers. This should help SAVE stock to fly higher as its ability to serve more low-fare customers continues to soar. Terex (TEX)Source: Shutterstock P/E ratio: 9.61Terex (NYSE:TEX) specializes in work platforms, cranes, and other solutions for industries such as construction, quarrying, recycling, refining, and utilities. Once a division of General Motors (NYSE:GM), it has operated as an independent company since 1988.As the country rebuilds its infrastructure, contractors will continue to utilize Terex equipment. Among its most significant projects is I-4 Ultimate--the expansion of Interstate 4 in Central Florida. Terex has also sold trucks to German construction firms as that country ramps up an infrastructure upgrade valued at €269.6 billion ($304.7 billion).TEX stock has traded in a range for some time and steadily dropped throughout 2018. Still, it has spiked much higher in the previous decade, and the conditions might propel the stock to surge higher again.TEX stock currently trades at around 9.3 times earnings. This comes in well below the average P/E of 21.3 that the saw stock over the last five years. For this year, they predict a 28.2% increase in earnings. That stands well below the expected average for the next five years, which analysts estimate at 37.4% per year. * The 10 Best ETFs You Can Buy With the ongoing need for construction, and many developed countries contemplating infrastructure upgrades, TEX is one of the high-growth stocks positioned to benefit. Investors should consider TEX while they can still buy it at a low multiple. Weight Watchers (WTW)Source: Mike Mozart via FlickrP/E ratio: 8.56Weight Watchers (NYSE:WTW) could see another upswing in the coming months and years. In 2016, WTW became one of the more surprising high-growth stocks as it rose by about tenfold over two years. Oprah Winfrey served as the company spokesperson during much of that time, and many credit Oprah with this increase.However, WTW stock began a brutal downturn despite bullish sentiment. Revenues continued to rise as customers took well to CEO Mindy Grossman's strategy of emphasizing wellness over weight loss. Still, the equity has lost about 70% of its value since June.I was bearish on the stock last spring when it traded at more than double today's value. I have now changed my view, at around $30 per share, the stock has fallen to just 8.6 times forward earnings. Such a multiple should imply little profit growth …… looking at the financials, projections show nothing "little" about Weight Watchers' earnings increases. When 2018 earnings come out, analysts project 75% profit growth. They forecast further double-digit growth in 2019 with a predicted increase of 24%. Revenues followed suit, rising by a predicted 17.2% in 2018. They should go up by an additional 10.4% in 2019.Either way, the stock may have moved ahead of itself in June, but this subsequent selloff has run too far. Thanks to the massive profit growth and the single-digit P/E, prospective buyers now have a great opportunity to fatten up on WTW stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post 5 Growthy Stocks Trading Below 15X Earnings appeared first on InvestorPlace.
- Simply Wall St.•2 days ago
How Do Analysts See Olin Corporation (NYSE:OLN) Performing Over The Next Few Years?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In December 2018, Olin Corporation (NYSE:OLN) announcedRead More...
- Thomson Reuters StreetEvents•9 days ago
Edited Transcript of OLN earnings conference call or presentation 5-Feb-19 3:00pm GMT
Q4 2018 Olin Corp Earnings Call
- Zacks•9 days ago
Olin (OLN) Jumps: Stock Rises 8.7%
Olin (OLN) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.
- TheStreet.com•9 days ago
2 Value Stocks Buoyed by Recent Insider Buying
Last night's SOTU address appears to have not offered anything that riled equities, based on pre-market futures. The outcome of Brexit continues to remain murky at best, while the U.S./China trade talks do seem to be advancing. Fourth-quarter results have largely exceeded expectations, the jobs market remains robust -- and more encouragingly and importantly, the Federal Reserve seems to be continued to be focused on reassuring the market that it remains patient on future rate hikes.
Motley Fool•10 days agoOlin Corp (OLN) Q4 2018 Earnings Conference Call Transcript
OLN earnings call for the period ending December 31, 2018.
- Investing.com•10 days ago
Top Gainers - Leggett & Platt, Mueller Industries and Olin Rally
Investing.com - Leggett & Platt, Mueller Industries and Olin rallied into the close Tuesday on the back of above-consensus earnings.
- Zacks•11 days ago
Olin (OLN) Misses Earnings and Revenue Estimates in Q4
Olin (OLN) expects adjusted EBITDA for 2019 to be comparable to 2018 levels.
- Zacks•11 days ago
Olin (OLN) Lags Q4 Earnings and Revenue Estimates
Olin (OLN) delivered earnings and revenue surprises of -5.88% and -4.14%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•11 days ago
Olin: 4Q Earnings Snapshot
The Clayton, Missouri-based company said it had net income of 32 cents per share. The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research ...
