Olin: Shares Are Cheap Even With Subdued Results (Rating Upgrade)
Portfolio Pulse from
Olin Corporation's shares have dropped significantly in 2024 due to weak Chinese demand and management changes. However, the company is focusing on cost-cutting and strategic plans to improve its financial performance, aiming to double EBITDA and return $1 billion annually to shareholders by 2029.
January 03, 2025 | 2:00 am
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Olin Corporation's shares have dropped 38% in 2024 due to weak demand and management turnover. The company plans to double EBITDA and return $1 billion annually to shareholders by 2029, presenting a potential value opportunity.
The significant drop in Olin's share price in 2024, combined with new management's strategic plans to improve financial performance, suggests a potential positive impact on the stock price in the short term as investors may see this as a value opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100