OMNOVA Solutions Inc. provides specialty solutions and performance materials for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. Its Specialty Solutions segment designs, develops, produces, and markets specialty products for use in various applications, such as architectural and industrial coatings; nonwovens used in hygiene products, filtration, and construction; drilling additives for oil and gas drilling, cementing, and fracking; elastomeric modification of plastic casings and hoses used in household, industrial products, and automobiles; tapes and adhesives; sports surfaces; textile finishes; commercial building refurbishment; new construction; residential cabinets; flooring; ceiling tiles; furnishings; manufactured housing; health care patient; common area furniture; and various industrial films applications. This segment primarily sells its products directly to manufacturers. The company's Performance Materials segment produces latexes, resins, binders, antioxidants, hollow plastic pigment, coated fabrics, and rubber reinforcing products for use in tire cord, polymer stabilization, industrial rubber, carpet, paper, and various other applications. This segment distributes its products primarily through a direct sales force and agents to manufacturers of retail store fixtures, cabinets, furniture, seating, health care components, and other products. OMNOVA Solutions Inc. was founded in 1999 and is headquartered in Beachwood, Ohio.
Industry, Sector and Symbol
Industry Fabricated rubber products, not elsewhere classified
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Phone216-682-7000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$769.80 million
Profitability
Miscellaneous
Employees1,900
Next Earnings Date6/27/2019 (Estimated)
OptionableOptionable
OMNOVA Solutions (NYSE:OMN) Frequently Asked Questions
What is OMNOVA Solutions' stock symbol?
OMNOVA Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "OMN."
How will OMNOVA Solutions' stock buyback program work?
OMNOVA Solutions declared that its board has authorized a stock repurchase program on Wednesday, September 26th 2018, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.
How were OMNOVA Solutions' earnings last quarter?
OMNOVA Solutions Inc. (NYSE:OMN) posted its quarterly earnings data on Wednesday, March, 27th. The specialty chemicals company reported ($0.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.12. The specialty chemicals company earned $168.90 million during the quarter, compared to the consensus estimate of $185 million. OMNOVA Solutions had a return on equity of 41.90% and a net margin of 1.16%. The business's revenue for the quarter was down 5.5% on a year-over-year basis. During the same period last year, the company posted $0.09 earnings per share. View OMNOVA Solutions' Earnings History.
When is OMNOVA Solutions' next earnings date?
What is the consensus analysts' recommendation for OMNOVA Solutions?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OMNOVA Solutions in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for OMNOVA Solutions.
Has OMNOVA Solutions been receiving favorable news coverage?
Press coverage about OMN stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. OMNOVA Solutions earned a news impact score of 0.7 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the near term.
Who are some of OMNOVA Solutions' key competitors?
Some companies that are related to OMNOVA Solutions include Sandstorm Gold (SSL), U.S. Silica (SLCA), Orion Engineered Carbons (OEC), Hochschild Mining (HCHDF), Mullen Group (MTL), Semafo (SMF), Gran Tierra Energy (GTE), Materion (MTRN), Pilbara Minerals (PLS), Mount Gibson Iron (MGX), First Majestic Silver (AG), Centamin (CELTF), KMG Chemicals (KMG), Equitable Group (EQB) and Ausdrill (ASL).
What other stocks do shareholders of OMNOVA Solutions own?
Who are OMNOVA Solutions' key executives?
OMNOVA Solutions' management team includes the folowing people:
- Ms. Anne P. Noonan, CEO, Pres & Director (Age 56)
- Mr. Paul F. DeSantis, CFO, Sr. VP & Treasurer (Age 54)
- Mr. Marshall D. Moore, CTO & Sr. VP of Operations (Age 55)
- Mr. James C. LeMay, Sr. VP of Corp. Devel. & Gen. Counsel (Age 62)
- Mr. Michael A. Quinn, Chief HR Officer & Sr. VP (Age 55)
Who are OMNOVA Solutions' major shareholders?
OMNOVA Solutions' stock is owned by a variety of of retail and institutional investors. Top institutional investors include We Are One Seven LLC (0.04%). Company insiders that own OMNOVA Solutions stock include Charles M Chrisman, Frank P Esposito, Jr and Janet Plaut Giesselman. View Institutional Ownership Trends for OMNOVA Solutions.
Which institutional investors are selling OMNOVA Solutions stock?
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is OMNOVA Solutions' stock price today?
One share of OMN stock can currently be purchased for approximately $7.56.
How big of a company is OMNOVA Solutions?
OMNOVA Solutions has a market capitalization of $339.07 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.
What is OMNOVA Solutions' official website?
How can I contact OMNOVA Solutions?
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]
MarketBeat Community Rating for OMNOVA Solutions (NYSE OMN)
MarketBeat's community ratings are surveys of what our community members think about OMNOVA Solutions and other stocks. Vote "Outperform" if you believe OMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
