StockIceMan's Weekly Stock Pick
Week of
June 4, 2007
| Stock: |
Olin Corporation |
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| Ticker Symbol: |
OLN - NYSE - Basic Metals - Copper |
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| Buy: |
20.00 to 20.25 |
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| Sell: |
28.00 |
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Info: |
Olin Corporation engages
in the manufacture and sale of chlor alkali
products to commercial and industrial markets in
the United States and internationally. It
operates in three segments: Chlor Alkali
Products, Metals, and Winchester. The Chlor
Alkali Products segment offers chlorine and
caustic soda, sodium hydrosulfite, hydrochloric
acid, hydrogen, bleach products, and potassium
hydroxide. The Metals segment manufactures and
sells copper and copper alloy sheets, strips,
foils, rods, welded tubes, fabricated parts, and
stainless steel and aluminum strips. The
Winchester segment provides sporting
ammunitions, canister powder, reloading
components, small caliber military ammunition
and components, and industrial cartridges. The
company markets its products and services to
various industrial customers, wholesalers, and
other distributors, as well as to the U.S.
government and its contractors. Olin was founded
in 1892. It was formerly known as Olin Mathieson
Chemical Corporation and changed its name to
Olin Corporation in 1969. The company is
headquartered in Clayton, Missouri |
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| Financial Info: |
For the three months ended
3/31/2007, revenues increased 6% to $765.7
million. Net income decreased 31% to $23.1
million. |
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| Key Ratios: |
Current
Ratio: 2.35, Total Debt/Equity: 0.456, Trailing
P/E: 10.75x, Forward P/E: 16.48x, Price/Book:
2.68, Price/Sales: 0.47 |
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| Share Info: |
There are 73.74
million shares outstanding with 65.88
million shares in the trading
float. Institutions own
approximately 71.60% of the shares outstanding.
There have been no insider purchases or sales
in the last six months.
Real-Time SEC
Filings
As of 5/10/2007, there were 8.64 million shares short.
Net Institutional Buying: 4.844 million shares prior to latest
quarter. |
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| Articles: |
Missouri firm to acquire
Pioneer Cos. |
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