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

Orion (NYSE:OEC) released its earnings results on Wednesday. The specialty chemicals company reported $0.35 earnings per share for the quarter, topping 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 Down 0.8 %

Shares of NYSE OEC opened at $14.70 on Thursday. The stock has a fifty day moving average price of $15.06 and a 200 day moving average price of $16.45. The company has a market cap of $848.37 million, a P/E ratio of 27.73 and a beta of 1.50. Orion has a 12-month low of $13.32 and a 12-month 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.

Wall Street Analyst Weigh In

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