Should I buy or sell Origin Materials stock right now?

3 Wall Street equities research 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 equities research 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 target for 2024?

3 Wall Street research analysts have issued twelve-month price objectives for Origin Materials' shares. Their ORGN share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 912.7% 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 2024?

Origin Materials' stock was trading at $0.8362 at the start of the year. Since then, ORGN stock has decreased by 29.1% and is now trading at $0.5925. View the best growth stocks for 2024 here .

When is Origin Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ORGN earnings forecast .

How were Origin Materials' earnings last quarter?

Origin Materials, Inc. (NASDAQ:ORGN) announced its quarterly earnings results on Thursday, February, 29th. The financial services provider reported ($0.09) earnings per share for the quarter. The financial services provider had revenue of $13.06 million for the quarter. Origin Materials had a negative trailing twelve-month return on equity of 11.11% and a net margin of 82.62%.

What guidance has Origin Materials issued on next quarter's earnings?

Origin Materials updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $25.0 million-$35.0 million, compared to the consensus revenue estimate of $122.0 million.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ORGN

Origin Materials (ORGN) Stock Price, News & Analysis

→ Nerd Investor Reveals Secret To Make Money With A.I. (From InvestorPlace) (Ad)

Free ORGN Stock Alerts

$0.59

-0.03 (-4.82%)

(As of 04/15/2024 ET)

Compare

Today's Range: $0.56
▼
$0.61
50-Day Range: $0.47
▼
$0.77
52-Week Range: $0.44
▼
$5.04

Volume: 1.61 million shs
Average Volume: 1.80 million shs
Market Capitalization: $86.46 million

P/E Ratio: 3.49
Dividend Yield: N/A
Price Target: $6.00

Get Origin Materials alerts:

Origin Materials MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 912.7% Upside
$6.00 Price Target
Short Interest: Bearish
6.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.83
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.38) to ($0.31) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.37 out of 5 stars

Oils/Energy Sector

140th out of 245 stocks

Industrial Organic Chemicals Industry

13th out of 19 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.
Amount of Analyst Coverage
Origin Materials has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.79% 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 4.6.
Change versus previous month
Short interest in Origin Materials has recently decreased by 1.53%, indicating that investor sentiment is improving.

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.

2.7

News and Social Media Coverage

News Sentiment
Origin Materials has a news sentiment score of 0.83. 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 0.57 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Origin Materials this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for ORGN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Origin Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Origin Materials insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.90% of the stock of Origin Materials is held by insiders.
Percentage Held by Institutions
Only 29.91% of the stock of Origin Materials is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Origin Materials are expected to grow in the coming year, from ($0.38) to ($0.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Origin Materials is 3.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of Origin Materials is 3.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.57.
Price to Book Value per Share Ratio
Origin Materials has a P/B Ratio of 0.20. 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

Ad Paradigm Press

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.

Click here to find out that this 8,788% cryptocurrency is.

About Origin Materials Stock (NASDAQ:ORGN)

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

ORGN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ORGN Stock News Headlines

April 11, 2024 | markets.businessinsider.com

Bank of America Securities Reaffirms Their Hold Rating on Origin Materials (ORGN)

April 9, 2024 | seekingalpha.com

ORGN Origin Materials, Inc.

April 16, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

April 7, 2024 | fool.ca

NASDAQ:ORGN (Origin Materials)

April 6, 2024 | americanbankingnews.com

Origin Materials (NASDAQ:ORGN) Stock Price Crosses Below 200 Day Moving Average of $0.80

April 3, 2024 | bizjournals.com

West Sacramento's Origin Materials succeeds at converting wood scraps for zero-carbon plastic

April 3, 2024 | finance.yahoo.com

Origin Materials Converts Wood Residue Feedstock into Sustainable Intermediates at Commercial-Scale Plant

March 31, 2024 | finance.yahoo.com

Estimating The Intrinsic Value Of Origin Materials, Inc. (NASDAQ:ORGN)

April 16, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

March 17, 2024 | finance.yahoo.com

ORGN Apr 2024 1.500 call

March 17, 2024 | finance.yahoo.com

ORGN Apr 2024 1.000 call

March 3, 2024 | finance.yahoo.com

Is There Now An Opportunity In Origin Materials, Inc. (NASDAQ:ORGN)?

