The leading market experts have placed a mean price target of $9.00 on OMNOVA Solutions Inc. (NYSE:OMN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.17 a share for the upcoming quarter and $0.57 for the current fiscal.
The technical analysis of OMNOVA Solutions Inc. Common St plainly substantiates that the 50-day moving average of OMNOVA Solutions Inc. Common St is $9.04, and stock is trading $0.10 points away or +1.09% from its 50-day moving average of $9.04. Further it is trading $2.23 or +32.31% away its 200-day moving average of $6.91. OMNOVA Solutions Inc. (NYSE:OMN) 52-week high is $10.05 and the 52-week low is $4.37.
This explains if the stock moves $-0.91, it will post a 52-week high. In event of +109.15% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of OMNOVA Solutions Inc. Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, OMNOVA Solutions Inc. (NYSE:OMN) ratio came in at N/A.
The stock last ended the trading session at $9.14 and registered a market cap of $411.44M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. OMNOVA Solutions Inc. (NYSE:OMN) PEG ratio is at 0.52.
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