Should I buy or sell Origin Materials stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Origin Materials in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ORGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORGN, but not buy additional shares or sell existing shares. View ORGN analyst ratings or view top-rated stocks .

What is Origin Materials' stock price target for 2024?

3 analysts have issued 1-year price targets for Origin Materials' shares. Their ORGN share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 768.9% from the stock's current price. View analysts price targets for ORGN or view top-rated stocks among Wall Street analysts .

How have ORGN shares performed in 2024?

Origin Materials' stock was trading at $0.8362 at the start of the year. Since then, ORGN stock has decreased by 17.4% and is now trading at $0.6905. View the best growth stocks for 2024 here .

When is Origin Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our ORGN earnings forecast .

How were Origin Materials' earnings last quarter?

Origin Materials, Inc. (NASDAQ:ORGN) announced its quarterly earnings data on Thursday, February, 29th. The financial services provider reported ($0.09) EPS for the quarter. The financial services provider had revenue of $13.06 million for the quarter. Origin Materials had a net margin of 82.62% and a negative trailing twelve-month return on equity of 11.11%.

Is Origin Materials a good dividend stock?

Origin Materials (NASDAQ:ORGN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ORGN .

What guidance has Origin Materials issued on next quarter's earnings?

Origin Materials updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $25.0 million-$35.0 million, compared to the consensus revenue estimate of $122.0 million.

How do I buy shares of Origin Materials?

Shares of ORGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ORGN

Origin Materials (ORGN) Stock Price, News & Analysis

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$0.69

+0.11 (+18.95%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.58
▼
$0.71
50-Day Range: $0.47
▼
$0.77
52-Week Range: $0.44
▼
$5.04

Volume: 2.84 million shs
Average Volume: 1.79 million shs
Market Capitalization: $100.76 million

P/E Ratio: 4.06
Dividend Yield: N/A
Price Target: $6.00

Get Origin Materials alerts:

Origin Materials MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 768.9% Upside
$6.00 Price Target
Short Interest: Bearish
6.79% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.57
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.38) to ($0.31) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.24 out of 5 stars

Oils/Energy Sector

155th out of 227 stocks

Industrial Organic Chemicals Industry

12th out of 18 stocks

3.2

Analyst's Opinion

Consensus Rating
Origin Materials has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Origin Materials has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.79% of the float of Origin Materials has been sold short.
Short Interest Ratio / Days to Cover
Origin Materials has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Origin Materials has recently decreased by 1.53%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Origin Materials does not currently pay a dividend.
Dividend Growth
Origin Materials does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Origin Materials is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ORGN.

1.4

News and Social Media Coverage

News Sentiment
Origin Materials has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Origin Materials this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for ORGN on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Origin Materials to their MarketBeat watchlist in the last 30 days. This is a decrease of -69% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Origin Materials insiders have not sold or bought any company stock.
Percentage Held by Insiders
17.49% of the stock of Origin Materials is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 29.91% of the stock of Origin Materials is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Origin Materials are expected to grow in the coming year, from ($0.38) to ($0.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Origin Materials is 4.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Origin Materials is 4.06, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.60.
Price to Book Value per Share Ratio
Origin Materials has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Origin Materials Stock (NASDAQ:ORGN)

Origin Materials, Inc., together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products. Origin Materials, Inc. is headquartered in West Sacramento, California.

ORGN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ORGN Stock News Headlines

April 17, 2024 | msn.com

Origin Materials (ORGN) Price Target Increased by 5.51% to 2.28

April 16, 2024 | americanbankingnews.com

Origin Materials (NASDAQ:ORGN) Stock Passes Below 200 Day Moving Average of $0.76

April 19, 2024 | Crypto 101 Media (Ad)

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April 11, 2024 | markets.businessinsider.com

Bank of America Securities Reaffirms Their Hold Rating on Origin Materials (ORGN)

April 9, 2024 | seekingalpha.com

ORGN Origin Materials, Inc.

April 7, 2024 | fool.ca

NASDAQ:ORGN (Origin Materials)

April 3, 2024 | bizjournals.com

West Sacramento's Origin Materials succeeds at converting wood scraps for zero-carbon plastic

April 3, 2024 | finance.yahoo.com

Origin Materials Converts Wood Residue Feedstock into Sustainable Intermediates at Commercial-Scale Plant

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 31, 2024 | finance.yahoo.com

Estimating The Intrinsic Value Of Origin Materials, Inc. (NASDAQ:ORGN)

March 17, 2024 | finance.yahoo.com

ORGN Apr 2024 1.500 call

March 17, 2024 | finance.yahoo.com

ORGN Apr 2024 1.000 call

March 3, 2024 | finance.yahoo.com

Is There Now An Opportunity In Origin Materials, Inc. (NASDAQ:ORGN)?

