Analysts See $0.07 EPS for OMNOVA Solutions Inc. (OMN)

March 11, 2018 - By Adrian Mccoy

 Analysts See $0.07 EPS for OMNOVA Solutions Inc. (OMN)
Investors sentiment decreased to 1.11 in 2017 Q3. 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.
25,673 are owned by Barclays Public Limited Company. Pdt Prtnrs holds 17,700 shares or 0.01% of its portfolio. 1,642 were reported by Pnc Fincl Gru. Ameritas Partners, Nebraska-based fund reported 3,910 shares. Moreover, Macquarie Grp Inc has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN). 15,141 are owned by Stevens Management Lp. Wedge Mgmt L Ltd Partnership Nc invested in 0.02% or 205,771 shares. Clarivest Asset Lc accumulated 461,998 shares. Menta Capital Lc accumulated 275,461 shares or 0.44% of the stock. Indexiq Advisors Ltd has invested 0.04% in OMNOVA Solutions Inc. (NYSE:OMN). Federated Invsts Pa stated it has 493 shares or 0% of all its holdings. Moreover, Royal Retail Bank Of Canada has 0.03% invested in OMNOVA Solutions Inc. (NYSE:OMN) for 4.80M shares. Campbell & Invest Adviser Lc accumulated 31,984 shares or 0.28% of the stock. Aperio Ltd Liability Co reported 13,912 shares. Numeric Investors Ltd Com reported 548,455 shares.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.07 EPS on April, 4.They anticipate $0.02 EPS change or 40.00 % from last quarter’s $0.05 EPS. OMN’s profit would be $3.14M giving it 39.29 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 2.33% or $0.25 during the last trading session, reaching $11. About 115,372 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 12, 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 by Jefferies given on Tuesday, July 18. Jefferies maintained OMNOVA Solutions Inc. (NYSE:OMN) on Tuesday, October 10 with “Buy” rating. The rating was maintained by KeyBanc Capital Markets with “Hold” on Thursday, August 24. The rating was maintained by Jefferies with “Buy” on Monday, August 28. The rating was maintained by Jefferies on Wednesday, January 31 with “Buy”. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Hold” rating by KeyBanc Capital Markets on Thursday, September 28. The rating was maintained by Deutsche Bank with “Buy” on Monday, September 28. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Buy” rating by Jefferies on Friday, June 16.

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 $492.91 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.

More recent OMNOVA Solutions Inc. (NYSE:OMN) news were published by: which released: “Omnova Solutions: Post-Q3 Gains Look Like Too Much” on October 03, 2017. Also published the news titled: “OMNOVA Solutions’ (OMN) CEO Anne Noonan on Q4 2017 Results – Earnings Call …” on January 31, 2018.‘s news article titled: “OMNOVA SOLUTIONS INC.” with publication date: March 09, 2018 was also an interesting one.

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