Origin Materials (ORGN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $1.14 to $1.25
• 50-Day Range: $1.03 to $1.88
• 52-Week Range: $0.44 to $1.90
• Volume: 1.22 million shs
• Average Volume: 1.71 million shs
• Market Capitalization: $180.73 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

Origin Materials Stock Analysis - MarketRank™

Origin Materials scored higher than 71% of companies evaluated by MarketBeat, and ranked 116th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Origin Materials has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Origin Materials has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Origin Materials are expected to grow in the coming year, from ($0.60) to ($0.41) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Origin Materials is -2.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Origin Materials is -2.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Origin Materials has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

3.07% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Origin Materials has recently increased by 13.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Origin Materials does not currently pay a dividend.

Dividend Growth

Origin Materials does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

3.07% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Origin Materials has recently increased by 13.04%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.88

News Sentiment

Origin Materials has a news sentiment score of 0.88. 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 0.73 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Origin Materials this week, compared to 1 article on an average week.

Search Interest

14 people have searched for ORGN on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Origin Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Origin Materials insiders have bought 89.05% more of their company's stock than they have sold. Specifically, they have bought $300,000.00 in company stock and sold $158,688.00 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 29.91% of the stock of Origin Materials is held by institutions.

ORGN Stock Analysis - Frequently Asked Questions

How have ORGN shares performed this year?

Origin Materials' stock was trading at $0.8362 at the start of the year. Since then, ORGN stock has increased by 48.3% and is now trading at $1.24.
View the best growth stocks for 2024 here.

How were Origin Materials' earnings last quarter?

Origin Materials, Inc. (NASDAQ:ORGN) issued its quarterly earnings data on Tuesday, May, 14th. The financial services provider reported ($0.10) EPS for the quarter, hitting the consensus estimate of ($0.10). The financial services provider had revenue of $6.83 million for the quarter. Origin Materials had a negative trailing twelve-month return on equity of 21.26% and a negative net margin of 229.52%.

Who are Origin Materials' major shareholders?

Top institutional investors of Origin Materials include Jacobs Levy Equity Management Inc. (1.61%), Geode Capital Management LLC (1.02%), HighTower Advisors LLC (0.72%) and State Street Corp (0.33%). Insiders that own company stock include Boon Sim, Matthew T Plavan, John Bissell, Richard J Riley, John Hickox, Joshua C Lee, Stephen Galowitz, Nathan S Whaley and Cook Pia Johanna Heidenmark.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Origin Materials own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Origin Materials investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Alphabet (GOOG) and Netflix (NFLX).

Company Calendar

• Last Earnings: 5/14/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Industrial organic chemicals
• Sub-Industry: Chemicals
• Current Symbol: NASDAQ:ORGN
• CUSIP: N/A
• CIK: 1268039
• Web: www.origenfinancial.com
• Phone: 916-231-9329
• Fax: N/A
• Employees: 160
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +157.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.57)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $23.80 million
• Net Margins: -229.52%
• Pretax Margin: -232.10%
• Return on Equity: -21.26%
• Return on Assets: -19.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 16.27
• Quick Ratio: 16.16

Sales & Book Value

• Annual Sales: $35.12 million
• Price / Sales: 4.83
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.46 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 145,751,000
• Free Float: 120,259,000
• Market Cap: $169.80 million
• Optionable: Optionable
• Beta: 1.00