Olin Corporation Stock Today
OLN Stock | USD 42.02 1.21 2.96% |
Performance0 of 100
| Odds Of DistressLess than 3
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Olin is selling at 42.02 as of the 21st of November 2024; that is 2.96% increase since the beginning of the trading day. The stock's open price was 40.81. Olin has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Olin Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 30th of December 1987 | Category Basic Materials |
Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri. Olin Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 116.6 M outstanding shares of which 2.17 M shares are now shorted by investors with about 1.65 days to cover. More on Olin Corporation
Moving against Olin Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 23rd of January 2025
Olin Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
CEO President | Kenneth Lane | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Chemicals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Commodity Chemicals, Materials, Basic Materials, NYSE Composite, SP Midcap 400, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsOlin can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Olin's financial leverage. It provides some insight into what part of Olin's total assets is financed by creditors.
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Olin Corporation (OLN) is traded on New York Stock Exchange in USA. It is located in 190 Carondelet Plaza, Clayton, MO, United States, 63105 and employs 7,326 people. Olin is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.76 B. Olin runs under Chemicals sector within Materials industry. The entity has 116.6 M outstanding shares of which 2.17 M shares are now shorted by investors with about 1.65 days to cover.
Olin Corporation has about 194 M in cash with 974.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.2.
Check Olin Probability Of Bankruptcy
Ownership AllocationOlin owns a total of 116.6 Million outstanding shares. The majority of Olin Corporation outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Olin to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Olin. Please pay attention to any change in the institutional holdings of Olin as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Olin Ownership Details
Olin Stock Institutional Holders
Instituion | Recorded On | Shares | |
Citadel Advisors Llc | 2024-06-30 | 2.8 M | |
Geode Capital Management, Llc | 2024-06-30 | 2 M | |
Bank Of America Corp | 2024-06-30 | 1.8 M | |
Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.6 M | |
Norges Bank | 2024-06-30 | 1.4 M | |
Bank Of New York Mellon Corp | 2024-06-30 | 1.4 M | |
Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | |
Allspring Global Investments Holdings, Llc | 2024-06-30 | 1 M | |
Northern Trust Corp | 2024-09-30 | 966.6 K | |
Blackrock Inc | 2024-06-30 | 11.7 M | |
Vanguard Group Inc | 2024-09-30 | 11.5 M |
Olin Historical Income Statement
Olin Stock Against Markets
Olin Corporate Directors
William Weideman | Lead Independent Director | Profile | |
Beverley Babcock | Independent Director | Profile | |
Matthew Darnall | Independent Director | Profile | |
Earl Shipp | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olin. If investors know Olin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 0.8 | Earnings Share 1.26 | Revenue Per Share 54.448 | Quarterly Revenue Growth (0.05) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olin's market value can be influenced by many factors that don't directly affect Olin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.