NASDAQ:ORGN

Origin Materials (ORGN) Stock Forecast, Price & News

$1.34

-0.01 (-0.74%)

(As of 09/26/2023 ET)

Compare

Today's Range: $1.31
▼
$1.40
50-Day Range: $1.22
▼
$4.48
52-Week Range: $1.18
▼
$6.26

Volume: 778,108 shs
Average Volume: 1.70 million shs
Market Capitalization: $192.32 million

P/E Ratio: 7.05
Dividend Yield: N/A
Price Target: $6.00

Origin Materials MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 347.8% Upside
$6.00 Price Target
Short Interest: Healthy
6.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 2 Articles This Week
Insider Trading: Selling Shares
$148,807 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.34 out of 5 stars

Oils/Energy Sector

104th out of 238 stocks

Industrial Organic Chemicals Industry

7th out of 17 stocks

3.2

Analyst's Opinion

Consensus Rating
Origin Materials has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Origin Materials has a forecasted upside of 347.8% from its current price of $1.34.
Amount of Analyst Coverage
Origin Materials has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
6.45% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Origin Materials has recently decreased by 24.81%, indicating that investor sentiment is improving significantly.

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.

1.3

News and Social Media Coverage

News Sentiment
Origin Materials has a news sentiment score of 0.43. 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 lower news sentiment than the 0.69 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Origin Materials this week, compared to 2 articles on an average week.
Search Interest
Only 15 people have searched for ORGN on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Origin Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 48.79% more of their company's stock than they have bought. Specifically, they have bought $100,010.00 in company stock and sold $148,807.00 in company stock.
Percentage Held by Insiders
17.49% 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 28.37% of the stock of Origin Materials is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Origin Materials are expected to remain at ($0.39) per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of Origin Materials is 7.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Origin Materials is 7.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.99.
Price to Book Value per Share Ratio
Origin Materials has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Origin Materials (NASDAQ:ORGN) Stock

Origin Materials, Inc., together with its subsidiaries, operates as a carbon-negative materials company. The company develops proprietary platform technology to convert biomass or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other product intermediates. Origin Materials, Inc. is headquartered in West Sacramento, California.

ORGN Price History

30 days | 90 days | 365 days | Advanced Chart

ORGN Stock News Headlines

September 26, 2023 | stockhouse.com

SHAREHOLDER ALERT: Weiss Law Investigates Origin Materials, Inc.

September 19, 2023 | prnewswire.com

ROSEN, A LEADING LAW FIRM, Encourages Origin Materials, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ORGN, ORGNW

September 27, 2023 | Altimetry (Ad)

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September 18, 2023 | benzinga.com

ORGN Investors Have Opportunity to Lead Origin Materials, Inc. Securities Fraud Lawsuit

September 18, 2023 | stockhouse.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Origin Materials, Inc. with Losses of $100,000 to Contact the Firm

September 18, 2023 | businesswire.com

Origin Materials Awarded BioMADE Funding to Advance Department of Defense Sustainability Goals

September 17, 2023 | finance.yahoo.com

Several Insiders Invested In Origin Materials Flagging Positive News

September 15, 2023 | businesswire.com

ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Origin Materials, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ORGN, ORGNW

September 27, 2023 | Stansberry Research (Ad)

Experts: NVIDIA Now "Too Big to Succeed"

Several of the market’s top analysts are sounding the alarm that NVIDIA’s share price may have reached its breaking point.

September 12, 2023 | benzinga.com

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Behalf of Origin Materials, Inc. (ORGN)

September 11, 2023 | benzinga.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Origin Materials, Inc. (ORGN) Investors of a Class Action Lawsuit and Upcoming Deadline

September 11, 2023 | benzinga.com

Origin Materials, Inc. (ORGN) Investors with Significant Losses Should Contact Robbins LLP for Information About Recovery

September 8, 2023 | benzinga.com

DEADLINE ALERT for ORGN, NSSC, AVAV, and SIMO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

September 8, 2023 | stockhouse.com

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in Origin Materials, Inc. with Losses of $100,000 to Contact the Firm

September 7, 2023 | stockhouse.com

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Origin Materials, Inc. (ORGN) Investors

September 7, 2023 | stockhouse.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Origin Materials, Inc. with Losses of $100,000 to Contact the Firm

September 6, 2023 | technews.tmcnet.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Origin Materials, Inc. (ORGN) on Behalf of Investors

