Orion (NYSE:OEC) Announces Quarterly Earnings Results

Orion (NYSE:OEC) issued its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.10, Zacks reports. Orion had a return on equity of 18.97% and a net margin of 1.67%. Orion updated its FY 2025 guidance to 1.450-1.900 EPS.

Orion Stock Performance

Orion stock traded down $0.12 during mid-day trading on Wednesday, reaching $14.70. 510,193 shares of the company’s stock were exchanged, compared to its average volume of 417,863. The business’s fifty day simple moving average is $15.06 and its 200 day simple moving average is $16.45. The company has a quick ratio of 0.71, a current ratio of 1.24 and a debt-to-equity ratio of 1.42. Orion has a one year low of $13.32 and a one year high of $26.05. The firm has a market capitalization of $848.37 million, a PE ratio of 27.73 and a beta of 1.50.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. raised shares of Orion from a “neutral” rating to an “overweight” rating and raised their price target for the company from $20.00 to $21.00 in a research 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.