Analysts See $0.22 EPS for OMNOVA Solutions Inc. (OMN)

September 14, 2018 - By Carolyn Hewitt

OMNOVA Solutions Inc. (NYSE:OMN) LogoInvestors sentiment increased to 1.31 in Q2 2018. Its up 0.51, from 0.8 in 2018Q1. It improved, as 7 investors sold OMNOVA Solutions Inc. shares while 35 reduced holdings. 15 funds opened positions while 40 raised stakes. 39.05 million shares or 0.42% more from 38.89 million shares in 2018Q1 were reported.
Winslow Asset Management holds 1.06 million shares or 2.05% of its portfolio. Renaissance Tech Ltd Liability Corp has invested 0.02% in OMNOVA Solutions Inc. (NYSE:OMN). Missouri-based Amer Century Inc has invested 0% in OMNOVA Solutions Inc. (NYSE:OMN). Weber Alan W has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN) for 447,500 shares. Royal Bancorporation Of Canada holds 4.35 million shares. 343,260 are held by Millennium Mgmt. Financial Bank Of America De reported 11,630 shares stake. Teton Advsr reported 0.33% in OMNOVA Solutions Inc. (NYSE:OMN). Northern holds 0% or 700,627 shares in its portfolio. Meeder Asset stated it has 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN). 22,023 are held by Trexquant Ltd Partnership. Natl Bank Of New York Mellon Corporation holds 4.71 million shares. Gabelli Funds Llc accumulated 890,000 shares or 0.05% of the stock. James owns 1,450 shares or 0% of their US portfolio. Alliancebernstein L P holds 0% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN) for 26,900 shares.

Since July 6, 2018, it had 0 insider purchases, and 1 insider sale for $35,902 activity.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.22 EPS on September, 27.They anticipate $0.03 EPS change or 12.00 % from last quarter’s $0.25 EPS. OMN’s profit would be $9.87M giving it 11.68 P/E if the $0.22 EPS is correct. After having $0.20 EPS previously, OMNOVA Solutions Inc.’s analysts see 10.00 % EPS growth. The stock increased 1.73% or $0.175 during the last trading session, reaching $10.275. About 11,351 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 7.69% since September 14, 2017 and is uptrending. It has underperformed by 7.93% the S&P500.

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 $461.06 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.

OMNOVA Solutions Inc. (NYSE:OMN) Institutional Positions Chart

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