Olin (NYSE:OLN) Hits New 12-Month Low – What’s Next?

Shares of Olin Corporation (NYSE:OLN) hit a new 52-week low during mid-day trading on Saturday . The company traded as low as $17.73 and last traded at $18.5230, with a volume of 10113297 shares. The stock had previously closed at $22.17.

Olin News Summary

Here are the key news stories impacting Olin this week:

• Positive Sentiment: Olin reported adjusted EBITDA of $191.3 million for the second quarter. Adjusted earnings were approximately $0.07 per share, matching the Zacks consensus estimate and improving from $0.05 a year earlier. Olin Matches Q2 Earnings Estimates
• Neutral Sentiment: Mizuho raised its price target for OLN from $23 to $24 while maintaining a Neutral rating. The higher target suggests potential recovery value, but the rating indicates limited conviction that the stock will outperform in the near term. Benzinga
• Negative Sentiment: Olin reported a GAAP net loss of $13.3 million, or $0.12 per share, compared with analyst expectations for earnings of $0.07 per share. Revenue of $1.74 billion also fell short of the $1.81 billion consensus estimate and declined 0.9% year over year. Olin Announces Second Quarter 2026 Results
• Negative Sentiment: The sharp gap between adjusted earnings and GAAP results suggests that charges or other unusual items materially affected the quarter. Investors are assessing how much of the loss reflects one-time items versus persistent weakness in Olin’s specialty chemicals businesses. Why Olin Corp Stock Dropped Today

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Royal Bank Of Canada set a $30.00 price target on shares of Olin and gave the company a “sector perform” rating in a report on Friday, April 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Olin in a research report on Friday, May 22nd. BMO Capital Markets lowered their target price on Olin from $30.00 to $25.00 and set a “market perform” rating for the company in a research note on Monday, July 6th. Wells Fargo & Company reissued an “overweight” rating and issued a $37.00 target price on shares of Olin in a research note on Sunday, May 10th. Finally, Mizuho boosted their target price on Olin from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $26.54.

Olin Price Performance

The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.82 and a current ratio of 1.36. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of -15.06 and a beta of 1.21. The company has a 50-day moving average price of $22.72 and a 200-day moving average price of $24.75.

Institutional Trading of Olin

Several hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its holdings in shares of Olin by 20.2% during the 1st quarter. Royal Bank of Canada now owns 85,198 shares of the specialty chemicals company’s stock valued at $2,066,000 after purchasing an additional 14,344 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Olin in the 1st quarter valued at approximately $32,000. Jones Financial Companies Lllp increased its stake in Olin by 467.9% during the 1st quarter. Jones Financial Companies Lllp now owns 13,805 shares of the specialty chemicals company’s stock worth $335,000 after purchasing an additional 11,374 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Olin by 57.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 588,602 shares of the specialty chemicals company’s stock worth $14,268,000 after buying an additional 215,235 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Olin by 6.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 317,472 shares of the specialty chemicals company’s stock valued at $7,696,000 after buying an additional 20,047 shares in the last quarter. Institutional investors and hedge funds own 88.67% of the company’s stock.

Olin Company Profile

Olin Corporation is a diversified manufacturer specializing in chemical products and ammunition. The company’s core business activities encompass the production and distribution of chlor-alkali products, epoxy resins and derivatives, and small-caliber ammunition under the Winchester brand. Olin’s chemical operations supply chlorine, caustic soda and related co-products to a wide range of end markets, including water treatment, pulp and paper, pharmaceuticals and general industrial applications.

In its Chlor Alkali Products & Vinyls segment, Olin operates multiple manufacturing facilities that produce chlorine and sodium hydroxide, along with vinyl chloride monomer and polyvinyl chloride (PVC) compounds.