Orion Engineered Carbons Stock Buy Hold or Sell Recommendation
| OEC Stock | USD 18.78 0.73 4.04% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Orion Engineered Carbons is 'Cautious Hold'. Macroaxis provides Orion Engineered buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OEC positions.
Check out Orion Engineered Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Orion and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Orion Engineered Carbons. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Orion |
Execute Orion Engineered Buy or Sell Advice
The Orion recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Orion Engineered Carbons. Macroaxis does not own or have any residual interests in Orion Engineered Carbons or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Orion Engineered's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Orion Engineered Trading Alerts and Improvement Suggestions
| Orion Engineered had very high historical volatility over the last 90 days | |
| Over 94.0% of the company shares are owned by institutional investors | |
| On 9th of October 2024 Orion Engineered paid $ 0.0207 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Orion Wins 111M Contracts, Strengthens Concrete Marine Units |
Orion Engineered Returns Distribution Density
The distribution of Orion Engineered's historical returns is an attempt to chart the uncertainty of Orion Engineered's future price movements. The chart of the probability distribution of Orion Engineered daily returns describes the distribution of returns around its average expected value. We use Orion Engineered Carbons price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Orion Engineered returns is essential to provide solid investment advice for Orion Engineered.
| Mean Return | 0.09 | Value At Risk | -3.84 | Potential Upside | 5.81 | Standard Deviation | 3.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Orion Engineered historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Orion Stock Institutional Investors
| Shares | State Street Corp | 2024-06-30 | 1.3 M | Geode Capital Management, Llc | 2024-09-30 | 1.3 M | Amvescap Plc. | 2024-06-30 | 1.2 M | Victory Capital Management Inc. | 2024-09-30 | 1.2 M | Schroder Investment Management Group | 2024-06-30 | 1.2 M | Divisar Capital Management, Llc | 2024-09-30 | 1.1 M | Inherent Group, Lp | 2024-09-30 | 1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 875.3 K | Fmr Inc | 2024-09-30 | 733 K | Blackrock Inc | 2024-06-30 | 4.2 M | Pzena Investment Management, Llc | 2024-09-30 | 3.6 M |
Orion Engineered Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 16.4M | 30.0M | (94.9M) | (60.1M) | (7.7M) | (8.1M) | |
| Change In Cash | 2.1M | (3.4M) | (2.2M) | (7.7M) | (23.2M) | (22.0M) | |
| Free Cash Flow | 75.7M | (19.7M) | (69.5M) | (151.8M) | 173.1M | 181.8M | |
| Depreciation | 96.7M | 96.5M | 104.1M | 105.7M | 113M | 106.5M | |
| Other Non Cash Items | 4.9M | 7.2M | (4.4M) | (6.8M) | (400K) | (380K) | |
| Capital Expenditures | 155.8M | 144.9M | 214.7M | 232.8M | 172.8M | 140.3M | |
| Net Income | 86.9M | 18.2M | 134.7M | 106.2M | 103.5M | 67.6M | |
| End Period Cash Flow | 63.7M | 64.9M | 65.7M | 60.8M | 40.2M | 57.1M | |
| Net Borrowings | (12.4M) | 26.8M | 76.2M | 160.3M | 184.3M | 193.6M | |
| Dividends Paid | 47.7M | 48.0M | 12.0M | 5M | 4.9M | 4.7M | |
| Change To Netincome | 28.1M | (2.6M) | 17M | 6.2M | 5.6M | 5.3M | |
| Investments | (155.8M) | (144.9M) | (214.7M) | (232.8M) | (176.7M) | (185.5M) |
Orion Engineered Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Orion Engineered or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Orion Engineered's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Orion stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.19 | |
β | Beta against Dow Jones | 2.23 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | -0.01 |
Orion Engineered Volatility Alert
Orion Engineered Carbons currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of -0.19. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Orion Engineered's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Orion Engineered's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Orion Engineered Fundamentals Vs Peers
Comparing Orion Engineered's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Orion Engineered's direct or indirect competition across all of the common fundamentals between Orion Engineered and the related equities. This way, we can detect undervalued stocks with similar characteristics as Orion Engineered or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Orion Engineered's fundamental indicators could also be used in its relative valuation, which is a method of valuing Orion Engineered by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Orion Engineered to competition |
| Fundamentals | Orion Engineered | Peer Average |
| Return On Equity | 0.0665 | -0.31 |
| Return On Asset | 0.0354 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | (0.03) % | (5.51) % |
| Current Valuation | 1.96 B | 16.62 B |
| Shares Outstanding | 57.72 M | 571.82 M |
| Shares Owned By Insiders | 2.53 % | 10.09 % |
| Shares Owned By Institutions | 93.51 % | 39.21 % |
| Number Of Shares Shorted | 471.5 K | 4.71 M |
| Price To Earning | 63.13 X | 28.72 X |
| Price To Book | 2.19 X | 9.51 X |
| Price To Sales | 0.55 X | 11.42 X |
| Revenue | 1.89 B | 9.43 B |
| Gross Profit | 448.8 M | 27.38 B |
| EBITDA | 327.2 M | 3.9 B |
| Net Income | 103.5 M | 570.98 M |
| Cash And Equivalents | 60.8 M | 2.7 B |
| Cash Per Share | 0.67 X | 5.01 X |
| Total Debt | 927.2 M | 5.32 B |
| Debt To Equity | 2.23 % | 48.70 % |
| Current Ratio | 1.39 X | 2.16 X |
| Book Value Per Share | 8.25 X | 1.93 K |
| Cash Flow From Operations | 345.9 M | 971.22 M |
| Short Ratio | 1.17 X | 4.00 X |
| Earnings Per Share | 0.54 X | 3.12 X |
| Price To Earnings To Growth | 1.25 X | 4.89 X |
| Target Price | 23.0 | |
| Number Of Employees | 1.65 K | 18.84 K |
| Beta | 1.49 | -0.15 |
| Market Capitalization | 1.04 B | 19.03 B |
| Total Asset | 1.83 B | 29.47 B |
| Retained Earnings | 417.6 M | 9.33 B |
| Working Capital | 205.8 M | 1.48 B |
Note: Disposition of 88974 shares by Corning Painter of Orion Engineered at 23.08 subject to Rule 16b-3 [view details]
Orion Engineered Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Orion . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 21581.38 | |||
| Daily Balance Of Power | 1.028169 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 18.61 | |||
| Day Typical Price | 18.66 | |||
| Price Action Indicator | 0.54 | |||
| Period Momentum Indicator | 0.73 | |||
| Relative Strength Index | 53.15 |
About Orion Engineered Buy or Sell Advice
When is the right time to buy or sell Orion Engineered Carbons? Buying financial instruments such as Orion Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Orion Engineered Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orion Engineered. If investors know Orion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orion Engineered listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.085 | Earnings Share 0.54 | Revenue Per Share 32.767 | Quarterly Revenue Growth (0.01) |
The market value of Orion Engineered Carbons is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Engineered's value that differs from its market value or its book value, called intrinsic value, which is Orion Engineered's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orion Engineered's market value can be influenced by many factors that don't directly affect Orion Engineered's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orion Engineered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Engineered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Engineered's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.