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 declared that its Board of Directors has initiated a stock repurchase program 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 programs are typically an indication that the company's leadership believes its stock is undervalued.

OMNOVA Solutions Inc. (NYSE:OMN) released its quarterly earnings data on Thursday, September, 26th. The specialty chemicals company reported $0.15 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.07. OMNOVA Solutions had a net margin of 1.08% and a return on equity of 18.20%. View OMNOVA Solutions' Earnings History.

OMNOVA Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for OMNOVA Solutions.

2 brokerages have issued 12 month price targets for OMNOVA Solutions' shares. Their forecasts range from $9.91 to $10.00. On average, they anticipate OMNOVA Solutions' share price to reach $9.96 in the next year. This suggests that the stock has a possible downside of 1.4%. 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.

Media stories about OMN stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing 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 five, with scores closest to five being the most favorable. OMNOVA Solutions earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the specialty chemicals company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for OMNOVA Solutions.

OMNOVA Solutions saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 326,500 shares, a decrease 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 company are short sold. View OMNOVA Solutions' Current Options Chain.

Some companies that are related to OMNOVA Solutions include SSR Mining (SSRM), Osisko gold royalties (OR), TOKUYAMA CORP/ADR (TKYMY), St Barbara (SBM), Lynas (LYC), ALACERGOLD/IDR UNRESTR (AQG), Trinseo (TSE), Lundin Gold (LUG), Iamgold (IAG), Eldorado Gold (ELD), Centamin (CELTF), Alacer Gold (ASR), Grupo Simec SAB de CV (SIM), MEG Energy (MEG) and Ausdrill (ASL).

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).

OMNOVA Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include Syquant Capital Sas (0.95%). 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 purchased by a variety of institutional investors in the last quarter, including Syquant Capital Sas. View Insider Buying and Selling 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 $10.10.

OMNOVA Solutions has a market capitalization of $452.99 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]