What Are The Chances Of Olin Corp (NYSE: OLN) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, OLN falls under the Basic Materials sector while operating within the Chemicals industry segment. The current market capitalization of Olin Corp is $4.90B. A total of 1.13 million shares were traded on the day, compared to an average of 1.39M shares.

In the most recent transaction, Sumner R Nichole sold 10,500 shares of OLN for 43.75 per share on Nov 08 ’24. After the transaction, the VP & Controller now owns 24,056 company shares. In a previous transaction on Nov 08 ’24, R. Nicole Sumner bought 10,500 shares at 41.77 per share.

Among the insiders who bought shares, Sumner, R. Nichole acquired of 10,500 shares on Aug 26 ’24 at a per-share price of $42.77. In another insider transaction, Sutton Scott McDougald sold 48,896 shares at $52.39 per share on Feb 27 ’24. Company shares held by the President & CEO now total 90,327.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Olin Corp pays an annual dividend of $0.80, resulting in a dividend yield of 1.90%, and it has a price to earnings (P/E) ratio of 34.13. OLN’s most recent ex-dividend date was 11/14/2024 when it declared a $0.20 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 8/8/2024. The OLN stock dividend was $0.20 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, OLN has a high of $60.60 and a low of $39.47.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. OLN’s latest balance sheet shows that the firm has $180.50M in Cash & Short Term Investments as of fiscal 2021. There were $3.16B in debt and $1.68B in liabilities at the time. Its Book Value Per Share was $17.64, while its Total Shareholder’s Equity was $2.65B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OLN is Buy with a score of 3.50.

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