Orion Engineered Carbons SA (NYSE:OEC) has received a consensus recommendation of “Hold” from the nine brokerages that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $20.50.
OEC has been the subject of several recent research reports. ValuEngine downgraded Orion Engineered Carbons from a “hold” rating to a “sell” rating in a report on Monday, November 4th. UBS Group dropped their target price on shares of Orion Engineered Carbons from $26.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, October 10th. Finally, Zacks Investment Research downgraded shares of Orion Engineered Carbons from a “hold” rating to a “sell” rating in a research report on Saturday, January 4th.
In other news, insider Stinson Terry 1,672,621 shares of the company’s stock in a transaction on Monday, November 18th.
Shares of Orion Engineered Carbons stock traded up $0.01 on Friday, hitting $19.31. 1,645 shares of the company traded hands, compared to its average volume of 302,985. The company has a current ratio of 1.83, a quick ratio of 1.24 and a debt-to-equity ratio of 3.52. The company has a market cap of $1.12 billion, a PE ratio of 8.73, a PEG ratio of 1.05 and a beta of 1.33. The stock’s 50 day moving average price is $19.11 and its 200-day moving average price is $17.40. Orion Engineered Carbons has a 52 week low of $12.10 and a 52 week high of $28.51.
Orion Engineered Carbons (NYSE:OEC) last announced its quarterly earnings data on Thursday, October 31st. The specialty chemicals company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. The company had revenue of $370.20 million for the quarter, compared to analysts’ expectations of $405.34 million. Orion Engineered Carbons had a return on equity of 68.78% and a net margin of 5.74%. As a group, research analysts anticipate that Orion Engineered Carbons will post 1.82 EPS for the current fiscal year.
Orion Engineered Carbons Company Profile
Orion Engineered Carbons SA, together with its subsidiaries, produces and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. It operates through two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; and various conductive carbon black grades for use in polymer and printing applications, as well as in silicon, non-woven textile, building material, battery electrodes metallurgical, agrochemical, and carbon brush applications.
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