NYSE:OEC

Orion (OEC) Stock Forecast, Price & News

$21.28

+0.04 (+0.19%)

(As of 09/29/2023 ET)

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Today's Range: $21.12
▼
$21.50
50-Day Range: $20.69
▼
$23.48
52-Week Range: $12.87
▼
$26.91

Volume: 240,945 shs
Average Volume: 279,135 shs
Market Capitalization: $1.24 billion

P/E Ratio: 11.03
Dividend Yield: 0.38%
Price Target: $26.50

Orion MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 24.5% Upside
$26.50 Price Target
Short Interest: Healthy
1.03% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$323,850 Bought Last Quarter
Proj. Earnings Growth: 15.00%
From $2.20 to $2.53 Per Share

Overall MarketRank^™

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

2.51 out of 5 stars

Basic Materials Sector

59th out of 168 stocks

Miscellaneous Chemical Products Industry

3rd out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
Orion has received a consensus rating of Moderate 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 $26.50, Orion has a forecasted upside of 24.5% from its current price of $21.28.
Amount of Analyst Coverage
Orion has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.03% of the float of Orion has been sold short.
Short Interest Ratio / Days to Cover
Orion has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Orion has recently increased by 7.88%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Orion has a dividend yield of 0.39%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Orion does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Orion is 4.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Orion will have a dividend payout ratio of 3.16% next year. This indicates that Orion will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

2.5

News and Social Media Coverage

News Sentiment
Orion has a news sentiment score of 0.59. 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 0.35 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Orion this week, compared to 2 articles on an average week.
MarketBeat Follows
2 people have added Orion to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orion insiders have bought more of their company's stock than they have sold. Specifically, they have bought $323,850.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.30% of the stock of Orion is held by insiders.
Percentage Held by Institutions
89.94% of the stock of Orion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Orion are expected to grow by 15.00% in the coming year, from $2.20 to $2.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Orion is 11.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Orion is 11.03, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 96.13.
Price to Book Value per Share Ratio
Orion has a P/B Ratio of 2.82. 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 Orion (NYSE:OEC) Stock

Orion S.A., together with its subsidiaries, manufactures and sells 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 polymers, coatings, and battery electrodes. It also provides rubber carbon black products for applications in mechanical rubber goods under the PUREX brand, as well as in tires under the ECORAX brand name. It operates in Germany, the United States, South Korea, Brazil, China, South Africa, Rest of Europe, and internationally. The company was formerly known as Orion Engineered Carbons S.A. and changed its name to Orion S.A. in June 2023. Orion S.A. was founded in 1862 and is based in Houston, Texas.

OEC Price History

30 days | 90 days | 365 days | Advanced Chart

OEC Stock News Headlines

September 25, 2023 | msn.com

Orion (OEC) Accelerates Battery Innovation With New German Center

September 23, 2023 | americanbankingnews.com

Zentek (NASDAQ:ZTEK) vs. Orion (NYSE:OEC) Head to Head Survey

October 1, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 21, 2023 | benzinga.com

Orion S.A. Declares Interim Quarterly Dividend

September 21, 2023 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At Orion (NYSE:OEC)

September 12, 2023 | finance.yahoo.com

With German, EU Funding, Orion S.A. Investing €12.8M in Project for Circular Carbon Black

September 7, 2023 | finance.yahoo.com

Is There Now An Opportunity In Orion S.A. (NYSE:OEC)?

August 30, 2023 | finance.yahoo.com

Orion S.A. to Participate in Upcoming Investor Conferences

October 1, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

August 24, 2023 | finance.yahoo.com

CEO & Executive Director of Orion Picks Up 2.6% More Stock

August 11, 2023 | finance.yahoo.com

Should You Be Adding Orion (NYSE:OEC) To Your Watchlist Today?

August 11, 2023 | msn.com

Credit Suisse Maintains Orion S.A (OEC) Outperform Recommendation

August 10, 2023 | seekingalpha.com

Orion S.A. 2023 Q2 - Results - Earnings Call Presentation

August 9, 2023 | finance.yahoo.com

Orion S.A. Reports Second Quarter Financial Results

July 28, 2023 | finance.yahoo.com

Orion's (NYSE:OEC) investors will be pleased with their impressive 115% return over the last three years

July 14, 2023 | finance.yahoo.com

Orion S.A. (NYSE:OEC) Shares Could Be 22% Above Their Intrinsic Value Estimate

July 13, 2023 | finance.yahoo.com

Orion S.A. Announces Second Quarter 2023 Earnings Release Date and Conference Call Information

July 6, 2023 | msn.com

Orion S.A (OEC) Price Target Decreased by 7.06% to 32.23

June 30, 2023 | finance.yahoo.com

Orion Insiders Placed Bullish Bets Worth US$833k

June 28, 2023 | finance.yahoo.com

OEC - Orion S.A.

June 24, 2023 | money.usnews.com

Orion S.A

June 20, 2023 | markets.businessinsider.com

Orion Engineered (OEC) Gets a Buy from Loop Capital Markets

June 12, 2023 | finance.yahoo.com

Orion to Attend the Wells Fargo Industrials Conference

June 8, 2023 | finance.yahoo.com

Orion Declares Interim Quarterly Dividend

May 25, 2023 | finance.yahoo.com

Orion Engineered Carbons to Participate in the KeyBank 21st Annual Industrial & Basic Materials Conference

May 18, 2023 | msn.com

Orion Engineered Carbons's Return On Capital Employed Insights

May 15, 2023 | finance.yahoo.com

Can Orion Engineered Carbons S.A. (NYSE:OEC) Maintain Its Strong Returns?

