Profile
Sector:
Basic MaterialsIndustry:
ChemicalsCountry:
United StatesIPO:
30 December 1987Website:
http://www.olin.comNext earnings report:
24 January 2025Last dividends:
08 August 2024Next dividends:
14 November 2024Price
after hours | Tue, 12 Nov 2024 23:04:18 GMTAnalysts recommendations
Institutional Ownership
OLN Latest News
The top line of OLN's chemical businesses in Q3 decrease due to Hurricane Beryl-related sales losses.
Olin Corp.'s strong business model, bolstered by U.S. Army contracts and decades of chemical industry know-how, suggests significant revenue growth potential through 2030. Derivative strategies, cost-cutting in the epoxy segment, and increased participation in small caliber ammunition markets are expected to drive net income growth. Despite risks from debt, goodwill impairments, and transportation issues, OLN's financial performance and free cash flow growth indicate a target price of $136.
Olin Corporation has underperformed, with my stake down over 20%, but I still see long-term potential despite short-term challenges. 3Q24 results were impacted by Hurricane Beryl and weak Chlor Alkali and Epoxy markets, but lower operating costs and military ammo sales offer some positives. Olin's valuation suggests a conservative "Buy" for the long-term, but better short-term investment options exist; waiting until post-4Q24 for clearer recovery signs is advisable.
While the top- and bottom-line numbers for Olin (OLN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Olin Corporation (NYSE:OLN ) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Steve Keenan - Director of IR Ken Lane - President and CEO Todd Slater - CFO Conference Call Participants Duffy Fischer - Goldman Sachs Hassan Ahmed - Alembic Global Arun Viswanathan - RBC Capital Markets Jeff Zekauskas - JP Morgan Aleksey Yefremov - KeyBanc Josh Spector - UBS Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Steve Byrne - Bank of America Mike Leithead - Barclays Bhavesh Lodaya - BMO Capital Markets John Roberts - Mizuho David Begleiter - Deutsche Bank Mike Sison - Wells Fargo Frank Mitsch - Fermium Research Operator Good morning. And welcome to Olin Corporation's Third Quarter 2024 Earnings Conference Call.
Get a deeper insight into the potential performance of Olin (OLN) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CLAYTON, Mo. , Sept. 30, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced today that on Friday, October 25, 2024, at 9:00 a.m.
CLAYTON, Mo. , Aug. 28, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN), a leading global manufacturer of chemical products and ammunition, announced today that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024.
CLAYTON, Mo. , Aug. 2, 2024 /PRNewswire/ -- Olin Corporation (NYSE: OLN), a leading global manufacturer of chemical products and ammunition, announced today it will host an Investor Day in New York City on Thursday, December 12, 2024.
Olin Corporation [OLN] Q2 2024 Earnings Conference Call July 26, 2024 9:00 AM ET Company Participants Ken Lane - CEO Todd Slater - CFO Steve Keenan - Director, IR Conference Call Participants Jeff Zekauskas - J.P. Morgan Hassan Ahmed - Alembic Global Steve Byrne - Bank of America Duffy Fischer - Goldman Sachs Aleksey Yefremov - KeyBanc David Begleiter - Deutsche Bank Patrick Cunningham - Citi Kevin McCarthy - Vertical Research Matthew Blair - TPH Arun Viswanathan - RBC Capital Markets Mike Sison - Wells Fargo Michael Leithead - Barclays Josh Spector - UBS Frank Mitsch - Fermium Research Vincent Andrews - Morgan Stanley Operator Good morning, and welcome to Olin Corporation's Second Quarter 2024 Earnings Conference Call.
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What type of business is Olin?
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; aromatics, including acetone, bisphenol, cumene, and phenol; liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition products, including 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, gun clubs, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
What sector is Olin in?
Olin is in the Basic Materials sector
What industry is Olin in?
Olin is in the Chemicals industry
What country is Olin from?
Olin is headquartered in United States
When did Olin go public?
Olin initial public offering (IPO) was on 30 December 1987
What is Olin website?
https://www.olin.com
Is Olin in the S&P 500?
No, Olin is not included in the S&P 500 index
Is Olin in the NASDAQ 100?
No, Olin is not included in the NASDAQ 100 index
Is Olin in the Dow Jones?
No, Olin is not included in the Dow Jones index
When was Olin the previous earnings report?
No data
When does Olin earnings report?
The next expected earnings date for Olin is 24 January 2025