Orion (NYSE:OEC) Issues Quarterly Earnings Results

Orion (NYSE:OEC) released its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.10, Zacks reports. The firm had revenue of $434.20 million during the quarter, compared to analysts’ expectations of $437.03 million. Orion had a net margin of 2.35% and a return on equity of 20.94%. Orion updated its FY 2025 guidance to 1.450-1.900 EPS.

Orion Trading Up 3.3 %

Shares of OEC stock opened at $15.15 on Friday. The stock has a 50 day simple moving average of $14.96 and a 200 day simple moving average of $16.43. Orion has a 1 year low of $13.32 and a 1 year high of $26.05. The company has a current ratio of 1.24, a quick ratio of 0.71 and a debt-to-equity ratio of 1.42. The stock has a market cap of $874.52 million, a P/E ratio of 20.20 and a beta of 1.50.

Analyst Ratings Changes

Several research analysts have weighed in on OEC shares. UBS Group lowered their price target on shares of Orion from $23.00 to $22.00 and set a “buy” rating on the stock in a report on Thursday. JPMorgan Chase & Co. raised Orion from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $20.00 to $21.00 in a report on Monday, November 11th.

About Orion

Orion SA, 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.