See More Headlines

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OEC Company Calendar

Ex-Dividend for 7/6 Dividend: 5/16/2023
Dividend Payable: 7/06/2023
Last Earnings: 8/09/2023
Ex-Dividend for 10/5 Dividend: 9/14/2023
Today: 10/01/2023
Dividend Payable: 10/05/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous chemical products
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:OEC
CUSIP: N/A
CIK: 1609804
Web: www.orioncarbons.com
Phone: (352) 704-8060
Fax: N/A
Employees: 1,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $26.50
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $21.00
Forecasted Upside/Downside: +24.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.93
Trailing P/E Ratio: 11.03
Forward P/E Ratio: 9.67
P/E Growth: N/A
Net Income: $106.20 million
Net Margins: 5.92%
Pretax Margin: 9.00%
Return on Equity: 27.96%
Return on Assets: 6.80%

Debt

Debt-to-Equity Ratio: 1.44
Current Ratio: 1.47
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $2.03 billion
Price / Sales: 0.61
Cash Flow: $3.74 per share
Price / Cash Flow: 5.69
Book Value: $7.55 per share
Price / Book: 2.82

Miscellaneous

Outstanding Shares: 58,480,000
Free Float: 54,792,000
Market Cap: $1.24 billion
Optionable: Optionable
Beta: 1.57

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Key Executives

Mr. Corning F. Painter (Age 61)
CEO & Exec. Director
Comp: $1.95M

Mr. Jeffrey F. Glajch (Age 60)
Chief Financial Officer
Comp: $761.39k

Mr. Carlos J. Quinones (Age 58)
Sr. VP of Global Operations
Comp: $541.4k

Mr. Robert G. Hrivnak CPA (Age 63)
Chief Accounting Officer
Comp: $460.35k

Mr. Pedro Riveros (Age 52)
Sr. VP of Global Rubber Carbon Black & Americas Region
Comp: $619.01k

Dr. Sandra Niewiem (Age 46)
Sr. VP of Global Specialty Carbon Black & EMEA Region
Comp: $542.24k

Ms. Wendy Wilson
Head of Investor Relations

Dr. Christian Eggert (Age 49)
Sec. of the Company

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OEC Stock - Frequently Asked Questions

Should I buy or sell Orion stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orion in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OEC shares.
View OEC analyst ratings or view top-rated stocks.
What is Orion's stock price forecast for 2023?: 3 brokers have issued 12-month price targets for Orion's shares. Their OEC share price forecasts range from $21.00 to $35.00. On average, they anticipate the company's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for OEC or view top-rated stocks among Wall Street analysts.
How have OEC shares performed in 2023?: Orion's stock was trading at $17.81 at the start of the year. Since then, OEC stock has increased by 19.5% and is now trading at $21.28.
View the best growth stocks for 2023 here.
When is Orion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our OEC earnings forecast.
How were Orion's earnings last quarter?: Orion S.A. (NYSE:OEC) posted its quarterly earnings results on Wednesday, August, 9th. The specialty chemicals company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.59 by $0.06. The specialty chemicals company had revenue of $458.80 million for the quarter, compared to analyst estimates of $501.83 million. Orion had a net margin of 5.92% and a trailing twelve-month return on equity of 27.96%. The firm's revenue was down 15.2% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share.
How often does Orion pay dividends? What is the dividend yield for Orion?: Orion announced a quarterly dividend on Thursday, September 21st. Investors of record on Friday, December 15th will be given a dividend of $0.021 per share on Wednesday, January 17th. This represents a $0.08 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for OEC.
What ETF holds Orion's stock ?: Invesco Dorsey Wright Basic Materials Momentum ETF holds 88,812 shares of OEC stock, representing 1.23% of its portfolio.
Is Orion a good dividend stock?: Orion (NYSE:OEC) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 4.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OEC will have a dividend payout ratio of 3.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OEC.

What guidance has Orion issued on next quarter's earnings?: Orion updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $2.00-$2.25 for the period, compared to the consensus EPS estimate of $2.36. The company issued revenue guidance of -.
What other stocks do shareholders of Orion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Orion investors own include NVIDIA (NVDA), Boeing (BA), Main Street Capital (MAIN), Overstock.com (OSTK), QUALCOMM (QCOM), Enphase Energy (ENPH), Pure Storage (PSTG), Riot Platforms (RIOT), Twilio (TWLO) and General Motors (GM).
What is Orion's stock symbol?: Orion trades on the New York Stock Exchange (NYSE) under the ticker symbol "OEC."
How do I buy shares of Orion?: Shares of OEC 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 Orion's stock price today?: One share of OEC stock can currently be purchased for approximately $21.28.
How much money does Orion make?: Orion (NYSE:OEC) has a market capitalization of $1.24 billion and generates $2.03 billion in revenue each year. The specialty chemicals company earns $106.20 million in net income (profit) each year or $1.93 on an earnings per share basis.
How many employees does Orion have?: The company employs 1,600 workers across the globe.
How can I contact Orion?: Orion's mailing address is 4501 MAGNOLIA COVE DRIVE SUITE 106, HOUSTON TX, 77345. The official website for the company is www.orioncarbons.com. The specialty chemicals company can be reached via phone at (352) 704-8060 or via email at investor-relations@orioncarbons.com.

This page (NYSE:OEC) was last updated on 10/1/2023 by MarketBeat.com Staff

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