How have Orion S.A (OEC)’s performance and profitability changed over the time?

Orion S.A [OEC] stock is trading at $25.42, up 3.08%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OEC shares have gain 6.18% over the last week, with a monthly amount glided 14.20%, and seem to be holding up well over a long-time horizon.

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On 9, April 2024, Orion S.A. Breaks Ground on Battery Materials Plant in Texas. In a post published today on Yahoo Finance, Orion S.A. (NYSE: OEC), a global specialty chemicals company, on Tuesday broke ground on a plant in Texas that will be the only facility in the U.S. producing acetylene-based conductive additives for lithium-ion batteries and other applications vital for the global shift to electrification.

From an analyst’s perspective:

Orion S.A [NYSE: OEC] stock has seen the most recent analyst activity on March 27, 2024, when Mizuho initiated its Neutral rating and assigned the stock a price target of $25. Previously, JP Morgan downgraded its rating to Neutral on April 14, 2023, and kept the price target unchanged to $26. On March 13, 2023, Credit Suisse initiated with a Outperform rating and assigned a price target of $31 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $23 on June 18, 2021. Loop Capital upgraded its rating to a Buy and raised its price target to $20 on October 27, 2020. Barclays downgraded its rating to Underweight for this stock on May 11, 2020, and downed its price target to $7. In a note dated August 05, 2019, Loop Capital downgraded an Hold rating on this stock.

Orion S.A [OEC] stock has fluctuated between $19.32 and $28.48 over the past year. Orion S.A [NYSE: OEC] shares were valued at $25.42 at the most recent close of the market.

Analyzing the OEC fundamentals

Orion S.A [NYSE:OEC] reported sales of 1.89B for the trailing twelve months, which represents a growth of 1.32%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.22 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.73.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.85 points at the first support level, and at 24.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.76, and for the 2nd resistance point, it is at 26.09.

Orion S.A [OEC] reported earnings per share of $0.17 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.33/share, meaning a difference of -$0.16 and a surprise factor of -48.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.49 per share as compared to estimates of $0.46 per share, a difference of $0.03 representing a surprise of 6.50%.

Ratios To Look Out For

For context, Orion S.A’s Current Ratio is 1.47. Further, the Quick Ratio stands at 0.82, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 3.08 and price to earnings (TTM) ratio is 14.71.

Transactions by insiders

Recent insider trading involved Painter Corning F., Chief Executive Officer, that happened on Aug 18 ’23 when 15000.0 shares were purchased.

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