Orion (NYSE:OEC) Issues Earnings Results, Beats Expectations By $0.10 EPS

Orion (NYSE:OEC) posted its quarterly 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 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 Down 0.8 %

Shares of OEC traded down $0.12 on Wednesday, reaching $14.70. The company’s stock had a trading volume of 510,193 shares, compared to its average volume of 417,863. Orion has a twelve month low of $13.32 and a twelve month high of $26.05. The stock has a market capitalization of $848.37 million, a PE ratio of 27.73 and a beta of 1.50. 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 firm has a fifty day moving average of $15.06 and a 200-day moving average of $16.45.

Analyst Upgrades and Downgrades

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