
Olin (OLN) Stock Forecast & Price Target
Olin (OLN) Analyst Ratings
Bulls say
Olin Corporation reported a year-over-year sales increase of 8% in the third quarter, totaling $1.71 billion, with notable performance in its Epoxy segment, which grew by 23%. The company anticipates potential improvements in average caustic soda prices due to tighter supply and stable demand, indicating positive market conditions ahead. Additionally, Olin's commitment to enhancing operational efficiency is underscored by its raised run-rate savings target to $70 million-$90 million, signaling a proactive approach to cost management and positioning for future profitability.
Bears say
Olin Corporation is facing significant headwinds due to a planned inventory reduction expected to decrease earnings by approximately $40 million in the fourth quarter while providing only a modest working capital benefit. The company has experienced a 24% year-over-year decline in commercial Winchester sales, attributed to elevated inventory levels among retail customers and persistently weak consumer demand. Additionally, risks related to potential declines in industrial end markets for caustic soda, compounded by the possibility of a prolonged recession in Europe, further threaten the company's profitability across its various segments.
This aggregate rating is based on analysts' research of Olin and is not a guaranteed prediction by Public.com or investment advice.
Olin (OLN) Analyst Forecast & Price Prediction
Start investing in Olin (OLN)
Order type
Buy in
Order amount
Est. shares
0 shares