March 2, 2024 | seekingalpha.com

Origin Materials, Inc. (ORGN) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Origin Materials, Inc. (NASDAQ:ORGN) Q4 2023 Earnings Call Transcript

February 29, 2024 | businesswire.com

Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023

February 19, 2024 | finance.yahoo.com

ORGN Mar 2024 0.500 put

February 15, 2024 | finance.yahoo.com

Origin Materials Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

February 15, 2024 | businesswire.com

Origin Materials Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

February 14, 2024 | morningstar.com

Origin Materials Inc Shs ORGN

January 31, 2024 | msn.com

Kraig Biocraft signs MOU in Vietnam's silk production capital

December 26, 2023 | finance.yahoo.com

While institutions own 28% of Origin Materials, Inc. (NASDAQ:ORGN), individual investors are its largest shareholders with 49% ownership

November 22, 2023 | morningstar.com

Origin Materials Inc Shs

November 21, 2023 | bizjournals.com

Zero-carbon plastic maker Origin Materials cuts 60 jobs, or 30% of staff, in push to profitability

November 20, 2023 | msn.com

Origin Materials announces 30% workforce reduction, sees $2.7M in restructuring charges

November 16, 2023 | msn.com

Origin Materials officer discloses sale of 12.4K shares

November 10, 2023 | finance.yahoo.com

Origin Materials, Inc. (NASDAQ:ORGN) Q3 2023 Earnings Call Transcript

November 9, 2023 | msn.com

Origin MaterialsEPS of $0.22, revenue of $7.14M misses by $7.75M

See More Headlines

Receive ORGN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Origin Materials and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/29/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Industrial organic chemicals
Sub-Industry: N/A
Current Symbol: NASDAQ:ORGN
CUSIP: N/A
CIK: 1268039
Web: www.origenfinancial.com
Phone: 916-231-9329
Fax: N/A
Employees: 162
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $6.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +912.7%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 3.49
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $23.80 million
Net Margins: 82.62%
Pretax Margin: 78.84%
Return on Equity: -11.11%
Return on Assets: -9.56%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 14.55
Quick Ratio: 14.48

Sales & Book Value

Annual Sales: $28.81 million
Price / Sales: 3.00
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.90 per share
Price / Book: 0.20

Miscellaneous

Outstanding Shares: 145,920,000
Free Float: 140,226,000
Market Cap: $86.46 million
Optionable: Optionable
Beta: 1.16

(Almost) Everything You Need To Know About The EV Market

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

Ms. Pamela Haley (Age 53)
Senior Vice President of Accounting & Finance
Dr. Mako Masuno Ph.D.
Chief Scientist
Amanda Medina
Head of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ORGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Origin Materials stock right now?: 3 Wall Street equities research 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 equities research 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 target for 2024?: 3 Wall Street research analysts have issued twelve-month price objectives for Origin Materials' shares. Their ORGN share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 912.7% 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 2024?: Origin Materials' stock was trading at $0.8362 at the start of the year. Since then, ORGN stock has decreased by 29.1% and is now trading at $0.5925.
View the best growth stocks for 2024 here.
When is Origin Materials' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ORGN earnings forecast.

How were Origin Materials' earnings last quarter?: Origin Materials, Inc. (NASDAQ:ORGN) announced its quarterly earnings results on Thursday, February, 29th. The financial services provider reported ($0.09) earnings per share for the quarter. The financial services provider had revenue of $13.06 million for the quarter. Origin Materials had a negative trailing twelve-month return on equity of 11.11% and a net margin of 82.62%.
What guidance has Origin Materials issued on next quarter's earnings?: Origin Materials updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $25.0 million-$35.0 million, compared to the consensus revenue estimate of $122.0 million.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ORGN) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Origin Materials (ORGN) Stock Price, News & Analysis

Origin Materials MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Origin Materials Stock (NASDAQ:ORGN)

ORGN Stock Price History

ORGN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ORGN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™