- PR Newswire•11 days ago
Olin Announces Fourth Quarter 2018 Earnings
Fourth Quarter and Full Year 2018 Highlights - Net income - fourth quarter of $53.3 million and full year of $327.9 million - Achieved record full year adjusted EBITDA of $1,265.4 million with fourth quarter ...
- Benzinga•12 days ago
Q4 Earnings Outlook For Olin
Olin (NYSE: OLN ) releases its next round of earnings this Monday, Feb. 4. Here's Benzinga's essential guide to Olin's Q4 earnings report. Earnings and Revenue Analysts expect Olin earnings of 34 cents ...
- PR Newswire•15 days ago
Olin Announces 2019 Investor Day
CLAYTON, Mo. , Jan. 31, 2019 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that it will host an investor day on Tuesday, February 12, 2019 from 1:00 p.m. to 4:30 p.m. Eastern time at the ...
- Simply Wall St.•17 days ago
Shareholders Should Look Hard At Olin Corporation’s (NYSE:OLN) 7.9% Return On Capital
Today we'll evaluate Olin Corporation (NYSE:OLN) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the Read More...
- Benzinga•18 days ago
KeyBanc Out Bullish On Olin, Says Chemical Manufacturer Has 'Favorable Supply-Demand Dynamics'
Olin Corporation (NYSE: OLN ) has strong positioning as a global chlorine derivatives leader and its Dow assets have been integrated well, according to KeyBanc Capital Markets, which is projecting year-on-year ...
- Zacks•18 days ago
Analysts Estimate Olin (OLN) to Report a Decline in Earnings: What to Look Out for
Olin (OLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Markit•21 days ago
See what the IHS Markit Score report has to say about Olin Corp.
# Olin Corp ### NYSE:OLN View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for OLN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting OLN. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $826 million over the last one-month into ETFs that hold OLN are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. Although OLN credit default swap spreads are decreasing, they are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- PR Newswire•21 days ago
Olin Declares 369th Consecutive Quarterly Dividend
CLAYTON, Mo. , Jan. 25, 2019 /PRNewswire/ -- Today, Olin Corporation's (NYSE: OLN) Board of Directors declared a quarterly dividend of 20 cents on each share of Olin common stock. The dividend is payable ...
- TheStreet.com•last month
Olin Has Formed a Bullish Reversal Pattern
The chart below for the chemicals stock shows price having been in a steady downtrend from early September of last year through the end of October, with a well-defined downtrend line, after violating its prior $28.50 support level. This downtrend line was violated in early November from which point the stock started trading in a sideways basing pattern.
- Simply Wall St.•last month
Why We Think Olin Corporation (NYSE:OLN) Could Be Worth Looking At
Olin Corporation (NYSE:OLN) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case Read More...
- PR Newswire•last month
Olin to Attend the Morgan Stanley, J.P. Morgan, Bank of America Merrill Lynch, Goldman Sachs and RBC Conferences
CLAYTON, Mo. , Jan. 10, 2019 /PRNewswire/ -- Olin Corporation's ( NYSE: OLN) senior management will be attending the following investor conferences during the first quarter of 2019: February 14 th : ...
- PR Newswire•last month
Olin Corporation Fourth Quarter Earnings Conference Call Announcement
CLAYTON, Mo. , Jan. 8, 2019 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Tuesday, February 5, 2019 at 10:00 a.m. Eastern time , Olin's senior management team will review the company's ...
- Simply Wall St.•2 months ago
What Makes Olin Corporation (NYSE:OLN) A Great Dividend Stock?
Over the past 10 years Olin Corporation (NYSE:OLN) has been paying dividends to shareholders. The company is currently worth US$3.1b, and now yields roughly 4.3%. Should it have a place Read More...
- Insider Monkey•2 months ago
Hedge Funds Are Crazy About Olin Corporation (OLN)
Is Olin Corporation (NYSE:OLN) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk attributes. […]
GuruFocus.com•2 months agoIs Olin Corp a Bargain?
While screening the market for companies long track records of paying dividends, I came across Olin Corp. (OLN). Olin Corp. is a Clayton, Missouri-based producer of ammunition, chlorine and sodium hydroxide. Olin Corp. is a loyal dividend payer that has distributed payouts since 1985, though shareholders will have not seen a hike for over 24 years through Monday Dec. 10 when the company will pay a 20-cent cash quarterly dividend per share.