September 4, 2023 | benzinga.com

Calling All Origin Materials, Inc. (ORGN) Investors: Contact Bronstein, Gewirtz & Grossman, LLC to Actively Participate in the Class Action Lawsuit

September 3, 2023 | prnewswire.com

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Origin Materials, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ORGN, ORGNW

September 2, 2023 | stockhouse.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Origin Materials, Inc. with Losses of $500,000 to Contact the Firm

September 2, 2023 | prnewswire.com

ORIGIN MATERIALS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Origin Materials, Inc. - ORGN

September 1, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Origin Materials, Inc. – ORGN

September 1, 2023 | benzinga.com

The Law Offices of Frank R. Cruz Announces Investigation of Origin Materials, Inc. (ORGN) on Behalf of Investors

August 31, 2023 | uk.news.yahoo.com

Origin Materials, Inc. (ORGN) Loses -66.27% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

August 31, 2023 | bizjournals.com

Origin Materials' entry into biofuels industry sends shares sliding

August 31, 2023 | benzinga.com

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Origin Materials, Inc.(ORGN) Investors of a Class Action Lawsuit and Upcoming Deadline

August 31, 2023 | benzinga.com

Origin Materials, Inc. (ORGN) Shareholder Alert: Robbins LLP Reminds Shareholders of Class Action Filed Against Origin Materials, Inc.

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ORGN Company Calendar

Last Earnings: 8/09/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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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: 201
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $6.00
High Stock Price Forecast: $6.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +347.8%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 7.05
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $78.57 million
Net Margins: N/A
Pretax Margin: 322.32%
Return on Equity: -9.87%
Return on Assets: -7.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 19.47
Quick Ratio: 19.44

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.64 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 143,520,000
Free Float: 118,415,000
Market Cap: $192.32 million
Optionable: Not Optionable
Beta: 1.41

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Key Executives

Mr. John Bissell (Age 38)
Co-Founder, Co-CEO & Director
Comp: $310.12k

Mr. Richard J. Riley (Age 49)
Co-CEO & Director
Comp: $412.8k

Mr. Joshua C. Lee (Age 46)
Gen. Counsel & Sec.
Comp: $213.14k

Mr. Nate S. Whaley (Age 49)
Advisor
Comp: $296.26k

Mr. Stephen Galowitz (Age 59)
Chief Commercial Officer
Comp: $303.92k

Mr. Ryan Smith (Age 44)
Co-Founder & CTO

Ms. Pamela Haley (Age 52)
Interim 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 analysts have issued "buy," "hold," and "sell" ratings for Origin Materials in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ORGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORGN, but not buy additional shares or sell existing shares.
View ORGN analyst ratings or view top-rated stocks.
What is Origin Materials' stock price forecast for 2023?: 3 Wall Street research analysts have issued 12-month price targets for Origin Materials' stock. Their ORGN share price forecasts range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 347.8% 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 2023?: Origin Materials' stock was trading at $4.61 at the beginning of the year. Since then, ORGN shares have decreased by 70.9% and is now trading at $1.34.
View the best growth stocks for 2023 here.
When is Origin Materials' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ORGN earnings forecast.
How were Origin Materials' earnings last quarter?: Origin Materials, Inc. (NASDAQ:ORGN) issued its earnings results on Wednesday, August, 9th. The financial services provider reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.05. The financial services provider earned $6.90 million during the quarter, compared to analyst estimates of $9.20 million.
What ETF holds Origin Materials' stock ?: WisdomTree BioRevolution Fund holds 7,413 shares of ORGN stock, representing 1.07% of its portfolio.

What guidance has Origin Materials issued on next quarter's earnings?: Origin Materials issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $40.00 million-$60.00 million, compared to the consensus revenue estimate of $48.46 million.
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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.44%), Geode Capital Management LLC (1.64%), State Street Corp (1.46%), Northern Trust Corp (0.69%), Alliancebernstein L.P. (0.39%) and Hudson Bay Capital Management LP (0.25%). Insiders that own company stock include Boon Sim, Charles Drucker, Cook Pia Johanna Heidenmark, John Bissell, Joshua C Lee, Karen A Richardson, Nathan S Whaley, R Tony Tripeny, 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 $1.34.
How much money does Origin Materials make?: Origin Materials (NASDAQ:ORGN) has a market capitalization of $192.32 million. The financial services provider earns $78.57 million in net income (profit) each year or $0.19 on an earnings per share basis.
How many employees does Origin Materials have?: The company employs 201 workers across the globe.
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 9/27/2023 by MarketBeat.com Staff

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