OMN stock: buy or sell?
September 20th, 2019
OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia.
Should I buy OMN stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, OMNOVA Solutions stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is OMNOVA Solutions stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 2 ratings published for OMN stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
OMN stock analysis
OMNOVA Solutions closed yesterday at $10.08 and stayed steady a neutral 0.20%.
OMNOVA Solutions shares stayed stable 0.20% to $10.08 yesterday. For the last 30 days when SMA100d and SMA200d crossed up, OMN price gained $0.01 per share (0.10%). Since July when OMN stock price broke up the SMA200d line, it gained $3.66 (57.01%).
Shares of OMNOVA Solutions ended this week at $10.08 and remained constant a tight 0.00%. Counting this, it's been 3 climbing weeks in a row, soaring a 0.30%.
Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $10.04 resistance. Since mid August when SMA20w and SMA40w crossed up, OMN price gained $0.01 per share (0.10%). Since early July when OMN stock price broke up the SMA40w line, it gained $3.85 (61.80%).
OMN stock price history
OMN stock went public on September 28th, 1999 with a price of $9.041. Since then, OMN stock surged a 11.50%, with a yearly average of 0.60%. If you had invested $1,000 in OMN stock in 1999, it would worth $115.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OMN stock historical price chart
OMN stock reached 52-week highs at $10.70, and all-time highs 2018-04-18 with a price of 11.9.
OMN stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' OMN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price target for OMNOVA Solutions stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareOMNOVA Solutions failed experts on March when it reported an Earnings per Share (EPS) of $-0.06 when the analysts' forecast was $0.07.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an unpleasant correction of -1.70% to $769.80 million dollars. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) climbed a 13.90% to 2.69%. OMNOVA Solutions presents anual results in November, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, OMNOVA Solutions TTM sales up to February 2019 were $760.10 and earnings $8.90 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem OMNOVA Solutions business evolution since November 2018: Annual turnover up to February, compared to lastest yearly report, declined a disappointing -1.26%. In contrast, profit margin (net income/revenues) depreciated at 2.69%.
|2013||$1,020 M||-||$21 M2.0%||-|
|2014||$987 M||-3.20%||$12 M1.2%||-43.90%|
|2015||$838 M||-15.13%||$-17.80 M-2.1%||-254.78%|
|2016||$760 M||-9.32%||$-0.40 M-0.1%||-97.75%|
|2017||$783 M||3.05%||$-87.80 M-11.2%||21,850.00%|
|2018||$770 M||-1.70%||$21 M2.7%||-123.58%|
|TTM||$760 M||-1.26%||$8.90 M1.2%||-57.00%|
Quarterly financial resultsOMNOVA Solutions reported $168.90 M in sales for 2019-Q1, a -11.71% decline compared to previous quarter. Reported quarter earnings marked $-4.60 M with a profit margin of -2.72%. Profit margin dropped a -6.38% compared to previous quarter when profit margin was 3.66%. When comparing turnover to same quarter last year, OMNOVA Solutions sales marked a fatal slide and slipped a -5.48%. Looking back to recent quarterly results, OMNOVA Solutions posted 3 positive quarters in a row.
|2017-Q2||$221 M||-||$-6.30 M-2.8%||-|
|2017-Q3||$201 M||-9.22%||$7.90 M3.9%||-225.40%|
|2017-Q4||$186 M||-7.27%||$-92.90 M-49.9%||-1,275.95%|
|2018-Q1||$179 M||-4.08%||$7.30 M4.1%||-107.86%|
|2018-Q2||$206 M||15.44%||$8.40 M4.1%||15.07%|
|2018-Q3||$194 M||-6.16%||$-1.90 M-1.0%||-122.62%|
|2018-Q4||$191 M||-1.19%||$7.00 M3.7%||-468.42%|
|2019-Q1||$169 M||-11.71%||$-4.60 M-2.7%||-165.71%|
OMNOVA Solutions ownershipWhen you are planning to invest in shares of a company, it's always worth to have a look its ownership structure.
OMNOVA Solutions shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.17% of all shares.
Bearish positions for OMN stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to OMNOVA Solutions:
|Market cap||$452.1 M||$15.2 B||$975.0 M||$11.8 B||$2.4 B|
|Total shares||44.9 M||123.7 M||81.9 M||289.5 M||76.9 M|
|Float shares||44.4 M||122.9 M||80.9 M||287.2 M||76.0 M|
|- Institutional holdings (%)||101.3%||105.7%||101.5%||95.4%||95.7%|
|- Insider holdings (%)||3.2%||0.6%||1.3%||0.6%||1.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$10.07 - $10.10|
|Average true range||$0.02|
|50d mov avg||$10.03|
|100d mov avg||$8.39|
|200d mov avg||$8.05|
OMNOVA Solutions performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For OMNOVA Solutions, the benchmark is made against Celanese, Ferro, Masco, PolyOne, PPG Industries, RPM International and Trinseo.