OMNOVA Solutions Stock Price, News & Analysis (NYSE:OMN)

OMNOVA Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMN."

OMNOVA Solutions declared that its Board of Directors has approved a stock buyback program on Wednesday, September 26th 2018, which authorizes the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

OMNOVA Solutions Inc. (NYSE:OMN) posted its quarterly earnings data on Thursday, September, 26th. The specialty chemicals company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.07. OMNOVA Solutions had a net margin of 1.08% and a return on equity of 18.20%. View OMNOVA Solutions' Earnings History.

OMNOVA Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for OMNOVA Solutions.

2 equities research analysts have issued twelve-month price targets for OMNOVA Solutions' stock. Their predictions range from $9.91 to $10.00. On average, they anticipate OMNOVA Solutions' stock price to reach $9.96 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for OMNOVA Solutions.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OMNOVA Solutions in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OMNOVA Solutions.

Media headlines about OMN stock have trended somewhat negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. OMNOVA Solutions earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for OMNOVA Solutions.

OMNOVA Solutions saw a drop in short interest in September. As of September 30th, there was short interest totalling 326,500 shares, a drop of 21.2% from the August 30th total of 414,500 shares. Based on an average trading volume of 503,200 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.7% of the shares of the company are sold short. View OMNOVA Solutions' Current Options Chain.

Some companies that are related to OMNOVA Solutions include Ecolab (ECL), Sherwin-Williams (SHW), Celanese (CE), International Flavors & Fragrances (IFF), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), Sensient Technologies (SXT), PolyOne (POL), HB Fuller (FUL) and Innospec (IOSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other OMNOVA Solutions investors own include Callon Petroleum (CPE), Range Resources (RRC), Coeur Mining (CDE), Zynga (ZNGA), Fairmount Santrol (FMSA), Alerian MLP ETF (AMLP), Direxion Daily Gold Miners Bull 3x Shares (NUGT), ProShares Ultra VIX Short-Term Futures ETF (UVXY), Array Biopharma (ARRY) and A Schulman (SHLM).

OMNOVA Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include Syquant Capital Sas (0.95%) and Strs Ohio (0.12%). Company insiders that own OMNOVA Solutions stock include Charles M Chrisman and Frank P Esposito, Jr. View Institutional Ownership Trends for OMNOVA Solutions.

OMN stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. View Insider Buying and Selling for OMNOVA Solutions.

OMN stock was purchased by a variety of institutional investors in the last quarter, including Syquant Capital Sas. View Insider Buying and Selling for OMNOVA Solutions.

Shares of OMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OMN stock can currently be purchased for approximately $10.09.

OMNOVA Solutions has a market capitalization of $452.57 million and generates $769.80 million in revenue each year. The specialty chemicals company earns $20.70 million in net income (profit) each year or $0.63 on an earnings per share basis. OMNOVA Solutions employs 1,900 workers across the globe.View Additional Information About OMNOVA Solutions.

The official website for OMNOVA Solutions is http://www.omnova.com/.

OMNOVA Solutions' mailing address is 25435 HARVARD RD, BEACHWOOD OH, 44122. The specialty chemicals company can be reached via phone at 216-682-7000 or via email at [email protected]