NASDAQ:ORGN

Origin Materials - ORGN Stock Forecast, Price & News

$6.91

-0.08 (-1.14%)

(As of 08/17/2022 03:02 PM ET)

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Today's Range: $6.66
▼
$6.91
50-Day Range: $5.02
▼
$7.30
52-Week Range: $4.65
▼
$8.10

Volume: 30,904 shs
Average Volume: 1.20 million shs
Market Capitalization: $982.95 million

P/E Ratio: 11.15
Dividend Yield: N/A
Price Target: $7.50

Origin Materials MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 10.6% Upside
$7.50 Price Target
Short Interest: Bearish
8.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.41
Based on 5 Articles This Week
Insider Trading: Selling Shares
$750,000 Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($0.22) to ($0.46) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Oils/Energy Sector

232nd out of 257 stocks

Industrial Organic Chemicals Industry

20th out of 21 stocks

2.3

Analyst's Opinion

Consensus Rating
Origin Materials has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.50, Origin Materials has a forecasted upside of 10.6% from its current price of $6.78.
Amount of Analyst Coverage
Origin Materials has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.19% of the float of Origin Materials has been sold short.
Short Interest Ratio / Days to Cover
Origin Materials has a short interest ratio ("days to cover") of 5.6.
Change versus previous month
Short interest in Origin Materials has recently increased by 3.26%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Origin Materials does not currently pay a dividend.
Dividend Growth
Origin Materials does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ORGN.

3.6

News and Social Media Coverage

News Sentiment
Origin Materials has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Origin Materials this week, compared to 1 article on an average week.
Search Interest
30 people have searched for ORGN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Origin Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Origin Materials insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $750,000.00 in company stock.
Percentage Held by Insiders
25.20% of the stock of Origin Materials is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 35.22% of the stock of Origin Materials is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Origin Materials are expected to decrease in the coming year, from ($0.22) to ($0.46) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Origin Materials is 10.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Origin Materials is 10.94, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 38.34.
Price to Book Value per Share Ratio
Origin Materials has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Origin Materials (NASDAQ:ORGN) Stock

Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic. It develops a platform for turning the carbon found in biomass into useful materials, while capturing carbon in the process. The company serves tire filler, carbon black, agriculture, and activated carbon markets. Micromidas, Inc. has a strategic alliance with Palantir Technologies Inc. The company was incorporated in 2008 and is based in West Sacramento, California with a facility in Sarnia, Canada.

Origin Materials Stock Down 1.3 %

Shares of NASDAQ:ORGN opened at $6.99 on Wednesday. Origin Materials has a 52 week low of $4.65 and a 52 week high of $8.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 43.25 and a current ratio of 43.25. The company's fifty day moving average is $5.80 and its 200-day moving average is $6.08. The company has a market capitalization of $994.30 million, a PE ratio of 11.27 and a beta of 0.97.

Insider Activity at Origin Materials

In related news, insider Stephen Galowitz sold 125,000 shares of Origin Materials stock in a transaction dated Wednesday, August 3rd. The stock was sold at an average price of $6.00, for a total value of $750,000.00. Following the completion of the transaction, the insider now directly owns 163,265 shares of the company's stock, valued at $979,590. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 25.20% of the stock is currently owned by company insiders.

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ORGN Stock News Headlines

August 17, 2022 | finance.yahoo.com

Origin Materials Co-Founder and Co-CEO to Speak at Bank of America – 2022 Sustainability & Circular Materials Day

August 13, 2022 | seekingalpha.com

Origin Materials (ORGN) Investor Presentation - Slideshow

August 17, 2022 | Investing Trends (Ad)

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August 8, 2022 | nasdaq.com

Noteworthy Monday Option Activity: ORGN, UWMC, FRPT

August 3, 2022 | finance.yahoo.com

Origin Materials, Inc. Reports Financial Results for Second Quarter 2022

July 27, 2022 | finance.yahoo.com

Origin Materials and ATC Plastics Announce Partnership to Bring 100% Bio-Content Carbon Black to the Plastics Industry

July 25, 2022 | finance.yahoo.com

Origin Materials and Intertex Announce Partnership to Produce 100% Bio-Content Carbon Black for Rubber Compounding

July 25, 2022 | finance.yahoo.com

Origin Materials Co-Founder and Co-CEO to Participate in Upcoming Investor Conferences

August 17, 2022 | Investing Trends (Ad)

How High Can Copper Go?

July 20, 2022 | seekingalpha.com

Origin Materials: Leading Carbon Negative Materials Player With Huge Growth Potential

July 20, 2022 | finance.yahoo.com

Origin Materials and Revlon Announce Initiative to Develop Next-Generation Sustainable Packaging for Cosmetics

July 20, 2022 | finance.yahoo.com

Origin Materials Announces Second Quarter 2022 Earnings Release Date and Conference Call

June 27, 2022 | finance.yahoo.com

Origin Materials Joins Russell 2000® and 3000® Indexes

June 7, 2022 | finance.yahoo.com

Origin Materials Wins EPA Green Chemistry Challenge Award for 2022 in Partnership with University of California, Davis

June 6, 2022 | seekingalpha.com

Linde and Piedmont Lithium join Russell 3000; Meta Materials removed: Annual Rebalancing

