OMN stock: buy or sell?

OMN stock price: $10.08 0.20% At close on September 20th, 2019

Updated on:
September 20th, 2019

0

OMNOVA Solutions closed yesterday at $10.08 and stayed steady a neutral 0.20%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is OMN a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-5Deutsche BankBuyHold
2019-7-3SidotiBuyNeutral

OMN stock analysis

Daily outlook

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%).

OMN stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Nobody 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 Share

OMNOVA Solutions failed experts on March when it reported an Earnings per Share (EPS) of $-0.06 when the analysts' forecast was $0.07.
OMN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.1n/a
2017-Q3-n/a0.19n/a
2017-Q42018-03-280.060.0950.0%
2018-Q12018-03-280.070.0928.6%
2018-Q22018-06-280.190.25.3%
2018-Q32018-09-260.220.18-18.2%
2018-Q42019-01-310.190.17-10.5%
2019-Q12019-03-270.07-0.06n/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

OMN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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$783 M3.05%$-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 results

OMNOVA 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.
OMN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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 M15.44%$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 ownership

When 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:

OMNCEFOEMASPOL
Market cap$452.1 M$15.2 B$975.0 M$11.8 B$2.4 B
Total shares44.9 M123.7 M81.9 M289.5 M76.9 M
Float shares44.4 M122.9 M80.9 M287.2 M76.0 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 selling0.0%0.0%0.0%0.0%0.0%

OMN summary

Friday, September 20th, 2019
Open$10.09
Close$10.08
Day range$10.07 - $10.10
Previous close$10.06
Session gain0.20%
Average true range$0.02
50d mov avg$10.03
100d mov avg$8.39
200d mov avg$8.05
Daily pattern
Weekly pattern lb02c

OMNOVA Solutions performance

To 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.
Stock3m6m12m
OMNOMNOVA Solutions79.68%34.04%-1.66%
CECelanese16.77%26.48%7.99%
FOEFerro-22.48%-39.22%-50.04%
MASMasco6.98%6.86%6.84%
POLPolyOne7.31%11.72%-28.35%
PPGPPG Industries3.20%12.74%4.63%
RPMRPM International11.29%21.44%3.59%
TSETrinseo8.76%1.78%-41.44%

OMNOVA Solutions competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for OMNOVA Solutions. We selected 7 companies as OMNOVA Solutions competitors as they are in the same industry or have similar market objectives.