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In a challenging market environment, Olin Corporation (NYSE: NYSE:OLN) stock has touched a 52-week low, dipping to $26.45. According to InvestingPro analysis, the company appears undervalued at current levels, while management has been actively buying back shares to support stockholder value. The chemical company, known for its manufacturing of chlorine and sodium hydroxide, has faced significant headwinds over the past year, reflected in a stark 1-year change with a decrease of 49.44%. Despite these challenges, the company maintains a solid 2.98% dividend yield and has remarkably sustained dividend payments for 52 consecutive years. Investors are closely monitoring the stock as it navigates through the volatile market conditions that have pressured the industry and influenced Olin’s stock trajectory to its current low point. For deeper insights into Olin’s valuation and 12+ additional exclusive ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Olin Corporation reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.09 against a forecast of $0.0015, while revenue reached $1.67 billion compared to the expected $1.56 billion. Despite these positive results, the company faces several challenges, as highlighted by recent analyst actions. BMO Capital Markets adjusted its outlook on Olin, cutting the stock price target from $44.00 to $34.00, citing near-term earnings challenges due to seasonal fluctuations and soft consumer spending. RBC Capital Markets also downgraded Olin’s stock from Outperform to Sector Perform, reducing the price target to $30, pointing to delayed demand recovery and tariff pressures impacting earnings.
KeyBanc Capital Markets maintained an Overweight rating on Olin but lowered the price target from $50.00 to $40.00, following Olin’s guidance indicating weaker-than-expected financial performance for the first quarter of 2025. The company’s first-quarter guidance suggested a significant downward revision in 2025 forecasts, with flat EBITDA anticipated for the year. Despite these revisions, Olin continues to generate robust free cash flow, supporting substantial stock buybacks. In addition, Olin announced its 393rd consecutive quarterly dividend, underscoring its commitment to returning value to shareholders. These developments paint a complex picture for investors, with strong past performance but cautious future outlooks from analysts.
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