NYSE:OMN - OMNOVA Solutions Stock Price, News, & Analysis

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$7.46 -0.06 (-0.80 %)
(As of 12/11/2018 04:00 PM ET)
Previous Close$7.52
Today's Range$7.44 - $7.77
52-Week Range$7.36 - $11.90
Volume97,807 shs
Average Volume127,478 shs
Market Capitalization$337.94 million
P/E Ratio13.32
Dividend YieldN/A
Beta2.27
OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The company operates in two segments, Specialty Solutions and Performance Materials. The Specialty Solutions segment designs, develops, produces, and markets specialty polymers which are used 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 Performance Chemicals segment produces resins, binders, antioxidants, hollow plastic pigments, coated fabrics, and rubber reinforcing products which are used 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fabricated rubber products, not elsewhere classified
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Current SymbolNYSE:OMN
Previous Symbol
CUSIP68212910
Phone216-682-7000

Debt

Debt-to-Equity Ratio6.77
Current Ratio2.07
Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio13.32
Forward P/E Ratio12.03
P/E Growth0.98

Sales & Book Value

Annual Sales$783.10 million
Price / Sales0.43
Cash Flow$1.1955 per share
Price / Cash Flow6.24
Book Value$0.85 per share
Price / Book8.78

Profitability

EPS (Most Recent Fiscal Year)$0.56
Net Income$-87,800,000.00
Net Margins-10.34%
Return on Equity56.32%
Return on Assets4.37%

Miscellaneous

Employees1,800
Outstanding Shares44,880,000
Market Cap$337.94 million
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 announced that its Board of Directors has initiated a stock buyback 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 shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were OMNOVA Solutions' earnings last quarter?

OMNOVA Solutions Inc. (NYSE:OMN) announced its quarterly earnings results on Wednesday, September, 26th. The specialty chemicals company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.04. The specialty chemicals company earned $193.60 million during the quarter, compared to analysts' expectations of $198.48 million. OMNOVA Solutions had a positive return on equity of 56.32% and a negative net margin of 10.34%. The company's quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS. View OMNOVA Solutions' Earnings History.

When is OMNOVA Solutions' next earnings date?

OMNOVA Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for OMNOVA Solutions.

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?

Media coverage about OMN stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. OMNOVA Solutions earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the specialty chemicals company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of OMNOVA Solutions' key competitors?

Who are OMNOVA Solutions' key executives?

OMNOVA Solutions' management team includes the folowing people:
  • Ms. Anne P. Noonan, CEO, Pres & Director (Age 55)
  • Mr. Paul F. DeSantis, CFO, Sr. VP & Treasurer (Age 53)
  • Mr. Marshall D. Moore, CTO & Sr. VP of Operations (Age 54)
  • Mr. James C. LeMay, Sr. VP of Corp. Devel. & Gen. Counsel (Age 61)
  • Mr. Donald B. McMillan, Chief Accounting Officer (Age 58)

Who are OMNOVA Solutions' major shareholders?

OMNOVA Solutions' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (10.56%), BlackRock Inc. (7.45%), Dimensional Fund Advisors LP (5.04%), Vanguard Group Inc. (4.67%), Renaissance Technologies LLC (3.87%) and Gamco Investors INC. ET AL (2.45%). Company insiders that own OMNOVA Solutions stock include Charles M Chrisman, Frank P Esposito, Jr, James C Lemay and Janet Plaut Giesselman. View Institutional Ownership Trends for OMNOVA Solutions.

Which major investors are selling OMNOVA Solutions stock?

OMN stock was sold by a variety of institutional investors in the last quarter, including Putnam Investments LLC, Renaissance Technologies LLC, Alambic Investment Management L.P., ClariVest Asset Management LLC, Nordea Investment Management AB, Macquarie Group Ltd., Tygh Capital Management Inc. and Credit Suisse AG. View Insider Buying and Selling for OMNOVA Solutions.

Which major investors are buying OMNOVA Solutions stock?

OMN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Marshall Wace LLP, Crestline Management LP, Gamco Investors INC. ET AL, JPMorgan Chase & Co., JPMorgan Chase & Co., First Trust Advisors LP and Algert Global LLC. View Insider Buying and Selling for OMNOVA Solutions.

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 $7.46.

How big of a company is OMNOVA Solutions?

OMNOVA Solutions has a market capitalization of $337.94 million and generates $783.10 million in revenue each year. The specialty chemicals company earns $-87,800,000.00 in net income (profit) each year or $0.56 on an earnings per share basis. OMNOVA Solutions employs 1,800 workers across the globe.

What is OMNOVA Solutions' official website?

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

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  425
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.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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