Added to YB: 2024-08-23
Pitch date: 2024-08-21
OEC [bullish]
Orion S.A.
-63.85%
current return
Author Info
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Company Info
Orion S.A., together with its subsidiaries, engages in the manufacture and sale of carbon black products.
Market Cap
$365.8M
Pitch Price
$17.51
Price Target
25.00 (+295%)
Dividend
1.27%
EV/EBITDA
5.59
P/E
-5.22
EV/Sales
0.78
Sector
Chemicals
Category
value
Show full summary:
Black is the New Black: Orion S.A. $OEC
OEC: Carbon black leader, $17.15 post-earnings dip. Tire demand weak, but coatings/polymers strong. Potential tire tariff tailwind. Peak cycle EBITDA $500M by 2025/26 vs $285M TTM. EPS $1.75-$1.95 guided. Mgmt buying shares, new buyback. FCF $700-800M 2023-25. 45% upside potential in 6-12mo. Long-term EV growth opportunity.
Read full article (4 min)