The chemicals and materials sector can be tough to crack, but Olin looks like it's setting up for a solid run. Despite a recent dip in their share price, they've been generating strong operating cash flow and are making moves to reduce debt and repurchase shares. This indicates they're focused on returning value to shareholders, which is a great sign. Their Winchester ammunition business is also a key growth driver, with strong demand in the defense sector bolstering their performance. While some analysts are still holding a neutral stance, the recent bullish insider buys suggest that those closest to the company see a lot of upside. It looks like a value play with a lot of potential, and so I'm buying in.
Olin
OLN
NYSE
IPO1972
about OLN
Olin is a global manufacturer of chemical products, including chlorine, caustic soda, and epoxy resins, and also a leading U.S. manufacturer of ammunition under its iconic Winchester brand.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $24.21 | $25.72 | $24.10 | $2.76B | 3.09M |
eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
-$0.01 | 134.26 | 1.67 | 2.01% | -0.16% | 3.14% |