OMNOVA Solutions Inc. (NYSE:OMN) – Equities research analysts at KeyCorp issued their Q1 2018 earnings per share estimates for OMNOVA Solutions in a report released on Tuesday. KeyCorp analyst M. Sison expects that the specialty chemicals company will post earnings of $0.13 per share for the quarter. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for OMNOVA Solutions’ Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.18 EPS and Q4 2018 earnings at $0.17 EPS.

OMN has been the subject of several other reports. Zacks Investment Research lowered shares of OMNOVA Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. ValuEngine lowered shares of OMNOVA Solutions from a “buy” rating to a “hold” rating in a research note on Thursday, November 30th. Finally, Jefferies Group reiterated a “buy” rating and issued a $12.00 price target on shares of OMNOVA Solutions in a research note on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $11.67.

OMNOVA Solutions (NYSE OMN) opened at $10.70 on Thursday. The company has a debt-to-equity ratio of 2.78, a current ratio of 2.38 and a quick ratio of 1.71. OMNOVA Solutions has a 1-year low of $8.10 and a 1-year high of $11.60. The company has a market cap of $478.31, a price-to-earnings ratio of -82.31, a price-to-earnings-growth ratio of 1.54 and a beta of 2.17.

Several institutional investors have recently modified their holdings of the stock. Algert Global LLC increased its stake in shares of OMNOVA Solutions by 16.2% in the 3rd quarter. Algert Global LLC now owns 88,971 shares of the specialty chemicals company’s stock worth $974,000 after acquiring an additional 12,408 shares in the last quarter. Royce & Associates LP bought a new position in shares of OMNOVA Solutions in the 3rd quarter worth about $274,000. Synovus Financial Corp increased its stake in shares of OMNOVA Solutions by 4.6% in the 3rd quarter. Synovus Financial Corp now owns 151,927 shares of the specialty chemicals company’s stock worth $1,664,000 after acquiring an additional 6,749 shares in the last quarter. OxFORD Asset Management LLP increased its stake in shares of OMNOVA Solutions by 7.0% in the 3rd quarter. OxFORD Asset Management LLP now owns 165,569 shares of the specialty chemicals company’s stock worth $1,794,000 after acquiring an additional 10,896 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its stake in shares of OMNOVA Solutions by 2.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 337,769 shares of the specialty chemicals company’s stock worth $3,699,000 after acquiring an additional 8,235 shares in the last quarter. Institutional investors own 88.89% of the company’s stock.

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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.

Earnings History and Estimates for OMNOVA Solutions (NYSE:OMN)

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