EPS for OMNOVA Solutions Inc. (OMN) Expected At $0.07

March 16, 2018 - By Maria Brooks

 EPS for OMNOVA Solutions Inc. (OMN) Expected At $0.07
Investors sentiment decreased to 1.11 in Q3 2017. Its down 0.12, from 1.23 in 2017Q2. It is negative, as 6 investors sold OMNOVA Solutions Inc. shares while 38 reduced holdings. 13 funds opened positions while 36 raised stakes. 38.61 million shares or 1.15% more from 38.17 million shares in 2017Q2 were reported.
1.10M are owned by Winslow Asset Mngmt Inc. Pnc Group Inc Inc invested 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). The Connecticut-based Aqr Capital Mgmt Limited Liability Company has invested 0.01% in OMNOVA Solutions Inc. (NYSE:OMN). Teton Advsr invested 0.26% in OMNOVA Solutions Inc. (NYSE:OMN). Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,269 shares or 0% of its portfolio. Clarivest Asset Ltd holds 0.11% in OMNOVA Solutions Inc. (NYSE:OMN) or 461,998 shares. Strs Ohio owns 76,500 shares or 0% of their US portfolio. Envestnet Asset Inc has 9,993 shares. Cornerstone Cap Mngmt Hldg Ltd Limited Liability Company has invested 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Lsv Asset Mngmt reported 0.01% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Malaga Cove Capital Limited invested in 84,809 shares or 0.55% of the stock. Price T Rowe Associates Md stated it has 37,418 shares. Blackrock stated it has 3.39 million shares or 0% of all its holdings. Metropolitan Life Insurance Com New York has invested 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). Invesco Limited accumulated 181,401 shares or 0% of the stock.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.07 EPS on March, 28 before the open.They anticipate $0.02 EPS change or 40.00 % from last quarter’s $0.05 EPS. OMN’s profit would be $3.14 million giving it 39.36 P/E if the $0.07 EPS is correct. After having $0.10 EPS previously, OMNOVA Solutions Inc.’s analysts see -30.00 % EPS growth. The stock increased 1.15% or $0.12 during the last trading session, reaching $11.02. About 106,046 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 16, 2017 and is uptrending. It has outperformed by 16.89% the S&P500.

OMNOVA Solutions Inc. (NYSE:OMN) Ratings Coverage

Among 3 analysts covering Omnova Solutions (NYSE:OMN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Omnova Solutions had 8 analyst reports since September 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 10 by Jefferies. Jefferies maintained the stock with “Buy” rating in Wednesday, January 31 report. Deutsche Bank maintained the stock with “Buy” rating in Monday, September 28 report. The firm earned “Hold” rating on Thursday, September 28 by KeyBanc Capital Markets. KeyBanc Capital Markets maintained OMNOVA Solutions Inc. (NYSE:OMN) on Thursday, August 24 with “Hold” rating. Jefferies maintained it with “Buy” rating and $12.0 target in Monday, August 28 report. The rating was maintained by Jefferies with “Buy” on Tuesday, July 18. On Friday, June 16 the stock rating was maintained by Jefferies with “Buy”.

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. The company has market cap of $494.03 million. The firm operates in two divisions, Performance Chemicals and Engineered Surfaces. It currently has negative earnings. The Performance Chemicals segment produces a range of latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants, and elastomeric modifiers, which are used in gas and oil drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic gloves, and various other specialty applications.

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