Morgan Stanley analyst Vincent Andrews maintained a Sell rating on Olin (OLN – Research Report) today and set a price target of $28.00.
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Vincent Andrews has given his Sell rating due to a combination of factors impacting Olin’s financial outlook. The analyst has revised the earnings per share (EPS) estimates downward for the upcoming years, highlighting a significant deviation from the market consensus. Andrews projects EPS for 2026 at $1.52 compared to the consensus of $3.29, and for 2027 at $1.83 against $4.55 consensus, indicating a less optimistic view on the company’s profitability.
Additionally, the EBITDA estimates have also been lowered across the board for the coming years, with 2025 revised to $780 million compared to the $969 million consensus, and 2027 to $963 million versus $1,331 million consensus. These adjustments are attributed to various challenges such as headwinds in EDC pricing, disruptions from winter storms, scheduled maintenance in key segments, and inventory reduction in Winchester. Furthermore, commodity price fluctuations and contract settlements have been factored into the revised forecasts, contributing to the cautious stance on Olin’s stock.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of OLN in relation to earlier this year.