Olin Corporation Stock Today

OLN Stock  USD 42.02  1.21  2.96%   

Performance

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Odds Of Distress

Less 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

  0.32WS Worthington SteelPairCorr

Olin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentKenneth Lane
Thematic IdeaChemicals (View all Themes)
Business ConcentrationCommodity Chemicals, Materials, Basic Materials, NYSE Composite, SP Midcap 400, Chemicals, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.140.8859
Significantly Up
Pretty Stable
Gross Profit Margin0.220.1706
Significantly Up
Pretty Stable
Net DebtB2.9 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.6 B1.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.1 B3.9 B
Sufficiently Up
Slightly volatile
Total Assets8.1 B7.7 B
Sufficiently Up
Slightly volatile
Total Current Assets1.1 BB
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB974.3 M
Sufficiently Up
Slightly volatile
Debt Levels
Olin 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.
Liquidity
Olin Corporation has 3.02 B in debt with debt to equity (D/E) ratio of 1.16, which is OK given its current industry classification. Olin has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Olin to invest in growth at high rates of return.

Other Cashflows From Financing Activities

104.18 Million
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 Allocation
Olin 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

InstituionRecorded OnShares
Citadel Advisors Llc2024-06-30
2.8 M
Geode Capital Management, Llc2024-06-30
M
Bank Of America Corp2024-06-30
1.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.6 M
Norges Bank2024-06-30
1.4 M
Bank Of New York Mellon Corp2024-06-30
1.4 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Allspring Global Investments Holdings, Llc2024-06-30
M
Northern Trust Corp2024-09-30
966.6 K
Blackrock Inc2024-06-30
11.7 M
Vanguard Group Inc2024-09-30
11.5 M
View Olin Diagnostics

Olin Historical Income Statement

At this time, Olin's Income Before Tax is very stable compared to the past year. As of the 21st of November 2024, Total Other Income Expense Net is likely to grow to about 542.2 M, while Operating Income is likely to drop about 40.8 M. View More Fundamentals

Olin Stock Against Markets

Olin Corporate Directors

William WeidemanLead Independent DirectorProfile
Beverley BabcockIndependent DirectorProfile
Matthew DarnallIndependent DirectorProfile
Earl ShippIndependent DirectorProfile
When determining whether Olin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Olin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Olin Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olin Corporation Stock:
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.