March 2, 2024 | seekingalpha.com

Origin Materials, Inc. (ORGN) Q4 2023 Earnings Call Transcript

March 2, 2024 | finance.yahoo.com

Origin Materials, Inc. (NASDAQ:ORGN) Q4 2023 Earnings Call Transcript

February 29, 2024 | businesswire.com

Origin Materials, Inc. Reports Operating and Financial Results for Fourth Quarter and Full Year 2023

February 19, 2024 | finance.yahoo.com

ORGN Mar 2024 0.500 put

February 15, 2024 | finance.yahoo.com

Origin Materials Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

February 15, 2024 | businesswire.com

Origin Materials Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

February 14, 2024 | morningstar.com

Origin Materials Inc Shs ORGN

January 31, 2024 | msn.com

Kraig Biocraft signs MOU in Vietnam's silk production capital

December 26, 2023 | finance.yahoo.com

While institutions own 28% of Origin Materials, Inc. (NASDAQ:ORGN), individual investors are its largest shareholders with 49% ownership

November 22, 2023 | morningstar.com

Origin Materials Inc Shs

November 21, 2023 | bizjournals.com

Zero-carbon plastic maker Origin Materials cuts 60 jobs, or 30% of staff, in push to profitability

November 20, 2023 | msn.com

Origin Materials announces 30% workforce reduction, sees $2.7M in restructuring charges

November 16, 2023 | msn.com

Origin Materials officer discloses sale of 12.4K shares

November 10, 2023 | finance.yahoo.com

Origin Materials, Inc. (NASDAQ:ORGN) Q3 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Industrial organic chemicals
Sub-Industry: N/A
Current Symbol: NASDAQ:ORGN
CUSIP: N/A
CIK: 1268039
Web: www.origenfinancial.com
Phone: 916-231-9329
Fax: N/A
Employees: 162
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $6.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +768.9%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.17
Trailing P/E Ratio: 4.06
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $23.80 million
Net Margins: 82.62%
Pretax Margin: 78.84%
Return on Equity: -11.11%
Return on Assets: -9.56%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 14.55
Quick Ratio: 14.48

Sales & Book Value

Annual Sales: $28.81 million
Price / Sales: 3.50
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.90 per share
Price / Book: 0.24

Miscellaneous

Outstanding Shares: 145,917,000
Free Float: 120,396,000
Market Cap: $100.76 million
Optionable: Optionable
Beta: 1.16

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Key Executives

Ms. Pamela Haley (Age 53)
Senior Vice President of Accounting & Finance
Dr. Mako Masuno Ph.D.
Chief Scientist
Amanda Medina
Head of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ORGN Stock Analysis - Frequently Asked Questions

Should I buy or sell Origin Materials stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Origin Materials in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ORGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORGN, but not buy additional shares or sell existing shares.
View ORGN analyst ratings or view top-rated stocks.
What is Origin Materials' stock price target for 2024?: 3 analysts have issued 1-year price targets for Origin Materials' shares. Their ORGN share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 768.9% from the stock's current price.
View analysts price targets for ORGN or view top-rated stocks among Wall Street analysts.
How have ORGN shares performed in 2024?: Origin Materials' stock was trading at $0.8362 at the start of the year. Since then, ORGN stock has decreased by 17.4% and is now trading at $0.6905.
View the best growth stocks for 2024 here.
When is Origin Materials' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ORGN earnings forecast.

How were Origin Materials' earnings last quarter?: Origin Materials, Inc. (NASDAQ:ORGN) announced its quarterly earnings data on Thursday, February, 29th. The financial services provider reported ($0.09) EPS for the quarter. The financial services provider had revenue of $13.06 million for the quarter. Origin Materials had a net margin of 82.62% and a negative trailing twelve-month return on equity of 11.11%.
Is Origin Materials a good dividend stock?: Origin Materials (NASDAQ:ORGN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ORGN.
What guidance has Origin Materials issued on next quarter's earnings?: Origin Materials updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $25.0 million-$35.0 million, compared to the consensus revenue estimate of $122.0 million.
How do I buy shares of Origin Materials?: Shares of ORGN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ORGN) was last updated on 4/19/2024 by MarketBeat.com Staff

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