Orion Engineered Carbons S.A with ticker code (OEC) now have 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 54.47 and 39.49 suggesting an average Analsyt target price of $46.03. Given that the stocks previous close was at $23.66 this would indicate that there is a potential upside of 94.5%. It’s also worth noting that there is a 50 day moving average of $24.97 while the 200 day moving average is $19.22. The market cap for the company is $1,422m. Company Website: https://www.orioncarbons.com
The potential market cap would be $2,767m based on the market consensus.
Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Luxembourg and internationally. 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 polymers, coatings, and battery electrodes. It also provides rubber carbon black products for applications in mechanical rubber goods under the PUREX brand, as well as in tires under the ECORAX brand name. The company was formerly known as Orion Engineered Carbons S.à r.l. and changed its name to Orion Engineered Carbons S.A. in July 2014. Orion Engineered Carbons S.A. was founded in 1862 and is headquartered in Senningerberg, Luxembourg.
The company has a dividend yield of 0.35% with the ex dividend date set at 16-5-2023 (DMY).
Other points of data to note are a P/E ratio of 13.71, revenue per share of 33.35 and a 7% return on assets.
