Origin Materials Stock Today

ORGN Stock  USD 1.08  0.04  3.57%   

Performance

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Odds Of Distress

Less than 4

 
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Origin Materials is selling at 1.08 as of the 17th of December 2024; that is 3.57 percent decrease since the beginning of the trading day. The stock's open price was 1.12. Origin Materials has only four percent chance of going through some form of financial distress over the next 2 years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
4th of September 2020
Category
Basic Materials
Classification
Financials
Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic. The company was incorporated in 2008 and is based in West Sacramento, California with a facility in Sarnia, Canada. Origin Materials operates under Chemicals classification in the United States and is traded on NASDAQ Exchange. The company has 146.25 M outstanding shares of which 5.47 M shares are now shorted by private and institutional investors with about 5.59 trading days to cover. More on Origin Materials

Moving against Origin Stock

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Origin Stock Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMortgage Real Estate Investment Trusts (REITs), Financial Services, Basic Materials, NASDAQ Composite, Synthetics, Chemicals Makers, Financials, Mortgage Real Estate Investment Trusts (REITs), Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.04990.0561
Fairly Down
Slightly volatile
Gross Profit Margin0.140.16
Fairly Down
Slightly volatile
Total Current Liabilities12.2 M12.9 M
Notably Down
Slightly volatile
Non Current Liabilities Total25.1 M26.5 M
Notably Down
Slightly volatile
Total Assets433.6 M461.8 M
Notably Down
Very volatile
Total Current Assets166 M187.1 M
Fairly Down
Slightly volatile
Debt Levels
Origin Materials can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Origin Materials' financial leverage. It provides some insight into what part of Origin Materials' total assets is financed by creditors.
Liquidity
Origin Materials currently holds 9.76 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Origin Materials has a current ratio of 42.39, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Origin Materials' use of debt, we should always consider it together with its cash and equity.

Total Cashflows From Investing Activities

83.96 Million
Origin Materials (ORGN) is traded on NASDAQ Exchange in USA. It is located in 930 Riverside Parkway, West Sacramento, CA, United States, 95605 and employs 162 people. Origin Materials is listed under Mortgage Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 168.19 M. Origin Materials conducts business under Mortgage Real Estate Investment Trusts (REITs) sector and is part of Financials industry. The entity has 146.25 M outstanding shares of which 5.47 M shares are now shorted by private and institutional investors with about 5.59 trading days to cover. Origin Materials currently holds about 406.14 M in cash with (60.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.95, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Origin Materials Probability Of Bankruptcy
Ownership Allocation
Origin Materials owns a total of 146.25 Million outstanding shares. Origin Materials holds 17.82 pct. of its outstanding shares held by insiders and 17.69 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Origin Ownership Details

Origin Stock Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada2024-09-30
449.5 K
Susquehanna International Group, Llp2024-09-30
428.1 K
Jane Street Group Llc2024-06-30
395.1 K
Renaissance Technologies Corp2024-09-30
392.5 K
Ameriprise Financial Inc2024-09-30
375.1 K
Bank Of America Corp2024-09-30
363.6 K
Citadel Advisors Llc2024-09-30
363.5 K
Citigroup Inc2024-09-30
336.4 K
Hudson Bay Capital Management Lp2024-09-30
325.4 K
Vanguard Group Inc2024-09-30
5.7 M
Blackrock Inc2024-06-30
2.5 M
View Origin Materials Diagnostics

Origin Materials Historical Income Statement

At this time, Origin Materials' Other Operating Expenses is very stable compared to the past year. As of the 17th of December 2024, Net Income From Continuing Ops is likely to grow to about 52.7 M, while Cost Of Revenue is likely to drop about 19.9 M. View More Fundamentals

Origin Stock Against Markets

Origin Materials Corporate Management

When determining whether Origin Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Origin Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Origin Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Origin Materials Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Origin Stock, please use our How to Invest in Origin Materials guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Mortgage Real Estate Investment Trusts (REITs) 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 Origin Materials. If investors know Origin 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 Origin Materials 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
2.667
Earnings Share
(0.57)
Revenue Per Share
0.241
Quarterly Revenue Growth
0.02
Return On Assets
(0.09)
The market value of Origin Materials is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Materials' value that differs from its market value or its book value, called intrinsic value, which is Origin Materials' 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 Origin Materials' market value can be influenced by many factors that don't directly affect Origin Materials' 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 Origin Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Materials' 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.