PolyOne stock: buy or sell?

POL stock price: $31.56 -3.93% At close on September 20th, 2019

Updated on:
September 20th, 2019

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PolyOne collapsed a frightening -3.93% and closed at $31.56.

PolyOne Corporation provides specialized polymer materials, services, and solutions in the United States, Canada, Mexico, Europe, South America, and Asia.

Should I buy PolyOne stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with PolyOne stock situation right now, therefore this is not a suitable entry point.

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 PolyOne stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we gathered 5 ratings published for POL stock in the last month.

The general sentiment of these ratings is bullish for POL stock, with 4 positive ratings.
Is POL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-22Robert W. BairdNeutralOutperform
2019-6-11Wellington ShieldsHoldAccumulate
2019-5-31SunTrust BanksHoldBuy
2019-4-18KeyCorpOverweightOverweight
2019-2-5Buckingham Researchn/aBuy

PolyOne stock analysis

Daily outlook

PolyOne collapsed a frightening -3.93% and closed at $31.56.

Shares of PolyOne ended today at $31.56 and collapsed a frightening -3.93%. Since price and SMA200d lines crossed up on August/15, POL climbed $2.04 (6.91%). From a daily outlook perspective, POL is drawing an uptrend of rising tops and rising bottoms. Since its last top on September/13 at $35.30, price slid and found support around $32.28. Breaking down under $32.28 would cancel the current uptrend and it might slide further to test lower supports. Note that $35.30 might act as a resistance line. If PolyOne breakouts over $35.30 with average or higher volume, this would be a clear signal that the uptrend resumes. Since SMA50d and SMA100d crossed up on July, POL price slid a -1.80%.

POL stock chart (daily)

Weekly outlook

After boosting an extraordinary 7.55% in a week last week, PolyOne closed this week at $31.56 and collapsed a bloodcurdling -9.73%.

PolyOne stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since late June when POL stock price broke up the SMA40w line, it gained $2.15 (7.31%).

POL stock chart (weekly)

PolyOne stock price history

PolyOne IPO was on September 13th, 1999 at $9.22 per share1. Since then, POL stock surged a 242.30%, with a yearly average of 12.10%. If you had invested $1,000 in PolyOne stock in 1999, it would worth $2,423.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PolyOne stock historical price chart

POL stock reached 52-week highs at $44.22, and all-time highs 2018-01-26 with a price of 45.74.

PolyOne stock price target is $32.50

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' POL stock price predictions in the hope that they will be met as they may be wrong and not met. We found 2 price forecasts for POL stock posted in the last month:
POL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-31SunTrust BanksUpgradesn/a$31.00-
2019-4-18KeyCorpLowers Target$36.00$34.00-5.6%
(in average)$36.00$32.50-10.0%
Moving in a range from $34.00 and $31.00, the price prediction for POL stock is $32.50. In average, analysts' outlook on POL price target is negative, downsizing the target by a -10.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when PolyOne presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this review.
POL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.61n/a
2017-Q32017-10-250.550.585.5%
2017-Q42018-01-260.40.412.5%
2018-Q12018-04-260.650.684.6%
2018-Q22018-07-240.720.71-1.4%
2018-Q32018-10-240.620.620.0%
2018-Q42019-01-290.410.410.0%
2019-Q12019-04-240.66n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a phenomenal increase of 9.40% to $3,533.40 million USD. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) escalated a 6.31% to 4.52%.

PolyOne fiscal year ends in December, 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, PolyOne TTM sales up to March 2019 were $3,531.70 and income $151.10 M USD. If we compare this TTM figures with the last reported annuality, we can esteem PolyOne business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, remained stable a neutral -0.05%. Similarly, profit margin (net income/sales) stayed steady at 4.52%.

POL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,770 M-$94 M2.5%-
2014$3,836 M1.74%$79 M2.1%-15.74%
2015$3,378 M-11.94%$145 M4.3%82.58%
2016$3,340 M-1.12%$165 M4.9%14.25%
2017$3,230 M-3.29%$-57.70 M-1.8%-134.93%
2018$3,533 M9.40%$160 M4.5%-376.95%
TTM $3,532 M-0.05%$151 M4.3%-5.44%

Quarterly financial results

PolyOne posted $899.90 M in sales for 2019-Q1, a 7.90% up compared to previous quarter. Reported quarter income marked $38.20 M with a profit margin of 4.24%. Profit margin inched a 2.88% compared to previous quarter when profit margin was 1.37%. When comparing sales to same quarter last year, PolyOne sales marked a tight movement and stayed stable a -0.19%.
POL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$814 M-$50 M6.1%-
2017-Q3$819 M0.54%$40 M4.9%-18.95%
2017-Q4$801 M-2.19%$38 M4.7%-5.47%
2018-Q1$902 M12.62%$47 M5.2%23.42%
2018-Q2$915 M1.46%$51 M5.6%9.38%
2018-Q3$883 M-3.48%$50 M5.7%-2.14%
2018-Q4$834 M-5.55%$11 M1.4%-77.29%
2019-Q1$900 M7.90%$38 M4.2%235.09%

PolyOne ownership

When you are planning to invest in shares of a stock, it's worth to overview its ownership structure.

PolyOne shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.13% of all shares.

Bearish positions for POL stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

POLCEEMNFMCHUN
Market cap$2.4 B$15.2 B$9.9 B$11.8 B$5.2 B
Total shares76.9 M123.7 M137.0 M130.4 M229.5 M
Float shares76.0 M122.9 M136.2 M122.0 M208.6 M
  - Institutional holdings (%)95.7%105.7%85.6%95.4%76.7%
  - Insider holdings (%)1.1%0.6%0.4%0.8%14.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

PolyOne summary

Friday, September 20th, 2019
Open$32.85
Close$31.56
Day range$31.23 - $32.85
Previous close$32.85
Session gain-3.93%
Average true range$1.05
50d mov avg$31.68
100d mov avg$29.64
200d mov avg$29.82
Daily patternlb03a
Weekly pattern lt06a

PolyOne performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For PolyOne, the comparison is made against Celanese, Eastman Chemical, FMC, Huntsman, Kraton, OMNOVA Solutions and Westlake Chemical.
Stock3m6m12m
POLPolyOne7.31%11.72%-28.35%
CECelanese16.77%26.48%7.99%
EMNEastman Chemical-4.29%-2.10%-25.14%
FMC 9.96%21.79%18.16%
HUNHuntsman16.93%6.74%-18.75%
KRAKraton18.18%8.42%-33.47%
OMNOMNOVA Solutions79.32%33.78%-1.85%
WLKWestlake Chemical-1.60%-0.63%-23.06%

PolyOne competitors

One check before trading any stock is to review a list of its competitors, in this case for PolyOne. We picked 7 companies as PolyOne competitors as they are in the same industry or have similar market objectives.