June 2, 2022 | finance.yahoo.com

Origin Materials Earns USDA Certified Biobased Product Label for Additional Carbon Negative Materials

May 19, 2022 | finance.yahoo.com

Origin Materials Co-CEO to Participate in Upcoming Investor Conferences

May 10, 2022 | finance.yahoo.com

Origin Materials' customers book $7.4 billion in future sales commitments

May 10, 2022 | finance.yahoo.com

Origin Materials Co-CEOs to Speak at Morgan Stanley 7th Annual Sustainable Futures Conference

May 10, 2022 | seekingalpha.com

Origin Materials, Inc. (ORGN) CEO John Bissell on Q1 2022 Earning Conference Call - Earnings Call Transcript

May 9, 2022 | za.investing.com

Origin Materials Tops Q1 EPS by 11c

May 9, 2022 | finance.yahoo.com

Origin Materials, Inc. Reports Financial Results for First Quarter 2022

May 6, 2022 | seekingalpha.com

Origin Materials Q1 2022 Earnings Preview

April 28, 2022 | finance.yahoo.com

Origin Materials lands partnership with Mitsubishi for development

April 28, 2022 | seekingalpha.com

Origin Materials partners with Mitsubishi Chemical to develop advanced chemicals, materials

April 28, 2022 | finance.yahoo.com

Origin Materials and Mitsubishi Chemical Holdings Group Partner to Develop Advanced Carbon-Negative Materials for Tires

April 26, 2022 | finance.yahoo.com

Origin Materials Co-CEOs to Participate in Upcoming Investor Conferences

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30 days | 90 days | 365 days | Advanced Chart

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ORGN Company Calendar

Today: 8/17/2022
Next Earnings (Estimated): 11/10/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Industrial organic chemicals
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:ORGN
CUSIP: N/A
CIK: 1268039
Web: www.origenfinancial.com
Phone: 916-231-9329
Fax: N/A
Employees: 86
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.50
High Stock Price Forecast: $8.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +8.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.62
Trailing P/E Ratio: 11.15
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $42.09 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -8.73%
Return on Assets: -5.43%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 43.25
Quick Ratio: 43.25

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.47 per share
Price / Book: 2.80

Miscellaneous

Outstanding Shares: 142,250,000
Free Float: 106,400,000
Market Cap: $982.95 million
Optionable: Not Optionable
Beta: 0.97

Key Executives

Mr. John Bissell (Age 36)
Co-Founder, Co-CEO & Director
Comp: $210.72k
Mr. Richard J. Riley (Age 47)
Co-CEO & Director
Comp: $288.38k
Mr. Joshua C. Lee (Age 45)
Gen. Counsel & Sec.
Comp: $221.73k
Mr. Stephen Galowitz (Age 58)
Chief Commercial Officer
Comp: $302.02k
Mr. Ryan Smith (Age 43)
Co-Founder & CTO
Mr. Nate S. Whaley (Age 48)
Chief Financial Officer
Dr. Mako Masuno Ph.D.
Chief Scientist
Mr. Christopher Williams-Campbell
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ORGN Stock - Frequently Asked Questions

Should I buy or sell Origin Materials stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Origin Materials in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ORGN shares.
View ORGN analyst ratings or view top-rated stocks.
What is Origin Materials' stock price forecast for 2022?: 3 Wall Street research analysts have issued 1-year price objectives for Origin Materials' shares. Their ORGN share price forecasts range from $7.00 to $8.00. On average, they expect the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for ORGN or view top-rated stocks among Wall Street analysts.
How have ORGN shares performed in 2022?: Origin Materials' stock was trading at $6.45 at the start of the year. Since then, ORGN stock has increased by 8.4% and is now trading at $6.99.
View the best growth stocks for 2022 here.
When is Origin Materials' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our ORGN earnings forecast.

What is Origin Materials' stock symbol?: Origin Materials trades on the NASDAQ under the ticker symbol "ORGN."
Who are Origin Materials' major shareholders?: Origin Materials' stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (1.15%), Knightsbridge Asset Management LLC (1.04%), Northern Trust Corp (0.68%), Candriam S.C.A. (0.39%), Cubist Systematic Strategies LLC (0.35%) and Millennium Management LLC (0.23%). Insiders that own company stock include Boon Sim, Charles Drucker, Karen A Richardson, Richard J Riley and Stephen Galowitz.
View institutional ownership trends.
How do I buy shares of Origin Materials?: Shares of ORGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Origin Materials' stock price today?: One share of ORGN stock can currently be purchased for approximately $6.99.
How much money does Origin Materials make?: Origin Materials (NASDAQ:ORGN) has a market capitalization of $994.33 million. The financial services provider earns $42.09 million in net income (profit) each year or $0.62 on an earnings per share basis.
How can I contact Origin Materials?: Origin Materials' mailing address is 27777 FRANKLIN ROAD SUITE 1700, SOUTHFIELD MI, 48034. The official website for the company is www.origenfinancial.com. The financial services provider can be reached via phone at 916-231-9329 or via email at ir@originmaterials.com.

This page (NASDAQ:ORGN) was last updated on 8/17/2022 by MarketBeat.com Staff

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Origin Materials - ORGN Stock Forecast, Price & News

Origin Materials MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month