NYSE:OMNOMNOVA Solutions Stock Price, Forecast & News

OMNOVA Solutions' stock was trading at $10.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, OMN stock has increased by 0.9% and is now trading at $10.14. View which stocks have been most impacted by Coronavirus.

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.

OMNOVA Solutions is scheduled to release its next quarterly earnings announcement on Wednesday, July 1st 2020. View our earnings forecast for OMNOVA Solutions.

OMNOVA Solutions Inc. (NYSE:OMN) announced its quarterly earnings results on Wednesday, September, 26th. The specialty chemicals company reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.04. The specialty chemicals company had revenue of $193.60 million for the quarter, compared to the consensus estimate of $198.48 million. OMNOVA Solutions had a positive return on equity of 17.64% and a negative net margin of 3.00%. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.25 earnings per share. View OMNOVA Solutions' earnings history.

OMNOVA Solutions declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, September 26th 2018, which authorizes the company to repurchase $20,000,000.00 in outstanding 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 plans are typically an indication that the company's management believes its stock is undervalued.

2 analysts have issued 12-month price objectives for OMNOVA Solutions' shares. Their forecasts range from $9.91 to $10.00. On average, they expect OMNOVA Solutions' stock price to reach $9.96 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View analysts' price targets for OMNOVA Solutions.

News stories about OMN stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. OMNOVA Solutions earned a news impact score of 0.8 on InfoTrie's scale. They also gave news coverage about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutOMNOVA Solutions.

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

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), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), McDermott International (MDR), Primo Water (PRMW) and Ring Energy (REI).

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

OMNOVA Solutions' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.98%), Syquant Capital Sas (1.62%), SG Americas Securities LLC (0.25%) and Havens Advisors LLC (0.05%). 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 BlackRock Inc.. View insider buying and selling activity for OMNOVA Solutions.

OMN stock was purchased by a variety of institutional investors in the last quarter, including Syquant Capital Sas, SG Americas Securities LLC, and Havens Advisors LLC. View insider buying and selling activity 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 $10.14.

OMNOVA Solutions has a market capitalization of $454.82 million and generates $736.20 million in revenue each year. The specialty chemicals company earns $-22,400,000.00 in net income (profit) each year or $0.33 on an earnings per share basis. OMNOVA Solutions employs 1,850 workers across the globe.

The official website for OMNOVA Solutions is 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]