NYSE:OMNOMNOVA Solutions Stock Price, Forecast & News

OMNOVA Solutions' stock was trading at $10.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OMN shares have 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) released its quarterly earnings results on Wednesday, September, 26th. The specialty chemicals company reported $0.18 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.04. The specialty chemicals company had revenue of $193.60 million for the quarter, compared to analyst estimates of $198.48 million. OMNOVA Solutions had a negative net margin of 3.00% and a positive return on equity of 17.64%. The business's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.25 earnings per share. View OMNOVA Solutions' earnings history.

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

2 equities research analysts have issued 1-year price targets 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.

Media headlines about OMN stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. OMNOVA Solutions earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. 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), Balchem (BCPC), Quaker Chemical (KWR), PolyOne (POL), Stepan (SCL), Sensient Technologies (SXT) 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 institutional and retail 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]