Headlines about OMNOVA Solutions (NYSE:OMN) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. OMNOVA Solutions earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 46.3148193573016 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- ETFs with exposure to OMNOVA Solutions, Inc. : August 1, 2017 (finance.yahoo.com)
- Comparing Sensient Technologies Corporation (SXT) & OMNOVA Solutions (OMN) (americanbankingnews.com)
- Styrene Acrylic Market to Witness Growth Acceleration by 2025 (mynewsdesk.com)
- Smart Strategies for the Growth of – Release Coatings Market (sbwire.com)
Shares of OMNOVA Solutions (OMN) opened at 9.50 on Wednesday. The stock’s market capitalization is $426.65 million. The stock’s 50 day moving average is $9.46 and its 200-day moving average is $9.19. OMNOVA Solutions has a 12-month low of $7.05 and a 12-month high of $10.42.
OMNOVA Solutions (NYSE:OMN) last issued its quarterly earnings results on Wednesday, June 28th. The specialty chemicals company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $221.30 million for the quarter, compared to the consensus estimate of $204.40 million. OMNOVA Solutions had a negative net margin of 1.19% and a positive return on equity of 19.65%. The firm’s revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.18 EPS. On average, analysts expect that OMNOVA Solutions will post $0.59 earnings per share for the current year.
A number of analysts have recently weighed in on OMN shares. Zacks Investment Research upgraded shares of OMNOVA Solutions from a “sell” rating to a “buy” rating and set a $10.00 target price for the company in a report on Tuesday, April 18th. Jefferies Group LLC reiterated a “buy” rating and set a $12.00 target price on shares of OMNOVA Solutions in a report on Friday, June 16th. ValuEngine upgraded shares of OMNOVA Solutions from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Sidoti started coverage on shares of OMNOVA Solutions in a report on Tuesday, June 13th. They set a “buy” rating and a $12.00 target price for the company. Finally, BidaskClub lowered shares of OMNOVA Solutions from a “buy” rating to a “hold” rating in a report on Monday, July 24th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. OMNOVA Solutions presently has a consensus rating of “Buy” and a consensus price target of $11.67.
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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.
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