Orion (OEC) Stock Price, News & Analysis

Company Overview

Orion S.A., 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. It also provides rubber carbon black products for applications in mechanical rubber goods, as well as in tires under the ECORAX brand name; and acetylene-based conductive additives for lithium-ion batteries and other applications. It operates in the United States, Brazil, rest of the Americas, Germany, South Africa, Italy, Spain, Turkey, France, Rest of EMEA, China, the Republic of Korea, and rest of Asia. 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 headquartered in Senningerberg, Luxembourg.

Key Stats

• Today's Range: $15.12 to $15.74
• 50-Day Range: $14.98 to $19.30
• 52-Week Range: $14.94 to $28.48
• Volume: 857,201 shs
• Average Volume: 455,590 shs
• Market Capitalization: $896.97 million
• P/E Ratio: 29.32
• Dividend Yield: 0.51%
• Price Target: $26.33
• Consensus Rating: Moderate Buy

Orion Stock Analysis - MarketRank™

Orion scored higher than 79% of companies evaluated by MarketBeat, and ranked 74th out of 192 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

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.

Amount of Analyst Coverage

Orion has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.93%

Earnings Growth

Earnings for Orion are expected to grow by 8.93% in the coming year, from $1.68 to $1.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Orion is 29.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Orion is 29.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.65.

Price to Book Value per Share Ratio

Orion has a P/B Ratio of 1.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.35% 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 1.4, 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 40.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Orion has a dividend yield of 0.49%, 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 15.09%. 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 4.37% next year. This indicates that Orion will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.35% 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 1.4, 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 40.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.44

News Sentiment

Orion has a news sentiment score of 1.44. 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 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Orion this week, compared to 3 articles on an average week.

Search Interest

4 people have searched for OEC on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Orion insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.20% of the stock of Orion is held by insiders.

Percentage Held by Institutions

94.33% of the stock of Orion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OEC Stock Analysis - Frequently Asked Questions

How have OEC shares performed this year?

Orion's stock was trading at $27.73 at the beginning of 2024. Since then, OEC stock has decreased by 44.0% and is now trading at $15.54.
View the best growth stocks for 2024 here.

How were Orion's earnings last quarter?

Orion S.A. (NYSE:OEC) issued its quarterly earnings data on Thursday, November, 7th. The specialty chemicals company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by $0.06. The specialty chemicals company earned $463.40 million during the quarter, compared to analysts' expectations of $489.01 million. Orion had a net margin of 1.67% and a trailing twelve-month return on equity of 18.97%.

Who are Orion's major shareholders?

Top institutional investors of Orion include Pzena Investment Management LLC (6.25%), Harvey Partners LLC (2.94%), Minneapolis Portfolio Management Group LLC (2.75%) and State Street Corp (2.27%). Insiders that own company stock include Corning F Painter, Dan F Smith, Carlos Quinones, Sandra Niewiem, Mary A Lindsey and Kerry A Galvin.
View institutional ownership trends.

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

What other stocks do shareholders of Orion own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Orion investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/9 Dividend: 7/01/2024
• Dividend Payable: 10/09/2024
• Last Earnings: 11/07/2024
• Ex-Dividend for 1/21 Dividend: 12/13/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Miscellaneous chemical products
• Sub-Industry: N/A
• Current Symbol: NYSE:OEC
• CUSIP: N/A
• CIK: 1609804
• Web: www.orioncarbons.com
• Phone: (352) 704-8060
• Fax: N/A
• Employees: 1,650
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.33
• High Stock Price Target: $32.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +69.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.53
• Trailing P/E Ratio: 29.32
• Forward P/E Ratio: 9.25
• P/E Growth: N/A
• Net Income: $103.50 million
• Net Margins: 1.67%
• Pretax Margin: 3.06%
• Return on Equity: 18.97%
• Return on Assets: 4.86%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: 1.24
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: $1.91 billion
• Price / Sales: 0.47
• Cash Flow: $3.56 per share
• Price / Cash Flow: 4.37
• Book Value: $8.24 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 57,720,000
• Free Float: 56,450,000
• Market Cap: $896.97 million
• Optionable: Optionable
• Beta: 1.51