Olin Corporation with ticker code (OLN) have now 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 89 and 50 calculating the mean target price we have $70.14. Given that the stocks previous close was at $56.52 and the analysts are correct then there would likely be a percentage uptick in value of 24.1%. Also worth taking note is the 50 day moving average now sits at $56.69 while the 200 day moving average is $53.92. The market cap for the company is $7,312m. You can visit the company’s website by visiting: https://www.olin.com
The potential market cap would be $9,074m based on the market consensus.
Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents. The Epoxy segment provides Allylics, such as allyl chloride, epichlorohydrin, and glycerin; aromaticsluding acetone, bisphenol, cumene, and phenol; liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition productsluding shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
The company has a dividend yield of 1.42% with the ex dividend date set at 3-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.25, revenue per share of 64.71 and a 13.8% return on assets.
