Orion (NYSE:OEC) Releases Earnings Results

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

Orion Stock Up 3.3 %

Orion stock opened at $15.15 on Friday. The firm has a market cap of $874.52 million, a price-to-earnings ratio of 20.20 and a beta of 1.50. Orion has a 52-week low of $13.32 and a 52-week high of $26.05. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.71 and a current ratio of 1.24. The firm has a 50 day moving average price of $14.96 and a two-hundred day moving average price of $16.43.

Analyst Upgrades and Downgrades

OEC has been the topic of several recent research reports. UBS Group cut their target price on shares of Orion from $23.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday. JPMorgan Chase & Co. raised shares of Orion from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $20.00 to $21.00 in a research note on Monday, November 11th.

Orion Company Profile

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.