Orion (OEC) Projected to Post Earnings on Wednesday

Orion (NYSE:OEC - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Orion to post earnings of $0.53 per share and revenue of $486.06 million for the quarter. Orion has set its FY 2025 guidance at 1.450-1.900 EPS.

Orion (NYSE:OEC - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The specialty chemicals company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.10. The business had revenue of $434.20 million for the quarter, compared to the consensus estimate of $437.03 million. Orion had a net margin of 2.35% and a return on equity of 20.94%. On average, analysts expect Orion to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Orion Stock Down 1.6 %

OEC traded down $0.19 during trading on Monday, reaching $12.01. 387,396 shares of the stock traded hands, compared to its average volume of 508,974. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 0.71. Orion has a fifty-two week low of $10.50 and a fifty-two week high of $26.05. The stock's 50-day simple moving average is $12.61 and its two-hundred day simple moving average is $14.72. The stock has a market cap of $676.39 million, a price-to-earnings ratio of 16.01 and a beta of 1.20.

Orion Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Wednesday, June 11th will be issued a dividend of $0.0207 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.08 annualized dividend and a dividend yield of 0.69%. Orion's dividend payout ratio is 10.67%.

Insider Activity

In other news, VP Carlos Quinones bought 3,300 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were purchased at an average price of $13.07 per share, for a total transaction of $43,131.00. Following the acquisition, the vice president now directly owns 79,702 shares of the company's stock, valued at $1,041,705.14. The trade was a 4.32 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on OEC. UBS Group reduced their target price on shares of Orion from $23.00 to $22.00 and set a "buy" rating for the company in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered shares of Orion from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $18.00 to $12.00 in a research note on Thursday, April 24th.

About Orion

Orion SA, together with its subsidiaries, engages in the manufacture and sale of carbon black products. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for batteries, polymers, and coatings.