Olin (NYSE:OLN) Hits New 12-Month Low - What's Next?

Key Points

• Olin shares fell 16.5% to a new 52-week low, trading as low as $17.73 after closing at $22.17, amid concerns about the company’s weak quarterly results.
• Although adjusted EBITDA reached $191.3 million and adjusted earnings of $0.07 per share matched estimates, Olin posted a GAAP loss of $13.3 million and revenue of $1.74 billion, below the $1.81 billion consensus forecast.
• Analysts remain cautious: Olin has a consensus “Hold” rating and an average price target of $26.54, while recent target changes and downgrades reflect uncertainty over whether the quarterly loss was temporary or signals persistent weakness.

Olin Corporation (NYSE:OLN - Get Free Report) shares reached a new 52-week low on Saturday . The company traded as low as $17.73 and last traded at $18.5230, with a volume of 10113297 shares. The stock had previously closed at $22.17.

Olin News Roundup

Here are the key news stories impacting Olin this week:

• Positive Sentiment: Olin reported adjusted EBITDA of $191.3 million for the second quarter. Adjusted earnings were approximately $0.07 per share, matching the Zacks consensus estimate and improving from $0.05 a year earlier. Olin Matches Q2 Earnings Estimates
• Neutral Sentiment: Mizuho raised its price target for OLN from $23 to $24 while maintaining a Neutral rating. The higher target suggests potential recovery value, but the rating indicates limited conviction that the stock will outperform in the near term. Benzinga
• Negative Sentiment: Olin reported a GAAP net loss of $13.3 million, or $0.12 per share, compared with analyst expectations for earnings of $0.07 per share. Revenue of $1.74 billion also fell short of the $1.81 billion consensus estimate and declined 0.9% year over year. Olin Announces Second Quarter 2026 Results
• Negative Sentiment: The sharp gap between adjusted earnings and GAAP results suggests that charges or other unusual items materially affected the quarter. Investors are assessing how much of the loss reflects one-time items versus persistent weakness in Olin’s specialty chemicals businesses. Why Olin Corp Stock Dropped Today

Analyst Ratings Changes

A number of research firms have recently commented on OLN. UBS Group raised their price objective on shares of Olin from $29.00 to $31.00 and gave the stock a "neutral" rating in a report on Wednesday, May 13th. BMO Capital Markets lowered their target price on shares of Olin from $30.00 to $25.00 and set a "market perform" rating on the stock in a research note on Monday, July 6th. Zacks Research raised shares of Olin from a "strong sell" rating to a "hold" rating in a research report on Monday, April 13th. Bank of America cut shares of Olin from a "buy" rating to an "underperform" rating and cut their price target for the stock from $32.00 to $21.00 in a research note on Tuesday, June 30th. Finally, Mizuho lifted their price objective on Olin from $23.00 to $24.00 and gave the company a "neutral" rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $26.54.

Olin Trading Down 16.5%

The firm has a market cap of $2.11 billion, a P/E ratio of -15.06 and a beta of 1.21. The company has a current ratio of 1.36, a quick ratio of 0.82 and a debt-to-equity ratio of 1.73. The company's fifty day moving average price is $22.72 and its two-hundred day moving average price is $24.75.

Institutional Trading of Olin

Several large investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. increased its stake in shares of Olin by 115.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,231 shares of the specialty chemicals company's stock valued at $26,000 after buying an additional 659 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Olin during the 1st quarter worth about $32,000. Sunbelt Securities Inc. acquired a new position in Olin during the 1st quarter worth about $45,000. NewEdge Advisors LLC grew its holdings in Olin by 45.0% during the 3rd quarter. NewEdge Advisors LLC now owns 2,323 shares of the specialty chemicals company's stock worth $58,000 after acquiring an additional 721 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Olin by 34.0% during the 4th quarter. UMB Bank n.a. now owns 2,597 shares of the specialty chemicals company's stock worth $54,000 after acquiring an additional 659 shares during the last quarter. Institutional investors own 88.67% of the company's stock.

Olin Company Profile

Olin Corporation is a diversified manufacturer specializing in chemical products and ammunition. The company's core business activities encompass the production and distribution of chlor-alkali products, epoxy resins and derivatives, and small-caliber ammunition under the Winchester brand. Olin's chemical operations supply chlorine, caustic soda and related co-products to a wide range of end markets, including water treatment, pulp and paper, pharmaceuticals and general industrial applications.

In its Chlor Alkali Products & Vinyls segment, Olin operates multiple manufacturing facilities that produce chlorine and sodium hydroxide, along with vinyl chloride monomer and polyvinyl chloride (PVC) compounds.

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