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 announced that its Board of Directors has approved a stock buyback plan on Wednesday, September 26th 2018, which permits the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

OMNOVA Solutions Inc. (NYSE:OMN) announced its earnings results on Thursday, September, 26th. The specialty chemicals company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.07. OMNOVA Solutions had a return on equity of 18.20% and a net margin of 1.08%. View OMNOVA Solutions' Earnings History.

OMNOVA Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, October 16th 2019. View Earnings Estimates for OMNOVA Solutions.

2 analysts have issued 12-month price targets for OMNOVA Solutions' shares. Their predictions 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 1.5%. 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.

News articles about OMN stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. OMNOVA Solutions earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news coverage 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 impact on the stock's share price in the next few days. View News Stories for OMNOVA Solutions.

OMNOVA Solutions saw a drop in short interest during the month of 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 daily trading volume, of 503,200 shares, the short-interest ratio is presently 0.6 days. Currently, 0.7% of the shares of the stock are sold short. View OMNOVA Solutions' Current Options Chain.

Some companies that are related to OMNOVA Solutions include Minerals Technologies (MTX), SSR Mining (SSRM), Osisko gold royalties (OR), United States Steel (X), Equitable Group (EQB), Lundin Gold (LUG), Nexa Resources (NEXA), Trinseo (TSE), Centamin (CELTF), Iamgold (IAG), Alacer Gold (ASR), TOKUYAMA CORP/ADR (TKYMY), Grupo Simec SAB de CV (SIM), MEG Energy (MEG) and Labrador Iron Ore Royalty (LIF).

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).

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 $10.11.

OMNOVA Solutions has a market capitalization of $453.43 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]