Media headlines about OMNOVA Solutions (NYSE:OMN) have trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. OMNOVA Solutions earned a news impact score of 0.17 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 47.4261277020074 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of OMNOVA Solutions (NYSE:OMN) traded down $0.15 during trading on Friday, reaching $11.05. The company’s stock had a trading volume of 140,642 shares, compared to its average volume of 143,520. The company has a quick ratio of 1.71, a current ratio of 2.38 and a debt-to-equity ratio of 2.78. The stock has a market cap of $496.27, a PE ratio of 18.42, a P/E/G ratio of 1.80 and a beta of 2.22. OMNOVA Solutions has a 1-year low of $7.10 and a 1-year high of $11.60.
OMNOVA Solutions (NYSE:OMN) last announced its quarterly earnings results on Thursday, September 28th. The specialty chemicals company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.07. The business had revenue of $200.90 million for the quarter, compared to analysts’ expectations of $203.12 million. OMNOVA Solutions had a positive return on equity of 22.71% and a negative net margin of 0.78%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.14 EPS. sell-side analysts forecast that OMNOVA Solutions will post 0.62 earnings per share for the current year.
OMN has been the topic of a number of research reports. Jefferies Group LLC reissued a “buy” rating and set a $12.00 price objective on shares of OMNOVA Solutions in a report on Thursday, October 12th. BidaskClub cut OMNOVA Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. KeyCorp reissued a “hold” rating on shares of OMNOVA Solutions in a report on Friday, September 29th. Zacks Investment Research raised OMNOVA Solutions from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Finally, ValuEngine raised OMNOVA Solutions from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $11.67.
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OMNOVA Solutions Company Profile
OMNOVA Solutions Inc is a provider of emulsion polymers, specialty chemicals and engineered surfaces for commercial, industrial and residential end uses. The Company’s segments include Performance Chemicals and Engineered Surfaces. The Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based on styrene butadiene, styrene butadiene acrylonitrile, styrene butadiene vinyl pyridine, nitrile butadiene, polyvinyl acetate, acrylic, styrene acrylic, vinyl acrylic, glyoxal, fluorochemical and bio-based chemistries.
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